Thomson Reuters Reviews in United Kingdom

Updated August 17, 2014
Updated August 17, 2014
2,437 Reviews

3.3
2,437 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Thomson Reuters President & CEO James C. Smith
James C. Smith
744 Ratings

Review Highlights

Pros
  • Flexible work schedules that allows one to establish a good work-life balance (in 399 reviews)

  • Work from home was very much allowed and many times encouraged to balance work/life (in 84 reviews)


Cons
  • Doing this constantly has caused some serious loss of work-life balance as someone who cares (in 42 reviews)

  • But wait, that's not quite enough to keep those senior management bonuses coming (in 78 reviews)

More Highlights

56 Employee Reviews Back to all reviews

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  1.  

    Good people to work with but frustratingly bureaucratic

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters

    Pros

    Organisationally it's much more open than I would expect for the size and type of organisation, sometimes surprisingly so. This openness reflects in the grass roots culture with a much more relaxed atmosphere than is normally found in finance.

    There is a good work / life balance with working from home for those who want to the norm rather than the exception. So, in general it's a good company for those with young families

    Senior leadership has realised (c2012) that the finance and risk division needs to change, something that's driven by economic realities. There approach appears to be successful to some extent, which is given it's size is a good sign but as of 2014 they are still in the harsh reality of the changes

    Cons

    There are way to many barriers between the various parts of the organisation, especially in support services. Worse, the goals of large parts of IT services are at odds with the business drivers of other parts (save versus spend to make). The net result is that 1 day tasks take 6 weeks and some projects are simply impossible. This can be incredibly frustrating when delivering large/complex projects.

    There is still a lot of 'Old Income' focus, which given the decline in those revenues and financial state of the organisation needs to change: That is much harder than people think and one area to explore during interview

    Advice to ManagementAdvice

    Break down the barriers. IT services should be able to bring key technical staff together across the organisation quickly (minutes not hours or never). Focus on delivering service: Is the problem solved, how long did it take, not is the ticket closed.

    Become more flexible in the approach to IT service delivery - one size fits all selects the lowest common denominator, something that breaks the financial sector.

    Neutral Outlook
  2.  

    Challenging, but quite slow paced

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Sales Analyst  in  London, England (UK)
    Former Employee - Senior Sales Analyst in London, England (UK)

    I worked at Thomson Reuters full-time for more than a year

    Pros

    Global company, internal and international movement encouraged.

    Cons

    Lack of identity, too many buyouts of other companies, lacked focus

    Advice to ManagementAdvice

    Dont promise ICs things that you dont ultimately deliver on

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Two sides to this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at Thomson Reuters full-time for more than a year

    Pros

    Fascinating company with great products and interesting colleagues. The passion exhibited by employees is inspiring. Compensation and benefits are aligned well against the external market and the reputation of the company really enhances your CV.

    Cons

    This is entirely my experience of my particular division as I know others in the Company work in a more logical structure...

    There's an inability of management to delegate responsibility and therefore all decisions are made by committee so consequently very little is achieved. Far too many Director/VP roles and very few people to carry out the work that needs to happen. No career progression - promotions are not an option and teams change through external hires. Recent restructure means roles are far narrower - which makes the role content far less rewarding and far more mundane.

    Advice to ManagementAdvice

    Continue with the overall company direction, but focus in on less productive areas - possibly using satisfaction and attrition scores!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Quite good working atmosphere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer  in  London, England (UK)
    Current Employee - Software Engineer in London, England (UK)

    I have been working at Thomson Reuters full-time for more than a year

    Pros

    Large corporation with a lot of possibilities. The leadership is flexible which is good. You can have some freedom when making choices. The office is very nice.

    Cons

    As every corporation there is a lot of politics and corporate play. I did not like that. Sometimes you will work with teams on different continents and that hurts your performance because you will be time constrained to time zones.

    Advice to ManagementAdvice

    The management should discuss more career progress and promotion opportunities within the company.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Good culture but need to invest in growing areas

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  London, England (UK)
    Current Employee - Manager in London, England (UK)

    I have been working at Thomson Reuters full-time for more than 3 years

    Pros

    Good work life balance. However not enough regional balance too much control from NY which leads to them not totally understanding regional requirements

    Cons

    not enough investment in growing areas and not enough spend on technology

    Recommends
    Negative Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Significant changes underway to build solid foundation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Director  in  London, England (UK)
    Current Employee - Project Director in London, England (UK)

    I have been working at Thomson Reuters full-time for more than 10 years

    Pros

    Fantastically diverse, globally known, a lot of opportunity to move within the company itself.

    Cons

    Weak/absent leadership, inconsistent pay policies, major changes taking place.

    Advice to ManagementAdvice

    Too much rhetoric, promising pitches but yet to see any actual delivered improvements.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  8. 2 people found this helpful  

    Was good, going downhill...no appreciation of people who work hard

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Thomson Reuters full-time

    Pros

    It's flexible working, good benefits package though not salary.

    Cons

    Hard work and loyalty is not rewarded. 10 years ago the people hired were always reliably good and people you wanted to work with. Too often now people are hired on basis of professional qualification with little thought given to whether they are able to do the job or get on with their colleagues. Result = lots of very frustrated, underpaid decent employees increasingly looking elsewhere...This will not assist the company in retaining and growing profit.

    Advice to ManagementAdvice

    Stop chasing short term profits at the expense of loyal employees. It doesn't cost that much in the general scheme of things to take hard working people out for a drink once every few months and would massively boost morale. Stop putting so much emphasis on qualifications (and subsequently hiring unnecessary people) and instead look at how you can promote people within. This is apparently supposed to happen but I can name about 10 people who've been passed over in the past year in favour of (generally useless) external recruits.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    They're not bad for a City employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters

    Pros

    Good working environment, flexible working options, decent benefits

    Cons

    Lack of coherent strategy, pay is average for the City

    Advice to ManagementAdvice

    Think a bit further ahead than the end of the year.

    Neutral Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Good company but a lack of focus at senior levels

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Thomson Reuters full-time for more than 8 years

    Pros

    Reasonable benefits including annual leave and healthcare.
    Worklife balance is encourages in most teams.
    Online training courses are freely available.

    Cons

    TR purchase new companies constantly but fail to integrate the business.
    Management are too focussed on growth and risk existing staff morale.

    Advice to ManagementAdvice

    pay attention to employees and existing customers, the future is built on us.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Good company, but consistently making experienced staff redundant will eventually lead to product quality issues.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer  in  London, England (UK)
    Former Employee - Senior Software Engineer in London, England (UK)

    I worked at Thomson Reuters full-time for more than 10 years

    Pros

    Great people
    Good products
    Flexible working environments
    Good benefits

    Cons

    Cost saving measures resulted in many experienced staff being made redundant, and high new staff turnover makes it hard to maintain quality and expert knowledge that the company depends on.
    Brutal timescales on the projects I worked on - very poor up front planning on business case and project scope.

    Advice to ManagementAdvice

    Be more open with the staff!

    Recommends
    Neutral Outlook
    No opinion of CEO

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