Markit – London, England
The role is encompasses the full lifecycle of index product development, from market research, prototyping, client validation, product development… experteer.co.uk
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- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at Markit full-time (more than 3 years)Pros
It used to be the case that nobody got fired at Markit. Sadly no more since a program of rolling redundancies got set in place. I guess you don't have to work too hard, and the quality of the workspace is good. But oh boy, the job ....Cons
Weak, weak, weak senior management, who encourage subordinates in their own image.
Safe pairs of hands.
Absence of quantitative meritorcratic targets.
Pointlessly acquisitive, companies are 'pieces in the puzzle' who are never really fitted together.
A cultural unwillingness to accept that poor judgements have been made.
Sheer quantity of useless internal "meetings" that are permitted.
Widespread tendency to initiate poorly specified projects with no business case leading to countless initiatives that burn bandwidth, talent and just fizzle out.
Renumeration is not driven by results - reviews are laughably done at more or less the same time bonuses are awarded.Advice to ManagementAdvice
Create meaningful goals and initiatives. Don't have endless pointless meetings about headcount - empowering smart people will get you a lot further than hiring new people.
Think before you buy yet another company. Isn't this just a way of avoiding having to think up things for yourselves?Doesn't RecommendNeutral OutlookApproves of CEO