CME Group
3.3 of 5 147 reviews
www.cmegroup.com Chicago, IL 1000 to 5000 Employees

CME Group Reviews in Chicago, IL

Updated Jun 12, 2014
All Employees Current Employees Only

3.3 93 reviews

                             

97% Approve of the CEO

CME Group CEO Phupinder Gill

Phupinder Gill

(34 ratings)

64% of employees recommend this company to a friend
93 Employee Reviews Back to all reviews
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    Can't find a negative thing to say about this company, just plain awesome!

    Analyst (Current Employee)
    Chicago, IL

    ProsHuge bonus, Competitive Salary, and Great Benefits!

    ConsCoffee in the break room isn't the greatest.

    Advice to Senior ManagementKeep on doing what your doing, its obviously works.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Very disappointing ending to a good career

    QA Manager (Current Employee)
    Chicago, IL

    ProsGood bonus and decent work life balance

    ConsBad middle management and no concern for employees personal issues.

    Advice to Senior ManagementBetter compensation, HR very bad.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Digital Marketing Intern

    Student Intern (Current Employee)
    Chicago, IL

    ProsPros-Great team,relaxed and really helps you to shape your career.

    ConsCons-None really,barring the job can get repetitive at times.

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    Good Place to work

    Manager (Former Employee)
    Chicago, IL

    Prosgood compensation, benefits and vacation
    Challenging environment with good work / life balance for the most part
    You can learn a lot
    Great on resume

    ConsPretty political and still has a very much "he or she are one of our people" type of situation for promotions
    It isn't CME Group's fault but the intense regulatory environment sometimes forces employees to do work that adds little value to the process or the organization but is done anyway because a regulator asked for it

    Advice to Senior ManagementValue your employees. They talk all the time about how CME Group experience counts but they always hire from the outside because they want the best fit making it very hard to transfer to another division or department.

    Yes, I would recommend this company to a friend

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    CME Group

    QA Analyst III (Former Employee)
    Chicago, IL

    ProsGreat company to work for if you're accepted by middle management team.

    ConsNot a greacompany to work for if you're not accepted by middle management team.

    Advice to Senior ManagementAll managers must realize that diversity (when utilized) can be your strength.

    No, I would not recommend this company to a friend

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    Software design and quality is not the highest priority.

    Senior Software Engineer (Former Employee)
    Chicago, IL

    ProsGood environment to work - modern offices. Latest software and computers. Healthcare and perks are good

    ConsThere is no work life balance. You are considered to be on call all the time.
    Software development is always rushed to the point that there is rarely any design, certainly no documentation - even in the code. It is all about getting a feature in and released - testing seems to be in production.

    Advice to Senior ManagementEngineers need to be given the time to produce code that represents what they can actually do rather what they can do in the time. The amount of engineering time wasted in reworking or studying undocumented code just to understand it's operation is enormous. It leads to a place where engineers feel pressured to get to the next milestone and the next checkbox rather than to do a good job.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Too much bureaucracy, nepotism, favoritism and a surprisingly large number of incompetent people

    Analyst (Current Employee)
    Chicago, IL

    ProsGreat benefits. Some of the best in a large company
    Easy work. The bar is set very low because of all the incompetence
    Great work-life balance
    You have to mess up very badly to get fired

    ConsNo real hope for career advancement. Incompetent people mostly fill middle management.
    Promotions are given to brown nosers. It does not matter how smart you are or how much you contribute.
    Low base pay and bonuses.
    If you are smart, you won't learn much here. Most of your time will be spent wiping the drool off your managers' faces.
    No one really cares for your opinion on anything. Give them a good idea and you will politely be told to shut up and sit down. You are simply to do what you are told. Do it while praising your manager for coming up with such an innovative solution and maybe you'll get promoted.

    Advice to Senior ManagementThe talk about how complacency is a killer is just that - talk! It's only a matter of time before someone takes market share away from you. Consider putting the company up for sale and pray for a private equity group to buy you out and give the cage the rattle it needs so badly. Tons of fat to be cut. The company is a cash cow being milked by people I wouldn't even hire to help my son with his homework, let alone decide what derivatives products should be launched or how they should be priced. And the technology? Either outdated or incredibly buggy or both! I'm surprised the company is able to function with all that junk.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Nice working environment with mixed cutlure

    Project Management (Current Employee)
    Chicago, IL

    ProsNice atmosphere with all diverse cultures, energetic team

    ConsInconsistent business goals that could forecast business road map and company prospect.

    Advice to Senior ManagementShare more the ideas from top management to other levels, and be appreciate to offer new ideas and initiatives.

    Yes, I would recommend this company to a friend

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    Great Place to Work!

    Anonymous Employee (Current Employee)
    Chicago, IL

    ProsGreat pay, great benefits, 401K match, great place to learn and grow. You get what you put into the experience. If you are innovative, hardworking, and collaborative, you will have much success here.

    ConsMost of the leadership and managers are great, some managers are not great. There is a slow reaction time to address unprofessional behavior in some departments.

    Advice to Senior ManagementAddress unprofessional behavior quicker and keep allowing people to grow and contribute!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Cronyism, Corruption, Incompetence

    Senior Analyst, Quantitative Risk Management (Former Employee)
    Chicago, IL

    Pros(1) Paid time off
    (2) Very low quality standards make working quite easy
    (3) Education reimbursement benefits
    (4) They have a virtual monopoly on parts of the futures and options markets

    Cons(1) There are very few competent people working here. Most of the best staff leave within six months to a year after joining.
    (2) Unabashed favoritism, nepotism, and racism
    (3) Extreme amounts of bureaucracy to the point where real work almost never gets done
    (4) Very poor management; I have never seen it this bad before
    (5) There is no culture to speak of; hypocrisy and double talk are the norm of management
    (6) Employees that do not go along with some of these issues are often harasses and retaliated against

    Advice to Senior ManagementIt is time to leave; get younger more capable people in positions of power to try to reform CME.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at CME Group reviews and ratings in Chicago, IL — including employee satisfaction and approval rating for CME Group CEO Phupinder Gill. All 93 reviews posted anonymously by CME Group employees.