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

CME Group Reviews

Updated Jun 12, 2014
All Employees Current Employees Only

3.3 147 reviews

                             

92% Approve of the CEO

CME Group CEO Phupinder Gill

Phupinder Gill

(48 ratings)

64% of employees recommend this company to a friend
147 Employee Reviews
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Review Highlights

Pros:
  • "Great work-life balance; quality coworkers; relatively low-pressure working environment"
    in 21 reviews
  • "Tuition reimbursement and work life balance"
    in 8 reviews
Cons:
  • "no work life balance , no respect to employee time off"
    in 5 reviews
  • "If you are not liked by the inner circle of senior management you will not be successful here"
    in 5 reviews
  • Show more review highlights

Reviews

    • Culture & Values
           
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    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Pay and benefit is good but work hours is long

    Lead Software Engineer (Current Employee)
    Chicago, IL

    Prospay and benefit not much else

    Consno work life balance , no respect to employee time off

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

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    • Culture & Values
           
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    • Disapproves of CEO

    2 people found this helpful  

    A dichotomy.. it is what you make of it

    Market Regulation (Current Employee)

    Pros1. Tuition Reimbursement
    2. Work-life balance; Good amount of vacation days
    3. Good pay if you are fortunate enough to be in "preferred" circle
    4. Opportunity to work with an inadequate number of talented individuals for a brief period
    5. Tons of training opportunities
    6. A highly useful portal/training ground to learn about futures, commodities, and even equities

    Cons1. Limited growth opportunity and lateral mobility
    2. Mid and Low level management bloated with individuals that have 25+ yrs of experience each
    3. Chicago-centric mgmt; NY location exclusively in a supporting function
    4. Hints of Nepotism can be seen
    5. Pervasive Bureaucracy; multiple layers of excessive management

    Advice to Senior ManagementRecycle the mid layer and allow up and coming young professionals the opportunity to grow - thus improving employee retention and reducing flight risk of talent

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    • Approves of CEO

    1 person found this helpful  

    Good people. Great leader. Huge bureaucracy.

    Executive Director (Current Employee)
    Chicago, IL

    ProsMost down to earth, relatable and competent CEO I've ever met.
    Great work / life balance (if you're in the right department)
    Access to as much professional development as you want.
    Tuition reimbursement
    Part of a 150+ year institution

    ConsLargest board of directors in the entire U.S., with an equally ridiculously large Management Team, leads to mind-numbing bureaucracy and red tape.
    History of being run by members / traders means there is less respect for sales and marketing functions.
    Politics. Politics. Politics.

    Advice to Senior ManagementReduced size of management team so you can more quickly get to SOLUTIONS.
    Make clear and consistent priorities rather than broad objectives that end up being catch-all for every idea / initiative.
    Recognize that just because someone is really smart, does NOT mean they are a good manager -- stop putting them in positions where they are threatened and lessen the impact of the talent under them.
    If you want to be a GLOBAL company, stop allowing your chairman to invest in sport sponsorships that are U.S.-centric at best (LPGA) and Chicago-centric at worst (Blackhawks).

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

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    • Culture & Values
           
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    2 people found this helpful  

    Company has no respect for their employees

    Surveillance Analyst (Current Employee)
    Chicago, IL

    ProsGive you space to grow

    ConsTerrible colleagues and management. Cannot trust anyone.

    Advice to Senior ManagementGet rid of the people that are tearing down the department. There are a lot of useless people and you know who they are. They should all be relieved of their jobs.

    No, I would not recommend this company to a friend

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    Good experience working on the exchange floor

    Market Reporter (Former Employee)
    Chicago, IL

    ProsGood to experience working on the floor before everything goes upstairs.

    ConsNot a career job as floor trading is dying, if you can get upstairs then you're golden

    Advice to Senior Managementkeep up the good work!

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

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    Review

    Anonymous Employee (Former Employee)

    Prosgood work life balance here

    Consnot as much mobility as you would like

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    Trader

    Trader (Current Employee)
    Chicago, IL

    ProsThere is a lot of freedom to do what you want. the hours are not very long. you get to live anywhere potentially.

    ConsVery unstable career, makes life difficult on family and friends to say the least. computers are taking over the industry.

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    • Culture & Values
           
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    • Career Opportunities
           
    • Approves of CEO

    1 person found this helpful  

    Great Opportunities, Poor Organization

    Software Engineer (Current Employee)
    Chicago, IL

    ProsGood compensation, fair work/life balance, intelligent co-workers, great workplace, easy routes to transit

    ConsPoor organization both inter- and intra-department, unclear or non-existent job descriptions, often long work days, ineffective performance evaluation system.

    Advice to Senior ManagementTurnover seems higher in the last few years... consider discussing clear career paths with each employee.

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

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

    2 people found this helpful  

    Changing work environment at the CME

    Market Regulation (Former Employee)
    Chicago, IL

    ProsYou have the opportunity to work with talented individuals. You can learn a lot abot all different aspects of exchange futures trading.

    ConsUsually, management does not want to hear about your opinions or ideas. The subjective annual reviews are often unfair and do not reflect the actual effetiveness of the employee.

    Advice to Senior ManagementOlder workers should not be forced to leave when many of them have wisdom and experience that cannot be acquired in a year or two.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Good Work Life Balance

    Experienced Staff Auditor (Current Employee)
    Chicago, IL

    ProsGreat work-life balance; quality coworkers; relatively low-pressure working environment

    ConsLimited career growth; limited access to other departments within the company; mundane daily work

    Advice to Senior ManagementFind more ways to incentivize employees throughout the year; give staff more choices regarding audit scheduling, travel options, etc.

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

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Glassdoor is your free inside look at CME Group reviews and ratings — including employee satisfaction and approval rating for CME Group CEO Phupinder Gill. All 147 reviews posted anonymously by CME Group employees.