CME Group Reviews

Updated August 27, 2014
Updated August 27, 2014
158 Reviews

3.5
158 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CME Group CEO Phupinder Gill
Phupinder Gill
54 Ratings

Review Highlights

Pros
  • Challenging environment with good work / life balance for the most part (in 23 reviews)

  • Tuition reimbursement and work life balance (in 8 reviews)


Cons
  • no work life balance , no respect to employee time off (in 6 reviews)

  • Bad middle management and no concern for employees personal issues (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Much expectation on fast on-boarding and taking over responsibilities from manager.

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

    I have been working at CME Group as an intern for less than a year

    Pros

    Lots to learn and business exposure.

    Cons

    Too many consultants in the firm, hard to convert to full-time employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Great Place to Work!

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

    I have been working at CME Group full-time for more than 10 years

    Pros

    Great 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.

    Cons

    Most 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 ManagementAdvice

    Address unprofessional behavior quicker and keep allowing people to grow and contribute!

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Cronyism, Corruption, Incompetence

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst, Quantitative Risk Management  in  Chicago, IL
    Former Employee - Senior Analyst, Quantitative Risk Management in Chicago, IL

    I worked at CME Group full-time for more than a year

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Challenging and Fast-Paced with an Evolving Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Chicago, IL
    Current Employee - Manager in Chicago, IL

    I have been working at CME Group full-time for more than 3 years

    Pros

    Professional environment, highly intelligent workforce, and opportunities for those with an innovative mindset. The organization is becoming more open to global mobility and cross-functional job moves.

    Cons

    Demanding environment with increasing work pressures. Culture is spoken, but not lived. Golden hand-cuffs apply here... pay, bonus, benefits and stock options make it a challenge to leave.

    Advice to ManagementAdvice

    The good 'ol boy mentality of the exchange still lives on. It's all in who you know and managing up. Imagine what the organization could do by fostering and empowering the workforce.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great Place to Intern

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

    I have been working at CME Group

    Pros

    Exciting, Varying, Fast Paced, Lots to Learn

    Cons

    Cost of Living, Low Pay

    Recommends
    No opinion of CEO
  7.  

    Up in the air

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology  in  Chicago, IL
    Current Employee - Technology in Chicago, IL

    I have been working at CME Group full-time for more than 10 years

    Pros

    Great location, ok pay, great benefits

    Cons

    Too many management layers, not enough doers, lots of red tape before decisions are made, very slow to react. This company is successful because it is huge. Losing market share to smalle, more nimble competitors.

    Advice to ManagementAdvice

    You give people titles, let them make decisions...too many decisions made by committee.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    One of the best places to work in Chicago

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Lead Software Engineer  in  Chicago, IL
    Current Employee - Lead Software Engineer in Chicago, IL

    I have been working at CME Group full-time for more than 5 years

    Pros

    Good work culture. Work and personal life balance. Excellent benefits. Open culture. People are generally motivated to their work.

    Cons

    Promotion policies are not uniform across departments. Company has started off shoring lot of work so I am not sure about the future of my job.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good time off and benefits that's about it

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

    I have been working at CME Group

    Pros

    They give you plenty of time off days and you're able to take them. Nice benefits package for insurance and pension

    Cons

    The managers can be mean and inconsiderate. Degrading with way they treat people.

    Impossible to transfer departments even if you are qualified, they would rather hire externally.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    good working environment and people!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at CME Group as a contractor for less than a year

    Pros

    1. best boss ever
    2. flexible working hours
    3. projects are interesting, can have a view of exchange business

    Cons

    1. too many consultants, see only some of them convert to full time positions.
    2. models are most settlement and risk margin models

    Positive Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Bureaucracy is strong with this one...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Chicago, IL
    Current Employee - Manager in Chicago, IL

    I have been working at CME Group full-time for more than 8 years

    Pros

    Working with the latest technology tools.

    Cons

    Always going after the shiniest new technology with little regard for how to run and maintain what we already have.

    Advice to ManagementAdvice

    I know Financial Services is a conservative industry but I want to see some bold leadership and decision making WITHOUT the need for a committee. Make a decision for your team, communicate the direction well, and then get out of the way.

    No opinion of CEO

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