Cboe Reviews

Pros

Work Life Balance, Great co-workers, very laid back

Cons

sometimes to laid back, pay is slightly below market

Pros

A solid company with an inordinate number of friendly and competent people. For such a large organization, CBOE is able to keep all employees "rowing" the same way.

Cons

Very few downsides. Those few individuals who had their own agenda usually get weeded out.

Pros

For the most part...the people are great. You have the usual negative people but the positive and respectful employees outnumbers them by a wide margin.

Cons

Not a lot of training...it's kinda learn as you go. That's not such a bad thing though.

Advice to Senior Management

Get rid of people who are lazy and complete a holes to to other team members.

Pros

In the heart of the financial district
Opportunity to network with member firms
Challenging assignments

Cons

Limited opportunity for advancement
Salary not at market rate

Advice to Senior Management

Clearly provide the career path

Pros

Privately owned corporation. Very flexible with hours and work day-to-day tasks. No micromanaging of employees. Tasks are very straightforward and relatively easy to accomplish.

Cons

Tasks can be very repetitive and mundane. Not much interaction with direct manager (good or bad). Expectations of role are not clearly defined. Sharing of knowledge is sometimes painful. Career path very unclear.

Advice to Senior Management

I would suggest taking advice from other companies in the financial district - keep the employees well informed, make clear career paths and promotion availability. Start to require management to live up to higher expectations and not behave like a "family" business, but more like a "top" business in "grandfathering" in management.

Pros

Part of the financial markets and the intimate work environment as well as work, life balance.

Cons

pay, low bonuses, and not a lot of room for growth. most that work there don't really leave which limits advancement and promotion potential.

Advice to Senior Management

Pay bigger bonuses and increase pay on par with other firms in the industry

Pros

Great pay. Fairly low stress. Slow learning curve. Low expectations. Firm is (currently) privately held. Downtown Chicago. Nice employee referral program. Great resume stuffer.

It's a great "in" if you are in the Financial field or have an interest in Options and/or Stock. Lots of knowledgable people who have been around since the early days of CBOE.

Cons

Poor working relationships. Poor direct management supervision. Poor performance planning and management. Poor project management. Poor project execution. Low quality technological system.

There seem to be serious disconnects between the average employee and the overall direction of the company. Projects are often discombobulated, hard to implement, hard to follow, hard to clean up. With multiple projects being implemented, one on top of the other, the quality of the system would seem to be compromised. The employees that have been here for a while often come across as arrogant and can be difficult to work with, requiring other employees to pry information out of them.

Advice to Senior Management

Remember to keep the vision and goals of the organization strong and obvious to all levels of employees at the firm and create employee engagement as well as strong career paths.

Pros

Very relaxed work atmosphere, good salary & very good benefits.

Cons

Not much career advancement opportunities.

Advice to Senior Management

Create some middle level positions.