There are newer employer reviews for NASDAQ OMX Group

 

Well, what can I say. Really quite bad.

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

I have been working at NASDAQ OMX Group full-time

Pros

Good benefits including 6% 401(k) match, but no public transportation stipend. Decent hours, but they are inflexible. Office is in the Financial District and the commute is easy.

Cons

Base salary is too low for San Francisco. The Thomson Reuters acquisition process was a complete disaster...trying to integrate a larger team into a smaller one in the way they tried just didn't work. Trying to integrate the legacy TR and NASDAQ products together isn't working either. Clients are very unhappy and are canceling left and right to go to competitors. Five sales people have left in the past month alone to get off of the sinking ship. Communication between sales and service is so disjointed that management thinks using Excel spreadsheets is the way to go. There are processes in place just for the sake of having a process.

This company is probably great for you if you are looking to plod along in the same position for 5+ years. Other employees aren't driven and are content with 'stability' over growth. Do not come here if you prefer working in a start-up environment because, contrary to what NASDAQ might tell you, they are not an 'aspiring technology company' and cannot possibly compete with smaller, more nimble competitors.

Advice to ManagementAdvice

Treat your employees better. Stop cutting costs at literally every corner and start treating us like it's your employees that make the company. And stop making life for clients difficult just because you can.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

89 Other Employee Reviews for NASDAQ OMX Group (View Most Recent)

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  1. 3 people found this helpful  

    Was great for a while then went downhill very rapidly after large acquisition that happened in June '13.

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

    I worked at NASDAQ OMX Group full-time (more than 5 years)

    Pros

    Very good benefits, base pay, high quality coworkers. Some legacy products are top notch. Good company name to have on your resume.

    Cons

    Management in place now with the Thomson acquisition that has absolutely no clue what they are doing. Misstep after misstep from product roll-outs to Facebook IPO, to exchange outage in August '13. CEO will not accept any responsibility (buck does not stop with him), but will quickly place blame on internal technology issues or blame outside factors.

    Constantly in fear of losing your job regardless of your loyalty/tenure or how well you are doing. Employees looking to leave like rats off a sinking ship. Meetings that are typically a complete and utter waste of time. Mandate from CEO is to constantly cut costs and increase margins (like a broken record), but eventually there is no more meat left on the bone to cut. CEO is surrounded by "yes" men/women and if you're liked by executive management you'll have a job forever at Nasdaq.

    VP level on up is too concerned with ladder climbing.Too many fiefdom's that don't communicate well and are all selling into the same accounts which creates confusion for the prospects/clients.

    Advice to ManagementAdvice

    Invest in your people vs giving yourselves raises...training benefits everyone and adds to your bottom line via increased sales. Also, learn to treat your employees with respect vs. treating them like cattle. Remove yourself from your ivory towers and get out with your divisions to better understand their challenges. Last but not least, please stop the old school 'rule by fear' method...it doesn't work to motivate people.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Not all that fancy

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

    I have been working at NASDAQ OMX Group full-time

    Pros

    Good pay. Good location (Rockville, MD)

    Cons

    Not clear direction. Micro-managed. Tons of meaningless meetings. No clear career path. Unfair treatment.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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