Thomson Reuters

  www.thomsonreuters.com
  www.thomsonreuters.com
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3 people found this helpful  

No room for advancement, low salary, no appreciation for employees

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee in Eagan, MN
Former Employee - Anonymous Employee in Eagan, MN

I worked at Thomson Reuters full-time (more than 10 years)

Pros

Pretty decent insurance benefts, but the benefits go downhill each year and the prices always increase.

Cons

Low wages in comparison to other companies, little room for advancement. Once in a position, you are pigeon holed. Sneaky ways of letting go of their veteran employees via layoff or termination when they make too much money or are very close to full retirement age. Rearranging departments to cluster the highest paid and closest to retirement employees so they can eliminate those positons.

Doesn't Recommend
Positive Outlook
No opinion of CEO

2664 Other Employee Reviews for Thomson Reuters (View Most Recent)

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  1. 3 people found this helpful  

    Islands of brilliance surrounded by an ocean of mediocrity

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

    I worked at Thomson Reuters full-time (more than an year)

    Pros

    Lots of good people scattered around trying to do a good job themselves and help their coworkers to do so as well. Some very good products, and SOME very good management.

    Cons

    Management seems to have no clue what goes on in some parts of the company. Bad middle management happily undermines the company, slows down attempts to fix things and move forward. Good employees stuck under bad managers can't reach their potential and are often pushed out. And overall product strategy does not match what customers want. Customers feel nickeled and dimed to death - but in thousands of dollars rather then pennies. Also, pay can be quite poor and some people have to work obscenely long hours, while others get away with hardly any work at all.

    Advice to ManagementAdvice

    Find a way to detect and clean out the incompetent, heel dragging middle management. Employees who get stuck with bad managers have no one to turn to; that needs to change.

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

    Sales career in a company past it's prime

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative in Eagan, MN
    Current Employee - Sales Representative in Eagan, MN

    I have been working at Thomson Reuters full-time (more than 8 years)

    Pros

    Great benefits. Great products. Great name recognition.

    Cons

    Sales opportunites in this organizaiton a diminishing at a rapid rate. A very mature market. Customer loyalty has erroded as the desparate grab for more of theri money becomes very evident. Move from books to online has all but been completed and growth has all but stopped. Low priced competitors are becoming more attractive as TR places shareholder return above serving customer. May long term customers are paying more that retail for the plans. New products that are to be the hope of the future ad late to market in a pricing model that will be non sustainable for the long run..
    THey have climbed to the top of the mountain, but are oblivious to the chasm on the other side. Sales mangement has been reduced a bundle of threats, screaming and firing when they don't get what they want. THey have not hit their number in years and it's getting ugly.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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