Euromoney Reviews in United Kingdom

Updated September 11, 2014
Updated September 11, 2014
77 Reviews
2.7
77 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Christopher Fordham
22 Ratings

Review Highlights

Pros
  • People are nice and travelling experience was good (in 3 reviews)

  • Friendly environment - mostly grads bar senior management (in 4 reviews)


Cons
  • Currently junior people are doing all the heavy lifting, senior management is awful and plain lazy (in 4 reviews)

  • Little scope for career growth as company has a flat structure - few managers (in 3 reviews)

More Highlights

46 Employee Reviews Back to all reviews

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  1.  

    Smart, results-orientated company with strong entrepreneurial ethos

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Euromoney full-time for more than a year

    Pros

    From my experience this is a rewarding company for ambitious, entrepreneurial and results orientated individuals. As a global company there are good opportunities to travel and work abroad. There is a strong work ethic here and you need to be prepared to put in the hours. But there are many rewards in terms of personal development and great people to socialize with and to learn from. Good office facilities in central London.

    Cons

    Basic salaries are not the best but can be more than compensated by generous bonus schemes. Other company benefits or "perks" are minimal.

    Advice to ManagementAdvice

    Senior management could communicate and engage with the workforce more often. There can be a "silo" mentality within separate divisions and more could be done to encourage greater openness, collaboration and movement between divisions.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Likes to think its entrepreneurial, but is far from it; The curse of the BGMs and Profit Centers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  London, England (UK)
    Former Employee - Manager in London, England (UK)

    I worked at Euromoney full-time

    Pros

    1. Open to new ideas on paper
    2. Good culture in small pockets if you are willing to fight for your place
    3. Opportunity to travel and be based around the world
    4. Many schemes outside of pension to sign up for.

    Cons

    1. Politics is very heavy, esp at mid-level
    2. Top tier management disconnected from the rest of the company
    3. Business Group Managers (BGM) run the company and they are generally 45-60 years old, lacking talent and creativity, and this results in younger talent leaving (seen as threat, or the bigger wages are taken by the BGMs).

    Advice to ManagementAdvice

    Reconnect with the mid level management and the top staff below the BGMs. Many problems get shielded by the BGMs, you need to get under this skin.

    More BGMs should be recruited from within, younger talent should be given more of a chance with the sub-£1m. businesses. But greed is running Euromoney at present and Divisional managers do not want to risk any kind of money. This is resulting in stagnation.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Hard work results in bigger targets and lower commission rates

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Executive  in  London, England (UK)
    Former Employee - Sales Executive in London, England (UK)

    I worked at Euromoney full-time for more than 3 years

    Pros

    * Good opportunities to travel.
    * Good culture and sense of community among junior staff.
    * Opportunities for training if in bed with relevant management staff.
    * Can do little to no work 95% of the time and will never be noticed or told off, especially if in bed with relevant management team.
    * Good networking opportunities internally and externally.
    * Frequently buys out other companies, which can offer new internal opportunities.

    Cons

    * Company model is that staff should sacrifice 5-10 years (depending on how many people leave/die) before making income that competes with opportunities at other similar sized companies.
    * Salary of experienced sales employees frequently cut to protect bottom line profit margins. (Sales targets are based on keeping salary stagnant. If you make 200% of target your salary the coming year will factor this in and will offset your previous year; so you will then have a 400% target of two years' previous so (in tandem with your base salary) your income remains the same)
    * The only way to experience an increase in salary in securing a better position; which is a long waiting game with a political cesspit of internal competition.
    * Management team has little to no creativity and sets sales targets based on annual percentage increase rather than markets.
    * Promotions are largely added responsibility for no additional income and only rewarded by a new title.
    * Sales competition is often other parts of Euromoney and you compete with your colleagues.
    * Management team is a boys club which frequently spends afternoons at pub and friday/s hung over or off sick.
    * Long history of sexual harassment from management team with frequent complaints that are rarely acted upon.
    * Non existent HR team (2 people for entire company of ~1500 staff).
    * High turnover rates.
    * Little training.
    * Short-termist view which is only concerned with coming 12 months and no interest in long term growth.

    Advice to ManagementAdvice

    * Use your staff for ideas, they want to help and have unique perspectives on their markets.
    * If you intend to keep your staff reward their efforts and acknowledge their hard work.
    * Stop wasting time at the pub and lead by example.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Treat it with a the right mindset

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

    I worked at Euromoney as a contractor for less than a year

    Pros

    Very entrepreneurial, if you have a good idea and talk to the right people it is normally listened to which is good if you can get in with right people

    Cons

    leadership is mixed, they often are far too busy to be able to care for their employees and the amount of work is often lacking

    Advice to ManagementAdvice

    Spend some time with your staff, define more structure, more projects, poor support, confusing setup, better wages - if you want quality workers pay more

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Good opportunities if you work hard

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Euromoney full-time for more than a year

    Pros

    Lots of responsibility, training and travel

    Cons

    Low basic salary, odd internal politics, low pay rises

    Advice to ManagementAdvice

    Look after your staff otherwise they will use the company as a springboard

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Great place to start your career, but don't stay too long.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Manager  in  London, England (UK)
    Current Employee - Sales Manager in London, England (UK)

    I have been working at Euromoney full-time for more than a year

    Pros

    Some training, good opportunities for progression and some between divisions. Commission structure is generous at times.

    Cons

    Low basic salary for both grads and long-standing employees, limited possibility for promotion within divisions.

    Advice to ManagementAdvice

    No comment

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    Unhealthy workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Campaigns Manager  in  London, England (UK)
    Former Employee - Marketing Campaigns Manager in London, England (UK)

    I worked at Euromoney full-time for more than a year

    Pros

    Back in the day, pre-financial crisis, clients' budgets were at their peak and business was booming for Euromoney Training. Business had a large database for marketing efforts. Autonomy to implement acquisition campaigns. Good training provided with external companies. Well recognised brand.

    Cons

    Isolation from the central functions. Divisional management didn't trust workers and nearly bullied them. Stressful environment, high pressure and no recognition. Tools are built in-house. Outdated technology with poor user interface.

    Advice to ManagementAdvice

    - Get trained on people and conflict management.
    - Be more polite

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Good working environment .... for monkeys!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Euromoney full-time for less than a year

    Pros

    If you don't mind swearing and shouting and male-dominated Chauvinism then this is the place for you.

    Cons

    Unless you are 'one of the lads' or very thick skinned and 100% money orientated then this is a horrible place to work. They take on a lot of grads who probably don't know that there are better companies out there with professional working environments.

    Advice to ManagementAdvice

    Professionalism - look it up.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Unhappy and demotivating place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Conference Producer  in  London, England (UK)
    Current Employee - Conference Producer in London, England (UK)

    I have been working at Euromoney full-time for more than a year

    Pros

    Trusted with a lot of responsibilities, a lot of travelling.

    Cons

    no clear management structure and career path. poor salary, many promises and no realization. Very tight with holiday and pay rises.

    Advice to ManagementAdvice

    Think more about long term prospects for the company and for your younger employees. Motivated young people but very little career opportunities and few rewards.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    No work culture

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Marketing
    Former Employee - Marketing

    I worked at Euromoney full-time for more than a year

    Pros

    First job so was given a lot of responsibility. My job had a lot of variety so I learnt a great deal even if it was too much or overwhelming at times. Because everyone moans about the company so much you do build up a great camaraderie with your colleagues which helps through the bad times.

    Cons

    Lack of managerial support. Managers who have never done your job so don't understand what you need to do when there is a problem. No chance to progress because there are no annual reviews (unless you ask for it) and managers don't really care about your career progression unless you work in sales. Completely and utterly devoid of any staff culture- bad pay, no staff do's, 20 days holiday (you have to take 3 days from that 20 days over the Christmas period- it's mandatory). Sales is the be all and end all in this company and no one else's work is ever worth mentioning.

    Director's remind you of old fat cat pin stripe wearing directors from the 80's. In fact, the whole company is run by an old boys club. No innovation allowed. Only profit margins.

    Advice to ManagementAdvice

    Short termist strategy of focusing solely on profits to the detriment of staff morale, quality of work and desire to grow the company through innovation and change will cost you one day. It's a poisonous atmosphere to work in when you don't hear staff mention one good thing about the company in day to day life.

    Doesn't Recommend
    Disapproves of CEO

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