London Stock Exchange

  www.londonstockexchange.com
  www.londonstockexchange.com

London Stock Exchange Reviews

Updated October 31, 2014
Updated October 31, 2014
13 Reviews
2.4
13 Reviews
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Xavier Rolet
7 Ratings

Employee Reviews

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  1.  

    Going places

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

    I worked at London Stock Exchange full-time (more than an year)

    Pros

    Good people, good strategic leadership and vision for where the company is going.

    Cons

    Growing very fast, and integrating a lot of different groups is a challenge

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Image and reality very different

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

    I have been working at London Stock Exchange full-time

    Pros

    Brand name.
    Growing business.
    Location - lots to escape to at lunch time

    Cons

    Staff motivation - zero due to lack of ability & training. Also endemic senior management style of micro managerment, blame culture and taking credit for other employees' ideas.
    Lack of professionalism - best in class practices or new ideas are treated as though you are threatening the existing staff so you are attacked (in that subtle way of asking questions or making you responsible for tasks when you have had no hand over or background information). Long term staff are not good at accepting change - still a small company mindset
    New joiners get little / no support from existing management - on boarding new staff is kept to a disgraceful minimum - lucky to get 2 hours' handover even though you have gone through the 2 interviews and the 3 tests (behavioural, numeracy, verbal reasoning) you are some how expected to be psychic as to where things are located or the history of the business
    Lack of documentation - again, another trap for new joiners. Basic documents on processes are missing so expect to start from scratch on most things. People purposelly omit to pass on information that's in their heads. And the reason nothing is written down? So the incumbents can appear/feel smarter than you newbies.
    Staff titles - misleading staff titles. People are given titles without the experience, skill set or qualifications you would expect in the open market - hence the poor quality of work and motivation throughout.

    Advice to ManagementAdvice

    Consider who the people in your management team are causing the cultural dysfuncionality.
    Consider getting true exit interviews from people leaving. Good people are not sticking around because it's bad for their skill sets. Long term staff members do not have enough experience/skills and suck the new talent dry whilst claiming their ideas as their own.
    Consider what your long term goal is. Do you just want long term people who have no drive? Or do you genuinely want a centre of excellence? If it is the latter, suggest people re-apply for the roles and have a thrid party interview the people based on benchmarking for those roles.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3. 2 people found this helpful  

    the worst company I have worked for by far

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

    I worked at London Stock Exchange

    Pros

    location is handy. Some very nice people. strong brand. potential to do interesting work if you are lucky. Effective fire-fightiong by some middle and line managers.

    Cons

    Incompetent, bullying senior leadership that condones bullying managers. The group is being mis-managed in many areas, starting at the top. leaking talent regularly. completely reactive. lack of respect for employees. No sense of what the right things to focus on are, so working on far too many projects with less and less resources without any reference to the reality on the ground. Lots of anger and frustration in many teams. Command and control culture with no empowerment for staff.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    Dissapointing experience

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

    I have been working at London Stock Exchange full-time (more than an year)

    Pros

    Bonuses (if you get them!) are quite good

    Cons

    Management is too disconnected from the rest of the employees; poor communication, poor motivation.

    Advice to ManagementAdvice

    Look more closely to your managers' attitude towards the staff! they might deliver on their promises but their staff is leaving because they are terrible managers. why would you put people who have no clue how to manage staff, in managerial positions?!

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Not recommended.

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

    I worked at London Stock Exchange

    Pros

    Great brand name, some interesting projects.

    Cons

    Aggressive culture. Very very high staff turnover, people are demoralised, undervalued and browbeaten. Senior management seem to pride themselves on driving good people out in the name of 'cost savings'. No encouragement, no reward for hard work. Blame culture - senior management have created an environment where employees are burned out and feel like they are digging their own graves. Impression that senior management is in it for the short term. Unrealistic deadlines. Bullying. Do not work here.

    Advice to ManagementAdvice

    You are on completely the wrong track. Good employees need to be encouraged and developed, not burned out. The path you are on is unsustainable - if you are in it for the long term. Or even the medium term.

  7.  

    Fair

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

    I have been working at London Stock Exchange

    Pros

    Good brand, good prospects and good compensation

    Cons

    The race to be a world leader may dilute the brand

    Advice to ManagementAdvice

    The race to be a world leader may dilute the brand

    Recommends
  8. 2 people found this helpful  

    Moments of national pride mired by constant low morale

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

    I worked at London Stock Exchange

    Pros

    Pride working on a financial backbone of the UK economy.
    Great on CV - If you can make a go of it here, chances you can do it anywhere.
    Contractors can get good rates

    Cons

    Lack of work ownership and responsibilities leads to little pride in work performed.
    Micromanagement / lack of recognition from management.
    Project indecision.
    Training, even if budget exists, is rarely approved or offered. Be prepared to go solo here.
    New style management want 'Yes' men. Better to be quite and keep your head down.

    Advice to ManagementAdvice

    Regardless of what other managers tell you, morale is still very low on the ground. Give employees in London & Italy a reason to have pride in their work. They are clever people so let them help you by not treating them with impunity and internally acknowledging those that perform well as no one believes every failure is a lowly employees' fault yet every success is a managers brilliant idea.

    Doesn't Recommend
    No opinion of CEO
  9.  

    Best company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Technical Analyst in City of London, England (UK)
    Current Employee - Technical Analyst in City of London, England (UK)

    I have been working at London Stock Exchange

    Pros

    Great people to work with and Good work life balance

    Cons

    Big Management hierarchy in some departments.

    Advice to ManagementAdvice

    ....

    Recommends
    Approves of CEO
  10. 4 people found this helpful  

    Disappointing - the reality belies the brand

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

    I have been working at London Stock Exchange

    Pros

    Colleagues are great, if a little brow-beaten. The proximity to the new shopping centre on cheapside is great - not sure that counts as a plus to LSE though!

    Cons

    Poor management and non-existent leadership, all the way from the top. Lack of understanding of people management or how to develop and maintain morale. Penny pinching is taken to the extreme.

    Advice to ManagementAdvice

    Have a think about how short-term your management is. For instance, cutting costs by simply reducing headcount is not a viable long term answer. Furthermore, sapping morale by expecting too much and giving too little is going to backfire in a huge way if this is not addressed in the very near term. People will vote with their feet!

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Good place to work overall many nice people.

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

    I have been working at London Stock Exchange

    Pros

    Good projects to work on. Interesting times in the industry with consolidation and globalisation accelerating. Opportunities to develop career in this space

    Cons

    Company structure needs review. Often understaffed. Roles sometimes too inflexible. Junior and middle management inadequate and require training/development to lead high performing teams. This last point is the main problem at the LSE

    Advice to ManagementAdvice

    Use more temporary staff as needed to back up permanent teams. Make the staffing decisions earlier in projects. Improve training and selection of junior/middle management - bring in people from management consulting backgrounds to shore up the management skills in the company

    Approves of CEO

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