London Stock Exchange

www.londonstockexchange.com
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London Stock Exchange Reviews

Updated January 26, 2015
Updated January 26, 2015
16 Reviews
2.5
16 Reviews
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Xavier Rolet
9 Ratings

Employee Reviews

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  1.  

    Good company to gain experience of capital markets

    • 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

    Good for gaining a wide range of experience

    Cons

    Poor management not being tackled by HR

    Recommends
    Positive Outlook
  2.  

    A great introduction to the world of finance.

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

    I have been working at London Stock Exchange as a contractor (less than a year)

    Pros

    The exchange has good values, for example all of the money from fines go to the exchange charitable foundation. The exchange is truly global, with businesses in different areas of finance worldwide. The business seems to be moving in a very good direction, and is moving the right way to becoming the self professed 'most trusted experts in global financial markets.'

    Cons

    I have heard that there are problems with internal recruitment, some very gifted people are not promoted to higher positions within the firm. This seems fairly true as most of the management come from different firms.

    Advice to ManagementAdvice

    There are some social events, but the management could consider some sports teams, or more general activities for people to get involved with.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Margaritas ante porcos

    • 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

    Pros

    Its in the heart of the city and currently has an aggressive expansionist policy. Given the right temprement you could gain some valuable experience.

    There are a few work colleagues that make the experience of work a joy. However it might take some time to cojole it out of the many institutionalised staff.

    Depending on your work ethic you might be able to gain a good work life balance. However there is no clear relationship between your work and the credit or the renumaration you get.

    Cons

    There are some very immature and lazy managers who have either too much ego, are too frightened of change or just are going through the motions so do not help you in your personal development. It seems that the motto of the Exchange is something that managers are not very familiar with.

    The organisation has a inkling to get graduates or to get short term contractors. The former gain valuable experience but are used quite hard while the latter benefit from some exceptional renumaration.

    An aggressive expansionist policy means that you will not get the time to develop a sense of comfort and familiarity in your work. Managers do not try to understand or build healthy working relationships but see you as a tool to accomplish their personal objectives.

    No personal development plan and a very weak appraisal by most managers means that you are not going to develop. My advice is to learn more by yourself and form good working relationships with the numerous departments. Maybe you might be able to instill a healthier cooperative culture to the organisation.

    It is an institution and some of the skills are not very transferable to Banks or funds. Think closely of what you are learning and do some research whether other city firms will value these skills. The managers here just want to keep the machine running, not to develop something better or help people.

    There is no departmental training plans or good procesures. People are relied on to retain knowledge. The general sense was that managers did not want to know of problems and as such tolerate ineffective and lazy staff but should you question policy they will go out of their way to ignore you.

    Your work could be pearls amongst and swine... There is no appreciation so best to learn fast and move on.

    Advice to ManagementAdvice

    When staff are leaving then there is a sure sign of an issue. Take note of the manager and find out whether they are the right person for the group.

    People are not machines. Respect them and work with them to improve the quality of the work environment.

    You cannot create a great work culture by bombarding people with slogans. Just look at North Korea.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    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
  6.  

    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 a 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
  7. 3 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
  8. 3 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 a 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
  9. 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.

  10.  

    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
  11. 3 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

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