Markit

www.markit.com

Markit Reviews

Updated January 27, 2015
Updated January 27, 2015
314 Reviews
3.1
314 Reviews
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Markit CEO lance uggla
lance uggla
169 Ratings

Review Highlights

Pros
  • good work life balance, benefit is ok, working hours are more than reasonable (in 34 reviews)

  • Exploitable working environment (in 18 reviews)


Cons
  • Very poor senior management, no long term strategy other than sell for as much as possible in an IPO (in 17 reviews)

  • Senior/middle management on the most part can be trusted about as far as you could throw them (in 13 reviews)

More Highlights

Employee Reviews

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  1.  

    First job

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

    I worked at Markit

    Pros

    Good place to start career

    Cons

    Not an exciting company or misson

    Recommends
    Positive Outlook
  2. 3 people found this helpful  

    Going downhill slowly in Boulder

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Web Developer in Boulder, CO
    Former Employee - Web Developer in Boulder, CO

    I worked at Markit full-time (more than a year)

    Pros

    The Boulder location got lots of food trucks; mostly reasonable schedule unless a project was on fire; cool side clubs (homebrewers, games, womens forum, etc); the super smart people totally prop up the capabilities; overall everyone is extremely nice and motivated; easy access to Boulder Creek Trail; health benefits etc are very good; reasonable allotment of PTO; working remote was never a hassle.

    Cons

    Absolutely HORRID salaries: the Engineering teams are underpaid by 30-50% for this area; corporate oversight tightening like a noose around everything; glut in middle management – just because someone has tech skills and earns a Senior title, that does NOT make them an effective manager; huge amount of systems that are rarely enforced; projects are sometimes a gigantic mess that takes days to even understand, let alone work on; some of the "perks" such as subsidized gym memberships seem to be put out there very ad-hoc and are poorly administered; company "transparency" in townhall meetings is often backpedaled after the fact; job descriptions are VERY rigid, if you don't conform to the definitions, you will never move up the ranks or see much beyond a paltry 3% jump in compensation.

    Advice to ManagementAdvice

    Quit promoting people to middle-manager roles who have no direct management experience. Stop making promises you can't keep. If the Boulder office is to survive, investments need to be made in technology (many environments stopped working and it was a big to-do to get just a few more production boxes which is a drop in the bucket for such a large company).

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    great firm with growing opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst in Boulder, CO
    Current Employee - Quantitative Analyst in Boulder, CO

    I have been working at Markit full-time (less than a year)

    Pros

    good growing opportunity, good culture

    Cons

    compensation is fair; cheap on travel expense

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Title is inflated, underpaid, mismatched management

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

    I have been working at Markit full-time (more than a year)

    Pros

    Not too bad as a first job out of school. Maybe there are a few smart people you can learn from in your team.

    Cons

    Terrible IT support. the structure of managment is a mess. Not have the right person to lead every project.
    You will be asked to do quite a lot out of normal work time. underpaid in the industry. There are just too many people seating there just do nothing useful.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Analyst

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

    I have been working at Markit full-time (less than a year)

    Pros

    Free lunch, average benefit, nice building+free parking

    Cons

    long working hours for my group, too many unrealistic expectations(based on special projects,volume and etc) considering the pay is slightly below average.

    Advice to ManagementAdvice

    Give it a standard 9-5 job or pay more

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Friendly place but not all it's cracked up to be.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Markit

    Pros

    Friendly people. Laid back atmosphere.

    Cons

    Unless you have expert prior knowledge of how financial markets and systems work, you will struggle to keep up as the training is more hands on and not focused.

    Advice to ManagementAdvice

    When hiring someone from a different industry background, provide more intensive training to make sure they understand the product and industry.

  8.  

    Fast and fun growing company to work for

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

    I have been working at Markit full-time (more than a year)

    Pros

    Strong management, friendly work environment, good benefits.

    Cons

    No free lunch and snacks

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good place to work

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

    I have been working at Markit full-time (less than a year)

    Pros

    Benefits are on par; lunch is catered M-Th; Can't speak for all the groups, but my Mgr has so far been really good; projects are a challenge but help is available; Mentorship pgm; everyone I have seen work really hard; work life balance is good; So far, what I have read and observed is true in that your product group and your Mgr has a big role in the opportunities you get; Mgr really want us to move on to bigger roles within the company and I feel he's facilitating that fairly well

    Cons

    salary is on the low side, but it's acceptable; I think if your tech skills are lacking, then your opportunities within the company will be limited;

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    good company to work

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

    I worked at Markit as a contractor (more than a year)

    Pros

    environment is nice and people are very helpful and upper management is great

    Cons

    politics at mid management level

    Recommends
  11.  

    Decent place to start your financial career

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

    I worked at Markit full-time (more than 3 years)

    Pros

    Relatively laid-back environment; decent pay; good place for someone to start his/her career

    Cons

    Could be difficult to advance your career beyond certain point if you are not under the right manager, but I guess this is true of most companies. Work could get a bit repetitive after a while.

    Recommends
    Neutral Outlook
    Approves of CEO

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