Markit

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Markit Reviews

Updated March 1, 2015
Updated March 1, 2015
321 Reviews
3.1
321 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Markit CEO lance uggla
lance uggla
170 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

Sort: Popular Rating Date
  1.  

    Good company in the center of the financial industry.

    • 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

    Pros

    Great perks, great people, good benefits and competitive pay.

    Cons

    I think the company could do a better job with training and career mobility. They talk about it and have good intentions but the workload doesn't allow much focus on these areas.

    Advice to ManagementAdvice

    Focus less on aggressive timelines to allow room for employees to improve work quality, increase ongoing training, spent time on idea creation, and achieve better work/life balance. Too many valuable employees have left the company recently.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    A bouquet of chaos

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

    I have been working at Markit full-time (more than 5 years)

    Pros

    Mid level colleagues are friendly for the most part, which makes the day-to-day work tolerable.

    There are a lot of moving parts and groups within the structure of the company. This makes for an exciting and challenging work environment. Its a technology company, with a banking feel, but not necessarily the strict rules or long hours.

    Cons

    While the environment is not toxic, it is dysfunctional. The travel policy is atrocious. If your position requires you to travel, it helps to be open-minded and easy-going because nothing about the policy is says "Corporate Travel".

    There are WAY too many managers managing other managers at this company, and no one is held accountable for missed objectives, rogue processes, bugs or data breaches.

    At some point, they are going to realize they have 10 people doing the exact same job for the exact same clients, but because there is a serious lack of communication, and an over-zealous upper management need to acquire companies without truly integrating them, its a problem. The clients will just have to deal with it until the execs grow the balls to resolve the issue...the "if it ain't broke..." mentality.

    Advice to ManagementAdvice

    Metrics based management without micro-managing should be the goal. Some companies have to "trim fat", this one really just needs to trim the bs. Otherwise, this is not a bad company to work for if someone is truly interested in working in the high-tech financial vender space.

    Recommends
    Neutral Outlook
  3.  

    Not great

    • 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

    Pros

    fairly easy job, good health insurance

    Cons

    management does not want to be flexible with you when it comes to a working parent. Bad!

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Good technology company within financial industry

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

    I have been working at Markit full-time (more than 5 years)

    Pros

    fast growing company, tones of opportunity to develop your career, good benefits, 401k matching. bonus is competitive

    Cons

    project timelines are not very realistic, company is focusing heavily offshore. teams are located in too many geographical locations

    Advice to ManagementAdvice

    company can benefit from some consolidation

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    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
  7. 5 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
  8.  

    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
  9. 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
  10.  

    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
  11.  

    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.

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