Markit Reviews

Updated July 13, 2015
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351 Employee Reviews

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  1. Retention

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

    I have been working at Markit full-time

    Pros

    Company is young in a lot of areas, providing opportunities at some lower levels.

    Cons

    Compensation and opportunities after a few years.


  2. Helpful (2)

    absolutely awful upper management in the Product Services Department

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Dallas, TX
    Former Employee - Analyst in Dallas, TX

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

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

    Pros

    -relatively young analysts crowd -cool office -decent benefits -catered lunch mon-thurs -casual dress code

    Cons

    -extremely low salaries. Not sure where the 55K analysts salary for Markit came from, but most if not all analysts in the Dallas office had and still have a starting salary of about 32K. -incompetent, lazy, cliquey-y, gossip-y, overall awful upper management in the Product Service department. Only 1 of the 3 managers in the department is willing to do her job, the other 2 are away from their desks gossiping all day. 1 of the managers hooked the department's Director up with her job, which is why she's able to get away with never doing any work- they scratch each others' backs. The managers and the director are constantly openly talk very negatively about each other / the analysts. Most of upper management do no even have a degree in accounting/ finance from a decent university. -Upper management in the Product Services department never take or listen to any suggestions / advice from anyone else except themselves, which are often, if not always, poor decisions. - Upper management in the Product Services department play favoritism and are extremely biased. - because the Product Services department is constantly short-staffed, the department has an extremely unselective hiring process. HR does not perform any type of background checks on the Product Services department's new hires. Virtually everyone who gets selected for interviews get hired. Art / history major? no problem. 3 DWIs? come on in. Online university associates degree? welcome to the Product Services team. -very low chances of advancement

    Advice to Management

    start doing your jobs, listen to your employees, be respectful, stop picking favorites, and for pete's sake- stop gossiping. Many of upper management might want to consider a completely different career path. You are ruining the operations departments in the Dallas office.


  3. API Integration

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

    I worked at Markit

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good learning atmosphere and fast paced

    Cons

    Premeditated career. Career changers should transition in their dream role from day 1.

    Advice to Management

    Give more autonomy to career change hires


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  5. Nice place to work

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

    I have been working at Markit

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    The coworkers are nice and the office is centrally located.

    Cons

    Benefits kind of suck. Only started matching 401K contributions recently.


  6. great learning experience overall! People there are very nice and willing to help

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

    I have been working at Markit

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    They promote work-life balance. Easy to get a retain offer after the summer intern.

    Cons

    Intern tasks are easy and I sometimes ended up with nothing to do.


  7. Director

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Markit

    Pros

    entrepreneurial spirit, most people are smart and hardworking

    Cons

    hedge fund mentality. Quick to cut projects


  8. Good company in the center of the financial industry.

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

    I have been working at Markit

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    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.


  9. Helpful (1)

    A bouquet of chaos

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    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 Management

    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.


  10. Great job to start out and learn

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - WSO Analyst in Dallas, TX
    Current Employee - WSO Analyst in Dallas, TX

    I have been working at Markit full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    The company is well structured and their is a lot of room for growth. It is a great place to gain exposure to the industry. The best part is the relaxed environment and the many benefits.

    Cons

    The work can be a bit mundane even after moving outside of an entry-level position. The compensation is not on par with standards. On many occasions the company and management act on their best interest instead of the employees.

    Advice to Management

    I would advise the management to provide an concrete path to where the employees can grow in the company. Also to take more notice of office morale and find ways to boost it.


  11. Decent place to work, has gotten overly political and bureaucratic and less growth oriented over the past few years.

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

    I worked at Markit (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Salary is decent. Some smart people, many successful products and huge client base. Not a huge demand to work long hours or weekends, so good work-life balance. Many offices all over the world.

    Cons

    Difficult to progress unless you spend most of your energy figuring out who you need to become close with to help you get promoted. Company seems to be satisfied with having very stagnant employees. Not very ambitious culture. Lots of closed door meetings, Very little transparency internally.

    Advice to Management

    Provide more clear ways for employees to advance their careers. If you are promoting transparency in the financial industry you should be transparent internally!



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