NASDAQ OMX Group
3.0 of 5 73 reviews
www.nasdaqomx.com New York, NY 1000 to 5000 Employees

NASDAQ OMX Group Reviews

Updated Jul 9, 2014
All Employees Current Employees Only

3.0 73 reviews

                             

52% Approve of the CEO

NASDAQ OMX Group Chief Executive Officer Bob Greifeld

Bob Greifeld

(46 ratings)

50% of employees recommend this company to a friend
73 Employee Reviews
in

Review Highlights

Pros:
  • "Good benefits including 6% 401(k) match, but no public transportation stipend"
    in 4 reviews
  • "Good benefits, laid back work environment"
    in 3 reviews
Cons:
  • "Some of senior management are not that bright; others are excellent"
    in 10 reviews
  • "Inability to execute - think Facebook IPO"
    in 4 reviews
  • Show more review highlights

Reviews

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    • Senior Management
           
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    • Disapproves of CEO

     

    Well, what can I say. Really quite bad.

    (Current Employee)
    San Francisco, CA

    ProsGood benefits including 6% 401(k) match, but no public transportation stipend. Decent hours, but they are inflexible. Office is in the Financial District and the commute is easy.

    ConsBase salary is too low for San Francisco. The Thomson Reuters acquisition process was a complete disaster...trying to integrate a larger team into a smaller one in the way they tried just didn't work. Trying to integrate the legacy TR and NASDAQ products together isn't working either. Clients are very unhappy and are canceling left and right to go to competitors. Five sales people have left in the past month alone to get off of the sinking ship. Communication between sales and service is so disjointed that management thinks using Excel spreadsheets is the way to go. There are processes in place just for the sake of having a process.

    This company is probably great for you if you are looking to plod along in the same position for 5+ years. Other employees aren't driven and are content with 'stability' over growth. Do not come here if you prefer working in a start-up environment because, contrary to what NASDAQ might tell you, they are not an 'aspiring technology company' and cannot possibly compete with smaller, more nimble competitors.

    Advice to Senior ManagementTreat your employees better. Stop cutting costs at literally every corner and start treating us like it's your employees that make the company. And stop making life for clients difficult just because you can.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Anonymous

    Anonymous Employee (Former Employee)

    ProsHad a wonderful experience working wih peers and management. it was a great experience learning about the working of the stock market and its rules.

    ConsNone that i could think of.

    Advice to Senior ManagementNone.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Terrible management. CEO needs to step-down

    (Current Employee)
    New York, NY

    ProsESPP plan, Brand name, view from the building

    ConsThis company does not believe in investing in its people. Their entire attitude towards their employees is to get the most out of them while giving them the least amount of training, growth opportunity, comp, respect or appreciation. CEO micromanages everything, down to the hiring of analyst level positions. Surrounded by yes men/women who can do nothing to help the staff. Constant fire drills and chaos in the work. Everything has to be done now, at the whim of senior management. Bottom line is everything, people mean nothing.

    Advice to Senior ManagementIn order to grow, you need to invest in your people and infrastructure. Constant cost cutting is not the the way to improve your product and ultimately your bottom line.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Quality work, low recognition, bad judgment, understaffed, management backfighting

    (Current Employee)

    ProsBrand recognition, intense work environment, never a dull moment. Learn a lot on your own.

    ConsPoor management decision making, understaffed, cutting to the bone, overworked, no training. Cost cutters celebrated but the negative impact on quality will be noticed and likely blamed elsewhere. No training. Bottom line is king. The best and brightest not promoted. Favoritism rules. Across the board dissatisfaction and people trying to leave.

    Advice to Senior ManagementFind out what's going on below you. Your decision making is so clouded by cost cutting that you are increasingly jeopardizing quality over low cost. Will have a real impact when the problems become so big it can't be ignored and clients will notice - p.s., they already have....

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Was great for a while then went downhill very rapidly after large acquisition that happened in June '13.

    Managing Director (Former Employee)
    New York, NY

    ProsVery good benefits, base pay, high quality coworkers. Some legacy products are top notch. Good company name to have on your resume.

    ConsManagement in place now with the Thomson acquisition that has absolutely no clue what they are doing. Misstep after misstep from product roll-outs to Facebook IPO, to exchange outage in August '13. CEO will not accept any responsibility (buck does not stop with him), but will quickly place blame on internal technology issues or blame outside factors.

    Constantly in fear of losing your job regardless of your loyalty/tenure or how well you are doing. Employees looking to leave like rats off a sinking ship. Meetings that are typically a complete and utter waste of time. Mandate from CEO is to constantly cut costs and increase margins (like a broken record), but eventually there is no more meat left on the bone to cut. CEO is surrounded by "yes" men/women and if you're liked by executive management you'll have a job forever at Nasdaq.

    VP level on up is too concerned with ladder climbing.Too many fiefdom's that don't communicate well and are all selling into the same accounts which creates confusion for the prospects/clients.

    Advice to Senior ManagementInvest in your people vs giving yourselves raises...training benefits everyone and adds to your bottom line via increased sales. Also, learn to treat your employees with respect vs. treating them like cattle. Remove yourself from your ivory towers and get out with your divisions to better understand their challenges. Last but not least, please stop the old school 'rule by fear' method...it doesn't work to motivate people.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Disapproves of CEO

     

    Interesting.

    Anonymous Employee (Former Employee)
    New York, NY

    ProsTalented people, good salary & benefits, interesting work

    ConsUnderstaffed to the point of always putting out fires; difficult to catch up. Lack of transparency particularly in HR matters. Little to no investment in employee development. Micro-management by CEO and executive team. Management structure very hierarchical. Focused on the numbers and the money with little regard for anything else.

    Advice to Senior ManagementLeave the executive area and get to know your employees. Hold all businesses to the same standards.

    No, I would not recommend this company to a friend

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    Not all that fancy

    Anonymous Employee (Current Employee)

    ProsGood pay. Good location (Rockville, MD)

    ConsNot clear direction. Micro-managed. Tons of meaningless meetings. No clear career path. Unfair treatment.

    No, I would not recommend this company to a friend

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    Not a great place to work

    Anonymous Employee (Current Employee)

    ProsGreat coworkers, nice travel perks

    ConsNot staffed sufficiently, overworked. Not managed well

    Advice to Senior ManagementFix the broad operational issues

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    Old school

    Anonymous Employee (Former Employee)

    ProsGreat salary & benefits.
    Stable, with great long term opportunities.

    ConsInability to execute - think Facebook IPO.
    Micromanagement from the very top.

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    Good.

    Business Analyst (Former Employee)
    Copenhagen (Denmark)

    ProsWork-life balance, international organization, colleagues

    ConsMatrix organization, too bureaucratic, American style leadership

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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