NASDAQ OMX Group Reviews

Updated March 25, 2015
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  1. 1 person found this helpful

    Well, what can I say. Really quite bad.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at NASDAQ OMX Group full-time

    Pros

    Good 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.

    Cons

    Base 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 ManagementAdvice

    Treat 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful

    Not a great place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at NASDAQ OMX Group

    Pros

    Great coworkers, nice travel perks

    Cons

    Not staffed sufficiently, overworked. Not managed well

    Advice to ManagementAdvice

    Fix the broad operational issues

  3. 2 people found this helpful

    A Horrible Place to Work

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

    I worked at NASDAQ OMX Group full-time (more than 10 years)

    Pros

    They do offer free coffee.

    Cons

    What can I say? Who wants to work in a place with no training budget and managers who speak to employees in a condescending and insulting manner. On top of that the office environment in Rockville is terrible and allows for very little privacy while working. In the long run, you are much better off seeking experience elsewhere and many other organizations in the Washington metro region offer better retirement packages.

    Advice to ManagementAdvice

    Consider investing in your employees and treating them with professional respect and courtesy rather than tearing them down in front of others.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful

    Does it get any worse?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales in Chicago, IL
    Former Employee - Sales in Chicago, IL

    I worked at NASDAQ OMX Group full-time (more than a year)

    Pros

    My colleagues were great to work with.

    Cons

    Unfortunately NASDAQ was the worst company I have ever worked for. It starts at the top and ends with the local sales management (specifically in Chicago). They say you're only as strong as your weakest link and it's quite imperative that the sales managers are destroying what could be a great place to work for.

    Advice to ManagementAdvice

    Just because you're NASDAQ doesn't mean your solutions are ready for the market place. If you want to be competitive, invest in product development and the appropriate resources to support those products. Also, it's 2013 and scare tactics to your employees don't work in this day and age. It only isolates you and make people not want to work for your organization.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. Poor leadership at all levels-worked to death

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

    I have been working at NASDAQ OMX Group full-time

    Pros

    Good company name on resume, use it to get out and find a better company to work for, decent health insurance

    Cons

    Poor leadership at all levels, over last few years have consistenly piled on more and more work to the little people. Should be hiring due to more and more work coming in,new contracts being won, instead they are laying people off. They are suppose to be a market for technology and their technology is horrid, look at the day of the Facebook IPO and those issues, that was the tip of the iceberg. Regular workers are fed up and just trying to hang on until they can find something better. The GCS division is incredibly low-staffed, if clients only knew their jaws would drop.

    Advice to ManagementAdvice

    When business is way up in certain areas, and staff are feeling incredibly over-worked, don't ask them to do more with less and lay people off, hire. Take a pay cut like the rest of us

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 2 people found this helpful

    Choose the right department and you could be successful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Director in New York, NY
    Former Employee - Associate Director in New York, NY

    I worked at NASDAQ OMX Group

    Pros

    Interesting and challenging work in a competitive environment and field. If you work in the "right" department, your potential for learning, development and advancement is limitless. Skills and competencies are easily transferable to other financial services firms, particularly those on Wall Street. Flexible schedules are available, and, in some cases, encouraged. There is a diversity of opportunities given the structure of the company so there is something for everyone.

    Cons

    Huge disparities in employee treatment across departments. Some managers promote and reward performance for even mediocre employees; while other managers do little to reward stellar workers. The pay does not keep pace with industry standards.

    Advice to ManagementAdvice

    Ensure that there is more parity in development, advancement and compensation throughout the organization.

    Doesn't Recommend
    Disapproves of CEO
  8. 1 person found this helpful

    NASDAQ: morally bankrupt

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Manager in New York, NY
    Former Employee - Senior Manager in New York, NY

    I worked at NASDAQ OMX Group

    Pros

    potential for stock option appreciation from ruthless and greedy management

    Cons

    No corporate culture, low morale, poor senior management, no respect for individuals

    Advice to ManagementAdvice

    People are an asset; value and develop them

    Doesn't Recommend
    Disapproves of CEO
  9. 2 people found this helpful

    A company in search of a purpose

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

    I worked at NASDAQ OMX Group

    Pros

    Apparently they have a reputation for paying above market - but this wasn't my experience!

    I endorse the focus on driving true business performance with full transparency

    Cons

    This is essentially and organization that doesn't pretend to be motivated by anything other than the profit motive. It has no real purpose, other than to create the infrastructure whereby rich people and companies can make themselves richer. For either new grads who want to change the world or old hacks who no better but still need a purpose - cross this one off your list

    Advice to ManagementAdvice

    Stop focusing on financial engineering to achieve meaningless margin targets and start running your business as it should be run: customers first but also for the true benefits of shareholders and employees. Shareholder value by the way, is built on the twin pillars of long-term financial and business discipline.....not the tyranny of the quarterly EPS increase.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10. 3 people found this helpful

    Overly political and much backstabbing goes around.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Sydney (Australia)
    Former Employee - Business Analyst in Sydney (Australia)

    I worked at NASDAQ OMX Group full-time (more than 3 years)

    Pros

    Before my company was acquired by NASDAQ, It used to be quite fun to work here with all the facilities like free milk, free use of DIY coffee-maker, fussball table and free BBQ every Fridays. There's also no time policy, you come in whenever you like and leave about 8 hours later. Also, mostly no dress-code, so you can come in your t-shirts and jeans

    Cons

    When the takeover occurred, the American corporate system starts to be enforced. It's easy for someone to talk behind somebody else's back. For some reason, the HR is more powerful and has more influence than the directors. Report someone to HR and that person easily gets a warning letter for some minor issues. No empathy at staff's well-being. Weak leadership considering this situation has caused greater turnovers the company has ever seen since its early days.

    Advice to ManagementAdvice

    The start-up spirit is no longer there. Focus not only on training, but on principles, values and integrity. A lot of conversation dissing clients occurred during company meetings and this clearly shows a lot of disrespect towards loyal clients. If the leadership diss clients, it is impossible for employees to show respect or to go extra mile towards clients.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 10 people found this helpful

    Constant Flux

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

    I have been working at NASDAQ OMX Group full-time (more than 10 years)

    Pros

    Competitive pay and benefits. Known name brand. Opportunities to work with intelligent people around the globe. Technology focused CEO.

    Cons

    Insane politics. Top down management. Poor upper management. Sink or swim at the management level. Non-existant HR department. Difficult to attract talent.

    Advice to ManagementAdvice

    Too much time is spent on leaning out the budget. Cut your losses. Stop supporting failure products. Use that overhead to invest in new endeavors. stop changing out middle management. Change out the sr. management.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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