NASDAQ OMX Group

  business.nasdaq.com
  business.nasdaq.com

NASDAQ OMX Group Reviews

Updated December 9, 2014
Updated December 9, 2014
96 Reviews
3.1
96 Reviews
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NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
62 Ratings

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend (in 7 reviews)

  • Brand recognition, intense work environment, never a dull moment (in 6 reviews)


Cons
  • Some of senior management are not that bright; others are excellent (in 11 reviews)

  • Upper Management have no clue on the business area I worked under (in 5 reviews)

More Highlights

Employee Reviews

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  1. 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
  2. 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 an 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
  3.  

    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
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  5. 1 person 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
  6.  

    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
  7. 7 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
  8. 1 person found this helpful  

    Bumbling company

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

    I worked at NASDAQ OMX Group

    Pros

    Laid back culture, thats about it

    Cons

    Big visions ungrounded in reality

    Advice to ManagementAdvice

    Stop trying to live down Facebook IPO blunder

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    A Great Place to Work, but Don't Get Too Attached!

    • 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

    My colleagues were undoubtedly the best in the industry....dedicated to the company, especially those who had survived acquisitions. Team work, low stress environment among the neighboring colleagues. Everyone collaborated and enjoyed their job, and were dedicated to the clients. Direct supervisors encouraged everyone and your input matters. Benefits and pay were great.

    Cons

    Senior management only seem to care about the bottom line, and seemed to love to let go of people who were in dedicated long-time service to the company. People who were creative, thought out of the box, and worked for their clients day and night were let go and replaced with people just out of college or other colleagues who were not with the company for very long. Clearly this was to save money. Don't get too comfortable, your days will be numbered! Outsourcing is also a favorite hobby of theirs....having cut out whole teams to outsource in other countries.

    Advice to ManagementAdvice

    More appreciation for people with longevity would appreciated. They were there for a long time for a reason. Outsourcing should be a last resort. People were put down or terminated for being dedicated to their clients and always available, but its our dedication that sets us apart. Work on being a great company again..... newsflash, that includes KEEPING your talent, not replacing it.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Terrible management. CEO needs to step-down

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

    I have been working at NASDAQ OMX Group full-time (more than 3 years)

    Pros

    ESPP plan, Brand name, view from the building

    Cons

    This 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 ManagementAdvice

    In 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 3 people found this helpful  

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

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

    I worked at NASDAQ OMX Group full-time (more than 5 years)

    Pros

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

    Cons

    Management 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 ManagementAdvice

    Invest 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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