NASDAQ OMX Group Reviews

Updated September 25, 2014
Updated September 25, 2014
88 Reviews
3.1
88 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
56 Ratings

Review Highlights

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

  • Inability to execute - think Facebook IPO (in 4 reviews)

More Highlights

Employee Reviews

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  1.  

    Anonymous

    • 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 for more than 5 years

    Pros

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

    Cons

    None that i could think of.

    Advice to ManagementAdvice

    None.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

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

    • 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 as a contractor for less than a year

    Pros

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

    Cons

    Poor 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 ManagementAdvice

    Find 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....

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 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 for 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
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  5. 2 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 for 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
  6.  

    Interesting.

    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at NASDAQ OMX Group full-time

    Pros

    Talented people, good salary & benefits, interesting work

    Cons

    Understaffed 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 ManagementAdvice

    Leave the executive area and get to know your employees. Hold all businesses to the same standards.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Not all that fancy

    • 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 pay. Good location (Rockville, MD)

    Cons

    Not clear direction. Micro-managed. Tons of meaningless meetings. No clear career path. Unfair treatment.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    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
  9.  

    Old school

    • 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

    Pros

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

    Cons

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

    Disapproves of CEO
  10.  

    Great internship experience

    Former Employee - Intern  in  New York, NY
    Former Employee - Intern in New York, NY

    I worked at NASDAQ OMX Group as an intern for less than a year

    Pros

    People were very nice and always willing to help with understanding of topic at hand. The work was very interesting.

    Cons

    I sometimes had to ask for work to do. Very tight-knit company - everybody has their own role to do.

    Recommends
    Approves of CEO
  11.  

    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

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