Omgeo Reviews

Updated February 19, 2015
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2.9
58 Reviews
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Recommend to a friend
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Paula Sausville Arthus
5 Ratings

Pros
  • I think the best thing about working here is work/life balance (in 22 reviews)

  • Flexible work environment, partly based on the large employee turnover (in 5 reviews)

Cons
  • You can't lock the door to keep senior management inside this chaotic insane asylum (in 6 reviews)

  • career development plan is in placed but never materialize into anything (in 3 reviews)

More Pros and Cons

Employee Reviews

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  1. Helpful (2)

    Great Co-workers, Management Uneven

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

    I have been working at Omgeo full-time (more than 10 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Most people are willing to do whatever is necessary to see the company succeed. Good compensation, decent benefits. Relatively flat management structure, but there's plenty of room for growth if you're a software engineer. Work/life balance is totally dependent upon which group you work in, and what projects you work on. It's fantastic in some groups and completely sucks in others.

    Cons

    Lots of changes since the DTCC acquisition. Can be very political, depending on your department. There are some departments that seem to be shielded from having to perform at the same level as others. Performance evaluation within departments is based on a bell curve; bad news if you're part of a highly performing team. While the company seems to be trying to provide transparency, there have been some serious gaffs in the past couple of months. Overall, people are still concerned about how the DTCC transition will play out in terms of culture. There has been a steady stream of people leaving the company in the past 3-4 months; probably about 50% involuntary.

    Advice to Management

    Listen to your low-level managers. They are closest to the work going on and will tell you what's really happening as opposed to the "Sunny Day" scenario. Weed out the dead wood.

  2. Great work/life balance

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

    I have been working at Omgeo full-time (more than 3 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great work life balance with reasonable pay. People are very professional and easy to work with. Training requirements are standard compared to rest of the industry.

    Cons

    Currently going through transition so job security is very volatile right now. People seem to feel on edge to find out who is next to leave. Benefits are worse now that DTCC has fully acquired Omgeo.

    Advice to Management

    Benefits should not get worse with any company transition.

  3. Helpful (1)

    Overall good, but not without it's frustrations

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

    I have been working at Omgeo full-time (more than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    I think the best thing about working here is work/life balance. They have a very generous work from home policy and are usually pretty flexible when it comes to needing time to run errands, etc. I also find that I am able to influence to some degree how things are done.

    Cons

    Omgeo operates more like a big company than one would think based on its size. This is probably due to the fact that it was a joint venture between two larger companies. Due to this, sometimes it is difficult to get management to move on some things. Another issue I see is that there is seldom a "no" response to projects we are expected to complete and often times employees are over worked. There is a bit of uncertainty with the recent integration with parent company (DTCC).

    Advice to Management

    Management should say no more often to new projects and spend a bit more time evaluating how much you ask of your staff. Often we are trying to balance too many things and then nothing gets the right amount of attention. Things are then implemented just enough to meet the requirements but sometimes are not implemented the right way.

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  5. Helpful (2)

    Uncertain Future

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

    I have been working at Omgeo full-time (more than 5 years)

    Approves of CEO
    Approves of CEO

    Pros

    -Flexible work schedule that supports great work life balance
    -Fantastic people that promote a collaborative, supportive environment
    -Job autonomy to introduce new ideas and put them into action

    Cons

    -The same Omgeo culture that lets you introduce your ideas and put them into action also allows for less motivated individuals to sit back under the radar. Lack of performance is not addressed.
    -Lack of promotion opportunities.
    -Lack of accountability.
    -Confusing product portfolio.
    -With the DTCC 100% acquisition, there is some uncertainty on direction right now.

    Advice to Management

    Stop trying to be everything to everyone; focus the company's mission and ensure all departments are working toward the same goals. Clarify the product portfolio. Align compensation and performance metrics accordingly. Keep the work life balance and opportunities for creativity.

  6. Helpful (2)

    Former Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Programmer in Boston, MA
    Former Employee - Programmer in Boston, MA

    I worked at Omgeo full-time

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

    Pros

    The benefits were good for a company of this size. Flexible work environment, partly based on the large employee turnover. They can't afford to fire anyone.

    Cons

    Management so weak that they would hire management from contract firms to do what they should be doing. Product management appears to be former clerks. They are narrowly focused and have little vision; no leadership capability at all. They have organizational chaos. Executive officer seems to be a revolving door position. Looks like they sign 5 year contracts and then it is time to try again.

    Advice to Management

    Newest in the line of senior management turnover is now in place. A total realignment and organizational overhaul is needed. This meandering outfit needs to define what type of company it is. It is really a technology company, but that isn't clear to anyone. Employees and customers alike.

  7. Helpful (5)

    A near monopoly

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

    I have been working at Omgeo

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Not much competition, so no reason to improve the product.

    Cons

    Boring. They manage to make a product to serve a single client, even if the product makes no sense.

    Advice to Management

    Blow out the cobwebs. Pretend you actually have some competition and upgrade your company. Get rid of the developers and analysts who haven't upgraded their skills since 1985. Don't move someone into a management position if they have no idea how their subordinates do their jobs.

  8. Helpful (4)

    Keep Looking

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

    I worked at Omgeo as a contractor (more than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    It's not hard to code here since nobody here knows how. It's a good place to learn because things happen very slowly here and nobody will notice your inefficient hello world program.

    Cons

    Huge layer of management that does not even manage yet alone know anything about IT. Lack of any change or innovation as everyone is only concerned about getting paid and their extreme lack of expertise does not allow this to happen. Club environment, you're either in or you're out - once again, expertise takes a back seat.

    Advice to Management

    No point because they know what they're doing, just collecting paychecks and nothing more. But the party can't last forever.

  9. Good place to work

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

    I have been working at Omgeo

    Neutral Outlook
    Disapproves of CEO
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexible working hours and opportunities to learn

    Cons

    Lack of consistent process across the company

    Advice to Management

    Be direct and increase engagement of employees

  10. Overall good work environment, but change is coming fast with DTCC buyout

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

    I have been working at Omgeo full-time (more than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Friendly work environment - most co-workers are willing to jump in and help if needed. Relatively small company so easy to see the connection of your role to success of the organization. Work/Life balance is generally good.

    Cons

    Significant changes due to the integration with parent company DTCC - concern that Omgeo's culture will not be maintained. Company is sometimes very slow to move.

    Advice to Management

    Communicate openly about the integration; ensure associates have a voice.

  11. Helpful (1)

    Not a great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Integration Consultant in Boston, MA
    Former Employee - Senior Integration Consultant in Boston, MA

    I worked at Omgeo full-time (more than 3 years)

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

    Pros

    - Bonus and Benefits
    - Work/Life balance

    Cons

    - Poor management
    - Culture of complacency
    - Poor career development
    - Promotions tend to be given to the same people over and over
    - Little to no room for growth

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