Thomson Reuters Reviews
Updated Feb 15, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 717 ratings Employees say it's "OK" |
CEO Rating
Based on 358 ratings
CEO |
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Pros
Pay, Time Off, location, total benefits
Cons
Lack of team enviroment starting from the top down.
Advice to Senior Management
Listen to your people and dont try and make changes that are not neccessary
Pros
work life balance, wide range of products and business
Cons
terrible culture, products on the decline, lack of execution.
Advice to Senior Management
sacrifice revenue in return for market share
Pros
Excellent technical people to work and learn from
Cons
You have to like to roll with a lot of change. Change is constant
Pros
The people immediately around in our office were all exceptional, nice and competent people.
Cons
When it comes to Senior Management, it is all about profits - now. Take a shortcut now to make a dollar now, instead of build and make five times that a year from now.
Budgets can take months to get approved, by people who do not understand what your department does. Mid-level managers must ask for more copy paper. They cannot just order or buy some. It must be approved. That... can take a while.
Glocer, et al stated they were happy with the merger with Reuters and everyone's job was "safe". I believe he stated "You're not going anywhere!" with a big smile.
About one year later, half of our office of several hundred were being laid off. Outsourced overseas.
They knew this would happen. Basically, lied to all of us.
At ThomsonReuters, quality is Job #2. Meeting some arbitrary profit number is Job #1.
Every single year I worked there, the "economy" or "recession" was cited as the reason for annual pay raises that averaged less than 1.5% for our entire 100+ employee division. Yes, even during my 2nd year when (again) we posted RECORD revenues and our 2nd best profits. Raises? Nah. The rumor was that the highest given was 2% and that was less than what was originally promised that employee. Again, bad economy... even though our profits were up.
That is Glocer's TR.
Advice to Senior Management
Decisions made too high up. Top management seems to not trust anyone to make a good decision. Simple, common sense decisions can take weeks and weeks. Therefore, productivity slows, which may end up being the reason they outsource your job. Executive management is clueless as to how much they are slowing employees down.
Pros
Good life/work balance, Not micro-managed, horizon looks good, but will take years to get there
Cons
No one is accountable,Too much change, company does not know if it is Markets or Professional focus.
Pros
Good company for resent college graduates, no pressure environment, casual atmosphere.
Cons
It is became hard to get anything done due to constantly changed environment
and miscommunication between multiple parties
Advice to Senior Management
If I were in position of leadership, I would started to hire top software engineers
and reduced repetitive managers' positions.
The company would get 300% more in return with less amount of developers.
I understand and appreciate freedom and democracy in the working environment,
but a little bit of order and discipline would be helpful.
Pros
Time feasibility
Salary
Good Working Environment
Better Benefits
Cons
Less systematic
low career growth
More work pressure
Advice to Senior Management
NA
Pros
Good culture and better environment for working.
Cons
Leadership foucs has to be more stable.
Advice to Senior Management
Focus on customer
Pros
Employees are friendly and campus well maintained. Professional Division had solid business unit performance and desire to provide excellent customer service
Cons
Too many restructures causing onging issue with leadership consistency, unclear and/or changing business objectives, morale continues to decline
Pros
Good to work
Excellent resources for work
Cons
Salary is too low
Base salary is very low
Advice to Senior Management
Nothing



