Thomson Reuters Reviews

Pros

Good place to work. environment,

Cons

changes, org change. CEO should be called Change executive officer

Advice to Senior Management

Concentrate on business and imporving the company not on doing the re-orgs

Pros

Good Benfits, Nice work enviroment, Smart talented people,

Cons

They are always reducing staff clockwork November, December and March of every year.

Advice to Senior Management

Poor stradegy and poor product investments. Eikon product is terrible customers don't like should push Thomson One instead of ex- reuters products which are just terrible, ,to install , support and run.

Pros

-flexible hours
-good amount of vacation
-interesting and challenging work available
-great people to work with
-usually good work/life balance
-truly global workplace

Cons

-zero talent development below middle-management levels
-constant re-orgs and accompanying downsizing = low morale (seems like management has forgotten how to do anything besides re-org, there's at least 1-2 major ones per year lately)
-poor communication and sense of direction from upper management
-compensation is low compared to similar work in similar fields
-most management has been around 10+ years, very set in ways and doesn't seem comfortable communicating about or executing changes
-lots of internal bureaucracy at every level

Advice to Senior Management

Better communication about planned large-scale business changes (quite often it seems they have a "grand vision" for plans, but no details...if you have a dept-wide meeting, you better have details to share!).

Also, GET EXCITED about things...seems like the way management presents any changes are always dour and "we hate to do this but we have to" rather than "hey guys, we are going to work on this really awesome thing". (of course, having really awesome things to announce instead of re-orgs or layoffs would be good, too...)

Pros

- Good working environment
- Salary & benefits OK but not great

Cons

-Senior management is not on the same page as the rest of the organization
- Middle management wears rose colored sun glasses, manages upwards and drinks too much of the Kool Aid
- Churns out too many new products rather than fixing what is broken

Advice to Senior Management

Practice what you preach and listen to what the customers are saying. Fix what is broken and stop trying to cram new products down client's throats. Retain and reward loyal, knowledgeable employees and stop the semi-annual reorgs.

Pros

- not a lot of micromanaging
- good salary and benefit pckg
- allowed to take vacation
- nice office and location

Cons

- internal systems don't work well
- office politics and favouring by management of certain employees
- promotions are usually unfair and given to employees who don't deserve it
- terrible reorganization, utter mess, company is falling apart
- customers have been lost in the reorganization of it becoming Thomson Reuters

Pros

Great home and work life balance
Benefits
Times Square location

Cons

Low raises
Low morale
No company to employee loyalty
Everyone is out for themselves

Pros

The team and assignments were exciting. The benefits were good. The holidays allowed made it a good feeling that you can take almost 25 days off.

Cons

Senior management has serious problems. The pay is low compared to other large companies. Training is only offered to new staff.

Advice to Senior Management

Give space to junior employees to show what they have got to offer. You might be ignoring a real talent without noticing.

Pros

- nice people all around. IT, Operations, Business, Finance and even HR.
- nice work-life balance
- decent, if not great, bonus if you are in the middle rank

Cons

- slow moving business managers
- takes for ever to make decisions
- absolutely no advancement opportunities, unless your boss retires, leaves the company or moves up
- extremely low-technology company working in a high tech financial world. Seriously. Everything is so old and they are so penny pinching.
- If you are looking for training or reward for a project well done or anything like that, you can forget about it. May be they would give you a $100 gift coupon for a project well done, if you are lucky.
- Many of the senior level folks waste lot of money on unnecessary projects that don't serve the strategic purposes.
- I have said this before. Many of the senior level managers lack basic business skills (strategic thinking, financial acumen, etc.) as well as knowledge in current technological trends.

Advice to Senior Management

- Cut the fat in London teams. So bureaucratic and process oriented. They hinder any meaningful work being done.
- provide a clear path for advancement opportunities. Otherwise good people will leave when the market picks up.
- Giving 1/2% or 1% salary raise every year demoralizes people. Shows the company is cheap.
- Fire the bosses who tell their employees that employees should be glad that they have a job.

Pros

Innovative, lots of current technology, there is very positive energy about company and people are very experienced and willing to help

Cons

restructuring is really gets in the way of work
majority of management has been employed 15-20 years, really set in their ways

Advice to Senior Management

less micromanaging, trust people they will do their job, provide more direction while restructuring

Pros

It's a big company Pros are different based on the business units and groups. Good salary, good life and work balance, good autonomy

Cons

Salary increases in the last few years were minimal, lately a lots of company driven employees turnover.