Thomson Reuters Reviews

Pros

Finance domain
Brand
Relatively good pay
Team work
Strong Business sometimes
Compared with telecom, a little bit better
Autonomous decision space

Cons

there is no generic commonly agreed method of working, so every team just do what they like.
system is too complicated than necessary

Advice to Senior Management

to unify the method of working across teams and invest in the tools the staff need.
do things after thorough investigation rather than rush into then changing again

Pros

I endorse the company culture.

Cons

revenue is not good in these years.

Advice to Senior Management

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Pros

Strategic thinking, internal growth opportunities

Cons

Often times I take work home with me

Advice to Senior Management

Need more unison between various organizations that are a part of Thomson Reuters

Pros

Great people to work with, friendly environment

Cons

Talent management in the overall office structure

Advice to Senior Management

Allow employee opinions to factor into decisions

Pros

My boss is very flexible when I need to take time off.

Cons

I have worked as an "independent contractor" at this company for 10 months, and they definitely know how to let you know that you're unimportant, unwelcome, and expendable. I work onsite, use company supplies, and am required to work specified hours, yet I am considered an "independent contractor." The company misclassifies some of its workers, in violation of IRS guidelines, in order to save money on benefits. Per the IRS, a true independant contractor has multiple clients, exercises control over how their work is performed, uses their own tools, and is not required to work set hours. Basically, an independent contractor is a plumber or electrician who has their own business, not a full-time office worker.

Not getting paid benefits is bad enough, yet the way I am treated at work is difficult not to take personally. I sit one row over from the team I work with, yet my boss goes months without stopping by to check in on me and the other "independent contractor," and we are excluded from the periodic team events such as birthday celebrations and holiday parties. They celebrate birthdays one row over from us, yet we are required to sit at our desks and continue working while everyone else eats cake and socializes. On a Friday in December, all the other workers besides the two "contractors" left the office for an entire afternoon to go to a restaurant for the holiday party.

This is no way to treat someone who makes contributions to the company.

Advice to Senior Management

Don't misclassify your workers and independent contractors.

Pros

Relaxed environment, company is generous with time off.

Cons

management seems out of touch with employees

Advice to Senior Management

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Pros

Large company with diverse opportunities

Cons

Management is turning Eagan from the HQ of legal to a "site." Purchase of Reuters and subsequent failure of Eikon (rumored to be up to $1B in spend) has driven the org down dramatically and Sr. Mgmt's response is to cut support and services, diminishing client satisfaction, which has large negative effects on retention and pricing power. Consequently, morale is at rock bottom.

Advice to Senior Management

It's not intelligent information, it's high-quality information and software supported by people that customers will pay a premium for.

Pros

Great people, work on real stuff with direct usage from users (not just a small portion). Good amount of responsibility. Decent flexibility.

Cons

Work can easily consume ones life if you leave it. Experience depends on direct manager or group. Not much intra team communication, even though management (executive) keeps trying to push it.

Advice to Senior Management

To much executive changes, too many decisions being made from too high instead of at the base level. More and more a person becomes a number.

Pros

Good company policies
Good work life balance
Work recognition to an extent

Cons

Immediate Senior management has no technical knowledge
Worst politics ever

Advice to Senior Management

Please recruit some techie managements people

Pros

Freedom to pursue your interests, set your own goals and achieve them. Reuters is a recognized name in news that automatically garners respect. There are a lot of opportunities to be transferred to other locations. The company recognizes previous management mistakes and is trying to turn things around.

Cons

The level of technology for employees and for what we sell to clients is not high. I thought the merger with Thomson would raise the level of Reuters technology both internally and for our products, but so far I don't see much evidence of that. This will make it difficult to compete.

Advice to Senior Management

The company recognizes previous management mistakes and is trying to turn things around when it comes to the products we sell for news and financial data. But how much longer will it take for things to improve? And will news be able to survive with the headcount that it currently has? Other businesses, like our legal business or our tax business, make good money, but news seems to be falling behind. All news outlets are struggling to find the new business model for the future. We are too.