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Thomson Reuters
3.3 of 5 76 reviews
www.thomsonreuters.com New York, NY 5000+ Employees
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Thomson Reuters Reviews in London, UK Area

Updated Apr 3, 2013
All Employees Current Employees Only

3.3 76 reviews

                             

62% Approve of the CEO

Thomson Reuters President & CEO James C. Smith

James C. Smith

(13 ratings)

73% of employees recommend this company to a friend
76 employee reviews Back to all reviews
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London, England (UK)

Former Employee – worked at Thomson Reuters as a contractor for more than 3 years

ProsGood Pay as a contractor

ConsLimited involvement due to being a contractor despite holding the role for a number of years
Too much reliance on contractors meaning talent and knowledge lost reguarly

Advice to Senior ManagementHire people for the long term, not to fill gaps

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London, England (UK)

Current Employee – been working at Thomson Reuters full-time for more than 8 years

ProsExcellent Salary
Great global company
Great city locations

ConsNo Talent Management
Lack of direction
Extremely political and skewed to ex Thomson senior leadership

Advice to Senior ManagementNeed to stop so much change in the markets division
Need to have stronger Talent Management programs

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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London, England (UK)

Current Employee – been working at Thomson Reuters full-time for more than 7 years

ProsThere are lots of opportunities to work in great locations as Thomson Reuters is in over 100 countries. The company culture is highly geared towards promoting work-life balance, and parts of the company have great reputations in the market.

ConsThe company is extremely large so it can be difficult to change direction or implement new projects. There has been a distinct lack of accountibility for decision makers, and management does not place enough value on recruiting the best of the best. While the company has great values on paper they do not always translate into the best practices.

Advice to Senior ManagementDo not be afraid to try something new, but test, test, test. It is better to do something right and have a higher chance of success than to rush something to market.

Yes, I would recommend this company to a friend

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Earlsfield, England (UK)

Former Employee – worked at Thomson Reuters full-time

ProsGreat social calendar and collegiate atmosphere

ConsPoor management lacking business nous
Petty politics
Contact Law is unprofitable division of much larger Findlaw business, and wider Thomson Reuters
therefore there is little budget for retaining and developing talent or developing new products at the speed the market demands

Advice to Senior ManagementHire talent externally, quickly, to run this business unit
Outsource inefficient cost base - particularly the casehandler function, retaining limited people in house
Move location to corporate HQ in Canary Wharf to attract (and retain) better talent. Earlsfield is not an attractive place to work for most Londoners

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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London, England (UK)

Former Employee – worked at Thomson Reuters full-time for more than 3 years

ProsUndemanding :-( OK if you are raising a young family, working on a novel or a qualification.

ConsAs a software developer you face an uphill battle getting anything less than 7 years old adopted. Most IT managers do not have a technical background including the CTO. The business folks are wedded to waterfall and PRINCE2

Advice to Senior ManagementSack anyone who has been in the same post for 7 years who cannot demonstrate innovation in the last 12 months.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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London, England (UK)

Current Employee – been working at Thomson Reuters

ProsEnjoyable, fun people, really nice place to work

ConsA lot of weekend work for technical staff

Yes, I would recommend this company to a friend

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2 people found this helpful  

London, England (UK)

Former Employee – worked at Thomson Reuters

ProsGreat work/life balance; nice perks like stock options etc; undemanding; potential for moving to other jobs within the company as you can see the adverts at any rate

Consnot much transparency, ultra bureaucratic, poor managerial culture; big company with not much accountability and no sense that senior management knows what's going on; staff don't seem to be respected or rated much

Advice to Senior Managementget rid of some of the dead wood lower level managers and make it more competitive

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London, England (UK)

Current Employee – been working at Thomson Reuters

ProsGood work-life balance. If you wake up with a steaming hang-over, you can ring in and work from home.

My immediate colleagues are outstanding.

ConsCareer development is based upon kissing up to the boss. You'll only be promoted as long as you play golf with the right people.

Senior managers completely out of touch with the workforce. "Brown bag lunches" are not the solution to the problems of career development.

Zero training. Zero travel.

Poor facilities in high-cost locations.

Below-inflation pay-rises are a pay cut.

Constant state of abject fear and terror due to outsourcing.

Many people have effectively given up, and are waiting for the axe.

Advice to Senior ManagementI really don't think there is a lot I can say here. Every year in the staff survey, the staff tell the management EXACTLY what is wrong. And every year, the company studiously ignores those results. It is said that the EXCOM have a deliberate policy of treating the satff badly; after all, if on-shore staff resign, they don't have to pay them redundancy money when they subsequently off-shore those roles.

No, I would not recommend this company to a friend

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London, England (UK)

Current Employee – been working at Thomson Reuters

ProsFlexible Working hours
Growth Opportunities
Multiple Fields of expertise
Working with experts
Opportunities to change career easily
Multi-cultural and multi-national working

ConsBelow par in comparison to other financial institutions
Too departmentalised
Poor communication between teams
Poor sharing between teams
Too many middle managers
Some people too set in their ways and haven't embraced the merger of Thomson and Reuters (an obvious 'them and us culture')

Advice to Senior ManagementEngage more with the employees (present and future) and find out what they want from the company. Aim to integrate the different parts of the business both in work and outside of work.

Yes, I would recommend this company to a friend

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London, England (UK)

Current Employee – been working at Thomson Reuters

ProsThe work life balance is fantastic.
Working globally provides an abundance of skills and knowledge.
Culture and team cohesion is brilliant.

ConsWith the organisation being such an immense size it is difficult to understand all the activities across the entire organisation.

Advice to Senior ManagementFor a greater employee confidence and understanding of where the business is heading in the future, a clear business strategy needs to be cascaded down the organisation.

Yes, I would recommend this company to a friend

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