Thomson Reuters Reviews in London, UK Area

Pros

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

Cons

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

Advice to Senior Management

For 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.

Pros

I have alway found Thomson Reuters to be pretty open to flexible working arrangements.

Cons

Management is all over the place and firmly rooted in the US. Pay is benchmarked against the 50th centile and for a long time pay reviews have been stagnant because of weak performance.

Advice to Senior Management

Don't be so greedy.

Pros

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

Cons

Below 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 Management

Engage 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.

Pros

TR is a good, comfortable place to work. People are generally friendly and management supportive. Flexible working hours and good benefits and salary compering to other companies in the industry.

Cons

Although colleagues are friendly there is many of them who stayed with the company for a long time and seem to not care about the job anymore. It is difficult to work with them as a team sometimes and achieve significant progress. Another thing is lack of transparency and communication from the higher management on significant projects.

Advice to Senior Management

Less meetings and more action. Less talking and more doing. Less moaning and more creativity. More long term thinking rather than short term patching the problems and shifting responsibilities to someone else.

Pros

It's a great place to work, great people and a truly global company. The culture is really good, although it is slowly changing more towards the Thomson way of doing things (Reuters was very different).

Cons

Same cons as many other companies, in the current climate we are trying to do more with less which can lead to high expectations with limited resource and some long working hours.

Pros

Recognisable name in the industry
Competitive starting salaries, bonus scheme and decent benefits
Diverse employees, nice mix of people to work with
Ability to try new things if interested and determined
Good social aspect, friendly colleagues

Cons

Difficult to change processes with certain teams, responsibility avoided if possible
Apparent disconnect between profits and salary reviews
Performance reviews and objective systems seem to have no major impact
Product development deadlines appear to be arbitary and rarely met

Advice to Senior Management

Incentivise workforce to excel and take responsibilty for making a great product/service. "Cut the red tape" and recognise areas for efficiency improvements, without hurting service.

Pros

Global opportunities
work-life balance
People people
Openness of management

Cons

never ending organisational changes
performance and pay linkage

Pros

Great Work Life balance.
Great colleagues who have fun and are most often happy to help one another out
Some good products in the industry
Good Brand

Cons

Poor Customer service resulting in many customer complaints
Very slow moving and lots of red tape
Poor pay compared to peers in the industry
Very hard to get promoted as their is lots of favourtism amongst staff
Very few people have deicision making powers
Lots of chopping and changing from management

Advice to Senior Management

Senior Management need to be more in touch with whats going on in the firm both below them and above them. Less favouritism when it come to promotions.

Pros

Great working environment and great support from colleagues.

Cons

Lack of career progression opportunities

Pros

Good work life balance
Collegial atmosphere

Cons

Pay not compared to banking/consulting
Career prospects

Advice to Senior Management

Provide better career opportunities by rotating people in jobs and locations. Have more senior leadership outside NA