Thomson Reuters

  www.thomsonreuters.com
  www.thomsonreuters.com

Thomson Reuters Reviews

Updated December 22, 2014
Updated December 22, 2014
2,674 Reviews
3.3
2,674 Reviews
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Thomson Reuters President & CEO James C. Smith
James C. Smith
849 Ratings

Review Highlights

Pros
  • The work-life balance is quite good since they are very flexible with the working hours (in 474 reviews)

  • Flexible timings - You are not forced to spend 9Hrs if no work - you can work from home (in 92 reviews)


Cons
  • Doing this constantly has caused some serious loss of work-life balance as someone who cares (in 47 reviews)

  • But wait, that's not quite enough to keep those senior management bonuses coming (in 86 reviews)

More Highlights

Employee Reviews

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  1. 4 people found this helpful  

    Stay away from this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Lead in Boston, MA
    Former Employee - Team Lead in Boston, MA

    I worked at Thomson Reuters full-time (more than 5 years)

    Pros

    Used to be good company ,

    Cons

    Merge with Reuters was a disaster

    Doesn't Recommend
    Disapproves of CEO
  2. 7 people found this helpful  

    Relatively low stress, but absolutely zero growth potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Attorney Editor
    Current Employee - Attorney Editor

    I have been working at Thomson Reuters full-time (more than 8 years)

    Pros

    Friendly and smart colleagues, moderately flexible schedule, and managers rarely micromanage. OK work-life balance to the extent that you can be in by 9, and out by 5:30 every day.

    Cons

    Where to start? First and foremost, despite corporate rhetoric about supporting employee development, there is zero opportunity for career growth unless you are based in (or desire to move to) NYC or Minnesota. Even if you are genuinely interested in challenging yourself with a new role in the company, if you don't work for one of the divisions arbitrarily defined as "legal solutions", you'll be looked at as deadwood.

    When factoring in average education and experience, pay is abysmal unless you are in sales. After all, why would anyone expect Thomson Reuters to pay top dollar for the creative people who actual make, and update, the products, when they can just spend that money on an annual sales team junket to some warm vacation spot? In addition to pretty stagnant pay, the benefits have fallen precipitously over the past four years. Even financially-neutral perks like being able to "carry over" five days of unused vacation from one year to the next, have been eliminated in the name of "consistency across locations".

    So many functions, departments, and people have been outsourced or offshored in recent years that there remains little accountability for quality in any one place or team. As the old saying goes, when something is everyone's responsibility, it is no one's responsibility.

    Finally, there are constant reorganizations and changes of focus, which only serve to confuse rank-and-file employees every six months (not to mention generating additional fear of layoffs).

    All in all, Thomson Reuters remains a management-heavy bureaucracy, but without any of the perks, pay and benefits that formerly made it an attractive place to work.

    Advice to ManagementAdvice

    First, improve conditions for employees. You can't seriously expect to get the best out of people when you treat them as second-rate automatons.

    Second, craft a coherent growth vision that you can stick with for at least one calendar year.

    Third, appoint senior managers (Presidents, VPs) who have experience in both the geographic market and the content/product area.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Good or bad based on which department you are in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Thomson Reuters

    Pros

    Challenging work, flexible hours, competitive pay

    Cons

    Low ceiling for upward mobility if you aren't in New York or London. Constant layoffs, sometimes whimsical

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Create your own path, but there's nowhere to go

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Architect in New York, NY
    Current Employee - Software Architect in New York, NY

    I have been working at Thomson Reuters full-time (more than 10 years)

    Pros

    Benefits and salary are good and competitive.
    Some fascinating work and challenges.
    Very flexible (maybe too flexible) with telecommunting.

    Cons

    Entire office is being relocated out of state
    Well below critical mass of US employees to achieve a sustainable career
    Continually reinventing the wheel in different business units for issues like distributed workflow, collaboration technologies, content management, diversity issues, offshoring strategy.

    Advice to ManagementAdvice

    You cannot expect a shrinking workforce to continue getting products out the door and also intitiate organizational change. Particularly when organic ideas for change are continually sideswiped by corporate dictates.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Layoffs...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Thomson Reuters full-time (more than 10 years)

    Pros

    Good flexibility and work/life programs.

    Cons

    Layoffs occur every year.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Its great work while you have it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Director in Eagan, MN
    Former Employee - Account Director in Eagan, MN

    I worked at Thomson Reuters full-time (more than 3 years)

    Pros

    Great leave benefits, competitive salary, 401k match.

    Cons

    The bureaucracy to get anything done diminishes morale. I would never complain about my job while there I would complain about what loop holes I had to jump through to get my job done. You can not take your job for granted this is a big company and when cuts need to be made its doesn't matter who you are.

    Advice to ManagementAdvice

    Consider you the impact to customers before corners are cut. I couldn't believe how hard some of our clients had to work to do business with us.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    News team is good; company is all over the map

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Editor in New York, NY
    Former Employee - Financial Editor in New York, NY

    I worked at Thomson Reuters full-time (more than 3 years)

    Pros

    Pay and benefits are good; there are plenty of opportunities to advance and do good journalism.

    Cons

    The competition with Bloomberg has spurred some silly rules about beating BB and these weigh on the quality of work you can do. Also, like most behemoths, senior management is difficult to access or influence.

    Advice to ManagementAdvice

    Stop making acquisitions, decide what businesses you want to really be in, and give employees more latitude to drive their careers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Not bad, little room for growth without substantial tenure....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Support Analyst in Albuquerque, NM
    Current Employee - Applications Support Analyst in Albuquerque, NM

    I have been working at Thomson Reuters full-time (more than an year)

    Pros

    Pay - Compensation in its totality isn't bad, probably around industry average for this area.
    Benefits - Benefits include healthcare and tuition reimbursement
    Paid time off - More time is earned as tenure grows

    Cons

    Don't plan on going anywhere anytime soon, if you get into an entry level position. Hard work, going above and beyond your primary responsibilities will almost always be overlooked in favor of tenured employees (including employees who've left the company and come back) when opportunities for promotion come along. The company is very resume focused, rather than focusing on the work you've proven you can do.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    It depends on the team you are in ...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Software Engineer in New York, NY
    Former Employee - Research Software Engineer in New York, NY

    I worked at Thomson Reuters as a contractor (more than an year)

    Pros

    In my specific case:
    -great work life balance
    -an interesting project to work on
    -a smart team

    Cons

    -the management changed several times and paperwork had to start all over again multiple time
    -50% below market rate salary, no benefits (I was contracting) and the unrealized promise of being hired
    -fast turnaround of talented people (I saw everybody who was smart enough go in a year or two)

    Advice to ManagementAdvice

    Keep the talent in house.

    Doesn't Recommend
    No opinion of CEO
  11. 2 people found this helpful  

    Thomson Reuters has become more political over the last couple of years.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Carrollton, TX
    Current Employee - Manager in Carrollton, TX

    I have been working at Thomson Reuters full-time (more than 5 years)

    Pros

    Depending upon the area you work in and if you're your manager's favorite your work life balance is pretty good. The salary is pretty deceit to start.

    Cons

    There is no room for advancement in most positions since the company has gone through several internal reorganizations. The morale has dropped due to the company's expense savings initiatives which includes raising health care benefit contributions. Too many middle management consensus but no real action is taken for process improvements to improve the work flow.

    Advice to ManagementAdvice

    Listen to your employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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