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CME Group Reviews

Updated October 30, 2017
43 reviews

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CME Group Chairman and CEO Terry Duffy
Terry Duffy
7 Ratings

43 Employee Reviews

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Pros
Cons
  • Poor work/ life balance and challenging upward mobility (in 17 reviews)

  • Senior Management does not walk the walk that they preach (in 20 reviews)

More Pros and Cons

  1. Helpful (2)

    "Former Trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CME Group full-time (More than 8 years)

    Pros

    Opportunity for success is now minimal

    Cons

    Computers have taking over for humans

    Advice to Management

    No chance


  2. Helpful (9)

    "Excellent place to work - if you are in Bangalore"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Chicago, IL
    Current Employee - Director in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CME Group full-time (More than 8 years)

    Pros

    Compensation is on par with industry. Good business model since most of the revenue is fee based with minimum risk.

    Cons

    Bangalore is the only office which is growing. Employees are slowly being let go from NYC office. This is being done one or two at a time to keep it under the radar. All the values and principles of the firm are only on paper. In practice there is rampant corruption (especially in technology vendors), favoritism and red tape. Dissenting viewpoints though encouraged in training and meetings are your way out of the firm in practice.

    Promotions are not based on merit but on who you know,

    Advice to Management

    Management know exactly what it's doing. They are getting rid of US employees and growing the Bangalore office.

    CME Group Response

    Oct 16, 2017 – CME Group Careers Lead

    We appreciate you taking the time to share your review. While we don’t share your observations, we take your feedback seriously and encourage you to reach out to Human Resources at... More

  3. Helpful (3)

    "Bland"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CME Group full-time

    Pros

    CME is a US based central counter party.

    Cons

    CME is a slow moving organization.


  4. Helpful (19)

    "Political and incompetent IT management team."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Chicago, IL
    Current Employee - Senior Software Engineer in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CME Group full-time (More than 5 years)

    Pros

    Excellent Health care Benefits. Great WFH policy if you work for a descent manager. Lots of Smart people get hired from intern programs. It's a good place to get a handle on financial technologies

    Cons

    The most political and completely out of touch of technology organization led by clueless and delusional leaders at the top. everyone is afraid to speak their mind as folks who have in the past 3 years get pushed out. The technology leaders "vision" is a joke. Its simply this, outsource everything and let someone else deal with the consequences later. Technology is slowww and "new" ideas other companies did 6-10 years ago. No way to get ahead unless you are great at pretending these guys are awesome or you grew up in India. Women and minorities are basically nonexistent in IT at manager levels and above. Wouldn't have brought it up but They consistently talk diversity but that's just to pretend it exists

    Advice to Management

    None, they know everything so they don't care anyway. HR sends surveys to only a subset of employees now, stop pretending it's getting better by hand picking who you get feedback from. The results were awful since 2014. Stop pretending and sending fake happy notes.

    CME Group Response

    Apr 13, 2017 – CME Group Careers Lead

    We’re sorry to hear you’re feeling this way. That’s not the IT organization we’ve come to know and many of your observations do not reflect the experiences of the majority of our employees. Our... More


  5. Helpful (6)

    "FRS Department Needs Major help"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Auditor/Examiner/Administrative in Chicago, IL
    Former Employee - Auditor/Examiner/Administrative in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at CME Group full-time (More than 3 years)

    Pros

    PTO Days

    Work life balance

    Benefits

    There are a couple really nice directors that are patient and funny and helped me learn my job

    Cons

    Toxic department

    Constant turnover, over 13 last year left

    This department is very toxic, highly corporate with the examiners/auditors constantly quitting and management doesn't seem to care, they just get someone else out of school to underpay and take their place.

    Highly clicky and gossipy and immature

    They are beholden to their shareholders and will put that above anything.

    As I saw in someone else's recent review their is one director that is very mean and has made people cry and some quit.

    I had to do a variety of things not in my job description, not even close to what is reasonable

    My coworker was picked on and pushed out because people didn't seem to like her even though she was nice just didn't fit in to their ideals. And was in a group that did not want her to succeed

    No flexibility in work hours or time off to go to appointments (unless your management)

    Very old school

    Advice to Management

    I don't even know where to start so I won't.

    For people interviewing there ask about their staff turnover and why it's so high.

    CME Group Response

    Apr 13, 2017 – CME Group Careers Lead

    We appreciate your feedback. While we wish that you had a better experience working with us, we hope that while you were here you shared any concerns you had through one of the many venues we provide... More


  6. Helpful (13)

    "Unimpressive Sr. Management and Many Incompetent Employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at CME Group full-time (More than 5 years)

    Pros

    Great business model that is highly profitable - hard for the under-performers (and there are many of them) to screw things up

    Cons

    Company/management seems to value industry knowledge versus competency. Few folks are held accountable to actually get things done and when initiatives fail, which they often times do, the leaders who were on the hook to deliver are given more responsibility and get to fail on even larger initiatives. If this company had to actually work to make money they would be out of business quickly.

    Advice to Management

    Unlikely that they would listen as they think they know it all.

    CME Group Response

    Mar 15, 2017 – CME Group Careers Lead

    We appreciate your feedback, and are sorry to hear you had a negative experience. While we wish you had a different, more positive experience, we are happy to report that this is not a common theme... More


  7. Helpful (8)

    "Office Space Software Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Engineer in Chicago, IL
    Current Employee - Software Engineer in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at CME Group full-time (More than a year)

    Pros

    Nobody bothers you. A lot of vacation days.

    Cons

    Off-shoring of jobs. Endless bureaucracy and meetings. Security concerns make everything painful. Spend more time configuring files than writing actual code.

    CME Group Response

    Mar 15, 2017 – CME Group Careers Lead

    Thanks for your feedback. We often take the pulse of employees through engagement surveys, and hear your concerns. That’s why reducing bureaucracy is a focus across our company. From... More

  8. Helpful (2)

    "Senior Market Reporter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Market Reporter in Chicago, IL
    Former Employee - Senior Market Reporter in Chicago, IL
    Doesn't Recommend

    I worked at CME Group (More than 10 years)

    Pros

    Great health and dental coverage. No overtime.

    Cons

    If you make an error, they hold it against you.


  9. Helpful (2)

    "Pricing and Valuation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    I have been working at CME Group (Less than a year)

    Pros

    Good working hours. Nice office

    Cons

    Cheap labors. No benefits and low salary for contractors


  10. Helpful (22)

    "From love it to hate it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Chicago, IL
    Former Employee - Senior Software Engineer in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CME Group full-time (More than 5 years)

    Pros

    benefits, pto, former management , work from home arrangements, insurance plans

    All these cannot cover obnoxious way they treated loyal people.

    Cons

    Leadership is gone
    Quality people are gone
    0 investment in educated experienced loyal employees , cut cut cut expenses and move move move to India.

    Stay away, it is a sinking boat, although too big to fail.

    Advice to Management

    CME used to be a great place to work, to learn, to meat high quality people.

    CME used to be the coolest place to work in Chicago, it was a symbol of Chicago and USA.

    Very sad to see what you guys did to the company.


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