Thomson Reuters - No room for advancement, low salary, no appreciation for employees | Glassdoor
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There are newer employer reviews for Thomson Reuters

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Helpful (3)

"No room for advancement, low salary, no appreciation for employees"

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

I worked at Thomson Reuters full-time (More than 10 years)

Pros

Pretty decent insurance benefts, but the benefits go downhill each year and the prices always increase.

Cons

Low wages in comparison to other companies, little room for advancement. Once in a position, you are pigeon holed. Sneaky ways of letting go of their veteran employees via layoff or termination when they make too much money or are very close to full retirement age. Rearranging departments to cluster the highest paid and closest to retirement employees so they can eliminate those positons.

Other Employee Reviews for Thomson Reuters

  1. Helpful (1)

    "Sales career in a company past it's prime"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Representative in Eagan, MN
    Current Employee - Sales Representative in Eagan, MN
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great benefits. Great products. Great name recognition.

    Cons

    Sales opportunites in this organizaiton a diminishing at a rapid rate. A very mature market. Customer loyalty has erroded as the desparate grab for more of theri money becomes very evident. Move from books to online has all but been completed and growth has all but stopped. Low priced competitors are becoming more attractive as TR places shareholder return above serving customer. May long term customers are paying more that retail for the plans. New products that are to be the hope of the future ad late to market in a pricing model that will be non sustainable for the long run..
    THey have climbed to the top of the mountain, but are oblivious to the chasm on the other side. Sales mangement has been reduced a bundle of threats, screaming and firing when they don't get what they want. THey have not hit their number in years and it's getting ugly.


  2. Helpful (1)

    "Changing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Thomson Reuters full-time (More than 8 years)

    Pros

    Great products, people, and company values. Not a great deal of competition w/r/t the products they sell to the market place. Young talent rewarded with upward mobility, but not salary incentives.

    Cons

    Technology Organization is in disarray. Company does not pay or develop talent like it used to.

    Advice to Management

    Take talent management seriously


There are newer employer reviews for Thomson Reuters
There are newer employer reviews for Thomson Reuters

See Most Recent

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