Euromonitor Reviews | Glassdoor

Euromonitor Reviews

Updated October 16, 2017
251 reviews

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3.3
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Tim Kitchin
90 Ratings

251 Employee Reviews

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Pros
Cons
  • Career progression is quite slow, not clear (in 16 reviews)

  • Similar positions in other companies tend to offer notably more in terms of compensation (albeit have worse work-life balance) (in 7 reviews)

More Pros and Cons

  1. "Fun and Interesting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Sales Executive in Chicago, IL
    Current Employee - Senior Sales Executive in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A great place to start a career and advance, while also challenging and different from day to day. A new(ish) career path with some details still to be worked out looks promising and the people are interesting. Work life balance is excellent.

    Cons

    Some team managers seem out of the loop and averse to change. Sometimes the company feels to HQ-centric.

    Advice to Management

    Follow through on initiatives and involve more people in planning them where possible. Retrain or move on from older managers who don't seem willing to change.


  2. Helpful (1)

    "Euromonitor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Euromonitor full-time

    Pros

    Camaraderie, fun work environment, a growing company

    Cons

    With company headquarters in London sometimes felt that London staff heard about news before other offices.

    Advice to Management

    Have senior management provide semi-annual or quarterly updates to offices through video or webinar format. Invest in videoconferencing technology.

  3. Helpful (1)

    "Business Development - Average Experience"

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

    I have been working at Euromonitor full-time (Less than a year)

    Pros

    -Flexible work hours
    -Vacation time (20 days to start)
    -Intelligent, friendly colleagues
    -Access to many clients in different industries

    Cons

    -Useless trainings and meetings that are an utter waste of time
    -Long sales cycles (although it can be very rewarding when a deal comes through)
    -Many metrics cannot be overcome with poor territories.
    -Industry coverage isn't equal (CPG, Beauty and Personal Care coverage much more granular than automotive/pet care)
    -Client renewal rates are decreasing as product often is deemed not valuable for the cost.
    -Technology is WAY behind the times as companies become more data fluent (i.e. doesn't work with APIs, machine learning, etc.)
    -Career opportunities and progression limited
    -A lot of "controllable metrics" are now focused on things like # of dials, deteriorating actual quality of support to clients.
    -Low-to-Average salary and constantly changing commission structure
    -Colleagues constantly leaving because of the issues (I've seen at least 10 members on my team leave within the past year, not counting other teams. Many vacancies remain open).
    -Clients often question our methodology (and not in a good way)

    Advice to Management

    -Success blinded by misguided metrics, makes Euromonitor seem less like a partner to clients and more like a "sales-y" auto dealer.
    -Need to upgrade technology so clients can access data in a more efficient way.
    -Need to cover industries equally, or not cover them at all. It's a disservice to our clients in lesser researched industries.
    -Have to look at your turnover rate and ask "Why is this happening?" People are burnt out, turned off by the metrics and often unrealistic quotas (based on territory), and plain bored. Not to mention that the compensation doesn't make up for it.

    The one part of this business that I do feel is successful and valuable is the Consulting team - Bravo to them for delivering some of the most quality deliverables I've ever seen.

    I would not recommend Euromonitor to any job seekers until they fix their flaws.


  4. Helpful (6)

    "Love/Hate relationship - most people feel this way"

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

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

    Pros

    Fun co-workers, easy access to leadership if you're smart and have good ideas, fantastic access to top companies early on (if you have a good territory). It could be an awesome place if not for inexperienced management. Work/life balance is great for sales. Terrible for researchers.

    Cons

    Morale is low low low in sales, syndicated research and consulting research. The problem is wholly with management and starts at the top. The founders and CEO are stubbornly anti-innovation. They're stingy about investing in the company's future and they are stuck in the past. ALLL of senior leadership and even middle managers are hired from within. Most of them have worked there since they were 22 and have no outside experience. One of their favorite things to say is, "we've tried hiring managers from outside, but it just doesn't work." That is such a red flag... Plus, compensation is low across the board so retention of good talent is difficult. They haven't figured out that proper compensation is the key to success. Lots of recent changes to comp structures have complicated things, made it so part of your commission isn't paid to you until the end of the year (in order to improve retention) and have done nothing to propel growth. There is definitely a ceiling to how much money they will let you make so career trajectory is not promising.

    Advice to Management

    There is WAY too much focus on tenure instead of fresh ideas. Managers are often complacent and don't want to rock the boat because they are "lifers" and that's what has always worked for them. Also, make some swift, sharp decisions in sales: reduce the number of sales people, increase their compensation so you can actually attract experienced go-getters, and get rid of territories that have nothing to do with our core capabilities. It's inexplicable to me why you'd increase the headcount in sales when people aren't achieving target to begin with. You're scaring away our top talent and the grumbling among your employees is incessant. Most of the sales managers just need to be shifted to other roles or let go. Hire sales managers with experience as managers.


  5. "Great culture, Great people, high pressure metrics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Euromonitor full-time

    Pros

    If you are looking for a company full of passionate people who are collaborative and creative, this could very well be the company for you. I worked with some of the smartest colleagues, clients, and people that I have ever met.

    Cons

    While every team is different, the management style I experience can lead to a toxic working environment. I think that leadership can often be blinded by metrics when they should be looking deeper at value driven by employees.


  6. "Good place to start your career"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    A lot of autonomy
    Young company
    Fun environment
    Opportunities for growth as company expands

    Cons

    Poor workalike balance (depends on dept)
    Somewhat sub-par compensation


  7. "market research analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Euromonitor part-time

    Pros

    great team and nice pay, it's a good starting point

    Cons

    the industries of its clients are limited

  8. Helpful (4)

    "Bad sales job. Many territories yield very little commissions, if at all"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales and Business Development Representative in Chicago, IL
    Former Employee - Sales and Business Development Representative in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Euromonitor full-time (More than a year)

    Pros

    Very relaxed environment, very accessible management, flexible hours, inexpensive health care costs, 20 days of vacation per year (can be used right away), unlimited sick time, generous with holidays (usually get out at 3pm the Friday before a long weekend), people are very friendly, people from all over the world work in the Chicago office, summer/Christmas parties were nice

    Cons

    Company not equally committed to all of the industries they purport to cover, quotas are high (even for unproven territories), disorganized research teams (spread across different global offices, making it sometimes hard to communicate), sales trainings are mostly basic. It's feast or famine depending on your territory and those industries' general interest in market research in the first place, and it takes a year to have a good chance of making money (though many never make more than their base salary the first year or two before they quit or get fired). I never made meaningful money here despite consistent success at other sales jobs. Many of the sales people tend to be people that are nursing a second/lesser income from their significant other's primary. IT is also not given the tools to help the company succeed and the infrastructure is a mess. Senior management (mostly from the United Kingdom) make their political opinions very clear and they do so in company meetings, which I found unprofessional. Company is stingy with funds for outings

    Advice to Management

    Quotas are too high for most industries, get rid of open seating policy, readjust territories, mix growth/new responsibilities for fledgling verticals so new rep can work renewals alongside new business (gain experience and get some early wins)


  9. Helpful (5)

    "Enjoyable people, but tough place to grow for long"

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

    I worked at Euromonitor full-time (More than a year)

    Pros

    Industry-standard commission rates, good holiday benefits, opportunity to work with high-level employees at the world's largest and most powerful companies.

    Cons

    Unrealistic sales expectations from management lead to chronic under-performance by nearly all new reps. In short:

    Low sales performance --> low payout --> low job satisfaction --> high sales staff churn rates --> reduction in client service quality --> diminished client perception of Euromonitor as a business partner --> difficult environment for sales reps to find wins --> low payout, so on and so forth.

    For fancying itself a young and agile firm, Euromonitor is surprisingly antiquated when it comes to modern workplace norms: No work from home policy for most, an average maternity leave program at best, and an ongoing adherence to traditional reward programs and commission schemes that seem to foster negativity rather than inspire productivity.

    Advice to Management

    Modernize your workplace norms. Hire a cleaning staff for the office. Use sales data to improve your own internal forecasts. Encourage multi-year/long-term commitment from staff by investing in your people for the long-term. Hire talent out of some of the best universities in the world located in your home cities.


  10. Helpful (3)

    "Great location, great people, but going in the wrong direction"

    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
    Disapproves of CEO

    I worked at Euromonitor full-time (More than a year)

    Pros

    friendly coworkers, beautiful office overlooking lake Michigan, opportunities for advancement, self- directed work style, good benefits, fun international culture, opportunities for travel, enjoyable parties

    Cons

    different departments have distinct goals and often get in each other's way or just create inefficiencies, too much focus on rapid growth and increasing sales at all costs while neglecting core products

    Advice to Management

    different departments have distinct goals and often get in each other's way or just create inefficiencies, too much focus on rapid growth and increasing sales at all costs while neglecting core products...


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