Markit Reviews | Glassdoor

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Markit Reviews

Updated April 3, 2017
492 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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Markit CEO Lance Uggla
Lance Uggla
271 Ratings

492 Employee Reviews

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Pros
Cons
  • Heavy workload blurs the work life balance (in 13 reviews)

  • Don't see any asians in senior management (in 21 reviews)

More Pros and Cons

  1. Helpful (2)

    "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Bayside, NY
    Former Employee - Vice President in Bayside, NY
    Recommends
    Approves of CEO

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

    Pros

    Collaborative, a lot of movement and opportunity possible.

    Cons

    Project Management team lacked strong leadership.


  2. Helpful (2)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Pricing Analyst in Dallas, TX
    Former Employee - Pricing Analyst in Dallas, TX
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    - Great benefits (gym reimbursement, free lunches, lots of paid leave, frequent team happy hours)
    - Casual dress code
    - Freedom to move around teams
    - Ability to work from home (within reason)

    Cons

    This is very nuanced from team to team.

    - Management is too hands off - there is a severe lack of guidance but lofty expectations
    - Low pay, especially for 50+ hours/week
    - Lots of false promises about promotions and pay raises, but when year end came manager used every excuse in the book (more of a negative for the manager than the company)
    - Lack of communication between management and employees, as well as between teams
    - Open concept office makes it difficult to concentrate

    Advice to Management

    If a team lead has lost 6+ employees in the past 5 years, maybe it's time to rethink whether they are a good leader or not.


  3. Helpful (3)

    "Females beware"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Great products and ideas and most employees are great.

    Cons

    Do not promote women and very political


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (8)

    "Long list of cons"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Markit full-time

    Pros

    Hands down the best colleagues you will ever have.

    Cons

    Markit’s made believe culture of the employee is insulting. It is not about the employee and/or the customer. As with most public firms, it is all about the bottom line. Don’t expect sound decisions or guidance from middle management, their mere existence is to deliver upper management’s orders which are mainly focused on chasing short-term solutions. Markit CEO’s vision was to become the best of the biggest and this is being achieved via acquisitions, very much like forcing a puzzle which pieces don’t really fit together regardless of how hard they try. The new managing directors were either hired from banks or came via the acquisition of their firms. Regardless of how they got here, they prefer to hire and promote their own so if you are not an old friend your chances of getting a directorship are slim. Career development does not exist. HR acts like the three wise monkeys: “see no evil, hear no evil, speak no evil” and don’t bring up an issue because you will be told you are not a team player. Marketing seems to be doing the best job; the external perception of clients and potential hires is that this is a great firm when in fact it is quite dysfunctional and sad.

    Advice to Management

    Listen to customers and to those who deal with your customers. Allow employees to succeed instead of using them until they fail or quit.


  6. "VP Product Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Dallas, TX
    Former Employee - Project Manager in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Perks include casual dress, free lunches.

    Cons

    Poor work/life balance. Poor collaboration between teams.

    Advice to Management

    Operational metrics often fail to reflect client feedback of poor performance.


  7. Helpful (1)

    "Product Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager in Dallas, TX
    Current Employee - Product Manager in Dallas, TX
    Recommends
    Positive Outlook

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

    Pros

    Great Culture and work life balance

    Cons

    Office space is an open concept and makes it hard to concentrate


  8. "So-So"

    Star Star Star Star Star
    Current Employee - Vice President in Dallas, TX
    Current Employee - Vice President in Dallas, TX

    I have been working at Markit (More than 3 years)

    Pros

    Good benefits, free lunch, some nice people (some not).

    Cons

    Below average pay. Just an okay place to work . . . Nothing great, but also nothing terrible.

    Advice to Management

    Too many managers. Make the organization more flat.


  9. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Services Team Lead in Grapevine, TX
    Current Employee - Product Services Team Lead in Grapevine, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Markit full-time (More than 3 years)

    Pros

    -Great work environment
    -Easy to switch teams
    -Company education is always available
    -Encourages job success

    Cons

    -Hard to grow your career
    -Must be there a certain period of time for promotions
    -Many employees move over to the banks


  10. Helpful (4)

    "If offered EDM role...RUN DO NOT WALK!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - EDM Implementation Consultant in Dallas, TX
    Former Employee - EDM Implementation Consultant in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    -Some really cool MDs
    -Casual Dress
    -Decent free lunch
    -Pays gym membership fees

    Cons

    -Beyond low salary
    -Management in EDM is horrible
    -Too much focus on making it 'fun'
    -HR is not helpful and do not back the employee until it's too late
    -Bunch of 20 year olds, so feels like you're babysitting at times
    -Depending on the department, associates are afraid to speak up when their leader is doing a horrible job

    Advice to Management

    If you are truly focus on building the EDM team and that product you may want to think about a few things before you just randomly pick people from the street

    1. Just because someone had a leader-role on their resume, doesn't make them a good leader

    2. Think of the team as a whole! How would this person change the dynamic, for the good, better, indifferent

    3. If an entire team is miserable, maybe re-evaluate the person you put in leadership. It is not a coincidence

    4. Bring in someone who not only understands the product, but can work with people, and not have a Napoleon complex. There are great candidates who can lead better that work in Markit, know the product like the back of their hand, but they were not even offered the position

    5. It's okay to say you made a horrible mistake in hiring leadership, feel free to correct it. DO NO WAIT UNTIL THE ENTIRE TEAM LEAVES MARKIT OR GOES TO ANOTHER DEPT


  11. "Great Opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Short Hills, NJ
    Former Employee - Anonymous Employee in Short Hills, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent client base and place to get experience. Opportunities to grow career for those who are willing to work hard and prove their ability.

    Cons

    Growth comes with a lot of acquisitions so it gets harder to understand the strategy of the firm sometimes. The company is quite top heavy as well so communication through the organization can be diluted.

    Advice to Management

    Try to keep to the roots of being entrepreneurial and empowering employees by giving them authority and autonomy. Cut the fat at all levels including senior levels and invest more in people and building good technology.


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