Markit Reviews | Glassdoor

Markit Reviews

Updated October 16, 2017
496 reviews

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3.3
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Markit CEO Lance Uggla
Lance Uggla
273 Ratings

496 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. "Great Company"

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

    I worked at Markit full-time

    Pros

    Amazing Culture, Work Life Balance, Great Team

    Cons

    Driving Distance was too far when i moved


  2. Helpful (2)

    "Low salary, micromanaged organization"

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

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

    Pros

    Free candies, Food trucks, that's it

    Cons

    Started working here as my first job. It was a good 6 months until the things started taking turns. The team was quite new and lacked a lot of future direction and to make matters worse the manager resigned within a year! The team was left with no manager for more than 2 quarters lacking direction, not sure about the goals, no stability and managed by multiple people. And given the merger with IHS nobody knew what would be the next step be with a lot of high profile layoffs from the company. Given all these and with a no one knows why data center migration thing , they even cut bonuses for almost everyone (causing further disappointing layoffs).

    Also, the team I worked in started as one but soon combined with multiple soon changing my work goals and ending up working on things which I never liked and also not hired for in the first place! They also are fond of keeping track of times (when you come and go), keep track of what are you doing on your monitor (like seriously, this even came up in my review!!!! Whereas the only thing I had youtube on was to change songs in between!!!! ) , no team activities, no stocks for employees, no relocation bonuses etc.... the list goes on and thus lost my interest in working here a long time back!

    So if you are interested in working with a low salary, micromanaged group of people lacking real vision, this is the company for you.

    Advice to Management

    Look after some departments where people are micromanaged and raise salaries of employees!

  3. Helpful (6)

    "Big Corporate Structure"

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

    I worked at Markit full-time

    Pros

    Their benefits are good but this is a publicly traded financial services firm and most of the jobs are typical desk jobs.

    Cons

    Not much 360 feedback, no leadership from management, after several acquisitions/mergers the handling of the transition was extremely poor.

    Advice to Management

    Invest more in management leadership skills to be able to communicate better with employees and direct reports. People want to feel a community environment where they feel like they are having a contribution to the success of the company, not just being some office worker in some "cog in the machine."


  4. Helpful (2)

    "Analyst"

    StarStarStarStarStar
    • 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.


  5. "Technology"

    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

    Pros

    Great benefits. Flexible work environment.

    Cons

    Not much of growth. Remote management.


  6. Helpful (1)

    "Strong company"

    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 Markit full-time

    Pros

    Laid back dress code, free lunches, good co-workers.

    Cons

    3 buyouts that caused lots of changes. Open floor plan you can see and hear everything everyone does. Lot of opportunities for advancement were in New York


  7. Helpful (7)

    "Females beware"

    StarStarStarStarStar
    • 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

  8. Helpful (10)

    "Long list of cons"

    StarStarStarStarStar
    • 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.


  9. "VP Product Manager"

    StarStarStarStarStar
    • 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.


  10. Helpful (2)

    "Project Manager"

    StarStarStarStarStar
    • 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.


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