Markit Reviews | Glassdoor

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Markit Reviews

Updated March 15, 2017
491 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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Approve of CEO
Markit CEO Lance Uggla
Lance Uggla
270 Ratings

491 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 and culture, which is in danger of changing"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Markit full-time

    Pros

    Smart people, good working environment, great benefits.

    Cons

    Burachrecy level and corporate politics are on the rise


  2. Helpful (4)

    "Big Corporate Structure"

    Star Star Star Star Star
    • 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."


  3. 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.


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  5. "Technology"

    Star Star Star Star Star
    • 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"

    Star Star Star Star Star
    • 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 (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


  8. 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.


  9. "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.


  10. 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.


  11. 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



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