Markit Reviews | Glassdoor

Markit Reviews

Updated May 18, 2017
490 reviews

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490 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. "Associate"

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

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

    Pros

    Great people to work with, great environment to work in. Compensation is good (probably middle of the road for salary).

    Cons

    No formal training system, just kind of learn on the fly. However, they seem to recognize that there will be growing pains and accommodate it.

    Advice to Management

    Expand work from home opportunities and travel to different offices for more positions, seems like it is a rare thing right now.


  2. Helpful (3)

    "Assistant Vice President"

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

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

    Pros

    Free lunch, good break room amenities, gym reimbursement, good benefits, and you will learn some interesting things around financial services.

    Cons

    Career advancement is slow, pay is low, management needs better training, work life depends on which group you are in ( can work holidays or long hours seasonally), high turnover leaves more work on those who are still there, the kind of work being done out of Dallas in the managed services division is very cumbersome and repetitive leading to burn out.

    Advice to Management

    Find ways to make the work more interesting, take management training, get all lines of business to foster the right culture in the Dallas office, find ways to get people promoted and more involved quicker. Get pay on par with industry and don't factor in the "free" lunch.


  3. Helpful (1)

    "Markit WSO Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Approves of CEO

    I worked at Markit full-time

    Pros

    - Nice office space and building
    - Casual dress
    - Catered lunches/cafeteria in building
    - Decent benefits

    Cons

    - Lots of meetings, but communication problems between and even within teams persisted
    - Unqualified/unneeded managers in some areas; lack of regular team meetings in my particular area led to confusion and frustration for those of us on the 'front line'
    - Management decisions sometimes made with little or no input from the employee(s) that it would directly affect
    - Too much flux in organization processes; employees left guessing from one month/quarter/year to the next as to how or through who something was supposed to be done; org split between software and services a couple of years ago actually made jobs harder (maybe it's better now)
    - Acquiring tools to do job takes way too long
    - Casual, water cooler, open environment was often more of an annoyance than a benefit (even with headsets)

    Advice to Management

    - Focus on career development needs and/or training of employees, not just high-level ideas for any particular group that never seem to trickle down and convert into actual marketable skills
    - Include management training for all prospective team leads and managers
    - Reduce layers of management and/or other barriers to help reduce communcation issues


  4. "Solid company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Markit full-time (More than 5 years)

    Pros

    there's a relaxed atmosphere with very nice people. Solid amount of diversity and some senior folks are strong advocates for diversity and inclusion

    Cons

    The firm doesn't push the envelope as much as it could. Betting capital and time against new technology, innovation, etc...is not terribly common.


  5. "Great company but direction changing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Datacenter Manager in New York, NY
    Current Employee - Datacenter Manager in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Markit full-time (More than 5 years)

    Pros

    Great adopter of technology, a lot of opportunities to move offices with the company, some great people work there. Progressive, excellent supporter of equality in the workplace. Very successful and grown amazing in such a short amount of time.

    Cons

    Sometimes it is difficult to get heard, too much work being farmed abroad to unexperienced staff, NA Staff being pushed out the door and not replaced, beware of the "New York minute", also just merged so futures for many looking insecure.

    Advice to Management

    Once in a while, listen to your staff.


  6. "Sql development"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - SQL Developer in Dallas, TX
    Current Employee - SQL Developer in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Company provides free breakfast and lunch everyday
    Higher management is pretty good
    Lot of chance for growth
    Company outings are good

    Cons

    I haven't seen any negative in the company
    I can suggest anybody to work here
    That's all about the company


  7. Helpful (3)

    "Markit"

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

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

    Pros

    Outstanding benefits, catered lunches, subsidized Gym memberships, casual work environment, open desk environment, friendly work environment, entrepreneurial work environment.

    Cons

    Communication and direction from senior leaders is lacking. Advancement opportunities are scarce and hard to come by at lower levels.

    Advice to Management

    Work closely with juniors to develop skills for career advancement. Revive the mentor-ship program and develop it to the point it can provide value to employees. Right now it stagnant and no one takes it seriously.


  8. Helpful (8)

    "Director"

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

    I have been working at Markit full-time (More than 5 years)

    Pros

    Company which is continually flexible and aiming to grow. Markit has navigated difficult and dynamic markets well and come out stronger than most all the competition. It is one of the best data-oriented vendors in the financial space thanks to this. Markit's share of the space will only continue to grow thanks to its dedication to investment and IT focus. The firm supports good opportunities for movement between teams/locations.

    Cons

    There is a clear divide which senior MDs and Execs maintain between middle-level staff, and again further with Associates and Analysts. This divide has a negative impact on the hardest workers in the company and can be stifling depending on one's manager. You're seeing that the talent the company is recruiting is mediocre, in part due to challenges on upward mobility, and pay structure.

    Advice to Management

    Managers should focus on hiring better/eager on-shore talent and foster an environment that makes them want to stay to building the company. The culture of cost-cutting is showing its toll, and Analysts/VPs are not rewarded well with share ownership in MRKT. Attrition of good staff and retention of weaker staff takes its toll on everyone. Separate the wheat from the chaff, or try to grow more wheat.


  9. Helpful (1)

    "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good talent and overall enjoyable staff
    good experience with various tools
    many areas of finance and IT

    Cons

    weekend work
    aggressive deadlines
    but pros are definitely more than cons


  10. "Great place to work...but definitely not for everyone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Manager was great. Very hands off and trust you will do your work well. Help is always there when needed. You are given an opportunity to do well, it's up to the person to take it. Very high paced so if you don't ask for help then you're probably gonna get lost.

    Management is taking steps to get better, so that is appreciated rather than just talk and no action.

    Cons

    promotion and pay may be slower and lower than market. Not a whole lot to "complain" about.

    Advice to Management

    what's it going to take to make pay more competitive? free lunch is not big enough of an incentive.


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