Nasdaq Reviews | Glassdoor

Nasdaq Reviews

Updated July 19, 2017
295 reviews

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Pros
Cons
  • work life balance with support for global clients (in 11 reviews)

  • Shifting priorities at division senior management level (in 19 reviews)

More Pros and Cons

  1. Helpful (11)

    "Horrible company morale and limited career growth"

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

    I worked at Nasdaq (More than 3 years)

    Pros

    If you can stay there more than 4 years, you get some really good stock benefits. Also, they match 6% 401k which is really good.

    Cons

    - Nasdaq is a place for people in leadership roles (VP, SVP, CEO etc). "Regular" employees are replaceable... and you know it.
    - Not a lot of investment into the employee (day-to-day perks vs. long term retirement perks)
    - People work at Nasdaq to build their resume and get a better job somewhere else. Company morale is low because of this. No one actually likes being there (unless you are VP, SVP or higher) but the stock perks are good after 4 years so most people stay for convenience
    - Workflow process changes quarterly
    - Company direction and goals seem to change quarterly

    Advice to Management

    "Because that's the way Nasdaq has always done it" is never the right answer. Be open to change, you're falling behind.


  2. Helpful (10)

    "Shockingly bad"

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

    Pros

    Brand name, good bonuses. Able to take 6am calls from home.

    Cons

    No culture. Old technology. Terrible senior/middle management. Terrible products. Shaky acquisitions. Zero innovation. Offshoring everything to India. Little concept of product development, basic budgeting, or rudimentary technology concepts.

    Entire company is inundated with endless amounts of red tape and paperwork after their Facebook debacle. (all while supposedly switching to Agile Development?)

    It was like being sent back in-time to 1990.

    Their new "next gen" product IR Insight is a complete disaster thanks to the leadership on the project. They spent 3 years and millions of dollars to have a legacy team, build a legacy product, with legacy technology. Nobody is held accountable because the former Reuters employees cover for each other.

    This is a stock-exchange, pretending to be a regular company, pretending to be a technology company.

    Advice to Management

    "Know thyself"

  3. Helpful (3)

    "Not All Departments Are Created Equally."

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    6% 1:1 401k. 10% Salary ESPP @ 15% discount.

    Cons

    Regardless of the fact that many technology departments work together and are required to have overlapping skill sets, Nasdaq would rather retain only individuals they deem necessary to their bottom line or have big mouths. Junior/entry level hires are better off looking elsewhere for similar compensation while actually being allowed to have a life outside of work. Management expects you to work to meet deadlines without any initial input from employees about the fairness or even possibility of attaining such a deadline.

    Advice to Management

    Retaining employees should not revolve around their title. The learning curve for many technology departments is steep regardless of title/position and when a single individual leaves management is slow to replace them. This leads to a greatly skewed work-life balance that is unfair to entry level/junior team members who are not compensated like senior members but expected to pick up a portion of the slack anyway. The result is a constant churn of entry/junior level positions every 2-3 years where a department needs to finally reach critically low levels of resources before management sees it as a problem.


  4. Helpful (3)

    "Not For Seasoned, Professional Sales People"

    StarStarStarStarStar
    Former Employee - Sales Associate in New York, NY
    Former Employee - Sales Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Very comprehensive healthcare plan and other benefits.

    Cons

    Cold-calling culture.
    CRM is awful, as are most company systems.
    Lots of time-wasting processes.
    Almost zero tolerance for clients to make contract language edits.


  5. "Principal"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

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

    Pros

    Provides a fair compensation package

    Cons

    Is a highly cost focused company

    Advice to Management

    Know your employees


  6. "Poor leadership at all levels-worked to death"

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

    I have been working at Nasdaq full-time

    Pros

    Good company name on resume, use it to get out and find a better company to work for, decent health insurance

    Cons

    Poor leadership at all levels, over last few years have consistenly piled on more and more work to the little people. Should be hiring due to more and more work coming in,new contracts being won, instead they are laying people off. They are suppose to be a market for technology and their technology is horrid, look at the day of the Facebook IPO and those issues, that was the tip of the iceberg. Regular workers are fed up and just trying to hang on until they can find something better. The GCS division is incredibly low-staffed, if clients only knew their jaws would drop.

    Advice to Management

    When business is way up in certain areas, and staff are feeling incredibly over-worked, don't ask them to do more with less and lay people off, hire. Take a pay cut like the rest of us


  7. Helpful (2)

    "Very unorganized with clueless and reactionary management."

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

    I worked at Nasdaq full-time

    Pros

    Local team was great to work with.

    Cons

    Management is more concerned with reactionary cost cutting and saving their own jobs than they are with the effect it will create down the road. There are a lot of faceless names calling the shots with out even stepping foot in the door to find out what the issue are and how to fix them.

    Advice to Management

    If you keep cut down to the bone, you will have no muscle to flex your strength. Treat your employees like they matter to the company and not just a number on a spreadsheet

  8. Helpful (3)

    "Terrible"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales MMC
    Former Employee - Sales MMC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    None I can think of.

    Cons

    Old technology used.
    Old methods of doing business.
    CEO has major impact on all areas and fires high value, high paid staff to reduce costs and increase that all important margin.
    Upper Management have no clue on the business area I worked under.

    Advice to Management

    Leave and let someone more able take over.
    Don't fire high value staff, allow them to grow and help the business move forward.


  9. Helpful (2)

    "Forget about flexible working."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stockholm, Stockholm (Sweden)
    Current Employee - Anonymous Employee in Stockholm, Stockholm (Sweden)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Nasdaq full-time

    Pros

    Nasdaq is a technology focused company and focuses to implement and maintain cutting-edge solutions, so if you like working with the latest technology, then some projects can be intresting..

    Cons

    Are a supporter of workshifting and the future of work? Do you believe that social media is no longer just a leisure activity but a big part of how companies are doing business and raising brand awareness? Do you believe that flex time is becoming more common, that if employees need to come into work later, or work from home on Fridays, they can. Do you appreciate companies that are recognizing your work and completing tasks on time are more important than meeting your 8-hour mark each day?

    Then Nasdaq is not the company for you.

    I found it very hard to maintain a working work/life balance, being used to perform certain personal task to keep up with day-to-day family issues, like having a shared personal calender in Google calendar, or communicate with my wife with Gmail.

    Nasdaq is using webfiltering to censor particular content Categories.
    Personal mail is not allowed, so access to mail providers like gmail.com, hotmail.com, outlook.com and Office 365 are blocked.

    Certain Personal Cloud storage providers are not blocked, however, bandwith are throttled, so access to sites like Dropbox is going painfully slow, making it useless. Among the categories and content blocked are Sex Education, Social Networking (Facebook is whitelisted), Chat (IM), Email, Gamling, Games, Abortion, Dating, Weapons.

    The company doesn't not encourague homeworking and criticize people not showing 100% facetime, not recognising family and caring responsibilites.

    There's a lot of internal politics hindering a dynamic and progressive work environment and managers tend to micromanage you.

    There are two types of career advancement: Progression (Moving to another job at the same or lower level) and Promotion (Moving to a job at a higher career level)
    Successfully meeting the skills and requirements for a career level does not necessarily entitle to a promotion. There must be either an open position, or the role’s depth and impact has had to increase in scope. The department must have a need and requirement for a higher level role.

    All workspaces are typically located in the open landscape and there's a fitness center with a gym that can be used free of charge. (classes cost money)

    Advice to Management

    Middle management need to practice company values. Senior Management need to open up for the future way of working.


  10. Helpful (4)

    "Represents everything that has gone wrong with the corporate world"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Stockholm, Stockholm (Sweden)
    Current Employee - Associate in Stockholm, Stockholm (Sweden)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Some colleagues are nice and motivated, benefits offered are not bad.
    Work-life balance is good for financial services sector.
    The food in the canteen is decent.

    Cons

    Do you remember the film Office Space? Well, here is a place you can re-live it.

    LACK OF TEAMWORK: The culture is non-existent, people don't collaborate, don't share information. Everyone plays for themselves - team is an strange word in this company. Information is power is what I have been told.
    LACK OF SKILL: Middle-managers are lazy and totally uninterested in any development of those who report to them. People don't read and/or answer their emails, seriously.
    LACK OF MONEY (or just being stingy?):Everything is about saving costs. This results into staying in shabby hotels when travelling, unsubsidized cantine, having to use outdated technology...and slowly but surely decline in talent and performance....so sad.

    Of course there are teams that handle this better than others...

    Advice to Management

    1. Please create a company culture - I know you tried, but failed.
    2. Instead invest in your people, systems and the environment.
    3. Stop trying to save cost - it gets a bit embarrassing.


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