NASDAQ OMX Group

  www.nasdaqomx.com
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NASDAQ OMX Group Reviews

Updated May 08, 2014
All Employees Current Employees Only

3.0 73 reviews

52% Approve of the CEO

NASDAQ OMX Group Chief Executive Officer Bob Greifeld

Bob Greifeld

(46 ratings)

50% of employees recommend this company to a friend

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend(in 4 reviews)

  • Brand recognition, intense work environment, never a dull moment(in 4 reviews)


Cons
  • Some of senior management are not that bright; others are excellent(in 10 reviews)

  • Inability to execute - think Facebook IPO(in 4 reviews)

10 Employee Reviews Back to all reviews
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in
    • Culture & Values
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    • No Opinion of CEO

     

    Terrible

    Sales MMC (Former Employee)

    ProsNone I can think of.

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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
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    • No Opinion of CEO

     

    Lean Business Model

    Anonymous Employee (Current Employee)

    ProsThe compensation and bonus is generous.

    ConsManagement has a very poor "lean" business model in place for their workforce. Employees feel overworked, pressured, stressed and resentful. I don't have much faith in upper management and their decision-making or goals for future growth. Cost savings on workforce will end up costing the business in other ways in the long run.

    Advice to Senior ManagementTry back-filling positions when people leave the company, instead of dumping the extra work onto the people who stick around. A company is not just desks and computers- it's people. The best talent won't stick around if this pattern continues.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Comp & Benefits
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    • Disapproves of CEO

     

    Very unorganized with clueless and reactionary management.

    (Former Employee)

    ProsLocal team was great to work with.

    ConsManagement 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 Senior ManagementIf 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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Well, what can I say. Really quite bad.

    (Current Employee) San Francisco, CA (US)

    ProsGood benefits including 6% 401(k) match, but no public transportation stipend. Decent hours, but they are inflexible. Office is in the Financial District and the commute is easy.

    ConsBase salary is too low for San Francisco. The Thomson Reuters acquisition process was a complete disaster...trying to integrate a larger team into a smaller one in the way they tried just didn't work. Trying to integrate the legacy TR and NASDAQ products together isn't working either. Clients are very unhappy and are canceling left and right to go to competitors. Five sales people have left in the past month alone to get off of the sinking ship. Communication between sales and service is so disjointed that management thinks using Excel spreadsheets is the way to go. There are processes in place just for the sake of having a process.

    This company is probably great for you if you are looking to plod along in the same position for 5+ years. Other employees aren't driven and are content with 'stability' over growth. Do not come here if you prefer working in a start-up environment because, contrary to what NASDAQ might tell you, they are not an 'aspiring technology company' and cannot possibly compete with smaller, more nimble competitors.

    Advice to Senior ManagementTreat your employees better. Stop cutting costs at literally every corner and start treating us like it's your employees that make the company. And stop making life for clients difficult just because you can.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Not a great place to work

    Anonymous Employee (Current Employee)

    ProsGreat coworkers, nice travel perks

    ConsNot staffed sufficiently, overworked. Not managed well

    Advice to Senior ManagementFix the broad operational issues

    • Culture & Values
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    • Disapproves of CEO

    1 person found this helpful  

    A Horrible Place to Work

    Anonymous Employee (Former Employee)

    ProsThey do offer free coffee.

    ConsWhat can I say? Who wants to work in a place with no training budget and managers who speak to employees in a condescending and insulting manner. On top of that the office environment in Rockville is terrible and allows for very little privacy while working. In the long run, you are much better off seeking experience elsewhere and many other organizations in the Washington metro region offer better retirement packages.

    Advice to Senior ManagementConsider investing in your employees and treating them with professional respect and courtesy rather than tearing them down in front of others.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Does it get any worse?

    Sales (Former Employee) Chicago, IL (US)

    ProsMy colleagues were great to work with.

    ConsUnfortunately NASDAQ was the worst company I have ever worked for. It starts at the top and ends with the local sales management (specifically in Chicago). They say you're only as strong as your weakest link and it's quite imperative that the sales managers are destroying what could be a great place to work for.

    Advice to Senior ManagementJust because you're NASDAQ doesn't mean your solutions are ready for the market place. If you want to be competitive, invest in product development and the appropriate resources to support those products. Also, it's 2013 and scare tactics to your employees don't work in this day and age. It only isolates you and make people not want to work for your organization.

    No, I would not recommend this company to a friend

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    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    Poor leadership at all levels-worked to death

    Anonymous Employee (Current Employee)

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

    ConsPoor 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 Senior ManagementWhen 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

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

     

    Choose the right department and you could be successful

    Associate Director (Former Employee) New York, NY (US)

    ProsInteresting and challenging work in a competitive environment and field. If you work in the "right" department, your potential for learning, development and advancement is limitless. Skills and competencies are easily transferable to other financial services firms, particularly those on Wall Street. Flexible schedules are available, and, in some cases, encouraged. There is a diversity of opportunities given the structure of the company so there is something for everyone.

    ConsHuge disparities in employee treatment across departments. Some managers promote and reward performance for even mediocre employees; while other managers do little to reward stellar workers. The pay does not keep pace with industry standards.

    Advice to Senior ManagementEnsure that there is more parity in development, advancement and compensation throughout the organization.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    NASDAQ: morally bankrupt

    Senior Manager (Former Employee) New York, NY (US)

    Prospotential for stock option appreciation from ruthless and greedy management

    ConsNo corporate culture, low morale, poor senior management, no respect for individuals

    Advice to Senior ManagementPeople are an asset; value and develop them

    No, I would not recommend this company to a friend

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