MarketsandMarkets FAQ

All answers shown come directly from MarketsandMarkets Reviews and are not edited or altered.

22 English questions out of 22

31 August 2019

Does MarketsandMarkets offer sponsored degrees?

Pros

1. Flexible timings 2. Parking reimbursement

Cons

Have some patience to go through it. I assure you it would be worthy. 1. It's a huge bubble which punctured and symptoms are visible since past couple of years. For example, majority of its reports being published are duck which is it's core business. 2. In Job Description (JD), KPIs will be simple (probably same as usually it happens for a role in Market research industry), interviews will also be on the same line as mentioned in JD (for example, for senior analyst role you will be asked questions which are usually asked in the market research industry), but after joining you will come to know that your role and KPIs are changed and irrespective of your designation, you will be asked to do sales (directly indulge in pitching and selling reports on which you are working). Their expectation is also that you sell the report to companies with whom you are conducting primary interviews. So, be careful while being interviewed for any role in this company and if possible, kindly record the interview. 3. Every three months, you will be assessed on the volume of sales you or your team has done, and accordingly higher management will change the strategy. During this course, you will come to know that "Ahhh! my job was to sell. Report writing was just a process I followed which didn't require my expertise at all". 4. Drinking is a MUST criteria if you want to grow in this organization. If you are ready to spend some 4 - 5 thousand bucks every weekend, rest assured you will get special coverage by your managers. 5. HR and other supporting staffs are just for the sake of being there. If anyone gets promoted to higher level in these departments (HR, PMO, Accounts etc.), he/she will also come under scanner and will be asked to do sales (because he/she will draw higher salary now). 6. There is a proprietary tool they have created which they call it a "Revenue intelligence tool" which has nothing to do with intelligence and revenue. It is just a repository of all the reports published since inception of this company. Although, they have positioned it as a panacea of every problem Organizations face in terms of strategy making, but by now, almost every client of this company has understood that it's just a wastage of money and time. 7. As a new joinee, you will always be clueless and find yourself in the mid of quagmire. YOU WILL HAVE TO SEARCH FOR ANOTHER JOB SINCE THE DAY YOU WILL JOIN THIS COMPANY. I may sound rude, but this is the reality. 8. All the good reviews you will go through about this company are actually written by new joiners and directed by the company to write good stuffs. It's again in their KPIs for sales.

Advice to Management

Please don't believe in abracadabra and try to develop some learning capabilities. Just pushing everyone to do sales is not a solution.

2. Parking reimbursement

31 August 2019

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4 November 2019

How are the career development opportunities at MarketsandMarkets?

Pros

Good for a starting career

Cons

Politics demotivates you at work

Good for a starting career

4 November 2019

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5 May 2018

What kind of career opportunities exist at MarketsandMarkets?

Pros

Good Mission and Vision Great leadership specially after hiring COO Provide wonderful career opportunity for fresher Flexible shift time

Cons

Only issue employees faced is Parking problem

Advice to Management

Not applicable

Provide wonderful career opportunity for fresher

5 May 2018

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6 February 2019

How are promotions handled at MarketsandMarkets?

Pros

Great VP and Director level guys, very helpful in research, always think about growth of their team. On time Salary; Great salary structure which saves lots of tax. Good office location and Flexible Working Hours. Significant time is allocated to research projects, however half of it goes in vain as researchers have to show that they have put efforts in projects by making documents for seniors.

Cons

More than 15 CXOs are hired in a company which has total employees of about 1000; countless VPs and Directors. Research Methodology changes every month, and still worst quality is offered to client. CEO wants everything should be converted into sales, and thinks only about sales, focuses only on sales. Ideas are put to scrap if they don't generate sales quickly. New research mandates are implemented without any thought, which hamper research quality, and no one can question. Company has less than 250 Analyst, while it lies to client that it has 850 full-time Analysts. Talented employee gets promotion, so does anyone fulfilling minimum experience criteria; that means promotions are given to anyone. Assistant Managers and TLs are doing nothing, just passing time and have no idea about how to do research or sales of any kind; they can't even talk for 15 minutes on a topic or put formulas in excel. No subscription to database of any kind, Google search is the only source. Only 10 days training is provided to freshers. Random Hiring and Firing in Senior Management.

Advice to Management

Hiring COO was your worst mistake, and similarly your CPO made no difference. High iteration rate, everyone is looking for a job, so stop hiring CXOs and invest in the growth of your employees. Hire some consultants on emerging technologies. Focus on primaries but dont push too much as it degrades company's value. Subscribe to databases to validate your offerings.

Talented employee gets promotion, so does anyone fulfilling minimum experience criteria; that means promotions are given to anyone.

6 February 2019

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5 August 2020

What is the feeling of job security at MarketsandMarkets?

Pros

The company had it's perk. Some good things were 1. Flexible timing 2. Good hike if you perform well and have good relations with your manager. 3. Comp offs if you work on week ends. But all these are old news. Now with new top management (specially in the HR) and with new WFH environment situation is pretty bad in MnM

Cons

1. No work life balance 2. Salary hike is not satisfactory 3. Fake reviews on glassdoor 4. No job security, company is more on hire-fire mode now 5. Top management is delusional, lack of planning is visible in almost every department, HR can't keep track of working hours or leaves, research managers lack basic research skills (that's why they are still in MnM, people with skills, leave the company very soon), most of all IT support is terrible, it was not at all prepared for WFH migration, and now employees are suffering due to poor IT infrastructure and support. This list can go on and on.

Advice to Management

Instead of writing fake reviews and tricking google with your strong SEO techniques, start working on basics, take care of your employees, hire good people and let them use their brain to improve the company. Get rid of yes-men.

4. No job security, company is more on hire-fire mode now

5 August 2020

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22 English questions out of 22