NASDAQ OMX Group Reviews

Updated 2 September, 2014
Updated 2 September, 2014
85 Reviews
3.1
85 Reviews
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NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
55 Ratings

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend (in 5 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 11 reviews)

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

More Highlights

12 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Terrible

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales MMC
    Former Employee - Sales MMC

    I worked at NASDAQ OMX Group full-time for 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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Very unorganized with clueless and reactionary management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at NASDAQ OMX Group 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 ManagementAdvice

    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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Underpaid, overworked, back stabbed, then left for dead

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous
    Former Employee - Anonymous

    I worked at NASDAQ OMX Group

    Pros

    Good Medical Benefits.
    Sometimes they'll waste a ton of money on fancy dinners for you.

    Cons

    They fire quality staff members to make room for inexperienced college students and teams in India. This is because the company is so poorly run, they are constantly losing money at rapid rates and doing this is the only way to help their quarterly reports look decent. They fail at all their mergers. (Glide, Thomson Reuters) and their staff has become a revolving door. They are all about Quantity over Quality making for a poor office environment. Everyone is hostile, on edge, and will lie to you about being your friend for a year just to use you to get ahead. Pathetic.

    Advice to ManagementAdvice

    Listen to those on the frontlines, quit hiring people with no skills just because they'll take a lower paycheck.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Down-Hill

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at NASDAQ OMX Group

    Pros

    Friendly people when they're not trying to stab you in the back.

    Cons

    Once the Reuters acquisition took place, everything went down hill quite rapidly. It was a complete reverse merger, so TR basically took over everything...major/minor decisions, comp, etc., leaving everyone angry and non motivated. The division is ran completely backwards and the majority of the management is clueless, not to mention a complete lack of accountability. Think about it...nasdaq bought the reuters business unit for about $400 million. Why do you think that is? Its because the old reuters was not doing well, nasdaq took a shot at them, and in my (and everyone else's) opinion, they failed miserably.

    Advice to ManagementAdvice

    Listen to sales...listen to the people who are on the frontline of getting YOU paid. Also, it would help to actually learn the business unit/sector that you run.

  6.  

    Lean Business Model

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at NASDAQ OMX Group full-time

    Pros

    The compensation and bonus is generous.

    Cons

    Management 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 ManagementAdvice

    Try 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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Well, what can I say. Really quite bad.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  San Francisco, CA (US)
    Current Employee - Anonymous Employee in San Francisco, CA (US)

    I have been working at NASDAQ OMX Group full-time

    Pros

    Good 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.

    Cons

    Base 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 ManagementAdvice

    Treat 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Not a great place to work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at NASDAQ OMX Group

    Pros

    Great coworkers, nice travel perks

    Cons

    Not staffed sufficiently, overworked. Not managed well

    Advice to ManagementAdvice

    Fix the broad operational issues

  9. 1 person found this helpful  

    A Horrible Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at NASDAQ OMX Group full-time for more than 10 years

    Pros

    They do offer free coffee.

    Cons

    What 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 ManagementAdvice

    Consider investing in your employees and treating them with professional respect and courtesy rather than tearing them down in front of others.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Does it get any worse?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales  in  Chicago, IL (US)
    Former Employee - Sales in Chicago, IL (US)

    I worked at NASDAQ OMX Group full-time for more than a year

    Pros

    My colleagues were great to work with.

    Cons

    Unfortunately 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 ManagementAdvice

    Just 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Poor leadership at all levels-worked to death

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at NASDAQ OMX Group 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 ManagementAdvice

    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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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