NASDAQ OMX Group

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NASDAQ OMX Group Reviews

Updated 2 December 2014
Updated 2 December 2014
96 Reviews
3.1
96 Reviews
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NASDAQ OMX Group Chief Executive Officer Bob Greifeld
Bob Greifeld
62 Ratings

Review Highlights

Pros
  • Good benefits including 6% 401(k) match, but no public transportation stipend (in 7 reviews)

  • Brand recognition, intense work environment, never a dull moment (in 6 reviews)


Cons
  • Some of senior management are not that bright; others are excellent (in 11 reviews)

  • Upper Management have no clue on the business area I worked under (in 5 reviews)

More Highlights

15 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Represents everything that has gone wrong with the corporate world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Stockholm, Stockholm (Sweden)
    Current Employee - Associate in Stockholm, Stockholm (Sweden)

    I have been working at NASDAQ OMX Group 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 This results into staying in shabby hotels when travelling, unsubsidized cantine, having to use outdated technology...and slowly but surely decline in talent and performance....so sad.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 ManagementAdvice

    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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Forget about flexible working.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Stockholm, Stockholm (Sweden)
    Current Employee - Anonymous Employee in Stockholm, Stockholm (Sweden)

    I have been working at NASDAQ OMX Group 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 ManagementAdvice

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

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

    A leaderless hodgepodge of soulless technologists.

    • 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 benefits. Free coffee. If you prefer to spend your workday in complete silence without interacting with another human being this is the place for you.

    Cons

    Your coworkers are unethical hackers. There is no upward mobility because there is nothing to move up to. This is a hands off executive team that purchases small tech companies. The companies either use and abuse the brand to grow, or end up in the waste bin. This is where careers go to die.

    Advice to ManagementAdvice

    Keep searching the globe for countries who are dumb enough to buy your software. That's your niche. If you were any good at technology, you'd be in Silicon Valley, and if you were any good at finance you'd have more than a small data processing service. Your listing business should dry up quickly once customers figure out the scam. So keep selling to the dumb countries, there's tons of money there for people with low moral standards like you to feast on.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 7 people 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
  6. 4 people found this helpful  

    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.

  7. 2 people found this helpful  

    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
  8. 1 person found this helpful  

    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 (more than an 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
  9. 1 person found this helpful  

    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
  10. 1 person found this helpful  

    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
  11. 1 person found this helpful  

    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

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