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London Metal Exchange

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London Metal Exchange Reviews

3.8

66% would recommend to a friend

(73 total reviews)

Matthew Chamberlain

76% approve of CEO

75% positive business outlook

London Metal Exchange has an employee rating of 3.8 out of 5 stars, based on 73 company reviews on Glassdoor which indicates that most employees have a good working experience there. The London Metal Exchange employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, mining, utilities industry (3.7 stars).

Reviews by job title

73 reviews
4.0
26 Apr 2018

Research Analyst

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Very approachable management and good co-workers

Cons

Not very good training opportunities and not serious for research career

2.0
18 Mar 2021

Company origins trace back over 400 years and it shows

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Wages above the market average for permanent employees.

Cons

Terrible work/life balance in the IT departments. Ostensibly it's a five day working work in actual practice it's a six-day-a-week role as you are expected to perform multiple changes most weekends, or work on large project deployments. Additionally mid-week changes are expected, but can only be started after 22:30 so you will be working late. There are no additional benefits, bonuses or even thanks given in return for working these hours. And until just before the pandemic hit in March 2020 there was no official working from home policy, so you would often be expected to be in the office the next morning after working late at night. If you are in Ops there is also the requirement to be on-call (under rota), further adding to the load. Additionally there is a real culture problem around blame; the stick rather than the carrot is the order of things. You won't be rewarded for efforts but punished for any mistakes made. There is a real feeling of everyone trying to cover their own back and shift blame, especially amongst project and mid-tier management. As a result there is a reluctance to be forward facing, to adopt newer technologies or methodologies and a generally risk-averse environment. This can lead to stagnation in an industry that is constantly changing. Internal employee satisfaction surveys reflected all the above points. They showed the various IT departments scored very low across the board on job satisfaction and company culture. Outside of the IT departments there is a sense of a company struggling to modernise. The compulsory wearing of neck ties for men, even for back office or technical roles, was only abolished around 5 years ago. Casual or dress down Friday was only brought in around 3 years ago. There was no working from home policy until 1 year ago.

1.0
25 Mar 2019
Recommend
CEO approval
Business outlook

Pros

A number of skilled professional staff members it was a pleasure to work with Centrally located and easily accessible office Able to drive through change to improve service

Cons

Some senior managers are extremely unprofessional and bully staff HR turn a blind eye to senior management breaking policies / employent regs. Stuck in the past - an element of 1970s "bawdy" behaviour from some directors / managers.

Viewing 1 - 3 of 73 Reviews

Glassdoor has 106 London Metal Exchange reviews submitted anonymously by London Metal Exchange employees. Read employee reviews and ratings on Glassdoor to decide if London Metal Exchange is right for you.