CME Group reviews

4.0

73% would recommend to a friend

(236 total reviews)
avatar

Terry Duffy

78% approve of CEO

78% positive business outlook

Reviews by job title

236 reviews

Reviews about "Compensation"

Return to all reviews
2.0
Jan 11, 2018
Recommend
CEO approval
Business Outlook

Pros

Great benefits and PTO Good work life balance and WFH policy OK base salary with a potentially great bonus Pension (though small, most companies really don’t even offer this) If you really look, you can find small groups of smart talented people Insanely profitable business, with little competition (really almost none at all)

Cons

Lots of favoritism, especially towards remote Belfast and India offices, and frustrating organizational politics. Additionally, there isn’t any transparency from upper management on how decisions are made or if there’s any data to back those decisions. These points, as well as all the “security” related policies, which just end up wrapping everything in red tape, ultimately drove my decision to leave. Also, there exists in CME a know-it-all culture among senior management, where they seem to bury their heads in the sand in regards to pain points and the insane bureaucracy. This attitude of “everything is great and we have no problems” results in nothing changing and all these pain points only becoming more and more painful. Another huge frustration is the “throw some stuff at the wall and hope it sticks” mindset, with zero accountability when projects fail and it doesn’t “stick” (and usually it doesn’t). From a technology perspective, lots of talk about “innovation” and “hiring the best” but that’s mostly just talk. The tech stack is a quite boring in most teams, with a few exceptions. In fact, when it comes to tech, the company is really just playing catch up at a brutally slow pace (mainly due to extreme red tape brought on by “security” measures, many of which are excessive and have nothing to due with real security). From a hiring perspective, the technologists that are hired tend to be picked based on either industry experience or just the gut feeling of someone with a big shot title, and rarely on the applicant’s actual technical skill. Too many hiring decisions are made from the top down.

4.0
Nov 20, 2017

Good place to work, but lots of dead weight.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Great pay. Great PTO. Great Location. Pension (small but most companies don't offer this at all). Plentiful transfer opportunities.

Cons

There are lots of longtime employees who get to keep their jobs simply because they've been there a long time, even if they are totally incompetent. If you end up in a department with one of these people at the top, you are doomed.

2.0
Nov 19, 2017

Aging dinosaur slowly going extinct

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The compensation is strong, with a healthy base salary and bonus/equity structure. The hours are easy, with many people working <40 hours a week. There are pockets of talented people that can get great things done, if you can find them.

Cons

All the signs of a complacent monopoly going extinct are there. Uninspiring and inauthentic senior management more concerned with their golden handcuffs than their people and challenging the status quo. Bad HR policies that stifle talented mid-level employees. Toxic, gossip-filled, silo'ed, and territorial culture that deserves its own Uber-style exposure. Splashy efforts at "innovation," but when's the last time CME made real profit on a new business? Fun tip: look at the tone-deaf propaganda responses from HR on these Glassdoor reviews that politely deny that any problems exist, often with a line like "that's not the environment we recognize!" and a reference to an engagement survey that's taken every two years. For example, they say that their education reimbursement is twice the industry average! Wow! But they fail to mention it used to be 100% covered. People joined specifically for this benefit, before it was ripped away with no warning, causing major life disruptions. To sum up CME as a place to work: it's all talk, little action, and no accountability. Stay away if you're ambitious and want to work with smart, competent people.

Viewing 151 - 153 of 236 Reviews

Glassdoor has 1,731 CME Group reviews submitted anonymously by CME Group employees. Read employee reviews and ratings on Glassdoor to decide if CME Group is right for you.