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LSEG (London Stock Exchange Group)

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LSEG (London Stock Exchange Group)

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LSEG (London Stock Exchange Group) FAQ

Have questions about working at LSEG (London Stock Exchange Group)? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at LSEG (London Stock Exchange Group).

All answers shown come directly from LSEG (London Stock Exchange Group) Reviews and are not edited or altered.

59 English questions out of 59

14 June 2021

Does LSEG (London Stock Exchange Group) offer relocation assistance?

Pros

Opportunities to re-model from the ground up, reviewing key systems and processes Some great people Good benefits package (historically)

Cons

Too much change all at once Culture clash between two very different organisations and cultures Lack of engagement from senior and middle management team, not assisted by poor communications Workload is unachievable

Advice to Management

Prioritise a smaller number of key projects and programmes, invest in a proper cultural development programme for the company you say you want to be, speed up the organisational announcements to stop the talent bleed, really listen to what your staff are telling you.

Good benefits package (historically)

14 June 2021

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23 February 2022

Does LSEG (London Stock Exchange Group) offer dental insurance?

Pros

- Benefits are good; lots of PTO, medical and dental are good - Easier to get into (because of high turnover) - A lot of the people here cool and fun to work with - Looks okay on a resume and its borderline impossible to get fired here

Cons

- The company is CHEAP. They more often than not do not give raises or bonuses. (Ergo the turnover). - Upper management is completely disconnected from the rest of the staff here. They do not know your name, what you do, etc. You are a worker bee and they don't care if you get squished. - Technology can be archaic at times. This is getting a lot better now. -Everyone is spread thin and you're often asked to pick up extra work for streams you are not a part of - You are often forced to become a jack of all trades and a master of none - You may never use ALM or even hear about it at this job. This is also true of other items such as Oracle, SAS, etc. If you're looking to learn more hard skills on the job this is very limited here outside some SQL for babies.

Advice to Management

Give people raises and bonuses. This is standard practice - especially in a year where you had record inflation. The company makes money off contracts so its not as if you hemorrhaged profitability due to Covid. We understand the Refinitiv purchase was expensive but it doesn't mean you can just make that money up by not giving employees raises and then expect people to be okay with it.

Benefits are good; lots of PTO, medical and dental are good

23 February 2022

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5 August 2022

Does LSEG (London Stock Exchange Group) have a pension plan?

Pros

There's a good social culture in many of the areas, so you can have some great nights out. Risk Management is very developed (outside of D&A/Refinitiv), so if that's your stock in trade you can learn a lot. Benefits are decent, pension ok, 10% match for you contributing 5%, share save, private health, bonuses fairly consistent. Most of the old LSEG areas are fairly well managed, LCH, Capital Markets, FTSE etc. Performance management isn't consistent in many areas of the business so even if you struggle, you're unlikely to find yourself shown the door like you would in one of the higher performing institutes. The Paternoster Square office is nice and in a great location. Looks decent on a CV, it's no Goldmans but has good name recognition.

Cons

Relationships between the business and technology can be downright sour with some of the business leadership being highly unpleasant at times. Progression can be slow and pay bands are very wide, don't expect any pay increases at year end. Due to the wide pay bands, you may find people doing the same job as you earning upwards of 30% more or 30% less. Training is fairly non existent. Responding rapidly to mails from senior management is the easiest way to progress, they won't notice anything else. Following the merge with Refinitiv, many of the central technology functions are run by ex Refinitiv staff (as Refinitiv was 5x the number of employees). As Refinitiv was massively overstaffed and badly managed, many of the performers and managers in the central functions are poor and struggle to grasp how the rest of the group works. This leads to a lot of exasperation and eye rolling in central forums. The old LSEG units came off quite badly with the merger with Refinitiv from a grading perspective. Most comparable roles will be more senior on the Refinitiv side. Talks a lot about D&I but it's just skin deep, generally everyone's a public school boy/girl.

Benefits are decent, pension ok, 10% match for you contributing 5%, share save, private health, bonuses fairly consistent.

5 August 2022

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22 February 2022

Does LSEG (London Stock Exchange Group) offer parental leave?

Pros

Benefits and perks, Learning resources, HMO, Generous leave allowance.

Cons

None at all, but there are times where in work gets toxic.

Benefits and perks, Learning resources, HMO, Generous leave allowance.

22 February 2022

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26 January 2021

Does LSEG (London Stock Exchange Group) offer life insurance?

Pros

Flexibility and that’s it. Health insurance is terrible whereas it used to be extremely attractive

Cons

Management is poor, they take no interest in growing their staff. They don’t listen to your input. They favor employees and shun others. No job security

Advice to Management

Be transparent. Actually attend 121s don’t make lame excuses or not show up. Give constructive criticism. We want to learn. I personally feel like when I leave this place I’ll have unlearned all the skills I had going into this position. This position was a demotion. They lie.

Health insurance is terrible whereas it used to be extremely attractive

26 January 2021

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59 English questions out of 59

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