Wood Mackenzie reviews

3.0

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(584 total reviews)
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Jason Liu

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100% positive business outlook

Wood Mackenzie has an employee rating of 3.0 out of 5 stars, based on 584 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Wood Mackenzie employee rating is in line with the average (within 1 standard deviation) for employers within the Management & Beratung industry (3.7 stars).

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584 reviews
2.0
Apr 2, 2018
Recommend
CEO approval
Business Outlook

Pros

Good salary, benefits, flextime, and vacation.

Cons

The majority of the cons of working at WoodMac stem from what can only be described as a toxic culture and very poor management. The majority of mid to lower level management have no business managing others. I can not tell you the number of times I had to beg for something to do that actually required brain power. Needless to say day to day life at WoodMac became boring very quickly. It seems like any constructive criticism of how to improve WoodMac's processes and products seems to fall on deaf ears. During my time at WoodMac I made several suggestions to upper level (head of research), mid level (directors), and lower level (managers) management. Every one of them brushed off my concerns and the problems went unaddressed. After a while I just stopped offering improvements since there didn't seem to be a point. You should note however that this is a common complaint at WoodMac. Read some of these other reviews. Management's concern in producing top notch products for clients seems to be waning. Sure they'll throw together a new software tool and try to market it to clients every now and then, but it often leaves much to be desired and room for improvement. As far as management is concerned as long as it sells they don't care about improving it. Lastly, there is a very high turn over rate and lack of opportunities to seriously grow your career. Look on LinkedIn. Most people are here for a year or two at most. Upper management is convinced this is because the industry is competitive. The reality is the smart people WoodMac hires quickly see the problems WoodMac has and how they don't seem to care about solutions. Can you blame them for wanting to leave asap?

1.0
Apr 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits for the size of the company Some managers are willing for employees to balance work/life commitments World class vacation benefits.

Cons

The leadership team is primarily comprised of highly paid expats that chose to stay in the US. The leadership team doesn't care about developing the staff and promotions are not based upon demonstrated delivery of performance but rather based on how politically connected you are to the decision makers. The business does not promote teamwork nor does it value providing developmental feedback to employees who want to make a difference. The organization doesn't value inclusiveness and doesn't treat employees fairly and consistently. The business doesn't stand firm on its commitments when extending sign-on bonuses and relocation assistance.

1.0
Jan 5, 2022
Recommend
CEO approval
Business Outlook

Pros

- pay is on time - free fruit in the office, but you can't use it for 2 years since we are still in lockdown - learning opportunities - dealing with negative people will make you stronger - you are on your own, so you will quickly learn the ropes - work/life balance is ok, rare overtimes, weekend/evening working only around deadlines

Cons

I would not recommend joining Woodmac to my friends or family. - the negative reviews from 3 years ago are still true - often changes in the vision of company direction - often changes in CEOs - management will throw you under the train to save themselves - evergrowing number of management and decreasing number of doers - bad decisions made by management are pushed onto you so they can blame somebody else (we couldn't deliver x because of person y) - inability to hire talent and lately too many talented people leaving (they currently hide it by saying that they are hiring diverse people rather than quality people) - technical debt that is not prioritized - too many leaders with their own vision and duplicated work streams (there is a high chance that work you do for 2 years will go to the bin just because other leaders won politics) - you don't set your personal OKRs, management push their OKRs onto you (so basically they will get their bonuses) - too much politics - pay rise in average is in the region of 0.5%, not mentioning the below the market rates - bonus in average is in the region of £500-£1000 per year for a good achiever - promotions are based on the political side you join (if your party is in power) - you will realize there is no culture or values after a few All Hands meetings - too much micromanagement from all the product owners, management, and scrum masters.

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