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LexisNexis Risk Solutions Claimed Company
At LexisNexis® Risk Solutions, our history, and entrepreneurial spirit make us a rare combination. We never stop innovating, always looking for ways to leverage the power of insight through data and advanced analytics to help our customers solve problems, make better decisions, and improve operations. Our technologies, decision tools and data services give our customers a clear advantage in evaluating and predicting risk and enhancing operational efficiency.
Our global portfolio spans the following sectors: Aviation | Agriculture | Chemical | Energy & Fertilizers | Collections & Recovery | Commercial Property | Corporations & Non-Profits | Financial Services | Government | Healthcare | HR | Insurance | Law Enforcement & Public Safety |Tax
LexisNexis Risk Solutions | ICIS | Cirium | Proagrica | Brightmine | EG | Nextens read more
The company is very disjointed. Asking people who have been with the company for years on who to talk to: "I have no idea." Local teams are good, but the larger org is painfully bureaucratic. This leads to low morale, and people are leaving the company as a result.
What does the leadership team need to get better at?
Retaining employees with fair, comparable salaries and total compensation.
What makes you most happy at work?
When I actually have time to focus on something productive.
What are some of the best things about your team?
We work together extremely well, despite having to constantly adapt to changing priorities.
What needs to change to make the company culture better?
Less bureaucracy, especially from info-sec and the cloud center of excellence gatekeepers. Innovation is being stifled.
What needs to change to make the company culture better?
Security team is draconian and too powerful, and its procedures are outdated. It holds up too many projects and ideas.
What's going wrong and how can it be improved?
Feels like there is no future for me and my team. Also worry that they will leave due to lack of appropriate compensation.
What does the leadership team need to get better at?
Merit increases aren't keeping up with inflation and cost of living, including the cost of benefits increases. Medical coverage is far below other employers.
Why do you feel undervalued and what would make you feel better about your compensation?
Merit increases are stingy, even though profits are high. I make less each year than the year before once adjusted for cost of living.
What does the leadership team need to get better at?
Integrating acquired companies. It's been nearly two years and my group is more isolated than ever, with no clear efforts to integrate into the larger LNRS organization.
Why do you feel undervalued and what would make you feel better about your compensation?
Salary is way below market. Benefits are also way below market. No ESP? No stock options? Unheard of. Staff sizes are too small for the jobs requested.
What does the leadership team need to get better at?
Leadership needs to recognize that infosec is out of control and hampering innovation, and that employee compensation is way below what is needed to recruit and retain top talent.
Why do you feel undervalued and what would make you feel better about your compensation?
Salaries are far below market norms and not keeping up with cost of living and increased benefits costs. And the health benefit offerings are far below that of other companies.
What's going wrong and how can it be improved?
Reduce the bureaucracy. Stop with the "center of excellence" stuff, as it only serves to stifle innovation. Reduce the influence of info-sec -- their policies are stifling innovation and causing people to leave.
Why do you feel undervalued and what would make you feel better about your compensation?
Employee total compensation is lagging far behind the norm for my geographical region: salaries are lower than average; LNRS offers no stock purchase (ESPP) plan; no stock options offered to retain talent; 401(k) match is low; the health plans are expensive for the level of benefits provided.
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