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Markit Company Culture
Markit Culture
This score is derived from employee ratings & reviews4.2/5
Markit's Overall Culture is rated B+
Top Rated Culture Dimensions
Compensation
A+Office Culture
A+Happiness
APerks & Benefits
ATeam
AMarkit CEO
Top 50%Top 50% of Similar Size Companies on Comparably
Lance Uggla
69 /100
See More
Diversity at Markit
Top 15%Top 15% of Similar Size Companies on Comparably
A-
Diverse employees at Markit have rated Perks And Benefits, Team, and Leadership as the highest categories they have scored
Women at Markit
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterMarkit eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 35%Bottom 35% of Similar Size Companies on Comparably
Recommend to a Friend?
-20
Markit employees are -20% more likely to recommend Markit as a great place to work
| 13% | Promoters |
|---|---|
| 54% | Passives |
| 33% | Detractors |
Working at Markit
Working at Markit is rated highly by 18 employees, across various culture dimensions. Markit employees are most satisfied about Compensation, Office Culture, and Happiness categories, putting Markit’s culture in the Top 20% compared to similar sized companies on Comparably. See below in detail how working at Markit was rated by employees.
Overall Company Culture at Markit
B+
Overall Company Culture at Markit is rated B+
Last updated months ago
Top
20%
Markit ranks in the Top 20% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Markit Employee Reviews
Out of 25 Markit employee reviews, 86% were positive. The remaining 14% were constructive reviews with the goal of helping Markit improve their work culture.
| Positive Reviews | 86% |
|---|---|
| Constructive Feedback | 14% |
Positive Reviews From Markit Employees
- What makes you most happy at work?Focus on new technologies and a fairly free field to improve and suggest changes.
- What are some of the best things about your team?Experienced skilled people, focused on the same goals as I am
- What did you like most about the interview process?Pretty standard and nothing unqiue.
Constructive Feedback From Markit Employees
- What does the leadership team need to get better at?Leadership lacks integrity and moral compass. Insincere and disigenuine. Aware of and turns a blind eye to sexism and bullying.
- What needs to change to make the company culture better?Stronger leadership, genuine care for employees and addressing poor and at times immoral behavior of senior managers
- What's going wrong and how can it be improved?Stronger leadership and addressing poor and at times immoral behavior of senior managers.
Markit Company Information
Markit Company Overview
Markit is a financial information services company helping businesses improve operational efficiency and meet regulatory requirements.
Markit Mission, Vision & Values
Markit Mission Statement
At IHS Markit, Corporate Sustainability is about being thoughtful and responsible citizens to improve the quality of life for our customers, colleagues, shareowners and the communities in which we live and work.
Markit Values
We leverage our organizational diversity through our commitment to our Core Values of Accountability, Customer Focus, Inclusiveness, Innovation, Integrity and Partnership. Our ability to attract, develop and retain the best and brightest talent is the cornerstone of our competitive advantage.
| Headquarter | 25 Ropemaker Street, Ropemaker Place United States of America |
|---|---|
| Website | markit.com |
| Founding Date | 2001 |
| Tel | +44 20 7260 2000 |
| Company Status | Public |
| Stock | INFO |
Markit Competitors
Markit competitors include Browserling. Markit ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Markit compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Markit Employees
18 employees at Markit have reviewed Markit across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 18 Markit employees give their leadership a grade of B+, or Top 20% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Markit are pleased with their total compensation at Markit, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Markit are pleased with their team. 18 Participants grade the quality of their coworkers an A. The majority believe the meetings at Markit are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Markit believe the environment at Markit is positive. Most Participants believe the pace of work at Markit is moderate. About 60% of the employees at Markit work 8 hours or less.
Overall, the employees at Markit are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Markit employees generally work 8.6 hrs a day
Work Hours
A Day in the Life
Employees at Markit report the work pace is moderate
Work Pace
A Day in the Life
100% of Markit employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Markit employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
70% of Markit employees call their work environment positive
Environment
Joining Markit - Employee Onboarding
The prevailing opinion from employees about joining Markit is that the company was somewhat prepared on their first day. Markit employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Markit KPIs and OKRs
Employees’ understanding of Markit's KPIs and OKRs is essential for its success. Out of 4 Markit employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 4 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Markit CEO & Leadership
Markit CEO - Lance Uggla
69 /100
Markit’s CEO Lance Uggla started in this role in 2018. Lance’s approval rate is just above average, putting Lance in the Top 50% of all CEOs of similar-sized companies on Comparably. Lance Uggla is well regarded by employees for the Compensation Markit offers, and ranks among the Top 5% of CEOs by employees in that category. Lance is most liked by employees with the company for 1 to 2 Years and employees with 1 to 3 Years experience. However, employees in the Operations department have a slightly unfavorable view of the CEO. When compared to Markit’s competitors, Lance Uggla ranks just below Browserling’s CEO Peteris Krumins. With Lance’s leadership, Markit employee respondents are most happy about their Compensation and Office Culture. Lance was rated slightly below average for Outlook.
Markit Leadership
The Markit Executive Team is rated a “B” and led by CEO Lance Uggla, Executive VP & General Counsel Sari Granat, and Executive VP, Global Head of Account Management & Regional Head of Asia Pacific Shane Akeroyd
Lance Uggla CEO / President
Mr. Jerre L. Stead has been the Chairman and Chief Executive Officer of IHS Markit Ltd. since July 12, 2016. Mr. Stead... read more
Sari Granat Executive VP & General Counsel
Ms. Sari Granat has been General Counsel of IHS Markit Ltd. since July 12, 2016 and also serves as its Executive Vice... read more
Shane Akeroyd Executive VP, Global Head of Account Management & Regional Head of Asia Pacific
Mr. Shane Akeroyd has been Executive Vice President, Global Head of Account Management and Regional Head of Asia Pacific... read more
Todd S. Hyatt Executive VP, Secretary & CFO
Mr. Todd S. Hyatt has been the Chief Financial Officer and Executive Vice President of IHS Markit Ltd. since July 12,... read more
Adam J. Kansler Executive Vice President of Financial Markets
Mr. Adam J. Kansler has been an Executive Vice President of Financial Markets at Markit Ltd. since July 12, 2016. Mr.... read more
Nariman Behravesh Ph.D. Chief Economist
Dr. Nariman Behravesh, Ph.D., serves as the Chief Economist at IHS Markit Ltd. At IHS Markit, Dr. Behravesh oversees the... read more
Jonathan Gear Executive Vice President of Resources & Transportation
Mr. Jonathan Gear has been Executive Vice President of Resources and Transportation at IHS Markit Ltd. since July 13,... read more
Sally Moore Senior Vice President of Strategic Alliances
Ms. Sally Moore serves as Senior Vice President of Strategic Alliances at IHS Markit Ltd. Ms. Moore is responsible for... read more
Markit Salaries
How much does Markit pay?
How much do people at Markit get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Markit is $133,326, or $64 per hour, while the estimated median salary is $131,134, or $63 per hour.
At Markit, the highest paid job is a Director of Sales at $230,571 annually and the lowest is a CS Rep at $44,977 annually. Average Markit salaries by department include: Finance at $91,171, Customer Support at $68,239, Legal at $155,465, and Business Development at $158,897. Half of Markit salaries are above $131,134.
11 employees at Markit rank their Compensation in the Top 5% of similar sized companies in the US (based on 41 ratings) while 11 employees at Markit rank their Perks And Benefits in the Top 10% of similar sized companies in the US (based on 14 ratings).
Salaries contributed from Markit employees include job titles like Senior Developer, Developer, Jr Developer, and Senior Designer. Comparably data has a total of 16 salary records from Markit employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $71k | $71k | 1st Percentile |
17th Percentile $100k | $100k | 17th Percentile |
33rd Percentile $129k | $129k | 33rd Percentile |
50th Percentile $186k | $186k | 50th Percentile |
67th Percentile $244k | $244k | 67th Percentile |
83rd Percentile $274k | $274k | 83rd Percentile |
100th Percentile $305k | $305k | 100th Percentile |
$133,326*
Average Compensation
$131,134*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Markit Salaries by City
Markit Salaries by Department
Diversity & Inclusion at Markit
Diverse employees at Markit score the company 76/100 across various culture categories, placing Markit in the Top 15% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Markit across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Markit Perks & Benefits
Health & Wellness
- Health Insurance
Paid Time Off
- PTO / Vacation Policy
Markit PTO
Markit's PTO and Vacation policy typically gives 20-30 days off a year. Paid Time Off is Markit's most important benefit besides Healthcare when ranked by employees, with 100% of employees saying it is the most important benefit. Markit's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Markit Careers
Markit Jobs
No Recent Jobs found for Markit on Comparably
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H1B Visa
In 2019, Markit applied for 112 H1B visas. Of the work permits applied for, 77% were approved, 21% certified-withdrawn, and 2% withdrawn.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Markit unveil that 2 approved work permit applications were withdrawn before the employee’s start date, and 24 were withdrawn by Markit after the employee’s start date.
Work Permit Application Outcome
112
Total Applied
H1B Applications Outcome
- 77% Granted (86 out of 112)
- 0% Denied ( out of 112)
- 2% Withdrawn Application was withdrawn by the employer before approval/rejection (2 out of 112)
- 21% Certified-Withdrawn Application was approved but later withdrawn by employer (24 out of 112)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Markit Know You Want To Work There
Overview of Candidates Interested in Markit on Comparably
Candidates By Department
All Industries | 50% | |
|---|---|---|
Engineering | 20% | |
Marketing | 10% | |
Communications | 10% | |
Operations | 10% |
Candidates By Location
Denver | 40% | |
|---|---|---|
New York City | 20% | |
Boulder | 10% | |
Chicago | 10% | |
Bronx | 10% | |
Other | 10% |
Frequently Asked Questions regarding Markit
What is Markit address?
Markit location is at 25 Ropemaker Street, Ropemaker Place
Who is the CEO of Markit?
Markit CEO is Lance Uggla, their score by employees is 69
What is Markit eNPS?
The eNPS for Markit is -20
What is Markit revenue?
Markit revenue is $4B
What is the salary for Business Analyst in Markit?
Business Analyst average salary in the US is 92k
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