In a nutshell, Euromonitor does not care for its employees. To them, every employee is dispensable and they will not hesitate to get rid of people who do not adhere to what the senior management has decided upon. The white people call the shots here, we are made to listen to what London implements, and the Asians have no say. Therefore, if you want to be heard and grow with the company, please do not bother being a part of this circus act. Working here has made me feel like I am just pawn for them to bring in revenue for them, nothing more. You are never appreciated except through takashimaya vouchers.
Career progression here also amounts to nothing, While they have tried to create more layers within each function, the job scope per title (business development associate, executive, senior executive, consultant) remains largely the same and you end up just reaching a point where you just stop learning. It is like a retirement home - you just grow old and grow mould daily. Some people then choose to leave within a couple of years, while the alternative is to stay here for 10-15 years because you just get too comfortable.
Furthermore, one huge problem with Euromonitor is that lack of transparency and consistency. Nothing is ever consistent here - new sales initiatives get canned as quickly as they get rolled out. Nothing ever follows through, leaving sales reps entirely directionless and confused. Also, territories change every 4-5 months, and targets change as they please. Despite taking away huge markets like Hong Kong, Taiwan, Korea due to new offices, they raised the targets per sales person; a move that is totally illogical and frustrating. On the point of transparency, leads are also not disseminated based on territory, but on who the manager prefers. There is just so much sneaking around, hiding, covering up for less than useful sales people, which eventually leads to a lot of animosity within the teams.
From the outside, many would think that Euromonitor is a great place and a good brand in the market research industry. However, after a few months in, one would realise that instead of welcome lunches, you end up going for more farewell lunches than anything because the attrition rate is just alarmingly high. This results in terribly low morale and bad vibes all around the office, and unfortunately, the leadership team would rather just live in denial than attempt to solve it.
It is kinda hilarious that Euromonitor had initially embarked on rapid expansion plans, and it did work - we grew. But fast forward this to present day, I think more work has been done filling out the gaps with the astonishing number of people resigning. Expansion is obviously not in the horizon anymore. It is especially a shame because the product and service is really one that adds value to the industry.
