McGraw Hill Financial
3.1 of 5 197 reviews
www.mhfi.com New York, NY 5000+ Employees

McGraw Hill Financial Reviews

Updated Jun 28, 2014
All Employees Current Employees Only

3.1 197 reviews

                             

80% Approve of the CEO

McGraw Hill Financial President & CEO Douglas L. Peterson

Douglas L. Peterson

(15 ratings)

57% of employees recommend this company to a friend
57 Employee Reviews Back to all reviews
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    moderate place to work as a young employee

    Financial Analyst (Current Employee)
    New York, NY

    Prossecure salary and nice people and good hours

    Constoo bureaucratic. very political - low pay

    Yes, I would recommend this company to a friend

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    McGraw-Hill Platts

    Project Manager (Current Employee)
    Houston, TX

    ProsGrowing subsidiaries, international, work-life balance opportunities, personable culture...

    ConsSalaries based on entry level, need to consider years of experience and certifications. Mgmt mostly promoted within, need to invest in developing leadership / professional mgmt skills.

    Advice to Senior ManagementOffer competitive salaries for experienced professionals. Invest in promoted leadership to develop mgmt skills.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    1 person found this helpful  

    Slow, good work-life balance

    Anonymous Employee (Current Employee)
    New York, NY

    Proswork-life balance
    interesting colleagues
    good benefits
    good office locations

    Consno career progression
    weak middle management
    no strategic answers to changing industry landscape

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    1 person found this helpful  

    The company is changing

    Sales Support (Former Employee)
    Saint Louis, MO

    Prossalary, co-workers, work environment, benefits

    Cons75% cut in sales support staff, failure to be a leader in the market

    Advice to Senior Managementget on board with textbook rentals

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Technology?

    Anonymous Employee (Current Employee)
    Denver, CO

    ProsGreat place to build a network. Outstanding benefits in health and work life balance areas. Salaries are okay. Training is good when you get it.

    ConsGone down hill fast. Technology is out of date. Better you are with politics the more reward you get. The IT org has to many people that moved over from another company with the management and have been put into position because they are "YES" men. Lots of distrust and putting good people in positions that keep them rising to the top with the last reorg. The yearly surveys on employee satisfaction is a joke.

    Advice to Senior ManagementDo something real or get out. Stop pretending that the company is a Global company because it isn't. MH is a New York company that has other remote office. The fact that the term "remote office" is used at all shows that MC does not believe anyone outside of NYC is worth their time.

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    It's all what you make of it

    Production Coordinator (Current Employee)
    Columbus, OH

    ProsMGH Education has a highly supportive corporate culture. Most people are enthusiastic about helping you.
    Benefits are pretty awesome--they even support same-sex domestic partnerships.
    Volunteering in the community is a huge focus
    Laid back atmosphere (for the most part)
    Those who do good work are recognized for their abilities and are seen as the "go-to" persons when things get tough

    ConsTrial by fire on-boarding process. There are few departments that have anything in terms of a real training program, and you learn most things by accident.

    Several examples of managers who either micromanage or don't pay enough attention to their employees.

    There are many employees who are simply "getting by," who don't actually pay enough attention to procedures or past mistakes and are doomed to make the same errors over and over again. On top of that, their managers rarely do anything about it. One of the biggest reasons is that HR is so entangled in every single decision that it's nearly impossible to get anyone fired from this place, even if they are doing a terrible job.

    The performance management review process is antiquated and ridiculously complicated.

    Deadlines are hard, fast and often cutthroat. it seems like sales and marketing make most of the decisions without regards to anyone else's work/life balance. I've worked about 60+ hours a week on a regular basis for months as a result.

    A huge corporate reorganization was implemented in 2009 to shake up some of the broken procedures and dismantle departments/roles that an external consulting firm decided were no longer necessary. Huge mistake. We eliminated positions that were crucial to the publishing process (Umm... whose idea was it to remove proofreaders altogether?) and created new jobs that are still unclear to the masses. Now we're spending more time trying to bend over backwards and fix things that weren't broken in the first place.

    Promotions aren't always based on work/professional experience, but on a "who you know" basis. It's a cult of personalities, not a meritocracy.

    Advice to Senior ManagementAct on the procedures you've implemented. Give the big picture to everyone on the team--most people are pigeonholed into their own corner and don't think twice about how their actions affect the entire program.

    Yes, I would recommend this company to a friend

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    6 people found this helpful  

    A Company That Has Lost its Way

    Editorial (Former Employee)
    New York, NY

    ProsEmployee friendly, brand name publisher, proud heritage, portfolio business structure

    ConsSenior management has a mixed record of fixing problems and the decision making is glacial. The reputational hit that Standard & Poors has taken for its shoddy ratings of mortgage securities during the credit crisis will take many years to overcome.

    Advice to Senior ManagementTime for a new CEO

    No, I would not recommend this company to a friend

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    Decent place if management was better.

    Director (Former Employee)
    New York, NY

    ProsThey have good benefits and work hours. If you have a good boss there is a very good program for travel for personal growth.

    ConsThe place is very political and the HR policy is terrible for pay raises and other issues. Never trust HR as it will come back to hurt you.

    Advice to Senior ManagementIf the business unit is collapsing fire someone above the level of director. THEY ARE NOT THE PROBLEM, SENIOR MANAGEMENT IS!

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    Old Company going through changes

    Anonymous Employee (Current Employee)
    New York, NY

    ProsBenefits, ok pay, great place to work if you have a family, competent upper managers, normal work hours, many people are so comfortable they stay put for many years.

    ConsHard to get promoted, very slow turn around rate at the top, most people stay there more than 10 years ( which is god in some ways but if you want to "work your way to the top" the slow turn around at the top creates few opportunities at the bottom.)

    Advice to Senior ManagementMake it possible for employees to experience growth and don't be afraid of new ideas.

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    Typical administrative

    Administrative (Current Employee)
    New York, NY

    ProsMGH's benefits package is pretty good and the standard work week is 35 hours - that's a rare thing these days. Salary can be decent, depending on which business unit you work with.

    ConsThere is little chance of getting head as an AA there, unless your manager really pushes on your behalf. Unfortunately, not too many managers would do that. Very difficult place to make any kind of career change - once an AA, always an AA there.

    Advice to Senior ManagementLeadership should be aware that there are other employees there that deserve a chance to move ahead, not just the ones that are already in executive roles.

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