McGraw Hill Financial Reviews

Updated August 9, 2014
Updated August 9, 2014
205 Reviews
3.4
205 Reviews
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McGraw Hill Financial President & CEO Douglas L. Peterson
Douglas L. Peterson
19 Ratings

Review Highlights

Pros
  • Work life balance, friendly work environment (in 25 reviews)

  • Good benefits like free museum admissions etc (in 28 reviews)


Cons
  • Work life balance is abysmal within specific HR Teams (in 9 reviews)

  • Senior management is mostly out of touch and concerned only with the bottom line (in 13 reviews)

More Highlights

60 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Hard to innovate. Great work/life balance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Interaction Designer in New York, NY
    Former Employee - Senior Interaction Designer in New York, NY

    I worked at McGraw Hill Financial full-time (more than an year)

    Pros

    Constant push for digital innovation in the sphere.

    Cons

    Laden with bureaucracy and red tape. Stuck in the 80's.

    Advice to ManagementAdvice

    Need to give your UX team room to grow.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Business Shared Services analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Hightstown, NJ
    Current Employee - Analyst in Hightstown, NJ

    I have been working at McGraw Hill Financial full-time (more than 10 years)

    Pros

    Friendly atmosphere, good work/life balance, flexible hours, good benefits, 401K

    Cons

    Poor management, no advancement opportunities in recent years, positions being outsourced to handle spinoff.

    Advice to ManagementAdvice

    Lean Six Sigma is broken, as some solutions are not implemented.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    moderate place to work as a young employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in New York, NY
    Current Employee - Financial Analyst in New York, NY

    I have been working at McGraw Hill Financial full-time (more than an year)

    Pros

    secure salary and nice people and good hours

    Cons

    too bureaucratic. very political - low pay

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    McGraw-Hill Platts

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Houston, TX
    Current Employee - Project Manager in Houston, TX

    I have been working at McGraw Hill Financial full-time (more than 3 years)

    Pros

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

    Cons

    Salaries 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 ManagementAdvice

    Offer competitive salaries for experienced professionals. Invest in promoted leadership to develop mgmt skills.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Slow, good work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at McGraw Hill Financial

    Pros

    work-life balance
    interesting colleagues
    good benefits
    good office locations

    Cons

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

    No opinion of CEO
  7. 1 person found this helpful  

    The company is changing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Sales Support in Saint Louis, MO
    Former Employee - Sales Support in Saint Louis, MO

    I worked at McGraw Hill Financial

    Pros

    salary, co-workers, work environment, benefits

    Cons

    75% cut in sales support staff, failure to be a leader in the market

    Advice to ManagementAdvice

    get on board with textbook rentals

    Doesn't Recommend
  8. 2 people found this helpful  

    Technology?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at McGraw Hill Financial

    Pros

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

    Cons

    Gone 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 ManagementAdvice

    Do 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.

    Disapproves of CEO
  9. 2 people found this helpful  

    It's all what you make of it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Production Coordinator in Columbus, OH
    Current Employee - Production Coordinator in Columbus, OH

    I have been working at McGraw Hill Financial

    Pros

    MGH 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

    Cons

    Trial 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 ManagementAdvice

    Act 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.

    Recommends
    No opinion of CEO
  10. 6 people found this helpful  

    A Company That Has Lost its Way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Editorial in New York, NY
    Former Employee - Editorial in New York, NY

    I worked at McGraw Hill Financial

    Pros

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

    Cons

    Senior 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 ManagementAdvice

    Time for a new CEO

    Doesn't Recommend
    Disapproves of CEO
  11.  

    Decent place if management was better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

    I worked at McGraw Hill Financial

    Pros

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

    Cons

    The 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 ManagementAdvice

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

    Disapproves of CEO

McGraw Hill Financial Photos

MHFI employees in London celebrate the launch of the MHFI brand
MHFI employees in India involved in philanthropic activities
Newly minted open concept floorspace for S&P Capital IQ

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