Business Wire Reviews

Updated July 25, 2015
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62 Employee Reviews

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  1. Helpful (3)

    A mixed experience after 10 years promotions, salary and career growth are few and far between.

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

    I have been working at Business Wire full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Stable work environment with little fear of job loss.

    Cons

    Management's unwillingness to move beyond the wire and invest in future industry products. Pay is horrible and the raises amount to $1800 per year.

    Advice to Management

    Pay and invest in your employees. Even a mere $20k-$30k more per year will retain many employees. And at the very least boost the lowest morale I've ever been around.


  2. Helpful (2)

    Good benefits but low salaries and poor management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Business Wire full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    -Great health insurance, vacation, fitness, dental and vision allotments. -Good place to gain experience and learn

    Cons

    -Poor management -Very disorganized -Too corporate -Poor employee treatment -Not many opportunities for advancement

    Advice to Management

    -Raise employee morale -Make employees happy -Hire new managers/ leaders that know how to lead a company


  3. Helpful (1)

    Eh

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Editor
    Former Employee - Editor

    I worked at Business Wire full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Coworkers were nice and fun.

    Cons

    Everything else. Editors weren't treated very well by the company.


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  5. Good company but very little opportunity for growth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Business Wire full-time

    No opinion of CEO
    No opinion of CEO

    Pros

    - Coworkers in office were friendly. - Good opportunity for entry-level work. - Management does a decent job of keeping everyone updated of changes within the organization.

    Cons

    - Not a lot of opportunity for growth. Most opportunities only given to upper management - Management not open to new ideas. - Change in benefits offered had a negative impact on employee morale (such as time-off policies).

    Advice to Management

    Give employees (especially newer ones) a chance to share their FRESH ideas.


  6. Helpful (5)

    Not a place for a career or personal satisfaction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Business Wire full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The only good thing is that there is a paycheck and if you are virtually unemployable, then this is the place for you.

    Cons

    The salaries are low, and so are the raises/bonuses. There is no recognition for achievement. There is only criticism. Most people complain about the environment and their coworkers. Even the management will "prepare" you for working with another group by telling you that they are a bunch of idiots and can't do their job right. Every year the benefits get smaller or go away entirely. There are new rules about what you can't have or can't do or shouldn't expect. They expect all of their employees to try to screw them, so they take a very antagonistic approach to all of their employees, especially the non-management ones. Most everyone talks about the day that they will leave to find something better. The idea of a career is laughable.

    Advice to Management

    Quit being a "yes-man" to the CEO and start to tell her the truth. If she won't listen, find a way to get rid of her or leave like every other director has done the past year.


  7. Sales job that offers security and experience....most long term employees lack motivation!

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

    I worked at Business Wire full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    1. The people - The other sales people are honest, helpful and caring! They have a great team! 2. The Annual Sales Meetings - My favorite week of the year! I always left motivated and excited to continue working for Business Wire. 3. Benefits - Great vacation, health insurance, etc. 4. Work/Life balance - Worked 40 hours a week. 5. Direct/Regional Managers - I had a great direct manager.

    Cons

    1. Commission (very, very, very low compared to other companies in he industry) - The long term employees make a very high salary and get a lot of vacation, which creates a very unmotivated group of sales people. They need to increase incentives for the "hunters" to actually hunt. 2. Attitudes of Executives/Managers - I have heard high level managers laugh about firing employees at Business Wire. First of all, this isn't funny and is something that you should not be bragging about to your employees. Instead of working as a team and encouraging their sales staff, management criticizes and lectures them constantly. Work together to encourage your employees - people respond to enthusiasm and positivity MUCH better than criticism and negativity. 3. Business Development vs. Maintenance - Ask your employees what they want to do before assigning someone to a job that they don't want. There are too many maintenance personalities in Business Development or vise versa. These jobs require different personality traits. 4. Reward your BEST sales people - I have seen too many of the top sales people leave this company because they can make more money somewhere else. Make your top talent happy or you will spend more money hiring and training someone else.

    Advice to Management

    Stop laughing in front of your employees about firing people....it creates tension and insecurity in the workplace. Work on acing like a team and encourage your employees. Ask questions about a specific situation so you can understand why something happened instead of rushing to place blame.


  8. Helpful (2)

    Good for those who need a low stress, 9 to 5 job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in San Francisco, CA
    Former Employee - Senior Software Engineer in San Francisco, CA

    I worked at Business Wire full-time

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great balance between life and work Low-stress environment On-time pay Stable company

    Cons

    Low salaries Mundane projects Almost no opportunity to grow. An almost boring and dry environment. No free food. Not even tea or coffee. Just free water. Strict rules on vacation and time off. Huge gap between the senior management and employees. You conspicuously feel that they don't care about you.

    Advice to Management

    You need to value your human resources more. You need to give more authority to managers. Do not micromanage their simple decisions. Frugality is good as long as you don't lose your human assets.


  9. Helpful (1)

    Good company for the right people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in San Francisco, CA
    Current Employee - Senior Software Engineer in San Francisco, CA

    I have been working at Business Wire full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    These comments apply to the software development side of the company; your milage may vary elsewhere. Business Wire is very well established in its market, with a large lucrative customer base. Benefits aren't as good as they used to be (they dropped flex spending accounts and free coffee in the last couple of years), but still better than most companies of this size. Very family friendly workplace which rarely demands overtime, and which you get paid for when it does happen. Opportunities for career advancement are there if you do a good job and get along with the right people, and since most of the managers came up through the development ranks they are very knowledgable and sympathetic to developers. Company is very family friendly and flexible with regard to time off for family illness, maternity/paternity leave, etc.

    Cons

    To be blunt, salaries are a bit below industry average, and I don't think that is going to change. A lot of very good employees have left because they got better offers elsewhere. Company executive leadership doesn't have a good understanding of software and significant changes generally require very extensive cost justification which can prevent much-needed maintainence work from getting done. A lot of the software in use is very old and ought to be replaced but it doesn't get done for this reason.

    Advice to Management

    Empower CTO to really run the technology side of the company, rather than constantly keeping him under the thumb of non-techology professionals


  10. Helpful (7)

    Never seen so many good people leave

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Management in San Francisco, CA
    Current Employee - Management in San Francisco, CA

    I have been working at Business Wire full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Not much supervision so you are no micro managed, easy to take time off for vacations

    Cons

    Sales are at an all time low, employee morals is bad.. Most of us are unhappy and looking. We are losing business to our competitors and sales are down because we have lost a lot of money from the lengthy EDGAR filings and management is not making positive changes to reconcile this matter. Companies can now use social media to communicate company announcements which has had an impact on our revenue and it is here to stay. Unfortunately, our CEO is in denial! Management needs to make drastic changes to jump start sales if they want to turn the company around and do something to improve moral. I would like to leave, but fear that I would not be able to compete with other candidate since I have worked at this company for such a long time.

    Advice to Management

    Improve employee moral, ask employees for ideas, and ideas to increase sales, ideas to be a better manager and compensate your hard working staff.


  11. Helpful (8)

    Good people, bad company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Editor in Boston, MA
    Current Employee - Editor in Boston, MA

    I have been working at Business Wire full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    It is almost impossible to get fired - I saw a 15-year employee make serious mistakes on an almost daily basis, with little or no repercussions, before he was finally let go. He was demoted from supervisor to entry-level, but allowed to keep his supervisor salary.

    Cons

    There is a very obvious line between management and those below them. The people who make the decisions have no real idea who the people are who are being affected by those decisions. "Raises" were 1-2% at best per year - the company likes to play poor when they actually make a good profit every year. They dangle the possibility of bonuses like a carrot before a mule, taunting employees with the idea of extra money, then - on the rare occasion where they do deliver - it is generally so small it may as well not have happened.

    Advice to Management

    Don't forget the people who do the work. The company is based on putting out press releases - the people in the newsroom are your front line, most visible employess. Treat them with respect.



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