Crain Communications Reviews
Updated May 21, 2012 – Reviews are posted anonymously by employees.
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www.crain.com
Company Rating Based on 22 ratings Employees say it's “OK” |
CEO Rating
Based on 9 ratings
President; Editor-in-Chief, Advertising Age, Crain's Chicago Business, Crain's New York Business, and TelevisionWeek |
Crain Communications has 253 connections on Glassdoor
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Pros
-for editorial staff, access and visibility to heavyweights in the niche you serve
-able to interact with and learn from senior leaders in your publishing unit
-very respectable benefits package, including profit-sharing
-relatively small, autonomous publishing units make it possible for individual contributors to make a big impact
Cons
-potentially very heavy workload, depending on the publishing unit
-accountability isn't flexible the same way job duties are
-effectively no face-to-face access to support staff, since they are based at corporate headquarters
-disruptive changes in the way people consume content has made the publishing industry more challenging and uncertain
Advice to Senior Management
-Make peace with your brother and either consolidate leadership or, at the very least, communicate more so that you can avoid each other's mistakes and benefit from each other's wins
-Hire someone to handle corporate communications
-Involve your publishing unit leaders more in organization-wide decisions so they can help you defend them
Pros
Strong balance sheet and overall financial position
Cons
Publishing/News industry is in transition.
Advice to Senior Management
Focus on leadership development.
Pros
Wide variety of titles and events in its global portfolio. Leader in various sectors. Work in print and online media.
Cons
Aging company with very poor development opportunities within the business. If you're under 40, you're talked to as if you're a child. When there are changes in the business, there is minimal support to assist with the transition. Poor holiday allowance.
Pros
you can work independently
people are nice
Cons
career prospects are poor
hierarchy
Advice to Senior Management
give me a break
Pros
You will definitely learn a great deal about journalism and about business in this environment, but don't pin your hopes on moving up the ladder, especially as the hiring is very slow. An internship is a good start, but it won't get you an "in." Use this time making good impressions and it may lead to an entry-level position which will get you an "in." They hire from their pool of entry-level positions, so do good work and be willing to learn, make suggestions, and challenge the way things have always been done.
Cons
Sometimes they don't appreciate really good workers, and cut out positions regardless of the need within a department. But compared with elsewhere in the industry, especially non-trade pubs, it's not so bad.
Advice to Senior Management
Appreciate the talent coming into your intern pool. You could be losing them to bigger publications and competitors, especially if they felt like they weren't treated well by management.
Pros
Some very bright managers just below the ownership level.
Cons
Inability to evolve to meet changing market conditions.
Advice to Senior Management
Create a companywide management culture while retaining editorial independence at each unit.
Pros
There are some awesome people and great talented journalists.
Cons
No team spirit. Treats only a select few people very well and the majority poorly.
Advice to Senior Management
Acknowledge and reward talented people who play by the rules
Pros
Rance Crain is a class act, too bad he is not the real CEO. A really good finance team, with a great budgeting system. A profit sharing system in good years. A little pension plan, (great if you are a Crain lifer)
Cons
In May 2009 implemented a 10% pay cut they held in place for 15 months killed morale. The company also drove out some really good talent due to personality conflicts. Never seemed to have stability in the Audience Development department, compared to other cross departments .
The company plays it's favorites, and in recent years it has lost very "good" talent due to mismangement.
Also many executives/publishers are very arrogant when they do not need to be.
Pros
Excellent place for developing talent. Lots of opportunities for writing interesting stories. A very talented staff of writers and editors.
Cons
There aren't a lot of opportunities for full-time employment there, most temporary and intern work. Budget for salaries seems tight.
Advice to Senior Management
You have a real gem of a publication here with an incredibly talented and motivated staff. Make sure you keep fighting for the resources to make sure they thrive.
Pros
Crain has decent employee benefits and its employees are quite nice. There is no CEO but the company is essentially run by two brothers, one of whom, Rance is a decent guy but somewhat pulled back from managing. The profit sharing plan was once exemplary but hard times have eroded it. Likewise, bonuses are no longer generous the way they once were.
Cons
Senior management is arrogant and lacks vision. As a result, this company is no longer a good place to work. It is mainly riding on a reputation built before the existing company leader took over. This is no place to work for any young person hoping to build a career. It also isn't a place for any executive over 50 to be since executives tend to get bounced once they cross the 50 mark.
By the way, this site presents Rance Crain as the company leader. His brother Keith is the leader.
Advice to Senior Management
Bring in some fresh blood and that doesn't mean members of the Crain family. You need new ideas and vision and change. You can't cut your way back to your glory days.
