Dow Jones Reviews

Updated May 9, 2015
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3.0
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William Lewis
3 Ratings

Pros
  • The pay was on par - Work -life balance respected (in 27 reviews)

  • Good benefits and profit sharing (in 26 reviews)

Cons
  • Senior Management makes decisions in a bubble with zero understanding as to how they will affect our clients (in 20 reviews)

  • from supervisor level who are young kids straight out of college running the show for the departments to upper management this company is a joke (in 15 reviews)

More Pros and Cons

15 Employee Reviews

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  1. Product Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in London, England (UK)
    Former Employee - Product Manager in London, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Dow Jones (More than 10 years)

    Pros

    Interesting products and mostly nice, hard -working people despite appalling management (during previous CEO's tenure).

    Cons

    Lack of direction, huge problems due to previous CEO.

    Advice to Management

    Concentrate on key products - news wires, WSJ, Factiva and Watchlist and rip out the rest to start again.


  2. A sad tale of decay, erosion of quality collegiality and market leadership

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Editor in London, England (UK)
    Former Employee - Editor in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Dow Jones full-time (More than 10 years)

    Pros

    The primary attraction, in my view, of working at Dow Jones centred almost entirely on the strength of collegiality fostered in the long-held culture of Dow Jones (including Dow Jones Newswires and to an extent The Wall Street Journal). The wide-ranging effects of this culture included: a seemingly limitless supply of implicit and explicit willingness to engage in educational sharing; the capability to conceive and/or undertake almost any project because one could rely on ad hoc assistance from colleagues in the four corners of the globe, whether one was acquainted with them or not.

    Cons

    In recognising that DJ needed a no-holds-barred overhaul, it appears management fluffed the execution. Too many of the wrong sorts of changes were made which--new CEO Will Lewis himself admitted, in his first London 'town hall'--were not the changes required and even then, went too far. These changes related to both the tone of the ethos which management objectified to employees, and perhaps more importantly a similar change in the ethos which was mediated to clients, subscribers and other types of customers [particularly on the institutional side.] There was an increase in inflexibility, imperiousness, distance [vis-vis internally, this was evidenced in an entirely new layer of middle management] a decrease in apparent fostering of internal mobility, decreases in emphatic meritocracy and an increase in cliquey types of overall corporate culture. It's true that these sorts of issues have always assailed all types of corporations everywhere, and perhaps more so in the last few years as a consequence of economic retrenchment, however, Dow Jones has clearly existed through dozens of economic downturns whilst managing to maintain both a beneficent air of independence, and abstraction from prevailing types of corporate cultures which are unlikely to foster impartiality as an end in itself.

    Advice to Management

    Strangely enough, having effectively 'not listened' for several years, it's possible that management is finally (back) on the right track. It's likely that the trajectory [over the next few years] of current remedies and outright corporate adjustments which have still yet to be made will be a fair judge of whether the newer leadership has truly accommodated itself to the task of saving Dow Jones & Co. and the august principles that it represents, or whether what is being witnessed is the next stage in what had looked suspiciously like preparations for a de facto disposal (sale) of assets and very likely, with them, a bunch of principles too.


  3. Helpful (2)

    Sales

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in London, England (UK)
    Former Employee - Sales in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Dow Jones full-time (More than 5 years)

    Pros

    Good People Fun Environment Commission (you can get paid for simply showing up)

    Cons

    No Career Progression Lousy managers (Mostly Lazy) Low Pay

    Advice to Management

    Invest on thee good people before you lose the few good ones left!


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  5. Helpful (2)

    used to be better before the recent changes

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Dow Jones full-time (More than a year)

    Pros

    good brands, nice people, good benefits.

    Cons

    don't see myself being here in the long term due to constant changes/restructuring

    Advice to Management

    just because the employees have been here for 10+ years mean they deserve to be promoted, the world if changing and they're not.


  6. Helpful (1)

    CEO needs a reality check

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Dow Jones full-time (More than a year)

    Pros

    - Nice people - reasonable benefits and holiday allowance

    Cons

    - Changes made to processes with absolutely no consultation or communication so when you do something one day it's fine, when you do it the next, all of a sudden the process has changed and you are told to do things a different way. A lot of the time, these changes are detrimental to the side of the business who have to do the work and there is nobody to listen to our opinions - CEO has no idea of what is necessary and what is just extravagance - Pay is low - while holiday allowance is reasonable, the chances that you get to use it all is pretty low

    Advice to Management

    Stop spending the company's money on useless things like coffee machines, free snacks, and chandeliers and put it into your staff and products. Listen to your staff, ask their opinion, take it on board and act on it. And most of all, be a bit more humble.


  7. Helpful (2)

    Account Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in London, England (UK)
    Former Employee - Account Manager in London, England (UK)
    Doesn't Recommend
    Disapproves of CEO

    I worked at Dow Jones full-time (More than 5 years)

    Pros

    - good work/life balance - international workforce - chilled atmosphere

    Cons

    - low pay - stagnant business so not many opportunities for growth - no international mobility - bad management - no accountability for bad management decisions (nobody gets fired)

    Advice to Management

    Draw a viable strategy for the business and stick to it. Once a year management would come up with a restructuring / change of direction to the business only to find out one year later that it is not working...


  8. Great place to work, everything moves real slow though

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Journalist in London, England (UK)
    Current Employee - Journalist in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Dow Jones full-time (More than 10 years)

    Pros

    Good, smart colleagues, relaxed atmosphere. Proud to work here.

    Cons

    Strategic lethargy. Would say more action required, less talk, but there isn't even a lot of talk.

    Advice to Management

    Be bold!


  9. interesting experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Intern - Risk and Compliance Intern in London, England (UK)
    Former Intern - Risk and Compliance Intern in London, England (UK)

    I worked at Dow Jones as an intern (Less than a year)

    Pros

    Great atmosphere and coworkers Breakfast meetings where top management speaks about the direction of the firm Flexibility of working hours Work with teams internationally

    Cons

    Work is monotonous, mostly doing the same thing just different projects


  10. Good to have on your resume.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reporter in London, England (UK)
    Former Employee - Reporter in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Dow Jones full-time (More than 5 years)

    Pros

    - Big-name news organization - In-house training provided - Good people to work with/work atmosphere - London office located in the heart of the business district

    Cons

    - Now owned by News Corp. - Petty time-off battles against Bloomberg. - Very little succession planning (promotions to reporting positions arbitrary with little support given) - Preference given to Americans for promotions or foreign assignments.

    Advice to Management

    Instead of trying to out-innovate Bloomberg, how about tackling news in a more aggressive manner (as Bloomberg does) and remunerate reporters based on how many times their items were read (as a bonus).


  11. Helpful (2)

    Not going through a good phase

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Dow Jones full-time

    Pros

    Some fabulous corporate products and a history of collaborative working with very bright, professional people who have an excellent rapport with, and concern for, their customers.

    Cons

    Frequent reorganisations. Top-level management not positively viewed, to put it mildly.

    Advice to Management

    Reinstate collaborative culture, show respect, listen. Focus attention on those parts of the business which really need radical change.



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