Economist Intelligence Unit

  www.eiu.com
  www.eiu.com

Economist Intelligence Unit Reviews

Updated November 20, 2014
Updated November 20, 2014
19 Reviews
3.2
19 Reviews
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Economist Intelligence Unit Chief Economist and Editorial Director Robin Bew
Robin Bew
2 Ratings

Employee Reviews

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  1.  

    Great job, difficult management to navigate

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

    I have been working at Economist Intelligence Unit full-time (more than an year)

    Pros

    Work - life balance
    Smart people
    Interesting topics
    Being part of the Economist Group
    Allows to make a career

    Cons

    Management (not senior management) is absent
    Compensation can be much better
    Benefits are not great

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    A great opportunity if you can handle the mismanagement.

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Washington, DC
    Current Employee - Anonymous Employee in Washington, DC

    I have been working at Economist Intelligence Unit as a contractor (less than an year)

    Pros

    The data, the reputation and the clients are all top quality

    Cons

    The active management of the organization is scattered, decentralized, and quite unorganized.

    Advice to ManagementAdvice

    Need to figure out how to organize themselves and the immense opportunities.

    Neutral Outlook
    No opinion of CEO
  3.  

    Slow paced environment

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

    I worked at Economist Intelligence Unit full-time

    Pros

    Very relaxed work environment, Amazing (former) CTO vision and direction for the group.

    Cons

    slow paced everyday work, slow paced technology growth. Subscription based revenue models are hit or miss yearly.

    Advice to ManagementAdvice

    Please understand that customer and client retention is only due to the values and opinions of editors and analysts.
    Do not expect a staggering increase in customer base or subscriptions when the company is deploying features and changes that are already present with rivals ( ex. event articles etc.)
    Expect an increase when you offer something new and innovative that rivals do not.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Good place for experience, not for growth

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

    I worked at Economist Intelligence Unit full-time (more than 5 years)

    Pros

    Excellent benefits.
    Bonus scheme sometimes makes up for below market salaries.
    Respected brand.
    Interesting products and smart analysts.
    Nice offices.

    Cons

    I really loved working here until things started to change and at first I thought the changes would help make us better, but I saw that it just enriched the top managers instead without increases to sales or salaries.

    Management is very top heavy. All the bonuses and training go to the top people.
    Negotiate up front for your salary as you can't expect increases outside of promotions.
    The culture is very cutthroat now with political connections up the chain your only way to advancement regardless of what you deliver.
    They hamstring Sales, making it hard to deliver on targets, then blame salespeople.
    Customers have shifted to a new place and EIU still doesn't get that.
    Senior managers tend to fail up.
    Senior managers are not your friends, never forget that.
    Products are outdated and competition from better funded companies is destroying sales, even if they won't admit it.
    The entire business model is dependent on The Economist's brand at this point. It's just not enough anymore.

    Advice to ManagementAdvice

    Start speaking to people who aren't buying your product. Stop spending cash on business class and put some into salaries to motivate the people who do the work. Invest in the products and delivery system to skate to where the market is/will be.

    Doesn't Recommend
    Neutral Outlook
  6.  

    It is good for a short period of time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Assistant in Washington, DC
    Current Employee - Research Assistant in Washington, DC

    I have been working at Economist Intelligence Unit

    Pros

    The work that you do is very interesting. You get to work on a wide variety of issues. They pay very well for contract work.

    Cons

    The management is disorganized and because of this you repeat a lot of work. They give a lot of contract work so you could have a lot of work one week and no work the next week.

    Advice to ManagementAdvice

    Overall the experience was great. I would improve the initial communication and make sure that you know what you want out of the project and how you wont id done before instructions are given to the lower level workers.

    Recommends
  7.  

    Great place to work

    • 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 Economist Intelligence Unit

    Pros

    Really smart, nice people
    Very high quality standards
    Decent management team

    Cons

    Sometimes very old fashioned in the way they manage
    Product set could use some updating
    Salary and incentive program are a bit under market
    Managers need better training on how to manage staff

    Advice to ManagementAdvice

    Give staff a clear idea about strategy and career path
    Update the product offering
    More competitive salaries would be nice

    Recommends
  8.  

    Learn and Leave

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

    I have been working at Economist Intelligence Unit part-time (more than 10 years)

    Pros

    A great place to pick up lots of analytical and writing skills early in your career and to work with mostly really lovely and interesting pople

    Cons

    Very poor salary and salary prospects--they pay all but the most senior employees like journalists but expect them to have the kind of skills that would get them a job either in a major financial institution or in an international institution.
    Too flat hierarchy at the bottom so career progression prospects poor but way too many layers and different management titles at the top

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Some good people but could be so much better!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Economist Intelligence Unit full-time

    Pros

    Strong brand
    Employees are bright young things
    Free magazines

    Cons

    As knowledge is your product, tell me, where is the knowledge management?
    Teams are isolated fiefdoms at war with each other
    Some employees are worked to death, others leave at 5pm on the dot (intelligence sweatshop)
    Online portal a graveyard
    Where are the women in senior management?
    HR alternates between being aggressive and indifferent
    No opportunities for promotion available

    Advice to ManagementAdvice

    Promote more women into senior management - it's not inspiring working for a company that doesn't make every effort to do this. Also why not reinvigorate the knowledge cafes or other KM initiatives to activate knowledge sharing? Someone with a global view is needed to fit some pieces of the puzzle as there's an incomplete picture at the moment.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Not reactive to market changes and need

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

    I worked at Economist Intelligence Unit full-time (more than an year)

    Pros

    I had a good mentor

    Cons

    Team are not connected and unwilling to help to build sales. Inflexible in many ways; old fashion and think that they are too premium. Not market competitive.

    Advice to ManagementAdvice

    Need to be less micro manage and listen to staff.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Surviving

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

    I worked at Economist Intelligence Unit full-time

    Pros

    Strong brand backing from The Economist and good client penetration/ retention on data services etc. Potential is there in other product areas such as events, content creation, research etc.

    Cons

    Always the afterthought of The Economist Group. Woeful underinvestment, little strategy beyond cost cutting, and unable to identify and create a management team which actually functions. Always chasing a short term revenue target. Wheels always reinvented in London, with no local empowerment. Poor incentives and rewards for management to manage and staff to produce/ sell.

    Advice to ManagementAdvice

    Get some proper management. Spend time on incentives and rewards, and encourage managers who build businesses not their own empires.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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