Dow Jones Employee Review
Dow Jones – “Great place to work. Salaries .... ehhh.”
Pros
The brand. The name "Wall Street Journal" gets your foot in the door just about anywhere on the globe, particularly in financial centers. Good benefits for health coverage and a fairly generous 401(k) matching scheme and a money-purchase plan.
Cons
Salaries. They are sharply lower than one might expect of the premiere newspaper brand in the world. Colleagues who flee for the NYTimes, Bloomber and other major news outlets, as well as financially oriented PR firms, are earning gobs more. Personal friends are often shocked at my level of pay, given the prestige the WSJ commands.
Advice to Senior Management
pay your employees what they're truly worth and you won't lose them to the NYTimes and the PR field.
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