IRI

  www.iriworldwide.com
  www.iriworldwide.com
There are newer employer reviews for IRI

 

good foundational learning for building a career in CPG industry

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee in Chicago, IL
Former Employee - Anonymous Employee in Chicago, IL

I worked at IRI

Pros

access to interact with top manafacturers in the industry

great place to start a career

lots of room for early advancement

Cons

limited investment back into new services

values outsiders over homegrown talent for most senior positions

years of operational cost savings have drained a significant amount of intellectual capital

Advice to ManagementAdvice

strive to become more relevant given your number 2 player status in the industry

No opinion of CEO

176 Other Employee Reviews for IRI (View Most Recent)

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  1. 2 people found this helpful  

    Started out well, but dissipated in the wheels of time and reorganizations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director, Analytics in Newark, NJ
    Former Employee - Director, Analytics in Newark, NJ

    I worked at IRI

    Pros

    - Wonderful work-life balance
      If you are married; have kids and want to slow down, you can hardly beat this place
    - Decent vacation / health / dental benefits
       Comparable with the rest of the industry
    - Opportunity to be exposed to various databases in CPG
       So much data, and you will learn if you put your mind to it
    - Global name recognition
       It gets you in the door with almost all CPG consulting companies
    - Smart people to work with
      Most people are good at what they do

    Cons

    - Disingenuous management
      Management decided to not hold a Town Hall when they decided to freeze salaries despite meeting 85% of the revenue target.
      Bonuses were not touched, that shows it is Sales Team that is taken care of, but not others below.
      Every year you spend in this company, your base salary will keep moving on a negative downward trend compared to CPG industry

    - Below compensation in CPG industry.
      You are guaranteed to be 10-15% below what you can command in another consulting/data services company.
      Your chances of getting a bonus every year is about 75%, and bonus will likely be at 2/3 of what you are slated to get each year. Company uses lofty revenue goals to trim your bonus pie.

    - Low merit increases
      Your yearly increase will not exceed 3%. If you scored average in performance review, it will be 2%.

    - Limited opportunity for technical skills growth
       If you like to grow your technical skills tool set, you will not get much here
       Most work is done by off-shore team,

    - New Private Equity firm will likely start a lay-off cycle if revenue targets are not met in 2012.

    - Technology is getting updated, but still behind competitors

    - Talent is moving to other companies after buy-out by the Private Equity Green Mountain. You will see employees in IBM/Demandtec, Market Share, Marketing Analytics, Accenture, and other top companies that used to work in IRI. This is not the place you want to grow your career, but rather a good transition to a loftier trajectory

    Advice to ManagementAdvice

    - Come out clean about how unprofessionally you handled yourself in 2011 Employee Relationship Management
    - Increase the compensation if you plan on holding talent. You can no longer aspire to bring in top talent in this vicious cycle of earnings increase at all costs in the short-term
    - Update technology faster or you will be behind the new data revolution
    - Make the Town Hall Calls more relevant and be honest about your intentions. You are losing confidence and trust of employees

    Doesn't Recommend
    Disapproves of CEO
  2. 3 people found this helpful  

    Great place to begin your career years 1-5; after that, consider moving to the manufacturer side.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Manager, Client Solutions in Chicago, IL
    Former Employee - Manager, Client Solutions in Chicago, IL

    I worked at IRI

    Pros

    Good work life balance.
    Eventually get the opportunity to work on some top CPG companies.
    Learn nearly everything about market research and decide your career path.
    Technology department thinks big and works to push out cutting edge solutions/software.

    Cons

    Salaries are relatively low which is a trade for work/life balance.
    Roles can be tedious if you don't have support staff (GOC/India or Service level help)

    Advice to ManagementAdvice

    Management already knows they need to focus on perfecting the latest technology (ILD/Advantage solutions).
    Stop dishing out high salaries to outsiders who have "consulting" experience and focus on developing your existing talent.
    Eliminate sales force redundancy. There's no reason to have four dogs fighting over one bone.

    Approves of CEO
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