Frank N. Magid Associates, Inc

www.magid.com
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Frank N. Magid Associates, Inc Reviews

Updated February 2, 2015
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3.1
12 Reviews
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Brent Magid
3 Ratings

Employee Reviews

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  1. Helpful (1)

    Not for slackers

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

    I have been working at Frank N. Magid Associates, Inc full-time (more than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Depending on the office you report to, Magid can be the most, rewarding, inspiring and collaborative place. Everything they do is in the best interest of their clients. The people on the team I work with are always thinking outside the box and make sure to go above and beyond and really help each other and get along. Really smart people work here!

    Cons

    A major part of what they do is understand consumer behavior. Unfortunately, consumers do not live, work and play in a 9a-5p window so this is not a standard office job. There can be late nights,long hours and a lot of travel. If you are looking for a job to clock in and out of, this is not the place.

    There are several offices and they all have a different vibe. A few are stuck in a rut and don't believe in training or innovating. Opportunities for growth also vary by office.

    Advice to Management

    Embrace training and look for ways to create more of team environment in all offices.

  2. Unique company with unique opportunities, but poorly managed

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

    I have been working at Frank N. Magid Associates, Inc full-time (more than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    There are many opportunities to work on unique projects with clients in all verticals.

    Cons

    Candidates within the company are often overlooked for new opportunities and positions. There is no formal training or hiring process. Communication company-wide is poor.

    Advice to Management

    Create a formal training process for new employees. Management should be more involved and have an understanding of employee workload, strengths, weaknesses, and goals.

  3. They're like my second family

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Frank N. Magid Associates, Inc

    Pros

    Workplace environment is all around great

    Cons

    No chance of having overtime

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Poor learning environment, little opportunity for growth, poor management

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

    I worked at Frank N. Magid Associates, Inc full-time (more than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Magid has a nice family-owned business. The CEO is a genuinely caring and nice person. The compensation is extremely fair, and overall the upper management is great.

    Cons

    Unfortunately, Magid is divided up into a few different offices. Each office is run by a Vice President (aside from the HQ in Minneapolis) and they determine the culture, structure, and rules at each location. This often results in confusion, disagreement between the management at each office, and a lack of standard ethical guidelines. Management is not offered any formal training, or given a set of standards that they are held accountable to. This often results in an unprofessional and intimidating working environment.

    In addition to this, Magid has little internal structure among the offices. Career growth is only obtained by working at Magid for a set amount of time. There is little to no difference between the duties of an associate and a director. This structure has created an abundance of Directors and Vice Presidents, and caused much hostility among those in these roles.

    Magid particularly struggles with work-life balance. One office in particular requires employees to notify everyone on the team if they will be away from their computer for more than two hours. This includes after business hours. The team is also required to respond to e-mails or HeyTell (a walkie-talkie phone application) at all times.

    Lastly, Management at Magid really struggles with creating a safe learning environment. Often times management openly discusses the "incompetencies" of a new employee with the existing employees. There is little to no room for error at Magid. By making a mistake employees are immediately reprimanded, often times very publicly.

    Advice to Management

    Overall, I would suggest formally creating and setting ethical standards that everyone in the company is held accountable to. By doing so, I believe Magid will reduce their turnover rate dramatically.

  6. Smart people, great capabilities

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

    I worked at Frank N. Magid Associates, Inc full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    The people that work at Magid are all very bright and are among the best at what they do. Magid has the capabilities to conduct all kinds of qualitative and quantitative research projects.

    Cons

    Since they have been in business for decades, they believe they can charge a much higher fee than competing research companies. If you are Managing Director charged with doing new business development, it is often difficult to close a new research account because of the fierce competitive landscape. There are so many research companies who are very willing to charge less for the same product.

    Advice to Management

    Consider being a bit more flexible in pricing projects.

  7. Helpful (1)

    Great learning opportunity but not a lot of organization

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

    I have been working at Frank N. Magid Associates, Inc full-time

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Its a great opportunity to work with and learn from some incredibly smart people.Work can be both independent and collaborative.

    Cons

    Internal communication and management communication leave much to be desired. There is no real formal training and sometimes few introductions. People working in different industries may as well be working at different companies because there isn't a usable, centralized source of information about projects, guidelines, etc.

    Advice to Management

    A company can be to 'flat.' Have more transparency with titles and organization and a more uniform introduction for new employees.

  8. Good and bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Communication Consultant in Marion, IA
    Former Employee - Communication Consultant in Marion, IA

    I worked at Frank N. Magid Associates, Inc full-time (more than 5 years)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Prestigious in that it is the #1 News Consulting Firm in the world.

    Cons

    Lot's of pressure to up-sell to your client stations.

  9. Helpful (2)

    Research Surveyor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Surveyor in Marion, IA
    Current Employee - Research Surveyor in Marion, IA

    I have been working at Frank N. Magid Associates, Inc full-time (more than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Friendly coworkers and the job responsibility is very easy. Te responsibility is calling numbers with the hopes of conducting a research study regarding tv programs and pilots.

    Cons

    The work hours are usually from 7-11:30 and you have to work on Sundays. Most people rather not be bothered during dinner hours (6-7 p.m.). Therefore, you may not get any surveys completed during this time. The pay is not the best, usually minimum wage.

  10. A good learning experience and an opportunity to learn about all forms of research as well as all media platforms.

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

    I worked at Frank N. Magid Associates, Inc

    Pros

    Fair management and great experience

    Cons

    Since they've been in business for over 52 years, they think they can demand a very large margin. This created problems for me as a sales person since I was constantly being outbid by a significant amount.

    Advice to Management

    Be consistent in how you price your projects among all MD's and consider accepting a lower margin.

  11. Helpful (1)

    Great place to work, but has it's problems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in Los Angeles, CA
    Current Employee - Director in Los Angeles, CA

    I have been working at Frank N. Magid Associates, Inc

    Pros

    In a word: learning. You cannot get out of the way of learning opportunities. It is expected that everyone working at the company will have an area of expertise, as such one is encouraged to develop the expertise. It is a highly entrepreneurial environment. If you have a good idea, then pursue it -- as long as your day job still gets done. Compensation and flexibility are awesome.

    Cons

    Internal communication and management communication are terrible. There is no formal training. No introductions. No centralized knowledge area where people can learn about projects, areas of expertise, etc. No company meetings. Essentially, you work as an independent contractor within a small company. It can be brutal.

    Advice to Management

    Make compensation and titles more transparent. Focus more on honesty with clients and less on the bottom line whenever possible. Do something to help centralize company resources.

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