IAC
3.1 of 5 98 reviews
www.iac.com New York, NY 1000 to 5000 Employees

IAC Reviews

Updated Jul 7, 2014
All Employees Current Employees Only

3.1 98 reviews

                             

80% Approve of the CEO

IAC CEO Greg Blatt

Greg Blatt

(20 ratings)

59% of employees recommend this company to a friend
98 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "There was a great work/life balance and true feeling of appreciation for employees"
    in 9 reviews
  • "Great people, good benefits, and the most beautiful building in Chelsea"
    in 7 reviews
Cons:
  • "Not a lot of room for growth; senior management is out of touch with the office; promotions are based on favoritism; compensation is not competitive"
    in 7 reviews
  • "in addition, there continues to be a huge lack of communication between different teams"
    in 4 reviews
  • Show more review highlights

Reviews

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    2 people found this helpful  

    Great parent company, disorganized division

    Director of Marketing (Current Employee)
    New York, NY

    ProsGreat building, fantastic perks, young, smart and fun colleagues, diverse businesses, great reputation, solid, reliable business model, good corporate energy

    ConsDisjointed sub-divisions, poor management within those divisions, lack of communication and very little incentive to be more efficient and very little recognition of accomplishments and dedication.

    Advice to Senior ManagementTake a look at the management running some of your divisions. See to it that talented people are utilized to their fullest capacity, encouraged to be proactive, and rewarded for doing a job well.

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    Great for skills and resume-building experience

    Intern (Former Employee)
    New York, NY

    ProsVery smart people, generally very helpful and on the same page. Concerned with making sure work gets done in an efficient manner. Informal development incredibly effective.

    ConsLower compensation than some other comparable jobs, though not embarrassingly so. Formal development opportunities could be better.

    Advice to Senior ManagementHave a strong strategy for short, medium, and long term. Ensure that employees are communicated with proactively, not just in response to events, if business outlook and processes change.

    Yes, I would recommend this company to a friend

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    A changing environment

    Anonymous Employee (Current Employee)

    ProsRelaxed and casual place makes it easy to focus on work. Friendly employees. Diverse work force, in age and ethnic backgrounds.

    ConsSteady reorganizations and changes in management can be disconcerting. Changes in vision take time to develop and get communicated throughout organization.

    Advice to Senior ManagementFind ways for all employees to communicate with top management (anonymously, if possible). Lots of people have good ideas and feedback to share, but lack effective upward communication paths.

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Downhill all the way..

    Anonymous Employee (Former Employee)
    Edison, NJ

    ProsYou will definitely have an opportunity to get your feet wet and learn a few things particularly if you are in the early stages of your career

    ConsThere was too much politics being played out in the company and very little time spent in actually working towards achieving the stated objectives

    Advice to Senior ManagementGet people who actually have leadership and management skills to manage the people. And try to implement a meritocracy, favoritism is bound to take the company down.

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    Extremely dysfunctional business with horrendous leadership

    Director (Current Employee)
    New York, NY

    ProsIn the correct corporate function, this can be an excellent place to build your resume and show you worked at rapidly growing sexy internet business which comes complete with an excellent calling card to meet starving startup businesses and the VC community. The people at IAC are ordinarily the smartest in the room. Work life balance is a priority and compensation is competitive.

    ConsWhile Diller and his cabinet are sophisticated deal makers they are absolutely terrible business managers. For this reason, the business has had no strategy for well over 2 years and the firm is a dysfunctional disaster of arrogant entrepreneurs trading at 3.5x earnings (versus 6.5x of comparable businesses). The corporate environment has no teaming and it is an every man for themselves competition.

    Advice to Senior ManagementPut in place older and more seasoned business managers with experience in large organically growing businesses. Or, dividend the cash and sell the business to a PE at a hight stock price while there is still an IAC business model.

    No, I would not recommend this company to a friend

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    Decent, Well-Paying Gig, but Best for the Self-Directed

    Manager (Current Employee)
    New York, NY

    ProsIAC is an innovative place that feels more like a startup. If you have an idea for trying something new, people really do listen. This is a place for someone who is self-directed and doesn't need much hand-holding. The salary and benefits are quite good, and most of the people who work for the company are smart.

    ConsYou may not need much hand-holding, but you would still like a little attention. Knowledge sharing is minimal. If you are fine with doing your own thing, you will thrive. I have a good supervisor, and I'm with a good team, so I get regular feedback. I consider myself lucky because that hasn't been the case for others I know. You really have to work hard to build relationships--if that isn't easy for you, then don't work for IAC. You may also catch some static when you work with other teams. Since the work environment is not as cohesive as it is in other places, it all depends on how that team is run.

    While the benefits are good, HR seems unusually disorganized (note "most of the people" comment above). I've worked for large companies, and they need to make sure they deliver on all the benefits they offer. Sometimes, it is just a matter HR not processing paperwork. When dealing with IAC's HR, it pays to be aggressive. I haven't had issues precisely because I knew going in that I needed to be direct with HR, but some people have had trouble. However, HR in NY is aware of their problems and is making changes.

    Advice to Senior ManagementSenior management seems talented; however, they are easily distracted and spread themselves too thin regarding projects. With a little more focus, the results could be phenomenal. That statement reflects my review of Mr. Diller.

    Yes, I would recommend this company to a friend

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    a small company with not much growth

    Software Engineer (Current Employee)

    Prosrelatively small company. It is easy to be involved in various projects. Colleagues are easy to work with.

    Consno more growth. Talents are leaving.

    Advice to Senior Managementdon't know what to so. The company focuses on a field that needs a lot of talent. Unfortunately, it cannot attract many now a days.

    No, I would not recommend this company to a friend

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    Fragmented company with poor senior management; Good opportunity for growth

    Ad Sales (Former Employee)
    New York, NY

    ProsIAC owns some of the internet's top brand name websites, and being an internet company, employees have access to the best technological resources. Even though IAC is a large company, it feels like a small start-up with excellent benefits. The opportunity for growth is very good and salaries are decent. There is also opportunity to move between brands.

    ConsIAC is run like a stock portfolio (i.e. brands moves freely in and out). On an operational level this makes it difficult to share resources among the brands and hinders free flowing communication. Ultimately, the inability to gain economies of scale hurts their bottom line. Since the brands are run separately, employees’ experiences vary widely from division to division. From an ad sales perspective, the sites are transactional and lack editorial content, which makes attracting brand advertisers difficult. Senior management lacks vision and the ability to communicate their goals and objectives clearly. In addition, senior management changes their strategy dramatically from quarter-to-quarter. Frequent reorganizations create high turnover and further contribute to the lack of clear goals.

    Advice to Senior ManagementDefine a clear direction for the company and make a permanent investment in your brands.

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    1 person found this helpful  

    Company has lost direction and is being driven into the ground one bad decision at a time

    Anonymous Employee (Current Employee)
    Oakland, CA

    ProsStable job, decent pay and benefits, fellow employees

    ConsIncompetent management. Constant site redesigns and shifts in strategy. Employees stretched too thin which impacts the quality of the product. You won't survive here if you're not a Yes man who strives to be part of the inner circle. Morale is low.

    Advice to Senior ManagementFocus on a few strategically sound initiatives. Keep a long term view instead of looking for quick fixes to drive revenue. Set realistic timing and goals for initiatives while providing appropriate resources.
    A poor economy does not provide an excuse to push employees to the breaking point.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Good, solid place to work. Not as much excitement as expected.

    Anonymous Employee (Current Employee)
    New York, NY

    Prosthe independence granted to employees to manage themselves and their projects, the perks (free food, great building, good benefits, etc.), and the people.

    ConsNo aggressive incentives to advance or grow professionally.

    Advice to Senior ManagementSome senior management is exceptionally competent, others are far below standards. The inconsistency makes it hard to carve a clear path for advancement or even understand what your day to day goals should be.

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