Investors Business Daily

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Investors Business Daily Reviews

Updated July 10, 2014
Updated July 10, 2014
11 Reviews
2.6
11 Reviews
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William J. O' Neil
5 Ratings

Employee Reviews

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  1.  

    Good place for the bare minimum. Employees don't seem to work that hard because management doesn't seem to care.

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

    I worked at Investors Business Daily full-time

    Pros

    Access to investing products is the key benefit, if you're interested. The basis of the company is teaching the average person to learn how to invest in the stock market, so you have all the tools you need.

    Cons

    No 401K match. The culture is lacking of motivation and energy. Many have been here since the company began and have no interest in growing personally or professionally.

    Advice to ManagementAdvice

    Fire people who do not do their jobs well and create an environment that people want to spend time in.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    Hard working people looking for upward mobility need not apply

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    I worked at Investors Business Daily full-time for more than 3 years

    Pros

    Good starting salary for an entry level employee with little to no previous job experience. Great opportunity to learn the CAN SLIM investing system and the overall market. Good location.

    Cons

    To some extent, I agree with the previous reviewer who labeled IBD "soul sucking." Although it's an interesting industry, there is a caustic company culture and depressing environment which has created a level of morale so low that employees simply stop trying. There is incredibly high job security, but this has more to do with IBD's reluctance to fire incompetent people than the company actually doing well financially. With no company growth and the absence of turn over in their bush-league management team, employees quickly realize there is no real room for upward mobility. Employees would be best served to take the job, quickly soak up all the investing knowledge, and get out before their work ethic and attitude gets pulled down with the rest of the company.

    Specifically in regards to salary and benefits: the starting salary for an entry level position is competitive, but you can expect to earn that same amount for the next 10 years. There are no raises for performance or for increases in cost of living. Health benefits were impressive 5 years ago, but in the last year have come at a significantly higher cost to the employee. No blaming Mr. O'Neil... I'm pretty sure we can thank President Obama for that.

    As a last note, the office itself needs a serious face lift. The cubicals are small, old, and incredibly dreary. Good luck holding on to any of your pride there.

    Advice to ManagementAdvice

    Do the company a favor and let yourself go. The only thing that's going to turn the company around and keep it afloat following the death of the O'Neil benefactor is a serious employee shakeout - from management all the way down to the accounting minions.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    You will learn a lot but climbing up the ladder is very tough.

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

    I have been working at Investors Business Daily full-time for more than 3 years

    Pros

    You will learn how to invest in the stock market and you will make money doing it if you want to learn.

    Cons

    You can get stuck in a position or department very easily and its hard to grow within the company

    Advice to ManagementAdvice

    Don't let your employees become to stagnate.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Great place to learn about investing, no matter what your position.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Online Ad Sales  in  Los Angeles, CA
    Former Employee - Online Ad Sales in Los Angeles, CA

    I worked at Investors Business Daily full-time for more than 5 years

    Pros

    Great people, great produces, great work life balance. It depends what department you are in, but I found IBD a great place to work with really nice people. They also want all of their employees to be aware of the market and the CAN SLIM investing system, so if you are interested in the market it is a great place to be – they will educated you and give you tools for free. Also, unless you volunteer to work seminars or something, there are not many “late nights”, for the most part everyone gets out on time.

    Cons

    No 401K match, a lot of employees seem to be stuck in a rut and unable to move up unless someone else leaves or retires. Company offers fair compensation, but can also be cheap at times. This may be obvious, but company success depends a lot on the market doing well and company is still partial tied to print, which is kind of dying.

    Advice to ManagementAdvice

    It would be great to have more team builders to boost morale, anything to get people up and out of their cubes every now and then. Also, I realize the company is not exactly exploding, but I would also encourage more promotions and rewards for top talent, to keep them around and make them realize they can grow at IBD.

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    This job stole my joy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Representative  in  Los Angeles, CA
    Former Employee - Sales Representative in Los Angeles, CA

    I worked at Investors Business Daily part-time for more than 5 years

    Pros

    Flexible Schedule. This job was great at first, because you could come in whenever you wanted to. They used to have great, quality leads.

    Cons

    Sole sucking, degrading, sometimes only made minimum wage. After Obama got elected, it seemed that Mr. Oneil was so mad at the world that he stopped buying leads, and raised the price of the product making it almost impossible to sell.

    Advice to ManagementAdvice

    Treat the employees with respect

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Harmonious, flexible, friendly environment

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

    I have been working at Investors Business Daily full-time for more than 8 years

    Pros

    Nobody fights, no bureaucratic battles or rivals, everyone accommodates everyone else
    Nice flexible atmosphere - if you want to go out and get coffee or shop or work late, you can

    Cons

    Limited expense budget and variety of experiences available
    Only the top story of the week gets rewarded, a consistently above-average performance is treated same as average or low-performing

    Advice to ManagementAdvice

    More ambition!

    Recommends
    Positive Outlook
  8.  

    The people are easy going for the most part and are happy to be there.

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

    I have been working at Investors Business Daily full-time for more than 5 years

    Pros

    As a reporter, I am constantly learning new things and finding new challenges.

    Cons

    Some of the people I work with are very dense, unmotivated, just go through the motions, do the minimal to get by and don't seem to have acquired much knowledge or experience despite being there more than 20 years.

    Advice to ManagementAdvice

    Get rid of the dead weight. Make the editors come up with story ideas for the daily coverage and the special sections and not just the reporters. Make the editors contribute stories for the web and special sections not just reporters. Make the web producers use the web site as though they were customers so they can see how user-unfriendly it is and see how difficult it is to find info.

    Recommends
    Neutral Outlook
  9. 1 person found this helpful  

    Good

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

    I have been working at Investors Business Daily

    Pros

    Job stability, Flat hierarchy in management, Annual bonuses and best of all, get a close look to learn this well-proven CANSLIM system for stocks investment.

    Cons

    Not using the cutting edge technology in most of the projects. Lack of cohesiveness among management in different departments. Don't expect the salary raise every year.

    Advice to ManagementAdvice

    When working on project which needs cooperation from different teams from different departments, management in different department could be more cooperative to each other, result oriented, delivery-driven with the end goal of finishing the project / product with the highest possible quality without bringing their pernonal agenda in between.

  10. 1 person found this helpful  

    Not good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Software Engineer  in  Los Angeles, CA
    Former Employee - Senior Software Engineer in Los Angeles, CA

    I worked at Investors Business Daily

    Pros

    You get to learn the CANSLIM system of investment. Job stability.

    Cons

    The Management here is not result-oriented and the managers have their own personal agenda. So they do not cooperate well with other departments. They use outdated technologies and do not have interest even to upgrade. There is little to none scope of growth. Innovative and smart people are suppressed. If you are very smart you don't get the job because they do not want to hire smart people at-least in IT. You can get away with doing little work and just relaxing. People here have very high egos. The manager gives reviews to people working for him and always try to put them down. How come the higher management is not interested in taking the reviews about managers from employees.

    Advice to ManagementAdvice

    Come down and look what is going on at the managers level. Take reviews from the lower level employees regarding their managers and they will tell you what exactly is going on and how badly they are being treated. Keep your personal agendas aside and move the company forward. Use the skills of your employees and move to cutting-edge technologies. Do not ruin your employees careers by sticking to old technologies and resisting to move to new technologies. Hire smart people. Treat employees with respect.

    Doesn't Recommend
  11.  

    GREAT PLACE IF YOU WANT TO LEARN SOUND INVESTING PRINCIPLES

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - National Sales Manager  in  Culver City, CA
    Former Employee - National Sales Manager in Culver City, CA

    I worked at Investors Business Daily

    Pros

    Opportunity to talk directly with Bill O'Neil.
    Access to good investing resources.
    Great education in investing.
    Free papers.

    Cons

    No upward movement. In something like 6 companies, I counted nor more than 8 V.P.s. O'Neil hates giving people titles because he hates paying them what they're worth. "Successerisms" line the main hallway...but the company's culture is precisely the opposite. Innovate, smart & entrepreneurial people are forced out and "yes (wo)men" are elevated.

    Advice to ManagementAdvice

    When Bill dies, get someone other than his son to run the company.

    Doesn't Recommend

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