McGraw Hill Financial Reviews

Updated June 25, 2015
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3.2
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McGraw Hill Financial President & CEO Douglas L. Peterson
Douglas L. Peterson
18 Ratings

Pros
  • pay, work life balance, corporate culture (in 27 reviews)

  • Good benefits like free museum admissions etc (in 28 reviews)

Cons
  • Work life balance is abysmal within specific HR Teams (in 9 reviews)

  • Senior management has no regard for quality of work but roll out programs just to meet KPI (in 14 reviews)

More Pros and Cons

86 Employee Reviews

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  1. Helpful (3)

    Great place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY

    I have been working at McGraw Hill Financial (More than a year)

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

    Pros

    The company is transforming itself from a text book publisher to an integrated solutions provider for financial markets, capital markets and commodities markets. It is exciting and challenging to be here - lots of innovation - hiring smart people. A nice work life balance. Managers tend to care about team members.

    Cons

    Processes are sometimes time-consuming and frustrating. The company has outsourced back office and the vendors sometimes are of little help - takes a long time/ frustration to get the answers.


  2. Helpful (2)

    Staid company, good benefits

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

    I worked at McGraw Hill Financial (More than 10 years)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Worked in the publications division for about 26 years, saw McGraw-Hill become MHFI. With the last McGraw in retirement, the company rebranded itself and jettisoned the publications in favor of being a pure financial ratings service. Medical plan excellent, salary bumps were modest but steady, 401K match better than most, charitable contributions good.

    Cons

    Sole-deadening place (See Styron's brief but deadly skewering of the place in Sophie's Choice). Depressing to see the dismantlement, piece by piece, of what was once a robust, respected assemblage of trade and business publications.

    Advice to Management

    You have responsibilities to three groups: your customers, your shareholders and your employees. Always keep them balanced. MHFI seems to be following the example of too many corporations, taking care of the folks in the C suite at the expense of the grunts on the shop floor.


  3. Good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Program Manager in New York, NY
    Former Employee - Program Manager in New York, NY

    I worked at McGraw Hill Financial full-time

    No opinion of CEO
    No opinion of CEO

    Pros

    Depending on management and drive there is room for growth.

    The company tries to keep employees engaged through Employee Resource Groups and Volunteer experiences.

    Cons

    Pay appeared to be below industry avg. Work/life balance seemed to be at discretion of individual managers. So if your manager didn't believe in W/L Balance, you didn't really benefit.


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  5. HR Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources Specialist in New York, NY
    Current Employee - Human Resources Specialist in New York, NY

    I have been working at McGraw Hill Financial

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

    Pros

    Great Culture and work/life balance

    Cons

    hierarchical strong and hard to speak freely sometimes


  6. Program Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in New York, NY
    Former Contractor - Anonymous Contractor in New York, NY

    I worked at McGraw Hill Financial as a contractor (More than a year)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Great location, talented people, competitive compensation

    Cons

    Some junior and mid-level executives play disgusting dirty politics. I offered resignation.


  7. Helpful (3)

    Strong business but confusion over HR strategy

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Specialist in New York, NY
    Former Employee - Human Resources Specialist in New York, NY

    I worked at McGraw Hill Financial (More than 3 years)

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

    Pros

    Excellent Brands, strong ethics and good management capability

    Cons

    Poor HR leadership with competition and politics dominating the agenda

    Advice to Management

    HT needs to focus on the needs of the business rather than internal politics.


  8. Helpful (3)

    Was great until they brought in terrible leadership

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Manager in New York, NY
    Former Employee - Human Resources Manager in New York, NY

    I worked at McGraw Hill Financial

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

    Pros

    The people are smart and the work is challenging. Great culture and there used to be the opportunity to build a lifelong, engaging career with the old S&P.

    Cons

    Brought in terrible HR leadership. All the good people are gone now.

    Advice to Management

    Return to your old values.


  9. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY

    I have been working at McGraw Hill Financial full-time (More than 5 years)

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

    Pros

    Favorable expected employment growth
    Fixed hours 9 to 6

    Cons

    Competition for jobs
    No ppportunities for advancement


  10. Helpful (1)

    Get out as fast as possible

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at McGraw Hill Financial full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Storied history and brand that you can leverage to get another job elsewhere

    Cons

    Too much to mention here, but in a nutshell, the company now has some activist shareholders from a hedge fund that have taken over a portion of the Board and now there is much more focus on cost cutting then before. Perhaps it will be good for shareholders, perhaps it won't, but either way, from the perspective of the employee, understand that your relationship with the company is much more transactional than before. Sadly, environment is much more cutthroat. Company is much more short term focused so don't expect them to invest in you or be loyal to you like before, so no need for employees to be anything else in return. Empty words from executives through their messaging departments have no credibility if they make any other pretense. Therefore, for an employee, best to look out for your own self interest. For more people, that means be on an aggressive job search to secure employment elsewhere and leverage the one strong point of working at this company (it's well known brand name) to get out as fast possible.

    Advice to Management

    Just break up the company into the business units and eliminate corporate executive management.


  11. S&P Capital IQ

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Product Manager in New York, NY
    Current Employee - Global Product Manager in New York, NY

    I have been working at McGraw Hill Financial full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Offers Opportunity to develop broad set of skill set if desired; interesting opportunities to work across different business units (S&P Dow Jones Indices, S&P Capital IQ, Standard & Poor's Ratings Services, Platts, JD Power)

    Cons

    Too many recent restructerings of the business/sales model with little long-term advantages at S&P Capital IQ because changes get undone in cycles
    S&P Capital IQ is a strong data player, but has little strength in analytical risk expertise



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