Platts Reviews

Updated August 30, 2014
Updated August 30, 2014
29 Reviews
2.8
29 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Larry Neal
11 Ratings

Employee Reviews

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  1.  

    Great co-workers

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

    I have been working at Platts

    Pros

    People are experts at what they do, very helpful in making you the best contributor you can be.

    Cons

    Compensation is not entirely controlled by your boss. The adage goes if you want to make a lot more money at Platts, you need to leave and then come back. Looks like they want to move most jobs to Houston which has left many DC-based employees discouraged.

    Advice to ManagementAdvice

    Be more straightforward about strategic plans with employees.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Go to Platts and die from mediocrity and angst

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

    I have been working at Platts full-time for more than 5 years

    Pros

    Great products but unethically marketed
    You have to buy from us - we own the assessment type attitude. See Monopoly.

    Cons

    Countless - you cheat your employees and customers alike. You enforce draconian rule over both pledging still yourselves as virtuous. Seriously, every employee knows your sale tactics and practices are seriously. Get your data from SnL, DTN, OPIS, Argus anyone but Platts. The monopoly needs to be reviewed by the justice department.

    Advice to ManagementAdvice

    Quit - you practice and mandate unethical breeches of trust with your employees and clients while saying we have great corporate values. You know that don't value your employees or your clients in this adversarial relationship you set up in your licensing where you force great charges and fees on very casual users. Platts has the compassion of a boa constrictor towards all people.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    The School of Hard Knox ...

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

    I worked at Platts full-time for more than 5 years

    Pros

    • Surround by great talent
    • Corporate provides great in-house training
    • Its a great learning & working experience
    • Never a dull moment – exciting experiences
    • Flexible with working from home when needed
    • Valuable experience - “If you make it at Platts , you can make it anywhere”

    Cons

    • Politics (before HR & Finance were controlling things have changed)
    • Change takes forever
    • UK employees think they are better than you
    • Taste of Corporate America – Cut throat (but prepares you for next opportunity)

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Company trying to adjust/adapt to its role as the Big Dog for its parent company.

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

    I have been working at Platts full-time for more than 5 years

    Pros

    The company has an excellent industry reputation, fantastic benefits, very fair pay scale, and great immediate supervisors. Constant training programs offered, company very cognizant of work-life balance.

    Cons

    Because it's part of a very large company, the inherent bureaucracy can get in the way of daily work activities. Not a constant problem, more of an annoyance.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great Fortune 500 Company, but as inflexible as that would imply

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

    I worked at Platts full-time for more than 3 years

    Pros

    Market leader in energy pricing assessments. Great way to get learn the ropes in energy pricing and gain expertise and contact. Outstanding benefits for employees, and interesting internal programs to reward high achievers.

    Cons

    Limited headroom for growth. Promotions difficult regardless of performance. Whatever your initial start compensation is, will be difficult to move up significantly without changing position. And often changing position will require you to move to an entirely new office. If you are not an editor, you will be treated like a second string player. Company is completely unwilling to consider any new ideas that are changes to their business model.

    Recommends
    Negative Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Shifting away from editors

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

    I worked at Platts full-time for more than 10 years

    Pros

    Competitive salaries, benefits, vacations and holidays. Possible flextime and telecommuting options.

    Cons

    US editorial positions are being cut. You could hold a position for years and be laid off at any time.

    Recommends
    No opinion of CEO
  8. 2 people found this helpful  

    Meh..its got potential

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

    I have been working at Platts full-time for more than 5 years

    Pros

    Some very smart people...learned a great deal

    Cons

    Too many chiefs not enough indians

    Advice to ManagementAdvice

    stop adding layers of management to increase efficiency

    Recommends
    Neutral Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    Not a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Field Marketer  in  Houston, TX
    Current Employee - Field Marketer in Houston, TX

    I have been working at Platts full-time for more than a year

    Pros

    Opportunity for international travel, managers spend a lot of money on team building team events, good place to get your feet wet if you are just out of college, exciting to work here because company is growing quickly

    Cons

    Management is top heavy and several key managers are ineffective, general lack of respect towards employees, no work-life balance, organization is flat so it's difficult to move up (lateral moves are diffificult, too, due to different office locations), salary is low compared to market, inadequate training (esp. for new employees), ineffective processes make work cumbersome/frustrating (employees work harder not smarter), HR seems to only support managers (and several managers lack integrity), good talent is lacking, lots of employee turnover due to low morale, and products/price assessments are only average and over-priced (not a good business model).

    Advice to ManagementAdvice

    Hire talent who can deal with a company growing quickly, work with different people, and empower employees. Get rid of managers who lack integrity as this contributes to the low morale and high turn over within Platts.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Not Terrible, Not Great Either

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Research Analyst  in  Boulder, CO
    Former Employee - Research Analyst in Boulder, CO

    I worked at Platts

    Pros

    Friendly environment with friendly people. Interesting projects with ability to contribute in a way that you find interesting. Name recognition within energy industry.

    Cons

    Managers are not very concerned with making it an interesting place to work. Some coworkers are not as sharp as you would expect them to be.

    Advice to ManagementAdvice

    Make an effort to attract a more diverse group of people. Try to place more extroverted people in managerial positions.

    No opinion of CEO
  11. 1 person found this helpful  

    Great Entry Level Job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Analyst  in  Westminster, CO
    Current Employee - Research Analyst in Westminster, CO

    I have been working at Platts

    Pros

    Great place to start. If you like coding and data work, this is a great place to learn. They will teach you a lot, and this job will look great on a resume for future jobs in this line of work. Very nice office. Other employees are very nice and very laid back.

    Cons

    This is a very specific line of work. If you don't like this sort of thing, then this will likely not give you much experience in other types of work.

    Unless you get a new position, you will not get a promotion or raise. No matter how much extra work and responsibility you take on, you will not get anything unless you interview for a new position in the company.

    Advice to ManagementAdvice

    Maybe take more more care of your employees. There is a general feeling that no matter what you do, it will not be recognized.

    Approves of CEO

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