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Penske Media

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Penske Media

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Penske Media Benefits FAQ

Read what Penske Media employees think about benefits at the company.

The most popular benefits at Penske Media include Health Insurance, 401K Plan and Vacation & Paid Time Off. If you want to see a full list of benefits and perks at Penske Media listed by categories, head to their Benefits page. From insurance, health and wellness to vacation and more, find out what you could benefit from when working at Penske Media.

All answers shown come directly from Penske Media Reviews and are not edited or altered.

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9 English questions out of 9

March 5, 2021

What are perks and other benefits like at Penske Media?

Pros

A growing media company...a rarity these days. Some iconic brands. Great coworkers and teammates - made the long hours and High-five meetings a lot more bearable. It was great for the first year after acquisition - we were the shiny new toy. The honeymoon faded after that year.

Cons

Completely disorganized structure. Each brand seems to operate in a complete silo - I never knew what the other brands were up to even if we worked on the same floor. "Corporate" is rarely in person in NY - they seem like the almighty Oz. Never to be seen but all powerful. The company tells us about how profitable PMC is during town halls...yet benefits are marginal at best. We just got 401k matching and it's a paltry 1%. A company who espouses the importance of independent journalism...and then takes money from Saudi Arabia. HR. Is their only role to play bowling and Halloween parties? Maybe a process for employee reviews would be better use of time?

The company tells us about how profitable PMC is during town halls...yet benefits are marginal at best.

March 5, 2021

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November 17, 2020

What is health insurance like at Penske Media?

Pros

The work is fun. Employeed through COVID-19, company paid for all COVID related expenses (testing etc).

Cons

-401K matching is poor. -Health insurance isn't great. -Salaries are well below what they should be. -Zero room for growth, don't expect a raise without threatening to leave. -IT department takes 10 years to answer a ticket, and has massive blocks on the apps you're allowed to use. -HR has no idea how they employees actually feel about the 'positive changes they're making' -Editor in Chief of Variety was brought back after PAID administrative leave for negative talk to a person of color, staff was asked to move on. -I would go as far as calling the company sexist, they boast female empowerment on a C-Suite level, but little support underneath. -Upper management has no real connection with the entry/mid-level staff -Depending on which departments you enter, it's super cliquey and incredibly difficult to meet people. -Zero organization in the org chart, everyone does everything and titles mean nothing.

Advice to Management

N/A

Health insurance isn't great.

November 17, 2020

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October 14, 2020

Does Penske Media offer tuition reimbursement?

Pros

The offices were fantastic and had a very central location, the co-workers were so welcoming, I was given a ton of freedom and joined a small team that expected a lot from me so I was really able to show my skills!

Cons

Didn't get offered pay, but got school credit which is helpful

Didn't get offered pay, but got school credit which is helpful

October 14, 2020

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March 5, 2021

What is the retirement plan like at Penske Media?

Pros

A growing media company...a rarity these days. Some iconic brands. Great coworkers and teammates - made the long hours and High-five meetings a lot more bearable. It was great for the first year after acquisition - we were the shiny new toy. The honeymoon faded after that year.

Cons

Completely disorganized structure. Each brand seems to operate in a complete silo - I never knew what the other brands were up to even if we worked on the same floor. "Corporate" is rarely in person in NY - they seem like the almighty Oz. Never to be seen but all powerful. The company tells us about how profitable PMC is during town halls...yet benefits are marginal at best. We just got 401k matching and it's a paltry 1%. A company who espouses the importance of independent journalism...and then takes money from Saudi Arabia. HR. Is their only role to play bowling and Halloween parties? Maybe a process for employee reviews would be better use of time?

We just got 401k matching and it's a paltry 1%.

March 5, 2021

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March 15, 2020

What is paid time off like at Penske Media?

Pros

Company's response through COVID-19 issues has been really good. They have given us a lot of communication, implemented work from home notices and suspended PTO tracking so that we don't have to worry about not getting paid if we can't work because we are sick or have to take care of kids home from school. They really try to take care of their employees.

Cons

None. It's times like these that make us appreciate how PMC treats their employees.

Advice to Management

Keep it up.

They have given us a lot of communication, implemented work from home notices and suspended PTO tracking so that we don't have to worry about not getting paid if we can't work because we are sick or have to take care of kids home from school.

March 15, 2020

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9 English questions out of 9

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