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I worked at Emmis Communications full-time (More than 3 years)
In office fun and exciting atmosphere. Tons of concert, sports tickets available as perks. Meet celebrities every so often. World class sales training and coaching.
Typical office politics & managers playing favorites. Lack of promotion opportunities, (see point #1). Local managers are so out of touch with what's going on in the field, they still think it's the hayday of Radio and advertising money is free for the taking. (Think again) What have you done for me lately mentality. Managers make light of making you feel replaceable, not valued. Constant badgering and scrutinizing micro management if your team or cluster is far away from budget.
Advice to Management
If you want to retain top talent, your local managers need to be evaluated, scrutinized and replaced if unsatisfactory. I won the Emmis' top salesman award for the year and when I approached management about a lateral move to a better performing, more financially rewarding station, I was met with hostility, belittling attitudes and hostile sarcasm from my manager and the GSM about current performance until I quit. If that's living by the "Emmis Commandments", I wouldn't wish my enemies to dare work for you. Also from what I've heard from others who've stayed and others who've left, Emmis' culture has gone down the tubes. The fun work atmosphere had been sucked dry. Everything from lay offs of 20 year veteran employees, to a forced retirement. More or less it came down to local management, or mismanagement if you will. I would never work there again until I knew the current local management was gone.