Penton - Becoming more focused and growth-oriented, attempting to tackle the digital content shift. | Glassdoor
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There are newer employer reviews for Penton

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"Becoming more focused and growth-oriented, attempting to tackle the digital content shift."

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  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Editorial Management in New York, NY
Current Employee - Editorial Management in New York, NY
Recommends
Positive Outlook
Approves of CEO

I have been working at Penton full-time (More than 10 years)

Pros

Most of its publications/products are leaders in their markets, which bodes relatively well for job security, although in publishing everyone's job is pretty vulnerable (see "Cons" below.)

Cons

Rooted in the publishing industry, which is going through some difficult times. Print products will likely continue to shed readership (and staff), and digital products just aren't picking up fast enough to absorb the declines.

Advice to Management

Accelerate inter-division cooperation on content and platforms. It seems there are a lot more opportunities to share selected content among different properties.

Penton Response

Aug 15, 2013 – Chief Talent Officer

Penton is transforming its business from a traditional business-to-business media company to a strategic information and marketing solutions company with 75 percent of the company’s profits driven by... More

Other Employee Reviews for Penton

  1. Helpful (6)

    "Why are you fighting for a failing company?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Disapproves of CEO

    I worked at Penton full-time (More than a year)

    Pros

    The people: talented individuals and some became friends. While there was no company culture, it was nice to hang on to the few people that helped you get through the day.

    Cons

    Pretty much everything:
    -Like you see in almost all reviews, the senior management needs to go. They are the ones that are dragging this company along and making life miserable for employees.
    -Salary and benefits could not be an worse. I can make more money anywhere else in NY without the stress of a terrible boss (VP) and always worried which day will be my last (I worked very hard and succeeded on various projects)
    -Human Resources should be called 'Throw your employees under the bus resources'. HR does NOT have your back - in fact, they will try to stab you in the back, specifically, the HR manager in NYC.
    -There is no social atmosphere, and you're even looked down upon if you have a personal conversation with a fellow colleague.
    -The products/magazines are old school, lack of interest in entire industry. Company is headed downhill.
    -Life is just miserable at Penton.

    Advice to Management

    If the CEO is smart enough, he would get rid of all the VP old timers. They do nothing for the company except suck money that the talented employees should be receiving. Actually, if the CEO was smart enough, he'd also sell the company and leave those VP's jobless because they don't deserve to make pennies when they treat employees like dirt. I'm also disgusted how the Chief Talent Officer always has an answer for the poor reviews Penton receives on Glassdoor. Stop trying to hide behind something that isn't working. Why are you fighting for this company when clearly you know that you are mistreating your employees who should be your top assets. So long Penton, see you in the sewers.


  2. Helpful (3)

    "Blue color factory jobs for most; elite opportunities for a few."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Penton full-time (More than 10 years)

    Pros

    Good place for media experience if you are early in your career. If you are hired in select offices, like NYC, and heavily involved in digital side, you have opportunities. If you are in legacy brands, print, production, other "cash cow" businesses, you are chopped liver. Lower level employees are given a lot of flexibility in terms of work scheduling, which in some cases partly makes up for other issues. New CEO is much better than the last one, but everyone expects him to be another short-timer with the company packaging itself up for another "transition" of some kind.

    Cons

    In most offices, not a good place for a long term career, job satisfaction. 401k matches have been nonexistent for over ten years. Pension plan was frozen, eliminated. Raises are very modest and promotions are rare. Many employees with 5+ years are likely to work for many years to come without any savings for retirement, and the younger ones will come to resent this as their tenure continues. Many employees see themselve sin "maintenance roles" not "building roles."

    There are exceptions as noted above, but those in print are usually "locked out" of digital opportunities as they are critical to what is left of print cash cow cash flow and are worked to death. Those on digital side will have to wait and see, but the company is clearly pointed to an all digital/event/data future with many fewer employees per revenue dollar. Anything it can outsource in the future will be outsourced. Content is given lip service but content producers will largely be worker ants/commodities in the future.

    Advice to Management

    No point in this. They already know it all.

    Penton Response

    Aug 15, 2013 – Chief Talent Officer

    Thank you for sharing.

    Penton is committed to fostering an environment that’s pleasant for it’s employees. We value the work that all of our employees deliver.

    Penton offers a wide array of... More

There are newer employer reviews for Penton
There are newer employer reviews for Penton

See Most Recent

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