IHS Reviews | Glassdoor

IHS Reviews

Updated May 19, 2017
125 reviews

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2.0
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IHS President and Chief Executive Officer Jerre Stead
Jerre Stead
22 Ratings

125 Employee Reviews

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  1. "Intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Hours were good for me

    Cons

    pay was not good for me


  2. Helpful (1)

    "Marketing Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Englewood, CO
    Former Contractor - Anonymous Contractor in Englewood, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at IHS as a contractor (More than 3 years)

    Pros

    Jerry Stead (CEO) is terrific

    Cons

    Constant reorgs due to acquisitions.

  3. Helpful (1)

    "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Surrounded by smart and thoughtful coworkers

    Cons

    Too many acquisitions to integrate


  4. Helpful (7)

    "lack of leadership, too many acquisitions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Director in Houston, TX
    Former Employee - Sales Director in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Reasonable salary, annual leave, benefits

    Cons

    no direction, hard to do business, unorganized, too many business units, poor management

    Advice to Management

    Make it easy to do business, take away all the silly policies that make it hard to do business.


  5. Helpful (12)

    "6 years, no loyalty from management or team. Be ready to worry about your job every quarterly earnings results..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Support Engineer in Denver, CO
    Former Employee - Applications Support Engineer in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at IHS full-time (More than 5 years)

    Pros

    Pay was very competitive, insurance cost very low, bonus' still given out, and very fast paced work environment. Management style promotes hands off(to a fault)

    Cons

    Management only worried about bottom line, mentoring non-existent, watch out for the white boxes every 3 months when the stocks drop in price. The acquisition rate was so fast that they never fully got integrated. If you disagree with anyone above you watch your back.

    Advice to Management

    Care a little and don't get complacent with your team and care about them as people not just another company assert.


  6. Helpful (15)

    "Zero culture- the office felt like an asylum"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at IHS full-time

    Pros

    working with some of the brightest people in the country. plenty of seminars and presentations to learn other areas outside of your expertise.

    Cons

    Zero transparency with higher management. only talked to my manager once a week, if even.. culture is non-existent-- felt almost dungeon like. minimal training. minimal collaboration.

    Advice to Management

    Lighten up, get to know your employees. Focus on team building and support. communication is the biggest issue.


  7. Helpful (17)

    "Director of Sales"

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

    Pros

    Paychecks show up on time although each year the strap you with an unachievable goal so they don't have to pay you what your target is

    Cons

    The worst executive team I've ever run into in my 27 year career. I worked there 7 years and each year they would give us a new VP that was even more clueless than the one the replaced. The administrative burden kills sales people and the clients are treated like they are the problem!

    Advice to Management

    Turn your focus away from an operational focus and trying to survive the next reorg and go see clients for a taste of reality. Your products don't deserve the prices you are trying to sell them for because besides energy, they are me too at best.

  8. Helpful (14)

    "Senior Manager"

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

    Pros

    Flexibility
    Nice work environment
    401K match
    Some health benefits
    OK work-life balance

    Cons

    Constant change of direction
    Management is disconnected from everyday activities, bottom line is shareholder revenue, not long term strategy
    Compensation is below average
    Weak bonus
    Career opportunities are close to zero once you get to certain levels

    Advice to Management

    Connect with the people in operations. Too many acquisitions have not necessarily blended well at the staff level, lowering quality of some products. Think long-term


  9. Helpful (32)

    "A sad story: great potential, botched execution, no place to build a career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Washington, DC
    Former Employee - Anonymous Employee in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at IHS full-time (More than 8 years)

    Pros

    IHS is a company with all the potential in the world. The product line is an endless parade of truly fascinating knowledge, analysis, forecasting and insight, covering the most important and fastest-changing industries in the world. It is impossible not to get excited about what could be if all this knowledge were inter-related. The company offers good benefits and work/life balance, with generous time off and very flexible work arrangements. There are a lot of wicked-smart, friendly people here (at least working in the trenches).

    Cons

    For a company whose products literally are the knowledge and insight of its staff, IHS surprisingly treats its employees as expendable drags on the balance sheet, rather than assets. It pays lip service to what it calls "colleague engagement", with a lot of hype, regular surveys and committees, but in practice the company invests little in employee development, training, growth or retention. HR has defined "career paths" for certain business areas, but the company rarely allows employees to advance along the defined paths, with politics being the top criteria for promotion (if it happens at all -- there are a lot of long-timers at IHS, and often you'll find your own career progress blocked). Salary growth is meager, with annual increases in the 1-2% ballpark, contingent of course on stock price performance, which naturally you will have no control over.

    There is a glut of middle management jockeying for attention from senior execs, with varying and haphazard results that have more to do with politics than adherence to a broader strategy. The word “strategy” is abused often, most commonly by small-time tacticians trying to sound more important and thoughtful than they are.

    IHS is a serial acquirer. The vision is obvious and the potential enormous, but the company sucks at integrating acquisitions from a product management standpoint, and the main outcome of all these acquisitions is two rounds of layoffs and re-orgs a year, a bunch of independent products that don’t integrate, and teams left without any resources or leadership to improve. Many a plan to fix this is written. Few are executed.

    In general, working at IHS lately is a demoralizing experience. Since the management team isn’t changing a whole lot in the forthcoming merger with Markit, I wouldn’t expect much to change here either.

    Advice to Management

    You’ll notice this review sounds a lot like all the others on here. To Mr. Uggla, who one hopes will finally save this company from itself: Reboot your management team completely… you have a lot of yes-men and short-sighted folks reporting to you. Dump them. Focus on your staff in the trenches and invest in their knowledge and growth… and let them grow and progress in their careers, rather than be forced to leave the company to do so! Don’t let people stagnate. Make IHS a place people want to work at again. Don’t acquire more businesses until you can digest and assimilate all that you already have. Worry less about the quarterly results, and instead look at the long term. Invest in product management -- go out and talk to your customers and past customers about what is working and what isn’t… then pick the top 5 priorities and invest heavily in those. You have so many priorities right now that none are really priorities. Take a hard look at your go-to-market strategy. The vision for the company is so compelling… it’s a tragedy that the execution is so poor!


  10. Helpful (15)

    "Not a right period to be in IHS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Manager in Englewood, CO
    Current Employee - Senior Manager in Englewood, CO
    Doesn't Recommend
    Negative Outlook

    I have been working at IHS full-time (More than 5 years)

    Pros

    Flexible work culture. Work life balance is good. But depending on your team, you might end up leaving work dissatisfied and unhappy. this company has gone from good, to bad to worst.

    As they acquired an equal company in March 2016, there is going to be a wave of layoffs. The current CEO of IHS is going to retire by end of this year and Markit CEO is going to step in, which can result in wash out of most of current managers and teams.
    So I suggest not to join IHS until at least these storms have subsided. The layoffs were announced to go well into next year, 2017.

    Cons

    Middle management is worst.
    Upper management change is constant, percolating downwards with constant lay offs and people shuffling across teams.
    Management change is not basically a merit base or business centric, it is more on who has more power in upper management and whom he likes to have in his team downwards. This meaning, most undeserving people becoming your managers.
    As this company grows with acquisitions, there is a constant short of money for compensation. Benefits are slashed constantly and people don't get raise even when economy is doing better. For example, in 2015 and 2014, most of us didnt see any salary raise. Only a small percentage of bonus was handed.
        As a women, the IT and software department is sexist. There are many inefficient, racist and sexist managers who openly show their differences.
        Managers have low communication skills and management skills. Management of teams happens mostly on buddy system. If you are buddy with manager you are well off even if you are worst performer and possess worst attitude.
          Company does not encompass a good work culture. Team's culture is cultivated based on managers style. So if you are lucky, you end up working with good managers and good teams else you can be miserable, with latter being more common.
        Ubiquitous micro-management by scrum masters and managers with little control over your work.
       Agile development is a joke here. Most of the project managers turned scrum masters don't have right training to conduct agile. It is in a great mess.
        Communication is zero from middle management to teams. Teams and members are moved constantly to cover up management faulty decisions without notice.
    HR presence is completely missing. I have seen many people complaining about worst ethical behavior by few colleague's but nothing happens. At the end, good people leave the company or get laid off as they cannot get along with these bad elements that in turn encouraging bad work culture.

    In short, I don't recommend this company because of current Oil and gas price turmoil, poor work culture and equal acquisition resulting in massive layoffs.


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