McGraw Hill Financial Reviews | Glassdoor

McGraw Hill Financial Reviews

Updated February 11, 2017
108 reviews

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3.0
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McGraw Hill Financial President & CEO Douglas L. Peterson
Douglas L. Peterson
16 Ratings

108 Employee Reviews

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Pros
  • Great company benefits, focused on creating a positive work-life balance experience for all (in 41 reviews)

  • companies offer a good benefits package (in 37 reviews)

Cons
  • Work/life balance seemed to be at discretion of individual managers (in 11 reviews)

  • Not much communication from senior management (in 17 reviews)

More Pros and Cons

  1. Helpful (1)

    "'salright"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Editor in San Francisco, CA
    Current Employee - Editor in San Francisco, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    McGraw-Hill is a well-established company with decent benefits, and it is fairly well-diversified. It isn't terribly sexy, but it feels good to create a tangible product.

    Cons

    Gets too much credit for promoting Work/Life balance which is only truly practiced in pockets. Klunky execution of technology.

    Advice to Management

    Take your own advice.


  2. Helpful (1)

    "Flexible to work life , decent place for a career,"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Architect in Hightstown, NJ
    Current Employee - Architect in Hightstown, NJ
    Recommends
    Approves of CEO

    Pros

    Respected leader in publishing and financial ratings. Flexibilty in work/life

    Cons

    A bit beuruacratic. Career advancement is slow.

    Advice to Management

    More perfance based incentives.


  3. Helpful (1)

    "A good place to work for fresh graduates or ready-to-retired."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Programmer in Monterey, CA
    Former Employee - Programmer in Monterey, CA
    No opinion of CEO

    Pros

    The employees' benefits are good and very family oriented. This is one of a few companies still with pension plans. The 401K matching is good. The company allows new employees to rent a temporary place before they find the permanent one. Also, the company would allow employees to hire a temporary nanny in an emergency situation.

    Cons

    There is always poor communication between management level and executive level. The executive level doesn’t know who the hard working people are. Some systems and programs are really old and people are hesitated to modify or renew them. Also, the medical/dental plans graduately decrease with higher co-payments.

    Advice to Management

    Even some people in senior management are ready to retire in this company, they still need to sell their groups.


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  5. Helpful (5)

    "MHP needs new senior managers."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Denver, CO
    Current Employee - Manager in Denver, CO
    Disapproves of CEO

    Pros

    Co-workers are good at what they do.

    Cons

    Senior management Grade levels 23 and above are more concerned with politics and lobbying for position than getting the job done. Seems that the senior management would prefer to increase their salaries and ensure their positions are secure than to really work on making things right for their investors.

    Every 6 months we see a reorganization happen and these reorgs don't happen because of the on-boarding of a new market, but to make the powers that be have a chance of hiding the fact that most of the management (senior) are ineffective.

    MHP spends money on projects that are just not needed for could be done cheaper someplace else. Customer service in NJ, analysts in NY, the new data center, staffing costs in NY, the use of union workers and the list goes on and on.

    Advice to Management

    Pull your heads out of your ass and start doing your jobs. Listen to people who work there and get them to trust the company.

    Move most of the operations and infrastructure out of New York and New Jersey.


  6. "An Okay Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research
    Current Employee - Research
    No opinion of CEO

    Pros

    The relaxed atmosphere and the willingness of more senior employees to discuss ideas. Junior level employees are included in more high-level discussions. The company is enviromentally thoughtful and provides a locker room for peoppe who ride their bikes to the office. Many directors have high-level experience which helps provide added credibility in the eyes of clients. The working atmosphere is pleasant and people are open in discussing ideas and do no back-stab each other.

    Cons

    Not much feedback is given and the work is often repetitive.

    Advice to Management

    Try to take more time to explain things to new people joining projects. Often you were excited about the projects but then seemed to have sporadic levels of enthusiasm.


  7. "Handscoring"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Test Evalutor in Delran, NJ
    Former Employee - Test Evalutor in Delran, NJ
    Doesn't Recommend

    Pros

    Hundreds of employees are hired at a time for this position. An undergraduate degree is required for this position. Fairly easily attained position.

    Cons

    This position requires you to be seated in front of a computer grading papers 100%, excluding breaks. May begin to feel like tedious work awfully quickly.

    Advice to Management

    Provide employees with solid numbers regarding expectations, accuracy percentages and number of papers needed to be graded in order to stay on the project.


  8. "Typical administrative"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative in New York, NY
    Current Employee - Administrative in New York, NY
    No opinion of CEO

    Pros

    MGH's benefits package is pretty good and the standard work week is 35 hours - that's a rare thing these days. Salary can be decent, depending on which business unit you work with.

    Cons

    There is little chance of getting head as an AA there, unless your manager really pushes on your behalf. Unfortunately, not too many managers would do that. Very difficult place to make any kind of career change - once an AA, always an AA there.

    Advice to Management

    Leadership should be aware that there are other employees there that deserve a chance to move ahead, not just the ones that are already in executive roles.


  9. Helpful (1)

    "Old Company going through changes"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    Benefits, ok pay, great place to work if you have a family, competent upper managers, normal work hours, many people are so comfortable they stay put for many years.

    Cons

    Hard to get promoted, very slow turn around rate at the top, most people stay there more than 10 years ( which is god in some ways but if you want to "work your way to the top" the slow turn around at the top creates few opportunities at the bottom.)

    Advice to Management

    Make it possible for employees to experience growth and don't be afraid of new ideas.


  10. "Decent place if management was better."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Disapproves of CEO

    Pros

    They have good benefits and work hours. If you have a good boss there is a very good program for travel for personal growth.

    Cons

    The place is very political and the HR policy is terrible for pay raises and other issues. Never trust HR as it will come back to hurt you.

    Advice to Management

    If the business unit is collapsing fire someone above the level of director. THEY ARE NOT THE PROBLEM, SENIOR MANAGEMENT IS!


  11. Helpful (6)

    "A Company That Has Lost its Way"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Editorial in New York, NY
    Former Employee - Editorial in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Employee friendly, brand name publisher, proud heritage, portfolio business structure

    Cons

    Senior management has a mixed record of fixing problems and the decision making is glacial. The reputational hit that Standard & Poors has taken for its shoddy ratings of mortgage securities during the credit crisis will take many years to overcome.

    Advice to Management

    Time for a new CEO



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