Penske Media Manager Reviews | Glassdoor

Penske Media Manager Reviews

Updated Jan 9, 2020

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3.8
43%
Recommend to a Friend
59%
Approve of CEO
Penske Media Chairman and CEO Jay Penske
Jay Penske
5 Ratings
  1. "Excellent Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Accounting Manager in Danbury, CT
    Recommends
    Positive Outlook

    I have been working at Penske Media full-time for more than 8 years

    Pros

    Great work environment, President truly cares about his employees, flexibility when personal crisis arises

    Cons

    Older building a bit run down

    Penske Media2019-08-24
  2. "Good Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Project Manager in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Penske Media full-time for more than 3 years

    Pros

    Fast paced work environment. Enthusiastic employees.

    Cons

    Intense work culture, little people culture. The variety of brands makes it tough to feel part of a larger team. Little skills training or encouragement from management to advance in your field/knowledge.

    Advice to Management

    Provide learning opportunities for advancement in business technology that the company uses. Promote collaboration and skill sharing across brands.

    Penske Media2020-01-02
  3. "Hire New and Experienced Leadership"

    StarStarStarStarStar
    Former Employee - Senior Project Manager 

    I worked at Penske Media full-time

    Pros

    Nice office space with aesthetically pleasing design.

    Cons

    Poor leadership. Hire people in the leadership level who are efficient and capable of making practical decisions.

    Penske Media2020-01-10
  4. "A lot of smoke and mirrors"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Manager 
    Doesn't Recommend
    No opinion of CEO

    I worked at Penske Media full-time for less than a year

    Pros

    great office location, well-stocked kitchen

    Cons

    zero resources office layout is open concept (terrible for conference calls)

    Penske Media2019-08-23
  5. Helpful (16)

    "A disappointing company which lacks interest in its employees and a strategic vision for the future"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Managing Editor in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Penske Media full-time for more than a year

    Pros

    - Good location in LA with a nice physical work environment (open floor plan, shared kitchen and dining area, comfortable fish bowl conference rooms).

    Cons

    - PMC appears to be a company that doesn't value or invest in its employees in any meaningful way - Salary is low across the board and as a hiring manager, I saw the company consistently low-ball candidates or hire more junior positions than needed to save money - No matching 401K offered to employees - Minimal paid time off. In fact, the company combines sick days and vacation into a single PTO pool of hours, so if you get the flu and have to take off, you get fewer vacation days that year. The PTO total is pretty low to begin with, so it's difficult to accrue enough vacation even after 2 years to take a simple vacation that lasts more than a couple of days. - There is no performance evaluation program - no annual review, no career progression, no mentoring or coaching. - There is no program in place to give annual raises, bonuses, or rewards of any kind. On my team, no one had received a single raise of any kind in over 2 years. - Managers get no training or guidelines on how to manage their direct reports. There isn't even a requirement for managers to ever meet with their direct reports, ever. Most other companies require or encourage weekly 1:1s. - The corporate leadership and leadership of individual business units were completely out of sync with one another, resulting in a fractious, schizophrenic strategic plan. PMC leaders insisted that digital growth was the #1 priority, for example, while the publication I was at had senior managers who didn't understand or care about digital and instead doubled down on a declining print business. - PMC seems to want to treat all of its business units the same. For example, they had moderate success with Variety by increasing digital production volume, so they naively and uncritically pushed that same strategy on Robb Report, a luxury brands that cannot scale in the same way. - This reveals a bigger problem: PMC hasn't demonstrated it understands the publishing business at all. It has grown entirely through mergers and acquisition -- ie, by buying distressed publications at a discount. It's unclear if they can actually be successful over the long term by growing businesses organically.

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    Advice to Management

    Get your act together. Value your employees and treat them with respect and establish mature HR systems to grow and reward them. Simultaneously, figure out what your overall business strategy is and get your business units on board to execute against that.

    Penske Media2019-02-08
  6. Helpful (1)

    "A Great Company With Room to Grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Managing Editor in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Media full-time for more than a year

    Pros

    I've worked for a number of companies in my career but few encourage you to take risks and try new things like PMC. They are invested in your success because they know that will make the company successful in return. I have felt empowered to make decisions and implement new ideas. Another positive: the great corporate culture here in the LA office, where you're encouraged to get to know one another, socialize (both in and out of the office) and build team spirit.

    Show More

    Cons

    The company is growing at a rapid pace, with a number of new acquisitions. It would be great to get a better heads up of what's coming into our portfolio so we can better prepare ourselves to work with and integrate with the new brands.

    Penske Media2018-05-17
  7. "Fast growing Media company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Media full-time for more than a year

    Pros

    Great leadership and company vision that empowers individuals for collective growth. No place better to work

    Cons

    Benefits could be better. 401k match, better health care etc.

    Penske Media2018-05-17
  8. "Solid opportunity for first job in entertainment industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Manager in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Media

    Pros

    Nice office, pretty crazy environment considering there are branches working in fashion, gossip, entertainment, tech, and even B2B web products. One can learn a lot by networking with people internally and thankfully there are opportunities for that within the office and at work-events. The people on my team are all great and supportive so you can always rely on your colleagues if you need help.

    Cons

    Some employees can be very reserved and not interested in interfacing with people in other departments. Parking garage an absolute nightmare, can't even fit nearly every employee in the building. Expect to do much more than what you were hired to do. HR needs to establish better tracking system for those being paid hourly.

    Advice to Management

    Compensation could definitely be more balanced across execs and entry-mid level employees but that is how it is at pretty much any company and industry

    Penske Media2016-03-16
Found 8 reviews