Penske Media "work environment" Reviews | Glassdoor

Penske Media Employee Reviews about "work environment"

Updated Aug 24, 2019

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4.0
72%
Recommend to a Friend
82%
Approve of CEO
Penske Media Chairman and CEO Jay Penske
Jay Penske
72 Ratings
Pros
  • "A fast-paced, supportive work environment on the cutting edge of media and publishing(in 9 reviews)

  • "PMC is filled with great people who really care about your experience working with them(in 6 reviews)

Cons
  • "One thing: no 401k matching; that was a surprise(in 10 reviews)

  • "Benefits are not as robust as other media companies (no 401k match the biggest disappointment)(in 8 reviews)

More Pros and Cons

Reviews about "work environment"

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  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. "The best of the best!"

    StarStarStarStarStar
    Current Intern - Audience Marketing 
    Recommends

    I have been working at Penske Media for less than a year

    Pros

    I truly loved the time I spent at PMC. The company is extremely well organized, professional, and efficient. All of the people that I met while working there were kind and genuine, which made the work environment that much more enjoyable. The internship program that they have in place is very well done. The HR and management team do a really great job at making the experience as rewarding as possible. Not only are... you learning valuable information in your position, but they organize events that help the interns learn more about the company, about the industry, and even tips on how to succeed in the future. Especially because the internship program is small, you get to work one-on-one with your supervisor and learn the ins-and-outs of the job. You will not be doing busy work here. As an intern, I felt extremely valued, as if I belonged, and it made all the difference.

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    Cons

    Honestly can't say anything bad about it! Couldn't have asked for a better internship.

    Penske Media2019-08-06
  3. "Terrific Summer Internship Program"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Design Intern in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Media for less than a year

    Pros

    A fast-paced, supportive work environment on the cutting edge of media and publishing.

    Cons

    The elevator can be a bit slow sometimes!

    Penske Media2019-07-29
  4. "Integrated Marketing Associate at Robb Report"

    StarStarStarStarStar
    Current Employee - Integrated MArketing Associate 

    I have been working at Penske Media full-time

    Pros

    Good people, nice building, good work environment

    Cons

    Benefits need work and organization could be better. Plus, very understaffed.

    Penske Media2019-03-27
  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. "This is the best job I have ever had..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Media full-time

    Pros

    Great management, and great benefits. This company has a great culture and seems to be a very stable work environment.

    Cons

    Really hard to think of some. This is a very pleasant place to work.

    Advice to Management

    Keep doing what you are doing

    Penske Media2018-05-03
  7. "Love working here!"

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

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

    Pros

    Great culture, Great management, Good benefits, Wide variety of opportunities within the company, Friendly coworkers, Fun work environment and to top it off You are valued!

    Cons

    No Cons! Just a bit of workload but that comes with the position :)

    Penske Media2018-05-02
  8. "Writer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    At PMC, you have the opportunity to work with a very talented team that values integrity and readership. Additionally, the company's positive work environment makes a difference in daily editorial operations.

    Cons

    There aren't any downsides to working here.

    Penske Media2017-12-29
  9. Helpful (1)

    "Rising company full of great teams"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 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

    The workplace at PMC is full of great teams/departments, each with their unique culture and work ethos. Interdepartmental work is common and most of the time is smooth and painless. The open office layout promotes ease of communication and collaboration. As PMC continues to acquire sites/brands, the future outlook looks good - but of course this is dependent on whether they can make these new acquisitions... profitable. Its a very fast-paced and challenging work environment. Employees need to be able to balance lots of different priorities of differing importance and urgency. This is a positive because as you learn on the fly, you quickly gain a ton of valuable work experience.

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    Cons

    Despite positive communication and collaboration across teams and departments, there is little to no social interaction outside of work between these groups. People tend to stay together with their teams - this is more likely to the fact that each department attracts and hires similar personalities. There are some tricky politics between some of the sites/brands that each have separate editorial and sales staffs.... This can result in divisions and unproductive outcomes. At the same time the competition between brands/sites keeps the environment a little lively and can produce some great projects when teams work synergistically.

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    Advice to Management

    As PMC continues to grow, please focus on retaining your top talent, preventing them from moving on to greener pastures. Benefits and perks need to stay competitive with other tech and media companies.

    Penske Media2016-02-02
Found 9 reviews