The next Kodak... - Anonymous employee Pearson Employee Review

1.0
Apr 25, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I had been with Pearson on and off for the past 20 years. I gained valuable knowledge and experiences there, and I had the opportunity to work with some exceptional people and talent.

Cons

The publishing industry as a whole has been in steep decline over the past 5 years, if not longer. Pearson created new business models in an effort to keep their main business in higher education sustainable. However, due to poor management and in-fighting among very senior management in the US, they removed most of these other business models, which were bringing in millions of dollars, in an effort for what one can only view as "going back to the basics." Unfortunately, this company's future is very dim, as they are now on a ride to be the next Kodak. In the most recent lay-off in March 2017, they let go of approximately 100+ people, and they have left customers hanging and they have no idea how to fix or address outstanding commitments and on-going issues. If you are in a sales position, they are extremely coy about paying out bonuses fairly, and will try to move you and/or your team to a services model, where you would only be able to receive a mediocre annual incentive plan over a traditional sales incentive bonus. Politics abound everywhere. It is rare to find a manager that will groom you, as they are all looking out for themselves in an effort to climb the corporate ladder an escape from the next lay off. Lastly, it is very difficult to get promoted at Pearson. They will often dangle a new position with additional responsibilities to you without ever changing your title or compensation. Get EVERYTHING in writing.

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Cons

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Pros

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