Education Management Corporation Reviews
Great people to work with and there are opportunities to move up here and there(in 13 reviews)
They compensate you fairly and have good benefits for employees, 401K match, insurance, wellness programs(in 13 reviews)
The work life balance for this company is not ideal for people with a family(in 14 reviews)
There is no job security there and you would be stupid to take a job there at this point in time(in 13 reviews)
“This job consisted of selling $60,000 psychology degrees to people who could not afford them and would never use them.”
Pros – The chance to meet lots of different people. The money can be good if your great at phone sales.
Cons – Tedious job of calling people all day long who do not want to talk to you.
1 person found this helpful
Pros – Made a great salary on the "matrix" which they say never existed. Decent benefit package
Cons – Enough pressure for a nervous breakdown, they want you to say or do whatever to get a student to enroll. Once a student "posts" in an online classroom they owe money. They suggest students attend an online school who don't even have a computer or who can barely pass a basic reading assessment.
Advice to Senior Management – Stop with all of the pressure and try to do the right thing. Also, smirking in the midst of group layoffs is completely inappropriate!
Pros – None, they do not care about employees
Cons – They do not care about the employees, only how much money they make
Pros – located in Pittsburgh, continued education IF you are employed
Cons – CEO, all departments are getting cut
Advice to Senior Management – Get a new CEO
Pros – EDMC does pay well and offers a fair benefits package in most cases.
Cons – The industry is facing enormous issues, coming under scrutiny from the federal government. EDMC's priorities are profits, not students which can be a difficult moral dilemma for employees. In most cases, there is not room for growth or personal contribution to the company.
1 person found this helpful
“This job has been interesting and rewarding at times but overall is enough to give you a nervous breakdown!”
Pros – Interesting projects, opportunities to develop solutions that make coworkers tasks more efficient and less challenging, opportunities to work with cutting edge technologies and innovative business process improvements.
Cons – Work-life balance is pathetic. More and more positions are being cut because the company has financial issues. However, the demand continues to grow as upper management pretends that we are not in trouble and continues investments in new products and services.
Advice to Senior Management – Please choose one road or the other. Either we are downsizing in which case we need to stop all investments and implementations and just keep up with what we have, OR, we are going all in to turn this company around and get back to profits. You cannot continue to cut IT groups in half while INCREASING the workload. This philosophy is simply burning out the great employees and we can only do this for so long without giving up.
Pros – This company does provide a decent salary with a good amount of PTO. The 401K match is also the highest that I have seen.
Cons – There are going to be more layoffs this year. The environment is not stable and there is no growth.
Pros – Staff at local campuses are awesome. Highly motivated and truly loyal and dedicated to the mission of the company and helping students get a solid education.
Cons – Corporate has hired outside groups to run almost every aspect of the local campus. What used to be a thriving educational system has quickly deteriorated at the hands of centralizing almost every aspect of the enrollment, financial aid, advising and business departments. Local staff are no longer able to fully support and help students as necessary because these outside groups and corporate themselves want to have their hands in everything. Salaries are low in comparison to what the job requires. an estimated 90% of employees at the local campuses, including top executives and department directors/chairs are constantly job searching and bragging about making it to second and third round interviews. "Everyone" wants out, but there seems to be no place to go so morale slowly drains.
Advice to Senior Management – Fire CRC and stop this centralization non-sense. The local campus is completely capable of managing the buisness and day to day acitivitie in a professional and efficient manner. Increase everyone's salary to what they deserve, not just admission representatives some of whom receive twice what other department chairs earn. Listen to your employees. Don't just hear the words, but truly work to understand the meaning and then implement their strategies. We work on the floor every day. We are not in an office 200 miles away. What looks good in a board meeting does not always translate into practical aplication. CEO, go on undercover boss and see what it is actually like to work each department; you would be amazed at the deficiencies the policies and proceedures management has installed has brought to a once thriving company.
Pros – Started out as a great work environment.
Cons – Corporate leadership has deteriorated over the last several years. Insecure future for the employees.
Advice to Senior Management – Stop concentrating on profits only.
2 people found this helpful
Pros – Very talented workforce; driven to do the right thing; great work ethic; good pay; company mission is something that is easy to champion
Cons – Benefits have quickly deteriorated (used to be very good); corporate culture changing - used to be collaborative but now everyone is trying to protect themselves; company has been short-sighted in looking for ways to become more efficient - only looking at layoffs; much larger savings could be realized by hiring the RIGHT staff and diving into major process change. C-Suite has ballooned with very high-priced people and high-priced consultants at the expense of rest of the company - major change is needed in management. Need to bring in true business process leaders.
Advice to Senior Management – Really listen to your staff. They understand better than anyone what needs to be done to right this ship - you are woefully underestimating your own staff's strengths and capabilities. Own up to your bad decisions and work to correct them - not repeat them...it is IMPOSSIBLE to cut your way back to profitability!