The Work Index by Flexa

Penske Media Corporation

Penske Media Corporation (PMC) is a leading independent global media and information services company with a portfolio of iconic brands across entertainment, music, fashion, beauty, luxury, and sports.

https://www.pmc.com/
5.7

/10

Transparency ranking

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Description

Penske Media Corporation (PMC) is a leading global media and information services company headquartered in New York and Los Angeles. PMC is comprised of over 40 iconic brands across multiple categories, including entertainment, music, fashion, beauty, luxury, art, sports, and more. Their reach extends to a passionate monthly audience of over 412 million, driven by a commitment to exceptional original content and a highly collaborative and creative work environment.

In addition to publishing and digital media, PMC also operates a robust portfolio of real estate holdings, including office buildings, residential properties, studio space, and mixed-use properties. They also hold a prominent presence in the live event and experience industry, with over 200 events annually including award shows, festivals, and industry summits. The company's dedication to innovation and a global reach has led to significant expansion across all sectors.

Flexibility

Penske Media Corporation (PMC) offers a variety of benefits to its employees, including parental leave and a paid Aetna PPO Healthcare Plan. Additionally, PMC provides employees with paid time to volunteer for the nonprofit organizations of their choice through their company's 2% initiative.

Benefits

Penske Media Corporation offers a comprehensive benefits package designed to support employee well-being and financial security. This includes fully-paid Aetna PPO healthcare, dental and vision coverage for eligible employees and their dependents, along with a competitive 401(k) plan with an employer match contribution. PMC also provides paid parental leave, short-term and long-term disability insurance, an Angel Fund program for financial assistance in times of need, and wellness initiatives including healthy food options and employee assistance programs. Additionally, employees are encouraged to participate in the company's 2% initiative, which provides paid volunteer days to support the non-profit organizations of their choice.

Enhanced parental leave

Mission

Penske Media Corporation (PMC) is a leading independent global media and information services company dedicated to shaping culture and inspiring audiences through its portfolio of over 40 award-winning brands. PMC produces exceptional original content across a diverse range of industries including entertainment, music, fashion, beauty, luxury, art, and sports, reaching a passionate monthly audience of over 412 million. With a focus on journalism, innovation, and global reach, PMC strives to inform, entertain, and empower its audiences while driving meaningful impact across the media landscape.

Data-driven
Disruptor

Culture

Penske Media Corporation cultivates an entrepreneurial and collaborative culture that encourages employees to share opinions, take risks, and celebrate both successes and mistakes. The company values diversity, equity, and inclusion, evident in its employee-run DEI Committee and Affinity Groups, which promote a sense of belonging for all employees. A key element of the company's culture is a commitment to giving back to the community, exemplified by the 2% initiative, which encourages employees to volunteer their time and resources to support nonprofits of their choice.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Meritocratic
People-first
Progressive
Supportive
Transparent

DE&I

Penske Media Corporation (PMC) actively cultivates an inclusive and diverse work environment that celebrates a global community. They believe that diversity of race, gender identity, sexual orientation, physical or mental ability, ethnicity, and perspective strengthens their mission. PMC has established a company-wide, employee-run DEI Committee and Affinity Groups, which are active and inclusive of their more than 20 global media brands, with inclusivity actions across recruitment, education, awareness, and more. Through various initiatives, including listening circles, a book club, and fundraising efforts, they strive to ensure that each employee feels empowered to bring their authentic selves to work.

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