Hanover Research reviews

3.6

66% would recommend to a friend

(105 total reviews)
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Wes Givens

53% approve of CEO

44% positive business outlook

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105 reviews

Reviews about "Compensation"

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3.0
Jul 20, 2020
Recommend
CEO approval
Business Outlook

Pros

You will be surrounded by absolutely brilliant analysts and low level managers who are friendly and want to help you learn and succeed. If you are a researcher/analyst you will gain exposure to and experience numerous industries and methodologies that should prepare you for a high paying job in management consulting.

Cons

Low salary Poor culture - Hanover wants you to think it's a fun "start-up" like place with corn-hole, ping pong, and happy hours but the reality is that tight deadlines and a never ending workflow sucks the fun out of everyone and creates a toxic workaholic culture for below-market pay. Although deadlines and workflow can create a poor culture, low level managers frequently encourage analysts to take a break or stop for the day if they see that an analyst is working really late. This helps create a good work/balance in a no-fun workplace. C-suite managers are cowardly, dodge questions, and poor leaders in straining times. Low and mid managers are fantastic.

2.0
Jun 17, 2020
Recommend
CEO approval
Business Outlook

Pros

- Extremely educated and engaged colleagues (networking opportunity, especially if interested in academia seeing how many people have MAs, PHDs, etc.) - Good PTO policy - Free snacks, coffee, happy hours/Christmas party

Cons

- "Research" often consists of googling open source information in the attempt to find obscure statistics or the inputs to create obscure statistics to meet the short term need of clients (lack of long term/strategic research opportunities) - Researchers are paid under the market rate (please check other glass door salaries to confirm this yourself) and receive no bonus/commission unlike the much of the non-researcher workforce - Heavy and repetitive workload consisting of googling and summarizing things you have googled into power point format (over, and over, and over again) - Lack of true growth opportunities (you may switch departments, but unless you come in with certain qualifications there is little opportunity for growth) - Expected unpaid overtime in order to keep clients/managers happy

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Hanover Research Response
6y
Thank you for your feedback. We are very proud of our reputation and capability for high-quality, cost-effective research; we are able to deliver prescriptive insight (using a breadth of methodologies) to our Education and Corporate clients where other firms struggle. Having said that, we are dedicated to continuing to make Hanover a better place to work and would like to understand more about your experience and how we can improve. Please email us at peoplesupport@hanoverresearch.com with any additional information.
5.0
Dec 3, 2019
Recommend
CEO approval
Business Outlook

Pros

Overall, I LOVED my time at Hanover and I'd recommend employment there for anyone who likes a fun, dynamic work environment that will challenge them on a daily basis. Below are a few additional "pros" to consider: Awesome team members - smart, driven, energetic, fun loving; can't emphasize enough how amazing the people who work there are. Top notch Strong company culture, very inclusive Ample career growth opportunities Competitive compensation Great managers/leaders Compelling product Good work/life balance Solutions oriented business that allows for creativity within ones role to achieve the goal

Cons

Not too much to draw attention to here. My one criticism (or maybe just brutal honesty) would be there is a lot of pressure to hit quarterly revenue targets and missing your targets consistently can put you on the hot seat and really hurt you financially. Territory can also have an impact on your performance although things certainly got better in recent years.

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