PIMCO

  www.pimco.com
  www.pimco.com

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PIMCO Reviews

99 Reviews
2.2
99 Reviews
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Recommend to a friend
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Douglas M. Hodge
16 Ratings
  1. 1 person found this helpful  

    May be Good Investment Company but very poor IT department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Development Manager in Newport Beach, CA
    Former Employee - Software Development Manager in Newport Beach, CA

    I worked at PIMCO full-time (more than 3 years)

    Pros

    Was a Growing company with good future.
    Compensation is not great but above average.
    Good location in Newport Beach, CA.

    Cons

    The IT department doesn't run professionally. So, your growth manly depends on how you present to your superiors. As, most of the salary comes from Year End Bonus, everything depends on your image with superiors. There will be no reviews and nobody will care for peers. So, you should be prepared to handle very mediocre people rising very fast and dominating smart people.
    Those who do good work, will tend to get more work. Those will have very poor work life balance. At the same time, more that 50% people will be enjoying relaxed life like a retiree!
    Technology is not getting modernized. You will work with ancient structure of one machine, one server , one database and shell scripts.
    Evaluate after Bill Gross's unceremonious exit!

    Advice to ManagementAdvice

    Bring more professionalism than the personal cults as those run department like their fief.
    Value quality over pleasing superiors.
    Software department should be seen as asset than mere liability. Invest more in it to produce proprietor algorithms and quantitative software.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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