Parametric Portfolio Associates

  www.parametricportfolio.com
  www.parametricportfolio.com

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30+ days ago

Software Engineer

Parametric Portfolio Associates Minneapolis, MN

We are an agile team actively developing and maintaining proprietary software that supports our company's day to day operations and provides us a… CareerBuilder


Parametric Portfolio Associates Reviews

5 Reviews
2.4
5 Reviews
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Brian Langstraat
4 Ratings
  1. 1 person found this helpful  

    Financial firm with too many mediocre middle managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Prefer Not to Say in Seattle, WA
    Former Employee - Prefer Not to Say in Seattle, WA

    I worked at Parametric Portfolio Associates full-time (more than an year)

    Pros

    Deferred compensation is king here, and if you're already doing pretty well for yourself, Parametric will help boost your retirement fund handsomely. They do not work particularly crazy hours (work life balance is good), and it's fairly close to bus lines, so easy to commute to.

    Cons

    The technical side of the house has a culture problem, mainly around respecting people. The managers are extremely high-minded. They simply believe that they can do anything, and the fact that they're doing it, indicates that it's a 'best-practice', despite evidence and frankly, results.

    The deferred compensation model is outdated, and is limiting their potential talent drastically. They simply can't attract top tier talent with the model as given.

    Advice to ManagementAdvice

    Upper management should do better communicating with the folks. We're all on board if you're willing to tell us where the train is going! The quarterly "all hands" is actually extremely valuable, and a regular "this is what's going well / where we need help" would be awesome.

    Middle management should consider more regular sensitivity / management training. Making sexist 'funny' comments in meetings is inappropriate at best, and doesn't belong in today's workplace.

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    Approves of CEO

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