AIG Reviews

Pros

good working environment and reasonable compensation

Cons

too big organization to promote upgrade position

Advice to Senior Management

go on taking the business

Pros

Only game in town, would need to move to change jobs

Cons

Employeed Ranking system, technology is poor,

Advice to Senior Management

Get rid of the ranking system, invest in your people, why is there no tuition reimbursement?

Pros

It's a very big company. There were a significant number of social events planned on an annual basis - this eased any adjustment and enhanced integration into the company.

Cons

Poor communication at all levels. Aggressive, top-down management style. Extremely political environment, with no acknowledgement/appreciation of people who get the job done but don't play the game.

Advice to Senior Management

Single most important piece of advice would be to conduct 360 degree reviews. This would allow Senior Execs an opportunity to improve based on specific input/feedback from their employees, whilst simultaneously promoting the idea that Execs actually *listen* to employees!

Pros

The benefits at AIG are great. New opportunities for work from have greatly increased ability to better balance work and home life mitigating some of the long hour issues. Senior leadership has turned the fortunes of the company around in the past two years restoring the previous pride found prior to the 2008 financial crisis.

Cons

The regular hours are often long and difficult making work week home life nonexistent.

Pros

With everything the economy's been through it is difficult for me to find a single positive about working at AIG or any of its business units. Although many of us are far removed from the Financial Products group that was caught up in the Credit Default Swap scandal, it is very easy to see how this occurred through the cultural lens of our own business unit’s management teams. AIG, from top to bottom, has no concept of “Process.”

Cons

Poor pay, far below market rate particularly in NY.
Promotions, bonuses and pay increases are far and few between or fail to keep up with inflation.
Typically, individuals will leave the company and return withing a few years at a higher level.

Advice to Senior Management

Take the time to assess how the real work is accomplished and acknowledge that many corporate initiatives fail to add value. In fact, they often inhibit progress for the sake of creating the perception that we have a defined processes. Most work is accomplished by circumventing the defined corporate policies and procedures or spending as little amount of time as possible adhering to them to fake compliance.

Pros

Employee are all very positive and professional.
The job was easy.
The boss is fairly generous.
The work environment was great

Cons

AIG is on downside.
The management is kind of messy.
People work hard but not right at the point.
flucturating

Advice to Senior Management

More technical traning
Less coporate social activity
Less window dressing
More pragmatic training
Not just PPT and excel, word, bored the employees

Pros

The ideal person would be operating at a senior level rather than middle or entry.

Cons

I think that programs should be available to help employees excel in their positions so they can assist in the overall performance and profitability of the company.

Pros

you can receive over-time at 1.5

Cons

Needs more career development opportunities

Pros

Big - the company is made up of hundreds of subsidiaries; plenty of opportunity to move from company to company (if you're willing to relocate).

Cons

Pay - they claim to be at market average; but the catch is that they are included the non-vested options. By the time I left the government owned the company and my options were worthless. So in reality, I was 25% below the market average.

Advice to Senior Management

Hire fewer people. Hire experienced people. Pay for the experience. There are very few Sr. Anything's at the company (even though they may have the title) - the company is just not willing to shell out for talent. 2 cheap heads = 1 expensive one.

Pros

The company values talent and is very willing to train and to develop employees. Departments work well together. Also they value good work. and reward generously.

Cons

Certain departments are way understaffed. Work hours are extremely long for some people. Could have looked into temporary help or internship support.

Advice to Senior Management

Look into the inefficiencies in the day to day work and make improvement to cut down the time spent in each task.