CalPERS Reviews

Updated September 17, 2014
Updated September 17, 2014
20 Reviews
3.9
20 Reviews
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CalPERS CEO Anne Stausboll
Anne Stausboll
9 Ratings

Employee Reviews

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  1.  

    Great opportunity to work at the forefront of the investment industry while maintaining a balanced life

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Equity - Management  in  Sacramento, CA
    Current Employee - Equity - Management in Sacramento, CA

    I have been working at CalPERS full-time for more than 8 years

    Pros

    Work-life balance is definitely not just lip service. At the same time, the opportunities to be at the forefront of the investment industry are plentiful. Solid leadership. Definitely more of an asset manager than a government entity.

    Cons

    As a public pension, it is difficult for compensation to be competitive with peers on the private side. The reality that compensation comes in many forms other than your paycheck must be emphasized.

    Advice to ManagementAdvice

    Greater separation of the investment office from the government benefit provider would be beneficial.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CalPERS

    Pros

    CalPERS is the best place to work under the State of Ca. They are committed in providing continuous training classes and personal development opportunities. Atmosphere is wonderful, as well as the wellness program they offer. Very flexible for personal and professional balance.

    Cons

    I have nothing negative to state.

    Recommends
    Approves of CEO
  3.  

    Good

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CalPERS full-time

    Pros

    Nice place to get benefits

    Cons

    Way too much down time

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Lots Of Potential!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Data Architect  in  Sacramento, CA
    Former Employee - Data Architect in Sacramento, CA

    I worked at CalPERS full-time for more than a year

    Pros

    Taking the right steps to create a good IT environment

    Cons

    Typical politics and inefficiencies of state government

    Advice to ManagementAdvice

    Focus on business. Expose business to possibilities (and have infrastructure in place to deliver)

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Student Assistant  in  Sacramento, CA
    Former Employee - Student Assistant in Sacramento, CA

    I worked at CalPERS part-time for more than a year

    Pros

    Many of opportunities and departments within one state institution. Once you get your foot in the door it is a great place to stay and work, also with good health benefits

    Cons

    The wait time for the parking garage like a year and a half. Occasionally, you run into someone that has the attitude of "we have always done it way" mentality.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great Experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CalPERS

    Pros

    Great Management and Individuals and great place to work.

    Cons

    Difficult in getting promotion after years of service.

  8. 1 person found this helpful  

    Not as wonderful as it appears

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Sacramento, CA
    Former Employee - Anonymous Employee in Sacramento, CA

    I worked at CalPERS full-time for more than a year

    Pros

    Beautiful buildings, amenities, cafeteria, large enough to move from one division to another to gain experience.

    Cons

    Constantly touting Core Values while living up to few of them. Management at the top is incentivized monetarily with bonuses, but it insulates them from treating staff like anything but a workforce whose purpose is to get them bonuses. This leads to a sort of isolationism between leaders and staff. There is no interest in fixing problems if you can just keep shedding the people who see the dissatisfaction and replacing them with new bodies.

    Advice to ManagementAdvice

    Perhaps the Core Values should be something more than an event you trot out annually, and should be internalized among your executive leadership. Treat people like assets, not widgets.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Great Job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CalPERS full-time

    Pros

    You can make your own hours. There are great amenities: cafe, gym, modern buildings, parking garage

    Cons

    There are no cons so far.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    disappointed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Sacramento, CA
    Current Employee - Analyst in Sacramento, CA

    I have been working at CalPERS full-time for more than a year

    Pros

    Nice building, nice cafe, people are generally friendly

    Cons

    nepotism, lack of accountability, lower and middle management too concerned with CYA, micro-management and power-trips. Many low performing managers that are hired by friends are kept around for a long time and not held accountable, which destroys moral for the young, bright, and hard working staff who eventually leave.

    Advice to ManagementAdvice

    take accountability for your responsibilities

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    very down to earth in term of helping

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Pension Actuary  in  Sacramento, CA
    Current Employee - Associate Pension Actuary in Sacramento, CA

    I have been working at CalPERS for more than a year

    Pros

    Friendly
    Professional
    will take constructive criticism
    good people working there

    Cons

    Low wages but still it's a job

    Advice to ManagementAdvice

    none

    Approves of CEO

CalPERS Photos

View of CalPERS headquarter offices at Lincoln Plaza in Sacramento, California. (Photo by Coolcaesar - available under under CC-BY-NC-SA 3.0 & GFDL, v1.2)
CalPERS Headquarters
Lincoln Plaza North at CalPERS. Balcony area.

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