Charles River Development Reviews

Updated August 21, 2015
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3.5
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Charles River Development President and CEO Peter Lambertus
Peter Lambertus
58 Ratings

Pros
  • Charles River hires very smart people (in 15 reviews)

  • Understanding about work/life balance (in 5 reviews)

Cons
  • No tuition reimbursement other than CFA (in 6 reviews)

  • work/life balance (there is none) (in 6 reviews)

More Pros and Cons

108 Employee Reviews

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  1. Great place to work if you enjoy a challenge

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Burlington, MA
    Current Employee - Anonymous Employee in Burlington, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles River Development full-time (More than 3 years)

    Pros

    Interesting technological challenges to solve. Work with a lot of very smart people. Very little bureaucracy; you are empowered to get your job done.

    Cons

    Too much to do, not enough time to do it all.


  2. The straight scoop.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Implementation Manager in Burlington, MA
    Current Employee - Implementation Manager in Burlington, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Charles River Development full-time (More than 5 years)

    Pros

    The core product suite remains the standard by which many of the other industry leading OMS and compliance platforms are measured. A near perpetual focus on improving the product and its features. A consistently deep sales pipeline means no shortage of projects or “utilization” opportunities in the professional services area. Highly cerebral and no-nonsense culture with a constant emphasis on driving results and performance. “Type A” individuals will usually thrive here, but burnout is a huge risk. Slackers take note: you will usually be dispatched back to the Linkedin Jobs board within 12 months if you make it through the gauntlet. CRD is exceptionally selective hiring and recruiting standards for new hires and associates. Charles River looks great on a resume (assuming you can wait out that mandatory non-compete employment agreement) and you will develop a great network of buy and sell side clients and business partners. Pays 20%+ above industry average (but no equity).

    Cons

    Here is the truth. Brutal, austere, and frankly baffling culture with inconsistent leadership or philosophical direction from on high. Not employee centric. Holiday parties are in January (to save money?) and 45-50 hour work weeks are the norm. Departments are in silos and there is poor communication and cohesion in the ranks. Group think is a problem and many are afraid to present opinions which vary from the leadership's. Culture of blame pervades (especially when clients terminate or potential mammoth deals might fall through). Periodic house cleaning is common and it keeps everyone on their toes (and their resumes up to date). Turnover (voluntary and involuntary) tends to be much higher than average and it seems to increase the higher up the ladder you go. (VP and above can be the professional equivalent of the “Everest Death Zone” so be extra careful if you are in contention for that senior VP role. It could go either way and you probably won’t see that pink slip coming on that fateful Friday morning in December). If you need job security, you may want to think twice before saying yes. Firm likes to experiment with new (and somewhat hastily designed) service and delivery models every couple of years to replace the previous organizational models that fell short of the owner’s expectation. This can mean frequent staff reorgs, role modifications, “cheese moving” and widespread confusion as to what the thought process is on the second floor. They also have a tendency to pull mid/senior level executive talent in from the outside (versus promoting from within) so career path is limited (where you start is probably where you will finish). Remember those selective hiring standards? Because of them, the firm is perpetually understaffed and under the gun to deliver on those lofty sales commitments. Many implementers burn out by year 4 so there is a limited pool of truly experienced personnel for projects. Lots of managers...not a lot of implementers.

    Advice to Management

    Treat your people like assets (instead of disposable inputs) and you will quadruple the value of the firm. Fire less. Inspire more. Lead by example. Create a legacy for those who have helped you make CRD what it is. Give some equity to those who are deserving and align those interests.


  3. Great company to build your resume on

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Fast pace. Market leader. Above average pay.

    Cons

    Limited growth potential. Moody CEO.


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  5. Still growing company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    No opinion of CEO

    I have been working at Charles River Development full-time

    Pros

    Excellent benefits, reasonable work life balance, good location, smart people, free gym from building/office management.

    Cons

    Somewhat old office building, technology used is not on the brink.


  6. Client Management Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Management Associate in Burlington, MA
    Current Employee - Client Management Associate in Burlington, MA
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Charles River Development full-time (More than a year)

    Pros

    Charles River provides you the perfect marriage of technical and business skills. You are invaluable to any financial or tech company when working at Charles River and your marketability is limitless

    Cons

    Charles River is extremely understaffed in a lot of departments and there will never be a shortage of work to do and possibly unpaid overtime

    Advice to Management

    Management should really hire more resources in product tech-support, human resources, implementation and I'm sure many other departments


  7. Marketing Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Manager in Melbourne (Australia)
    Former Employee - Marketing Manager in Melbourne (Australia)
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good work/life balance, industry leader/great solutions, some really smart people to work with

    Cons

    High turnover of staff, zero chance of career progression, company culture does not inspire, annual salary is pre-decided by management regardless of performance.

    Advice to Management

    Lead and manage employees by motivating and inspiring them and they might stick around just a little bit longer


  8. Pros

    Salary is above average. However they expect you to work for 9 hours.

    Cons

    They do not use latest and greatest technology so your skills can rot.


  9. Lots to learn, but very little opportunity for advancement

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Burlington, MA
    Former Employee - Anonymous Employee in Burlington, MA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Charles River Development full-time (More than 3 years)

    Pros

    smart developers, chance to be hands on with users and software development process

    Cons

    very little structure in place for advancement, not diverse, several managers need coaching on how to manage

    Advice to Management

    Thank the employees who work so hard for your company.


  10. Technical Implementation Manager

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

    Pros

    Excellent company to work. People are very technical and use the latest cutting edge technology.

    Cons

    May be they should get a larger office in NY as at times it become over crowded.

    Advice to Management

    None


  11. Great

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Charles River Development full-time (More than 5 years)

    Pros

    Get to work with very smart people. Pay is better than competitors. Industry leader Get to learn a lot

    Cons

    Enhancing your career path can be challenging.



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