AIG

  www.aig.com
  www.aig.com
There are newer employer reviews for AIG

1 person found this helpful  

Great place to start, but...

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Project Manager in New York, NY
Current Employee - Project Manager in New York, NY

I have been working at AIG full-time (more than 10 years)

Pros

Solid benefits. Rich history. For people starting their career here, its a good place to learn your craft. You will have opportunities to learn and gather knowledge. Work hours are not extreme.

Cons

The company is undergoing a lot of changes since 2008 financial crisis.
Like other large companies, cutbacks and internal depts striving to survive in the new "AIG" by asserting their own will against each other are commonplace now.
Monetary increases/bonuses and job stability is unsatisfactory these days as AIG is pulling itself back on its feet.

Advice to ManagementAdvice

Redo employee review compensation policies. Roundtable reviews where employees are compared to other employees of similar functions aren't beneficial especially when other managers not in your dept have a say in your review.. Employee ratings and job grading are too broad when determining increases and bonuses. Go back to the old system where your primary manager and his boss controls your review.

Recommends
Neutral Outlook
No opinion of CEO

780 Other Employee Reviews for AIG (View Most Recent)

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  1. 5 people found this helpful  

    The worst Company I have ever worked for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

    I worked at AIG

    Pros

    Initially high starting salary
    Location of Corporate Office has nice views.
    Nice area downtown; good restaurants; right next to the Seaport.

    Cons

    Culture is still not team oriented. Lower level decision making is not rewarded and often penalized due to probably the worst RPR system on the planet! Performance is not measured based on accomplishment. Performance is measured based on collective voting by managers who may or may not know what you do (old GE model) using an equal distribution between groups of jobs that are put together with no connection in functionality. This was obviously a "knee jerk" reaction to the public outcry of executive salaries after the bailout and was not well thought out.

    Advice to ManagementAdvice

    Need to commit to a total cultural change, because the way things are going nobody in their right mind will ever tell you the truth if they want to keep their jobs. Right now, I do not see this Company surviving with the type of people you are retaining. I say retaining, because only employees who don't care and want to coast will remain with AIG given the current environment there.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    It was a great company to work for when I first started.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Accountant II in New York, NY
    Former Employee - Accountant II in New York, NY

    I worked at AIG

    Pros

    Largest and most recognizable insurance company.

    Cons

    Associated with the 2008 bailout.

    Advice to ManagementAdvice

    Be more clear as to where the company is headed.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for AIG

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