AIG

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2 people found this helpful  

Disappointing Lackluster Experience

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

Pros

As of last year, very generous PTO policy, good 401K match, decent bonuses (on paper), some departments have began to promote flex work arrangements.

Cons

No raises for the past 2 years. Ridiculous performance evaluation process with a forced "performance curve" whereby good performers end up with bad ratings to meet the "curve" and get stripped of bonuses. Poor systems and IT support in general. "Boys club" at the management level making it impossible to get promoted, very policital. Generally, virtually non-existent promotions, even at lower levels, despite consistently high performance ratings. Very limited opportunities for training. Grueling hours in some departments (such as financial reporting). Office space downsizing touted as "workspace optimization" resulting in people being placed in shoebox size cubicles, even at director level. Useless HR unable to take action.

Advice to ManagementAdvice

There are too many change initiatives going on at the same time. Manage and prioritize change properly, do not overload people by 100s of "top priority" projects. Give people raises just to keep up with rising prices and inflation!!! Get that performance curve in line with industry standards - it's impossible to weed out 20% of workforce every year on the grounds of poor or unsatisfactory performance. Use some common sense when planning work space - people can't work in a cube so small that you cannot even move your work chair. Outsourcing IT support to India was not a smart decision - it has been taking weeks to get even small things fixed thus hurting productivity. Establish career paths that are real and allow for people move up and get promoted.

Doesn't Recommend
Negative Outlook
No opinion of CEO

Other reviews for AIG

  1.  

    OK

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

    Pros

    The weekdays duties and tasks were divided as per a set schedule, but there were some slight variations sometimes, depending on various factors, as they arose.

    Cons

    Although the daily tasks were practically the same every week, there was never a dull moment, since the figures and accounts varied, as well as the clients, bringing along some kind of fun suspension

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Evolving Company

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

    Pros

    Good opportunity to work with smart people; work can be very complex and interesting

    Cons

    Pay and performance process unfair, especially to incumbents. Long hours, little work/life balance

    Positive Outlook
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