Ares Management

www.aresmgmt.com
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There are newer employer reviews for Ares Management

1 person found this helpful  

overall it was a good one

Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Ares Management

Pros

Office space, benefits, perks, smart upper management

Cons

Hard to move up, more training needed

27 Other Employee Reviews for Ares Management (View Most Recent)

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  1. 1 person found this helpful  

    Terrible work/life balance. Unrealistic expectations and ridiculously long hours

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

    I have been working at Ares Management full-time (less than a year)

    Pros

    Good benefits - gym in office, free breakfast/lunch, nice office, great perks when traveling

    Cons

    Huge egos from senior management - everything is pushed down, no work/life balance, management expects you to be available to work at any given moment, weekly fire drill assignments, very long hours, low employee morale

    Advice to ManagementAdvice

    Calm down and realize that almost anything can wait until the morning. Stop and ask what people actually think rather than passing more work down to the junior people. Hire more people to assist with the work that the senior people are promising but aren't actually doing

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 3 people found this helpful  

    Be warned about taking a job in Finance or Operations

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

    I have been working at Ares Management full-time

    Pros

    Free food, OT if you are hourly, opportunity for promotions, office if you're at 2000 Ave of Stars

    Cons

    1. Low salaries even though they seem to think they are competitive. They are not. Companies like Capital pay way more with better benefits and work life balance
    2. Long hours (especially any finance job). Expect to work 12 hour days, weekends and holidays (like July 4). Walking into the CPE office on a weekend is just like walking in during a weekday, except people are dressed down. No work life balance. Several black out dates surrounding month and quarter ends where you can not take a day off.
    3. Little employee appreciation. Expect the occasional good job email from CFO or invitation to bare bones happy hour in the kitchen which will end at 7pm even though you are expected to work until 8pm.
    4. Work culture is every man for himself and throw people under the bus. This attitude is rampant here, I've never seen anything like it. Very poor intra-department understanding and communication. No one understands what anyone else does. You will undoubtedly get rude emails from other departments. When something goes wrong, everyone gets their blame stick out instead of working together to solve problems.
    5. High turn over which management thinks is normal - it's not.
    6. Zero accountability for bad managers (and there are plenty); you will never win against a manager here, no matter how inept he/she may be.
    7. Caged in with no natural sunlight if you're in CPE building.
    8. Zero (not a single person in the past 5 years) mobility from back to front office. I've never seen a firm culture that has such a strict wall up between their front office and the rest of the firm. They used to even do separate Christmas parties for the Front Office.
    9. 20% pay cut when they 'promote' you from hourly to salary, they won't compensate you for the OT you will be losing
    10. Operations departments are very cheap when it comes to ordering dinner despite them wanting you to work late hours.
    11. Executive management (CFO) has unrealistic deadlines and expectations of departments. Orders to work holidays and weekends comes from here. Not sure why someone who can't articulate a few grammatically coherent sentences in front of an audience is in this position.
    12. No encouragement of additional learning or expanding your skill set. They pay for the CFA only if you pass, ridiculous. Management probably understands there are no opportunities for a CFA here.

    Advice to ManagementAdvice

    Start employee reviews of managers and enroll the poorly rated managers in management workshops, truly reward employees for their efforts with days off or nice happy hours that don't take place in the kitchen or BJs, do summer fridays where people can leave at 2pm, have competitive salaries that factor the hours you expect your employees to work, enact employee training, stop treating the front office one way and the rest of the firm in another way and educate departments on different responsibilities.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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