Bridgewater Associates

  www.bwater.com
  www.bwater.com
There are newer employer reviews for Bridgewater Associates

2 people found this helpful  

Cloudy with a side of meatballs

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Client Service Coordinator in Westport, CT
Current Employee - Client Service Coordinator in Westport, CT

I have been working at Bridgewater Associates full-time (more than 3 years)

Pros

The pros at Bridgewater associates are pay, free lunch and happy hours. The people are friendly and are well aware on how to play the cultural management chess game.

Cons

The culture is easy to understand, yet management has a difficult time making it work. Truth and transparency are the key points and as easy as that sounds management become what is known as ninja's; using principled languange to spiral an issue down to the non-management employees, rather than owning the issue and understanding how their management skills are lacking the knowledge of their people and/or processes.

Advice to ManagementAdvice

Focus on developing yourselfs, but be sure to pay it forward to the levels below.

Doesn't Recommend
Neutral Outlook
Approves of CEO

126 Other Employee Reviews for Bridgewater Associates (View Most Recent)

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  1. 1 person found this helpful  

    Great experience, tough but rewarding

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

    I have been working at Bridgewater Associates full-time (more than 3 years)

    Pros

    Emphasis on firm culture which is based on being open and forthright with one another, smart/bright employees, great benefits, no surprises backstabbing etc., if you like the culture and like your day to day job no better place to be, above average pay

    Cons

    Not for everyone, read up on the company culture before you apply, long hours, systematic processes stifles innovation somewhat

    Advice to ManagementAdvice

    Keep evolving!

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    Can be great, but definitely not for everyone

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Investment Associate in Westport, CT
    Current Employee - Senior Investment Associate in Westport, CT

    I have been working at Bridgewater Associates full-time (more than 3 years)

    Pros

    -Extremely smart, interesting people; I can say from first hand experience that the people here are a significant cut above other "top tier" companies or grad schools on this dimension
    -Always being challenged (can be a pro and a con), since everything is held to a very rigorous level of logic and there's a huge focus on figuring out the best answer
    -Huge investment in training and development for Investment Associates
    -Find out things about yourself that you wouldn't in other environments (could be a pro or a con). At Bridgewater, everything is "personal" in that everything important ultimately has something to do with someone(s) who failed or succeeded at something. And we scrutinize those things to improve.
    -Close-knit culture, especially among the Investment Associates but it's true generally - people here are friends and family, not just colleagues
    -Rapidly changing company, across many dimensions - particularly management and leadership. So there's a lot of opportunity to have impact (though there's a flipside in that lots of change makes things more chaotic)

    Cons

    -Always being challenged - nothing is easy. Even small things that may not be that important are focused on. Lots of reinventing the wheel
    -Still working out the management challenges around future leadership transition, things are changing rapidly and somewhat chaotic - e.g. lots of turnover in senior managers
    -A bit of decision paralysis - too much decision-making is done by a handful of senior leaders who become a bottleneck. Middle management is mostly not empowered (some exceptions)
    -Sometimes the culture can be exhausting - it takes a lot of energy to have difficult conversations about mistakes and what people are like, their strengths and weaknesses, at the level of depth and frequency that we do here
    -Location. Westport is ~2 hours door-to-door travel if you live in downtown Manhattan
    -Some areas of poor training and onboarding. Investment Associate training is great, but a lot of the rest still hasn't been worked out well

    Advice to ManagementAdvice

    -Seriously reconsider whether we need to be excellent in absolutely everything we do; or just excellent at the things that are truly core to being the best investment firm in the world. Reprioritise management overhaul and talent acquisition around that.
    -Let the junior/middle people spread their wings more, especially with decision-making. Decide what chances you can allow them to take and what chances you can't allow them to take; and let the take those chances and make those mistakes and learn.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Bridgewater Associates

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