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3 people found this helpful  

Low pay for the work invested. Better opportunities elsewhere...head into the city.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Junior Analyst  in  Naperville, IL
Former Employee - Junior Analyst in Naperville, IL

I worked at Calamos Asset Management

Pros

Free lunch (literally). Covered parking. Decent benefits. Good support to pursue the CFA (which is very much valued at Calamos).

Cons

Pay is horrid for the jr analyst position and doesn't get much better as you advance. Not much opportunity to prove yourself for the first few years outside of filing papers, making copies, data entry, etc. Wish I had those years back (huge opportunity cost in terms of knowledge not gained as a result of not doing research and very poor pay for the amount of time/work invested. You work a LOT...especially on meaningless tasks...and get paid very little). There are definitely better opportunities out there (which I've discovered). Turnover is high and sr turnover appears to have gotten worse since I've left. It doesn't look like anything has improved.

Advice to ManagementAdvice

Improve communication (and review times). My reviews became so late that I forgot my anniversary date.

No opinion of CEO

Other Reviews for Calamos Asset Management

  1.  

    Free Lunch...

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

    I worked at Calamos Asset Management full-time

    Pros

    Free lunch, parking, decent benefits, young atmosphere. Good place to start your career, but most people leave after a year or two to go somewhere better.

    Cons

    Low pay that is completely under the market. They will offer to pay if you decide to leave, though! Poor culture and it seems like lots of people are scared of upper management, which you can imagine prevents positive change.

    Advice to ManagementAdvice

    I wish the best for the company... just seems like some of the top management involves themselves in areas that are not their expertise. This creates large issues. Unfortunately, everyone knows this will never change.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Smart people committed to teaching their associates and growing talent.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Calamos Asset Management

    Pros

    Great people willing to mentor new hires
    Unbelievable office with impressive technology resources
    Entrepreneurial environment that fosters innovation

    Cons

    Located outside of the city which makes commuting a hassle from downtown

    Recommends
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