Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com
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1 person found this helpful  

Compensation is horrible

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Consulting Associate
Current Employee - Senior Consulting Associate

I have been working at Cambridge Associates, LLC

Pros

Work with interesting clients and consulting teams that will push you to learn a lot over the first year. After 12 months you should be able to speak intelligently about most aspects of investing and will have several good stories to share in interviews.

Cons

The pay is embarrassing, especially considering how many 70-80 hour weeks you'll work. Another big problem is that most of the recruiting, training, and consulting associate management is run by your peers so it's more or less a joke. You'll be reviewed by someone who was doing the exact same thing you were 6 months ago, so the opportunity to really get feedback or move up/negotiate doesn't exist. It's also worth noting that CA doesn't believe in firing anyone, so there is a lot dead weight lurking around corner, so beware if you're intelligent and good at your job you'll be rewarded with high priority clients that take more of your time, but you won't be compensated.

Advice to ManagementAdvice

Fire all the secondaries, and hire bright hungry kids as CAs who after 2 years could take the decision to go to B-School or act as a secondary...also, trim the fat.

Doesn't Recommend
Approves of CEO

132 Other Employee Reviews for Cambridge Associates, LLC (View Most Recent)

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  1. 1 person found this helpful  

    Good Environment

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

    I have been working at Cambridge Associates, LLC

    Pros

    Young, dynamic company. Social events try to promote networking. Company fills niche well. Ballston a location; many bars and restaurants around the area.

    Cons

    Compensation not very competitive with other places. Can feel partitioned from other departments. Office politics an issue. Work can feel monotonous.

    Advice to ManagementAdvice

    Spend less on needless expenses and more on compensation. Improve consultant relationships with staff. Reduce bureaucracy and promote more open communication.

    Recommends
    No opinion of CEO
  2. 2 people found this helpful  

    A good start in investment consulting.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Performance Associate
    Current Employee - Investment Performance Associate

    I have been working at Cambridge Associates, LLC

    Pros

    Room for advancement, increased responsibility if you can handle it. Your experience at Cambridge is directly related to what you put into it.

    Cons

    Long hours at times, low pay for the finance industry. There are many very bright people who work here that often leave within a few years because of various reasons, compensation usually being at the top of the list.

    Advice to ManagementAdvice

    Job turnover is directly related to compensation and quality of life at work. Things have been done recently to improve this, but there is always room for improvement.

    Approves of CEO
There are newer employer reviews for Cambridge Associates, LLC

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