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4 people found this helpful  

Corrupted company with seriously dysfunctional HR Department that covers every possible management harassment case.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  Palo Alto, CA
Former Employee - Anonymous Employee in Palo Alto, CA

I worked at Financial Engines

Pros

It used to be a very nice company when it just started where people were nice with bunch of great ideas.

Cons

No career growth with very low compensation. Management harassment all over the place with no HR to protect you. Company full of management lunatics that only worry about what they put in their pockets. Many good people including executive management leaving company as they feel company hasn't changed and have no future. Engineering and QA has been outsourced to India that lead to very poor product quality that over time is just getting worse and worse. Server side is extremely unstable and crashing all the time. Basically, it's not about people, it's about how much money management can put in their pockets.

Advice to ManagementAdvice

Hire professional management that cares about people and their career growth. STOP OUTSOURCING JOBS TO INDIA and START INVESTING MONEY INTO AMERICAN ECONOMY!!! Hire professional HR that can protect their employees and not just cover management mistakes. Executive management should stop flying in the clouds and start facing reality. You're all leaving in some kind of dream world of "Financial Fantasy" that doesn't exist.

Doesn't Recommend
Disapproves of CEO

38 Other Employee Reviews for Financial Engines (View Most Recent)

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  1. 1 person found this helpful  

    The people are great but...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Palo Alto, CA
    Former Employee - Anonymous Employee in Palo Alto, CA

    I worked at Financial Engines

    Pros

    I really believed in what the company is doing by making financial advice more egalitarian. I've met some wonderful and smart people there.

    Cons

    Departments have different criteria for promotions. This left you wondering why some teams were constantly promoting their people while others were not. Plus the teams are constantly being reorganized. Also there is a culture gap between the various offices that caused friction.

    Advice to ManagementAdvice

    The flat organizational structure doesn't give people enough opportunity to continue to build their skill sets. There is not incentive to stay on if there is no where to go.

    Disapproves of CEO
  2.  

    One of the best places to work in the Bay Area

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Development Manager  in  Palo Alto, CA
    Current Employee - Software Development Manager in Palo Alto, CA

    I have been working at Financial Engines

    Pros

    It is one of the most employee friendly companies that I have worked for. This is shown by the fact that there th average tenure of folks in the Software Development Team is 8 years. The management is really open and communicates very effectively with the employees.

    The company has a very generous PTO plan with all the standard benefits and 401(K) plan with company match. Also the company has been paying really good bonus for the last few years (yes in this economy!!)

    The office in Palo Alto also has a game room with Big Screen TV, Wii, Pin ball machine, snooker table & Foosball. Plus we have free soda, juices etc. Hey it's no google, but combined with the work life balance and the benefits I think it is a great place to work.

    Cons

    We are constantly fighting fires in the Software Development side. There is never a lull period where we can work on good projects. I guess this is the issue with smaller companies where we give in to customer demands always.

    Advice to ManagementAdvice

    The Management should set more realistic annual goals. We set the standard really high and are unable to achieve it often.

    Recommends
    Approves of CEO
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