Och-Ziff Capital Management

  www.ozcap.com
  www.ozcap.com
There are newer employer reviews for Och-Ziff Capital Management

4 people found this helpful  

You won't be challenged here but the environment is nice

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee in New York, NY
Former Employee - Anonymous Employee in New York, NY

I worked at Och-Ziff Capital Management

Pros

- Free lunch everyday. Choice of menu.
- Great location (5th and 57th)
- Nice comfortable office with low noise
- Infrastructure is good

Cons

- Little opportunity for advancement unless you are part of the business
- Old-timers are entrenched and it is very difficult to break through
- Maintain status-quo. Don't rock the boat. Superb work is paid lip-service but not recognized.
- Not enough challenging projects.

Advice to ManagementAdvice

Create opportunities for those that are in a support function to be challenged. Find a means to incorporate those folks into your business. Otherwise you will just end up with mediocrity.

Doesn't Recommend
Disapproves of CEO

5 Other Employee Reviews for Och-Ziff Capital Management (View Most Recent)

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  1.  

    Not Worth It

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY

    I have been working at Och-Ziff Capital Management full-time (more than an year)

    Pros

    Get breakfast and lunch. Comp is decent.

    Cons

    Poor management and long hours

    Doesn't Recommend
  2. 2 people found this helpful  

    Culture of suppression. Infantile management. Elementary level of work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Och-Ziff Capital Management full-time

    Pros

    Breakfast available. Lunch paid for. Moderately higher compensation than large banks. Some very high caliber coworkers.

    Cons

    Closet management. Fear culture. Rigid chain of command with extreme level of micromanagement, to include dictating whether you can communicate with other members of firm or attend meetings in your area of responsibility. Zero communication with regard to industry trends of company news, especially news of a serious nature such as SEC investigations. Job duties and responsibilities require the intellect associated with early high school education. No one on one career development. Zero assessment of work quality until final review. Bonuses far below sector levels. Public firm which almost eliminates meritocratic environment. Job responsibilities do not match those explained in interviews. Very little room for advancement and almost no internal mobility. Most people have been doing the same job for 8 or more years. Unnecessarily long hours with zero focus on strategic technical improvements. Majority of employees unhappy with jobs. Employer retaliation likely in cases of looking/interviewing externally.

    Advice to ManagementAdvice

    Remove long term functional and line managers and replace with fresh talent with forward thinking mentalities. Institute a cultural review and seek consulting with respect to generational divides. Top to bottom revamp of operations organizational structure. Replace COO.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Och-Ziff Capital Management

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