OppenheimerFunds

www.oppenheimerfunds.com
Employer Engaged
There are newer employer reviews for OppenheimerFunds

 

Incompetent Business Partners & Mid Level Executives

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Technical Manager in Denver, CO
Current Employee - Technical Manager in Denver, CO

I have been working at OppenheimerFunds

Pros

OppenheimerFunds offers a great benefits and salary + bonus for top performers in the technology group. The technology groups operate in an agile environment.

Cons

Business leaders are completely unorganized and unable to function. Similarly, mid level executives in technology and the business units try to protect their own jobs to make up for their own lack of insight and ability to deliver by limiting the growth of front line employees, supervisors, and managers. Mid level executives in technology and the business units refuse to 'promote' but continue to push responsibilities on top performers with the 'promise' of career growth, but I cannot remember the last time promotions actually occurred in the company. Maybe 3 years ago. Mid level executives also tend to act like they are above everyone else and do not engage in conversation unless it is personally beneficial. No social connection with employees what-so-ever.

Advice to ManagementAdvice

Recognize top performers with career growth opportunities. Celebrate successes. Engage employees more.

Approves of CEO

140 Other Employee Reviews for OppenheimerFunds (View Most Recent)

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  1.  

    This is not the place to grow your IT knowledge or carrier

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Developer in Centennial, CO
    Current Employee - Software Developer in Centennial, CO

    I have been working at OppenheimerFunds

    Pros

    Close to market compensation, bonus.
    Some training classes are available.

    Cons

    Oppenheimer IT is behind the curve, systems are old and unreliable, which causes extra work and overtime, there is no comp time. IT is run as customer service and cost center as opposed to a strategic partner to the business who can make decisions and suggestions. Result - the company has very few highly intelligent and capable engineers.
    Purchasing software development tools is a major pain - almost nothing get's approved.
    Locked up computers means you can not install your own tools...
    Management is not interested in making improvements - they seem to create some level of job security for themselves by creating convoluted solutions and supporting them for years. In general, management is very passive and takes "do not rock the boat" approach.
    Lot's of micromanaging.
    Not a good work/life balance.
    Oppenheimer DOES NOT care about their employees across all business units.

    Advice to ManagementAdvice

    Learn to respect engineers, listen to what engineers have to offer, promote their ideas to help make it a good place to work, stop playing politics and concentrate on improving existing processes and systems.
    Respect and reward employees. Develop your managers to work with people and build trust.
    This will pay off in a long run.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    A Great Place to get Started

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern in Englewood, CO
    Former Employee - Intern in Englewood, CO

    I worked at OppenheimerFunds

    Pros

    -Weekly meetings allow you to learn aspects of every dimension of the company.
    -It is a paid internship!
    -Managers and peers trust interns with the proper amount of responsibilities which grows as the summer continues.
    -One of the best fund management firms around.

    Cons

    -Unless you get an internship in the department you want it will be difficult to get a full time position there.
    -Most entry level positions involve a lot of long hours on the phone, at what seem to be low wages.

    Advice to ManagementAdvice

    -Make the departments that spend so much time on the phone more appealing, it does not come off as a job I want when I hear that employees have a hard time leaving their desk to use the bathroom.

    Recommends
    No opinion of CEO
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