PIMCO

  www.pimco.com
  www.pimco.com
There are newer employer reviews for PIMCO

1 person found this helpful  

Hard to Advance

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

I worked at PIMCO

Pros

Located in a great area in Orange County. I made some of my best friends working there. There is opportunity to work in global offices but it can be political. Benefits are great and if people like you they are willing to help.

Cons

The running theme is that teams are run too thin, company is very lean and doesnt pay well, at all. Very difficult to advance even when well liked becuase you don't learn very much outside of the scope of your role, sometimes even if you ask. Frequently, employees quit and get training elsewhere and then comeback or go to MBA school and then come back.

Advice to ManagementAdvice

Organizational structure is not set up well and it would be wise to restructure roles to give younger employees more opportunity for internal growth.

Approves of CEO

96 Other Employee Reviews for PIMCO (View Most Recent)

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  1. 3 people found this helpful  

    Tough Environment

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

    I worked at PIMCO

    Pros

    Generally very sharp people in investment teams, comp is very good, much better location than NYC

    Cons

    Non investment professional management is very poor, esp. In IT group. Culture has deteriorated as company has grown over last 5 years becoming bloated, very political, and cut throat (although there are small pockets of the old PIMCO). Face time and appearances are often more critical than results

    Advice to ManagementAdvice

    Need better managers not just bright people to balance the use of carrot and stick

    Doesn't Recommend
    No opinion of CEO
  2. 3 people found this helpful  

    Good top management team, lousy IT Department.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Engineer in Irvine, CA
    Current Employee - Software Engineer in Irvine, CA

    I have been working at PIMCO

    Pros

    Decent pay.

    World class bond investment and management.

    Cons

    It is not up to current IT technologies; keep using old legacy technologies.

    No software process.

    Nothing to learn.

    Bad management style in the IT group.

    Advice to ManagementAdvice

    Need to restructure the IT Department from ground up.

    Doesn't Recommend
    Approves of CEO
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