There are newer employer reviews for PIMCO

3 people found this helpful

A good place to learn the fundamentals, but skill set can be very PIMCO specific.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Asset Information Business Analyst in Newport Beach, CA
Current Employee - Asset Information Business Analyst in Newport Beach, CA

I have been working at PIMCO full-time (more than a year)

Pros

You can learn from very talented hard working professionals. Management is very understanding and kind. Work can be dynamic at times. Support for CFA programs ... although most CFA content does not help move you forward within the firm.

Cons

Early and long hours. Usually work through lunch. Always very busy and not much time to delve deep into projects. You might feel frustrated after working at the firm for 3-5 years with lateral growth rather than internal promotions. PIMCO prefers hiring in leaders not growing them internally.

Advice to ManagementAdvice

Employees should feel more involved and engaged. Many of the processes should be improved or automated.

Recommends
Negative Outlook
Disapproves of CEO
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  1. 4 people found this helpful

    Great experience, but things have changed

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

    I worked at PIMCO full-time (more than 10 years)

    Pros

    World-class firm, smart colleagues, good pay.

    Cons

    Has apparently become very political with emphasis on face time
    Poor work/life balance.
    They're going through tough times and may have peaked out.

    Advice to ManagementAdvice

    Find another Bill Thompson for CEO!

    Recommends
    Negative Outlook
    No opinion of CEO
  2. 12 people found this helpful

    A place to earn experience and move on after year 2.

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

    I worked at PIMCO full-time (more than 5 years)

    Pros

    If you make MD or SVP on the trade floor you will get paid way more than the sell-side (otherwise you get paid less).
    The name, it goes a very very long way, believe it.

    Cons

    Very dysfunctional culture and senior management. Very few opportunities for growth. None of the typical grooming for the future culture you see at other Wall St firms. They will hire talent from outside at all costs rather than promote from within. Will work you to the bone. High pressure environment with really little reward. Lots of politics, more politics than a cut throat law firm. Everyone is out for themselves. Very high turnover. Ridiculous focus on facetime. Employees are openly chastised and lashed out against. You will not find a single happy person, I have never met a single person who was happy at Pimco. People in the know in the industry know this is a miserable place to work, do not waste your time here, it is not worth it.

    Advice to ManagementAdvice

    Seriously need to provide better opportunities for growth to your best talent

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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