Pacific Crest Securities

  www.pacific-crest.com
  www.pacific-crest.com
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Nickel and dime culture. Management is ignorant. Compensation one of the worst on street.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Pacific Crest Securities full-time

Pros

Some of the coworkers are friendly. Good place to learn if you have 0 yrs exp in finance. Portland is a nice, quaint town and the city environment is fantastic. Always something to do in Portland.

Cons

The compensation for juniors and mid-level is outrageously low, partially because mgmt understands that they are the only firm in town. Management has even jokingly at a function that the firm has leverage on the employees because Portland is so far away from everywhere else and it would be a pain to move their families. Even the 401K matching is lower than the street average.

This type of thinking causes the firm to inculcate one of the worst cultures on the street. Management turns a blind side to abusive relationships and instills a my-way or highway type of attitude towards the employees, resulting in low company morale. Inexperienced HR department to resolve issues. Career advancement is limited, due to fear of employees jumping ship. Much of employee payouts hampered private equity backing.

Advice to ManagementAdvice

Understand that employee morale is tied to compensation. Instill a more friendly environment. There is a fine line between taking advantage of employees and maximizing company operating margins. If you can't pay employees then dont expect them to work 70 hours weeks and waking up at 4 am.

Doesn't Recommend
Negative Outlook

7 Other Employee Reviews for Pacific Crest Securities (View Most Recent)

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  1.  

    Great place to work, people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Portland, OR
    Current Employee - Anonymous Employee in Portland, OR

    I have been working at Pacific Crest Securities full-time for more than 10 years

    Pros

    People, simple company structure, management values people

    Cons

    Small company, limited resources, limited advancement opportunities

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
  2.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Portland, OR
    Current Employee - Anonymous Employee in Portland, OR

    I have been working at Pacific Crest Securities

    Pros

    You get to work with great people in a very interesting job. Relative to the other opportunities in Portland the pay is very good.

    Cons

    For a firm its size you would expect better communication of objectives. How you are evaluated seems like a black box.

    Advice to ManagementAdvice

    Better communication and more clearly defined objectives is something everyone would value.

    Recommends
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