There are newer employer reviews for Pioneer Investment Management

A company fixated with its past and history but not concerned with the morale of current employees today.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - -
Former Employee - -

I worked at Pioneer Investment Management

Pros

I joined at a time when the company seemed quite dynamic and respected. But that changed over the past 3 years.

Cons

Lack of respect for the staff, widespread problems with morale and high staff turnover. Stress, fatigue and burn-out.

Advice to ManagementAdvice

Pioneer Global Investments must learn to value its staff. Also middle management need to be trained to respect their staff - a clue would be to have a look at those who loose staff regularly. These problems existed before the current Investment banking crisis.

Doesn't Recommend
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  1. Solid company with competitive investment products and great people.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Management in Boston, MA
    Former Employee - Management in Boston, MA

    I worked at Pioneer Investment Management full-time (more than a year)

    Pros

    It's a well structured and well run company with plenty of room for business and employee growth. It fosters a collegial environment where ideas for improvement are well received and promoted. I found the compensation package overall satisfactory.

    Cons

    It's owned by UniCredit Group (a large European bank) and considering the recent economic mayhem in Europe, it would be a concern should there be any spillover effect. However, it should be noted that UniCredit has been managed quite well during the preceding global economic crisis.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Decent Place to Work, Depending on the Department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Infrastructure in Boston, MA
    Current Employee - IT Infrastructure in Boston, MA

    I have been working at Pioneer Investment Management full-time (more than 10 years)

    Pros

    Good benefits, certain departments offer good work-life balance, some managers are very good, great location on State Street right at Faneuil Hall.

    Cons

    Pioneer has a track record of offering poor salaries, settling for mediocre talent and hoping for a few diamonds in the rough to stay with the company. Pioneer displays poor communication, especially from Human Resources department, low salary, and short staff due to several workforce reductions in past years. There is also an unstable environment; pending merger is public record.

    Advice to ManagementAdvice

    Improve salary to keep best performers at Pioneer and to attract the best talent. Provide better communication and stop pushing raises (when they are actually given) out further and further every year.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Pioneer Investment Management

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