Prudential Investment Management – “Once a great place to work. Now just a place to work.”

Pros

The people you work with. The support groups work well together and overall have a good time getting the job done.

Cons

The benefits and compensation has been cut. Not sure that they are much better than many start-up company's now. No real pension anymore, just a cash balance and 401K plan. Post Retirement medical is gone for anyone under 40. Unless you are a Senior VP you don't really participate when the company has a good year. You do participate when the company has a bad year. Many of the top guys in the business groups treat the support groups like trash.

Advice to Senior Management

Start looking at making the compensation plans refect company results and not how management thinks the pie should be cut up.