There are newer employer reviews for Putnam Investments
There are newer employer reviews for Putnam Investments

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Use to be a good place to work.

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

I have been working at Putnam Investments full-time (More than 10 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

Great 401K contributions.
Excellent family leave for new mothers and fathers.
Vacation time is earned quickly
Some good managers, some bad managers 50% chance of either.

Cons

Putnam use to treat everyone with respect.
Putnam has now returned to the mentality of the 1990’s of “Do you know who I am”.
Most management is only looking out for themselves these days.
The ship is sinking.

Advice to Management

You should bring back Ed Halderman, before your assets under management are bought out by another company and you are all out of a job.

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  1. Intern

    Former Intern - Anonymous Intern in Andover, MA
    Former Intern - Anonymous Intern in Andover, MA

    I worked at Putnam Investments as an intern (Less than a year)

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Flexible Time which was great being a student with a full course load at the time.

    Cons

    Huge Company, worked in a remote location within building.


  2. Helpful (1)

    Bad and getting worse......

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager in North Andover, MA
    Current Employee - Operations Manager in North Andover, MA

    I have been working at Putnam Investments full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Still some good benefits. Health and Dental are reasonably priced and there are good option offerings. Profit sharing is fairly consistent each year. Vacation accrual is good if you can stay on long enough. Maternity & Paternity leave available.

    Cons

    Work week used to be 35 hours, but changed to 37.5 randomly without augmenting salary or bonus in 2010. Layoffs always looming. Over the past several years it's turned into a "Survivor Island" environment. No room for collaboration since everyone is worried about their own fate. Fund performance still not very good. Communication is poor at all levels. Culture is still in a state of flux as it's moved from the Lasser - Halderman - Reynolds phases. Three different Senior Leaders with 3 diferent styles in less than 10 years. You can do better elsewhere within the fund industry. Especially in MA.

    Advice to Management

    Go back to treating the people in the organizaton like your best performing investment vehicle. It will yield you a great return in a short time.


There are newer employer reviews for Putnam Investments
There are newer employer reviews for Putnam Investments

See Most Recent

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