Russell Investments

www.russell.com
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There are newer employer reviews for Russell Investments

 

Neutral

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in London, England (UK)
Current Employee - Anonymous Employee in London, England (UK)

I have been working at Russell Investments

Pros

Work/life balance. Very laid back organisation.

Cons

Company is in transition and is seeking to define its role in investment management.

Advice to ManagementAdvice

Right size the company faster

Doesn't Recommend
Approves of CEO

110 Other Employee Reviews for Russell Investments (View Most Recent)

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  1.  

    Good place to learn though staying power is waning...

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

    I have been working at Russell Investments

    Pros

    Decent benefits, relatively flexible working hours are the top two things that come to mind.
    Having been around the various offices globally, it's not a lie to say the company has some really nice people (though this varies a bit from office to office depending on the local culture). Everyone's easy to get along and happy to lend a helping hand. Work provides great exposure and learning environment as long as you're independent, self motivated and thrive on DIY. People are smart and extremely hard-working, going beyond their call-of-duty to fulfill client needs.

    Cons

    Poor communication from management
    No clear roadmap of how vision and strategy will exactly translate to an implementation plan, though this could improve in 2012
    The unwinding of certain past initiatives vs. others creates more questions
    The work environment sometimes can be too independent in that there's lots of expectation but little support from management - molds a tougher personality which isn't all bad
    Technology especially analytical tools need a massive upgrade - a major part of the reason that bogs down work processes and delay deliverables!

    Advice to ManagementAdvice

    Pay real attention to issues raised by employees rather than just lip service
    Invest in technology - it's what a long-term, patient investor would do today

    Approves of CEO
  2.  

    Poor, short-sighted management who buries head in sand

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

    I worked at Russell Investments

    Pros

    The staff are extremely hard-working, intelligent, and dedicated. Everyone at line staff level performs their tasks diligently.

    Excellent benefits and competitive pay.

    Cons

    Management is very poor at leadership and decision-making. Direction is seldom clear and can turn on a dime, leading to a tremendous amount of confusion and rework.

    Decision making is very slow. It took over a year to select an IT infrastructure outsource provider from only two candidates when one was head and shoulders above the other.

    Cost management is non-existent. The bulk of the technology staff is in Seattle. The head of technology is in London. The Tech Chief of Staff - an utterly useless position - is in NY. The head of infrastructure lives in SF, flies to Seattle every week, and lives at the Four Seasons. These three people rack up enormously high travel costs and then spend more time complaining about travel costs instead of concentrating on the much higher and uncontrolled technology costs.

    Finance only makes things worse. I am a techie and I am expected to analyze loads of cost data and somehow manage costs. The Finance model has Financial Analysts making sure costs go in the right buckets and passing out standardized reports with no usable information - that's it, no analysis or assistance given to those of us who really need it.

    We recently let go a contracted FA who was dedicated to our infrastructure outsource project. The guy was amazing. He saved millions with analysis that the IT staff could never do. He would have saved more once the invoices start arriving and require analysis of resource usage - "save thousands and lose millions" is the credo here.

    The Finance staff left behind is non-responsive and devoid of any analysis ability.

    Way to go. I didn't really need my bonus, or profit-sharing, or a pay raise.

    Advice to ManagementAdvice

    Cut several layers of management. Adopt a 21st century cost management model. Find financial analysts who can actually analyze something and be proactive.

    Doesn't Recommend
    No opinion of CEO
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