Teacher Retirement System of Texas

www.trs.state.tx.us
Employer Engaged
There are newer employer reviews for Teacher Retirement System of Texas

3 people found this helpful  

Wokring here is like running for office

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Portfolio Manager in Austin, TX
Current Employee - Portfolio Manager in Austin, TX

I have been working at Teacher Retirement System of Texas

Pros

- Good compensation in light of current job market
- Nice offices for investment division
- Some competent people if you choose carefully
- Positive press means reputation is useful when seeking other jobs

Cons

- Senior management team is below average technical and management skills
-- CIO fired from last job (Bridgewater) afer 6 months
-- CIO's direct reports at current and previous employeers very critical of his management style and technical abilities
-- CIO had one of the firm's worst performance reviews (public record).
-- Staff required to "babysit" CIO's son during his "intership" at TRS.
- Promotions based on political skills and willness to "look the other way."
- High turn-over of qualified / marketable staff
-- Deputy CIO (Founded outsourced investment management firm)
-- Director of Alternative Assets (Left to run a university endowment)
-- Director of Externally-Managed Public Investments (Now deputy CIO at another firm)
-- Director of Internally-Managed Public Investments (Now CIO at another firm)
- Political pressure to do deals with friends of CIO and Board of Trustees.
- Anyone looking for a job here should ask about the organizational consultant that worked with TRS

Advice to ManagementAdvice

- Senior management should "Man up" and support staff's recommendations
- Senior management should get work on understanding their limitations and delegating decisions to staff.

Doesn't Recommend
No opinion of CEO

9 Other Employee Reviews for Teacher Retirement System of Texas (View Most Recent)

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  1. 1 person found this helpful  

    Great people, challenging work, and it's all for a great cause.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Teacher Retirement System of Texas

    Pros

    Good company with good people. It all goes for a great cause so it's worth the long hours that are put in occasionally. Also, it's located in Austin which is a plus.

    Cons

    I cannot think of anything. All my experiences were positive so it makes cons very difficult to think of off the top of my head.

  2. 1 person found this helpful  

    a bit slow

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

    I have been working at Teacher Retirement System of Texas

    Pros

    competitive pay, flexible time off

    Cons

    no reviews or promotions, bad benefits

    Advice to ManagementAdvice

    more respect to employees

    No opinion of CEO
There are newer employer reviews for Teacher Retirement System of Texas

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