Financial Engines Reviews

Updated August 27, 2015
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67 Employee Reviews

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  1. Helpful (6)

    Rearranging deck chairs on the Titanic

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Financial Engines full-time (More than 3 years)

    Pros

    Nice people, improving tech stack, decent pay, more realistic calculation of bonuses vs last year

    Cons

    While "sinking ship" might be too strong, the company's growth has definitely slowed and morale is terrible. After six months of concerted efforts to improve "employee engagement", that score has actually fallen as measured by the HR survey. The worst score for the past few years revolves around senior management. No one really believes they have a plan. They seem to just bumble along relying on luck rather than strategy. Meanwhile they cut our bonuses in half and give themselves raises. The disconnect between rank and file employees and senior management is profound. No one above Director level seems to understand how bad it is. The company is hiring, but I don't know many people who would recommend coming here. I'm actively looking for a new role myself, so how could I ask a friend to come over?

    Advice to Management

    Create a shared vision for the future, then build a real plan for getting there. No more big metrics with no idea how to achieve them. That's just amateur. Stop giving yourself raises, bonuses and more stock options when you cut everyone else's bonus because of your poor business decisions.


  2. Helpful (2)

    Changes Are Exciting

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Engines full-time (More than 3 years)

    Pros

    Culture of Learning Culture of implementing technology tools which make sense for our customer Very nice people HR is very helpful

    Cons

    Old school leadership No Big Data, Analytics, or Hadoop technology being adopted

    Advice to Management

    Move towards where the WORLD is going


  3. Helpful (4)

    Great mission, low pay, biased hiring

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tech Employee in Sunnyvale, CA
    Former Employee - Tech Employee in Sunnyvale, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Great mission and business model with huge potential Smart people who want to do the right thing New CEO is no-nonsense business man

    Cons

    Low pay for Sunnyvale environment -- employees who were there pre-IPO are millionaires and others are scraping by to afford Bay-Area housing, this is feeding low morale among new employees Inconvenient location unless you live in the South Bay Don't bother applying unless you are a Stanford or Ivy League grad (for upper management); or East Indian (for the tech team)

    Advice to Management

    Keep it simple and focused to improve enrollment; fix the IT infrastructure; hold people accountable


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  5. Helpful (2)

    Meh

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Start-uo mentality. Reasonable leadership. interesting work

    Cons

    Long hours, comp not always in sync, leadership sometimes not in touch with reality...recent changes probably good.


  6. Helpful (1)

    Don't bother

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Specialist in Phoenix, AZ
    Former Employee - Specialist in Phoenix, AZ
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Financial Engines full-time (Less than a year)

    Pros

    It's a job if you need one and the individuals on the front line are mostly good.

    Cons

    Pay is low and the bonus plan is a joke since most workers cannot affect the metrics used to calculate.

    Advice to Management

    Train your middle management. Basics like not swearing at staff or dressing down someone in front of other colleagues should not occur. The excellent mission and product is getting degraded due to employees having to work in the juvenile corporate culture.


  7. Helpful (1)

    Senior Manager

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Financial Engines full-time

    Pros

    I get to work with intelligent and passionate people who truly want to help our clients achieve their retirement goals. The mission of the company is clear, and it's why people work here: we help people.

    Cons

    Financial Engines runs very lean in some areas, which can make things harder for some teams. Still, there's a lot of focus on improving process and people.

    Advice to Management

    Don't forget about the stuff that supports the company - sometimes, those teams have just as much impact on a company's success as the people making the cool stuff.


  8. Helpful (3)

    No Great People

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Financial Engines full-time (More than a year)

    Pros

    - Flexible Time - Great Healthcare Benefits

    Cons

    - People are awful. - Culture is awful. - Gossiping is everywhere. - Salary is terrible


  9. Helpful (1)

    Great company to work for!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Current Employee - Anonymous Employee in Sunnyvale, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great benefits, brand new office with free gym, free snacks and drinks, telecommute options available.

    Cons

    Long commute if you don't live in the South Bay or Peninsula.


  10. Helpful (1)

    Great place to learn

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Chance to get involved in cutting-edge tech rightaway. No office politics Good compensation

    Cons

    Virtually none. Company size might be an issue.

    Advice to Management

    Reduce the number of meetings.


  11. Helpful (5)

    bad middle management, very not efficient working style

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software QA Engineer in Sunnyvale, CA
    Former Employee - Software QA Engineer in Sunnyvale, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The benefit of the company is good

    Cons

    The company culture is OK, there is not much employee engagement. the working style is not good.

    Advice to Management

    Come out of the box, the middle management is killing the company.



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