MFS Reviews
Updated Oct 27, 2011 – Reviews are posted anonymously by employees.
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Company Rating Based on 16 ratings Employees say it's "OK" |
CEO Rating
Based on 6 ratings
President, CEO, and Chief Investment Officer |
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Pros
work/life balance, genuine 'team' culture
Cons
limited opportunities, excessively burdensome red tape to get anything done
Advice to Senior Management
Streamline processes to make employees more productive
Pros
Hours are reasonable and there are great benefits.
Cons
Culture is very stuffy and they don't appreciate innovation, they have a 'their way or the highway' mentality
No career growth opportunities in technology. You are basically pigeonholed into the role you start in.
Promotions, raises and bonuses are few and far between
Advice to Senior Management
Salaries need to go up and promotions and bonuses should come more frequently.
Pros
great location, respectful staff, easy to fit in, clearly defined job obligations and expectations, good reputation, coworkers who desire to work there
Cons
roles distinctly defined, almost too defined at times, male dominated
Advice to Senior Management
don't be overly conservative
Pros
Strong financial backing by parent company
Consistency in messaging, approach, and mission
Focus on employees career advancement
Cons
Salary divergence between high and median earners
Advice to Senior Management
Pay up
Pros
nice people and good management.
Cons
high turn over, need to know the right person to move up.
Pros
Good benefits
Good location
Some pretty smart people
Senior management puts energy into staying engaged with staff
Cons
Lots of internally developed middle managers with little outside experience, leading to a minimally dynamic management team.
Many middle managers seem fearful of those above them and often act to quell any chance of looking "bad" or risk taking in favor of making their superiors look favorably upon them - when a better course of action for the staff and often for the company would have been quite different.
A relatively large disconnect between what senior management perceive of staff satisfaction with MFS and staff actually perceive and feel.
Advice to Senior Management
Many middle managers have been promoted during good times - without theoretical and practical experience to lead and move forward in more challenging times. Find more ways to tap into genuine, unvarnished employee thoughts and opinions - or continue this cycle of poor middle managers driving employees away.
Pros
There is a good work/life balance, good benefits, and steady workflow. Some smart and interesting people.
Cons
Extremely political atmosphere – gets in the way of productivity and delivering good work. Company is very traditional – needs to be more forward thinking.
Advice to Senior Management
Focus on teamwork.
Pros
- Benefits are awesome
- Given a lot of autonomy
- Some great people
Cons
- Culture is horrible
- Management is not proactive
- Firm overall hugs the becnhmark
Advice to Senior Management
- Try to improve the culture because its going down hill
Pros
Benefits, defined contribution, vacation, people get along but usually forms cliques, the company is good with keeping employees informed with current events at company
Cons
My department is very busy and personally I feel completely overwhelmed with work and it just doesn't seem that Managers can do anything about it.
Advice to Senior Management
If the workload is not more evenly distributed people will begin to leave which will devastate your remaining employes even more.
Pros
Good focus on work life balance, comp is comparable
Cons
Smallish and cliquish at times
Advice to Senior Management
need to remember to focus on employees
