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National Equity Fund Inc.
3.0 of 5 7 reviews
www.nefinc.org Chicago, IL 50 to 149 Employees
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3.0 7 reviews

                             

100% Approve of the CEO

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Joseph S Hagan

(3 ratings)

25% of employees recommend this company to a friend
7 employee reviews
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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Senior Management
         
  • No Opinion of CEO

 

Chicago, IL

Former Employee – worked at National Equity Fund Inc.

ProsGood benefits, decent pay scale.

ConsNEF has a secretive culture and is not that friendly

Advice to Senior ManagementBe more open

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Senior Management
         
  • Approves of CEO

 

Current Employee – been working at National Equity Fund Inc.

ProsThe Company is truly committed to increasing the availability of affordable housing. Coming from a profit driven career, the idea that I am helping people is refreshing and motivatingmotivating. Benefits are also good. 4 weeks vacation + Personal days for alll employees

ConsThe pay could (should) be better. There is an unusually large disparity in pay between senior management and everyone else, including mid level managers. This is surprising given we are a non-profit. Certain departments can be caddy and unprofessional.

Advice to Senior ManagementAddress compensation issues. Also, titles and promotions are a great way to motivate people who work hard (even if it does not come with a large pay increase). Find ways to reward employees even in difficult times.

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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Senior Management
         

 

Chicago, IL

Former Employee – worked at National Equity Fund Inc.

ProsVacation, Sick, and Personal days were great. 5+ weeks vacation and personal just starting day one on the job. The 401K match is great too after staying there for a 1 or 2. Non-profit likes to party it up a bit and have a good time. Very basic 9-5 job but really doesnt challenge as much as it should for most not involved in the acquistiions or investments side of things.

ConsPoorly paying company. I realize non-profit but come on. Very bottle necked organization to get any investment ideas through it floats through 2 people. Political and a many unprofessional acting employees.

Advice to Senior ManagementTighten up the ship as far as professionalism around the office, end the political bs, and try to pay your lower end employees a little better.

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Former Employee – worked at National Equity Fund Inc.

ProsGreat place to work, the people were nice. More laid back

ConsCan get borrowing at times

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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Culture & Values
         
  • Senior Management
         
  • Approves of CEO

 

Former Employee – worked at National Equity Fund Inc. full-time for more than 3 years

Pros-friendly departments (overall)
-others are willing to teach you, even if not directly related to your position
-great benefits package (4 wk vacation)

Cons-little/minimal employee training
-difficult to move upward from within
-for-profit culture (the things you overhear in the office are unreal), with non-for-profit salaries

Advice to Senior ManagementReign in some of the wildly unprofessional employees/vps, encourage younger employees to learn/grow within company... might make it a bit more of a friendlier place to work long-term.

Yes, I would recommend this company to a friend

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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Senior Management
         
  • Approves of CEO

 

Current Employee – been working at National Equity Fund Inc.

ProsThe cause of affordable housing is a righteous one. The beneifts including matching 401K and generous vacation time are pluses.

ConsThe company is top heavy with many chiefs and too few indians actually producing the real work .
A good old Boy mentality exists amoung senior staff. Opportunities for advancement only are available to those in the elite inner-circle.All others are left out in the cold. The company fails to invest in wothwhile emplyee training. Salaries are too low and not in line with rest of industry.

Advice to Senior ManagementStop promotiing the "good old boy" mentality amongst senior staff and enable all staff to participate in the decision making process. Invest in and empower your dedicated staff and you may be pleasantly suprised with the results..

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
  • Career Opportunities
         
  • Comp & Benefits
         
  • Senior Management
         
  • No Opinion of CEO

 

Former Employee – worked at National Equity Fund Inc.

ProsOkay place to work with decent mission. If you like finance and are looking for a place with more of a mission than a bank then it is good.

ConsKind of boring, not much a company culture. not all the friendly of a place to work. not memorable at all.

Advice to Senior ManagementNone

No, I would not recommend this company to a friend

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