National Equity Fund Inc.

  www.nefinc.org
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National Equity Fund Inc. Reviews

Updated Mar 4, 2014

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All Employees Current Employees Only

2.6 10 reviews

75% Approve of the CEO

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Joseph S Hagan

(4 ratings)

14% of employees recommend this company to a friend
10 Employee Reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    asset analyst

    Asset Management (Former Employee) Chicago, IL

    Prosthe benefits are very good, some of the co workers are good team leaders and players.

    Constoo top heavy, too many chiefs and not enough workers, the workers are not promoted to higher position within the company. Meaning no majorities are promoted to VP positions.

    No, I would not recommend this company to a friend

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

     

    The Haves and the Have-Nots

    Anonymous Employee (Current Employee)

    ProsLots of autonomy, great hours (9 to 5), manageable workload, great benefits including 401k match, 4 weeks vacation, travel (for some), great downtown Chicago location.

    ConsThe salaries for those not in the inner circle are below what similar positions elsewhere pay. The company justifies this by pointing out the fact that they are "non-profit". The only ones who are non-profit are those who are not in the innner circle. Upper management are paid like for-profit investment bankers. Check Guidestar.com for upper management salaries.

    Advice to Senior ManagementLevel the income disparity! Employees will inevitably become disgruntled when upper management salaries are discovered and the inequity becomes apparent.

    No, I would not recommend this company to a friend

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

     

    Very, Very Political Company

    Anonymous Employee (Former Employee) Chicago, IL

    ProsGood vacation and sick benefits. The 401K is competitive.

    ConsKnowledge and work ethic are not recognized. One must become part of the inner circle to survive. Professional and competent people who may present their expertise verbally or in writing likely will be criticized. Sr Management consistently targets the outsiders so one is dammed if you do and dammed if you don't.

    Advice to Senior ManagementChange to corporate definition of a team player from a yes person. Recognize each departments contributions equally. Too top heavy with officer titles and compensation, especially for the number of reporting employees. Many Sr VPs have one to three direct reports. VPs have no direct reports or two to four. Titles should not generate exceptional compensation for with very limited overall corporate accountabilities/contributions.

    No, I would not recommend this company to a friend

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

     

    Not a great company culture, but decent hours and pay.

    Anonymous Employee (Former Employee) Chicago, IL

    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

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

     

    Great company...if you are a VP or higher

    (Current Employee)

    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.

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

     

    NEF a great starting job but nothing for a career....

    Acquisitions Analyst (Former Employee) Chicago, IL

    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.

     

    Great

    Anonymous Employee (Former Employee)

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

    ConsCan get borrowing at times

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

     

    good place to learn

    Anonymous Employee (Former Employee)

    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

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

     

    NEF a poor place to work

    Anonymous Employee (Current Employee)

    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

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

     

    Fine

    Anonymous Employee (Former Employee)

    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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