OppenheimerFunds Reviews

Pros

great flexible hours-37 is FT pay, ongoing relevant required training, complete benefit package, numerous opportunities for advancement, support the military and veterans

Cons

bad location in relation to where I prefer to live. HR hires without input from supervisors but they also have the honor of firing so evens out.

Advice to Senior Management

keep improving training opportunities, move to more rural area so Denver traffic is not so much of a concern. smiles

Pros

Flexible work schedule (can telecommute periodically)
Great team environment
Excellent benefits package

Cons

Little opportunity for professional growth
Straight development work
Different development teams work within their own silo
Large corporate ceiling that is difficult to penetrate to affect change

Advice to Senior Management

Give better feedback to your developers so they know you're listening
Make it easier for team members to move between departments. Train from within.
Shift developers through different roles so they are more well rounded.
Embrace new technology and do not wait until a product is End Of Life before upgrading it.

Pros

Treated fairly. Most managers know what they are doing a and have employee's best interest at heart. Like the caring atmosphere..and most managers help manage a work/life balance!

Cons

Lots of pressure to not make errors..and getting a job off the phones can be hard.

Advice to Senior Management

Keoep up the good work! Asst sups, and supervisors in the call center need to be trained better (espcecially if they are promoted from the phones/processing. Sr. Managers are pretty visible and have regular town halls to share what is going on.

Pros

The best things about OppenheimerFunds had to be the relaxed atmosphere and nice co-workers. There wasn't a lot of intra-OFI competition.

Cons

There was definitely a lot of stagnation. The same funds are sold over and over again, without new ideas coming down the pike.

Advice to Senior Management

I think they should focus on growth. OFI was a strong business model when mutual funds were in strong inflows, but they are largely in outflows now, so they need to re-focus the business.

Pros

People are nice, and helpful.
Good place to get a license-If you can pass the test the first time

Cons

Currently going through a "back door lay-off" Not a good sign.
No room for growth- Whatever job you start with you will end with
No new ideas-leadership, if you can call them that-does the same thing over and over.
Same old management from year to year, with no new blood.
Stagnant work environment-No new blood at all.
Total lack of loyalty to employees!! They will stab you in the back in a heart beat.

Advice to Senior Management

Grow a pair and learn how to run a business effectively! It's not 1989 anymore! Also, stop dropping your experienced employees for newbies who don't know what they're doing. And, you can replace about half of your management staff easily!

Pros

Brand potential exists in marketplace

Cons

Growth challenges need to be addressed

Pros

Good pay, great bonuses, great medical benefits

Cons

Slow moving, huge gap between strategic and tactical, poor leadership, lacks vision

Advice to Senior Management

Stop lying to employees and yourselves by espousing innovation and leadership. It only creates false expectations. OppenheimerFunds is an investment firm that has done well by creating slow and steady investment growth. Play to your strengths and be content with a mediocre IT department that does well in that environment.

Pros

- Annual bonuses
- Good benefits

Cons

- HR personnel are not friendly
- Very strict performance standards in the call center

Advice to Senior Management

- Management needs to learn to recognize specific skills in their employees and encourage personal growth and development

Pros

Good pay and benefits there.

Cons

Not real cutting-edge due to legacy systems.

Pros

Time off benefits. The old culture was what the company was known for..

Cons

Senior management making haste decisions on important business activities.