OppenheimerFunds

  www.oppenheimerfunds.com
  www.oppenheimerfunds.com

OppenheimerFunds Reviews

Updated October 28, 2014
Updated October 28, 2014
119 Reviews
3.5
119 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Arthur P. Steinmetz
10 Ratings

Review Highlights

Pros
  • work life balance unless you are in a group that requires being on call (in 23 reviews)

  • Great benefits and an extremely fun working environment (in 13 reviews)


Cons
  • work-life balance, personal growth, busy culture (in 6 reviews)

  • There are absolutely no career advancement (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Excellent company and people to work with.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Processing Associate in Denver, CO
    Current Employee - Processing Associate in Denver, CO

    I have been working at OppenheimerFunds full-time (more than an year)

    Pros

    Since starting, I've always been amazed by the people I work with and the overall positive vibe. Most everybody enjoys their job, or finds something else within the company. The management is extremely supportive and easy to talk to. Recently, I've been exploring leadership and find that I have immense amounts of support from supervisors and upper management. In addition to the people and management, the health benefits and 401k matching are great. I don't find myself wishing I had a better selection or more compensation to support my health.

    Cons

    On the frontline, you see a lot of management changes and career moves. I haven't experienced a new supervisor, but I heard it happens quite often.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Worst place to work at - NY corporate tech group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Solutions Engineer in New York, NY
    Former Employee - Senior Solutions Engineer in New York, NY

    I worked at OppenheimerFunds full-time (more than 5 years)

    Pros

    work life balance unless you are in a group that requires being on call

    Cons

    1) employees don't get treated nicely. The layout of the floor is very bad, feels more like a sweat shop than corporate development environment. 2) employee morale is always low, ofi cares only about numbers/AUM and not about its employees. New ceo, Art, has only one goal, $400 billion AUM in next 4 years and does not care about anything else. 3) There have been lot of layoffs recently. One fine day, manager just walks up to you and you are out of the company in the next half hour! One lady who worked for 27 years was asked to leave.. she could not take the shock.. it is that bad! employees are not furniture to just throw them out when not needed. Managers don't have a clue on how to manage projects or people! 4) Company has no trust towards its employees.

    For the way the company treats its employees, I would rate 0 stars, unfortunately that is not an option here and had to give 1 star!

    Advice to ManagementAdvice

    Treat employees well if you aim to be among the top firms..

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Oppenheimer Funds - The wrong place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer in Denver, CO
    Former Employee - Senior Software Engineer in Denver, CO

    I worked at OppenheimerFunds full-time (more than 5 years)

    Pros

    Bonus that they hold over your head till the Beginning of the year- Taxed to the gills and does not turn out to be much.

    Cons

    No Advancement period. Everyone is an AVP or above and if your not no where to go.
    Work Life Balance = 50 -60 hr work weeks.

    Advice to ManagementAdvice

    Leave and let some fresh faces move in. You have no passion - collecting a pay check.
    Review Process is vague and not well documented.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Stable company with good benefits and plenty of opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst
    Current Employee - Business Analyst

    I have been working at OppenheimerFunds full-time (more than 10 years)

    Pros

    This is a large company that has many different functions handled in house. There are lots of different roles and the opportunity to work your way into roles over time if you are actively engaged in your career development. This company is very supportive of having a good work-life balance.

    Great benefits also help.

    Cons

    It's unlikely that the culture is ever going to wow you into being extremely passionate for your job. They are great with work-life balance but you get the feeling that it's mostly because even the leaders don't have a passion for what they do. No one wants to be around past their 8 hours. That being said, the company is very good about not demanding too much of their employees hours.

    Advice to ManagementAdvice

    New leadership seems focused on assets under management rather than building a good company to be proud of. It feels like a return to the late 90's.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    The worst managers in my over 10-year IT careers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer in Denver, CO
    Former Employee - Senior Software Engineer in Denver, CO

    I worked at OppenheimerFunds full-time (more than 3 years)

    Pros

    The company offered standard industry pay and benefits.

    Cons

    Some managers don't know how to talk and have to harass to get their messages across.
    There are absolutely no career advancement.
    Managers play favoritism.

    Advice to ManagementAdvice

    There are way to many managers in certain departments. Please learn how to lead instead of harassment.

    Doesn't Recommend
    Neutral Outlook
  7.  

    Pretty good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OppenheimerFunds full-time (more than 5 years)

    Pros

    Excellent pay and benefits.
    Nice people ... Oppenheimer has politics like any workplace, but politics here are largely practiced openly and honestly.
    Freedom to pursue work-related interests, no one will tell you that you _cannot_ work on something.
    Not deadline driven ... deadlines are either met or gracefully changed.

    Cons

    More bureaucratic than one might expect from a company of its size.
    Little upward mobility ... it is a pleasant place to work and few people leave, which means few openings to promote into.

    Advice to ManagementAdvice

    The AVP and VP ranks should probably be thinned ... some have two, one, even zero direct reports. That does not seem to make sense.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    OFI

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at OppenheimerFunds full-time (more than 5 years)

    Pros

    Good company to work for

    Cons

    Good company to work for

    Advice to ManagementAdvice

    Good job

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    To many VP level do nothing's and lots of turnover.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous in New York, NY
    Former Employee - Anonymous in New York, NY

    I worked at OppenheimerFunds full-time (more than 3 years)

    Pros

    There are many creative and innovative thinkers in hiding here. The company runs very lean for a 200+ billion AUM Firm. Still has a very personable feel among colleagues.

    Cons

    Since the firm runs so lean there is almost no opportunity for advancement. Lots of lateral movement for those who milk the system for the sole purpose of longevity. Lots of old guard just "hanging" in there. More meetings than work getting done.
    If you want to advance the exit is the ideal start.

    Advice to ManagementAdvice

    Having been an SVP I feel sorry for the masses. CTG is mess and the firm would get way more for their money if they outsourced all of IT.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    VP Finance

    Current Employee - Vice President Finance in New York, NY
    Current Employee - Vice President Finance in New York, NY

    I have been working at OppenheimerFunds full-time (more than an year)

    Pros

    Good like and Balance, great benefits

    Cons

    Management is not proactive, need to do more work to encourage employees

    Advice to ManagementAdvice

    Be more active in getting things done. Also more training for employees

  11.  

    It has been a great experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Service Associate in Centennial, CO
    Current Employee - Service Associate in Centennial, CO

    I have been working at OppenheimerFunds full-time (more than 8 years)

    Pros

    Profit sharing, medical, bonuses, tuition reimbursement

    Cons

    Low in career opportunities and pay increases.

    Recommends
    Positive Outlook
    Approves of CEO

Work at OppenheimerFunds? Share Your Experiences

OppenheimerFunds

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.