Pimco Reviews

Updated October 3, 2014
Updated October 3, 2014
90 Reviews
2.1
90 Reviews
Rating Trends

Recommend to a friend
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Douglas M. Hodge
11 Ratings

Review Highlights

Pros
  • Smart people who are generally approachable and will share knowledge (in 11 reviews)

  • that's about all that's good and o yea some good benefits (in 7 reviews)


Cons
  • Work expectations are high-- PIMCO expects excellence which can affect your work-life balance (in 18 reviews)

  • There is no work life balance at all (in 8 reviews)

More Highlights

Employee Reviews

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  1. 1 person found this helpful  

    It was a very beneficial internship experience that will give you a first hand look at investment banking.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Intern in Newport Beach, CA
    Former Employee - Operations Intern in Newport Beach, CA

    I worked at Pimco as an intern (less than an year)

    Pros

    You are surrounded by intelligent, talented people who are willing to help you learn the ins and outs of investment banking and how the company runs.

    Cons

    The works hours are very long and you start very early. If you do well with their internship it does not guarantee a job after you graduate.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Pimco

    Pros

    Flexibility and learning. In the overall is a very nice experience.

    Cons

    Too operational. Fast paced and stressful (for those who strive in that environment). If you perform , you are richly rewarded. If not, then it is not the place for you.

  3.  

    Intellectually demanding but rewarding experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Newport Beach, CA
    Current Employee - Anonymous Employee in Newport Beach, CA

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

    Pros

    - Great initellectual talent who are thoughtful in their approach and mentorship
    - Performance based culture that strives and prides itself at being the best
    - Allows fairly junior level employees to contribute and provide input

    Cons

    - Fast moving and ever changing
    - Leanly staffed, so workloads are heavy at all levels

    Advice to ManagementAdvice

    We have a great talent base that would benefit from more coaching and development.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Great company, hyper-competitive culture

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

    I worked at Pimco

    Pros

    At the firm, you have access to some of the best minds in the investing world, and PIMCO is one of the strongest brands in the asset management space.

    Cons

    The company, though it claims otherwise, is incredibly political, and you need to be ok with that or willing to play the game. It is also hyper-competitive; there is an emphasis on being a great team member, however, this is not really the case.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Friendly place to work

    Former Employee - Paralegal in New York, NY
    Former Employee - Paralegal in New York, NY

    I worked at Pimco as a contractor

    Pros

    Colleagues seem welcoming and knowledgeable - happy to help new employees.

    Cons

    Work doesn't seem to be allocated equally. There are some employees working non-stop while others seem to have a lot of down time.

    Recommends
    No opinion of CEO
  7. 2 people found this helpful  

    Amazing company ideals, brilliant colleagues, Lean teams often lead to long hours.

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

    I worked at Pimco full-time (more than an year)

    Pros

    PIMCO will take care of you if you can put in the hard work and long hours. They are the best of the best and this is reflected in their expectations.

    Cons

    Inter-team dependencies and inefficient means of communication can cause projects to have insufficient time and resources. Long hours and lots of stress, not sure if Newport Beach is worth it.

    Advice to ManagementAdvice

    There are very talented people at PIMCO. Let them use their expertise to build great things.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Colloborative and place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Associate in Newport Beach, CA
    Current Employee - Account Associate in Newport Beach, CA

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

    Pros

    Tons of intellectual brainpower to learn from

    Cons

    Politics sometimes hinders the meritocratic culture seeking to promote

    Advice to ManagementAdvice

    Implement meritocracy culture

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Serious Investment Professionals

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

    I have been working at Pimco

    Pros

    They take investment management more seriously than any other firm on the street. Provide a great deal of education to make you better at your job.

    Cons

    Still trying to figure out how to manage the former Allianz employees. Need a CFA and MBA from top school to get ahead.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Very intense, but very gratifying with supportive and sharp colleagues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Account Associate in New York, NY
    Current Employee - Account Associate in New York, NY

    I have been working at Pimco

    Pros

    Great benefits, placing importance on employees in terms of learning opportunities, great firm culture. Hours can be flexible if necessary.

    Cons

    The company is spread thin so there is a lot to do and flexible hours can be an illusion more than anything. There is plenty of inertia in trying to change the direction of the company.

    Advice to ManagementAdvice

    Although it becomes more difficult as the company continues to grow globally and in terms of number of employees, fight hard to keep to keep this hard-working and friendly culture and to make PIMCO as agile as possible when it comes to making necessary changes.

    Recommends
    Approves of CEO
  11. 1 person found this helpful  

    Hard to Advance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Newport Beach, CA
    Former Employee - Anonymous Employee in Newport Beach, CA

    I worked at Pimco

    Pros

    Located in a great area in Orange County. I made some of my best friends working there. There is opportunity to work in global offices but it can be political. Benefits are great and if people like you they are willing to help.

    Cons

    The running theme is that teams are run too thin, company is very lean and doesnt pay well, at all. Very difficult to advance even when well liked becuase you don't learn very much outside of the scope of your role, sometimes even if you ask. Frequently, employees quit and get training elsewhere and then comeback or go to MBA school and then come back.

    Advice to ManagementAdvice

    Organizational structure is not set up well and it would be wise to restructure roles to give younger employees more opportunity for internal growth.

    Approves of CEO

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