Pioneer Investment Management

us.pioneerinvestments.com
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Pioneer Investment Management Reviews

Updated July 9, 2015
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3.7
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Daniel K. (Dan) Kingsbury
7 Ratings

15 Employee Reviews

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  1. Solid company with competitive investment products and great people.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Management in Boston, MA
    Former Employee - Management in Boston, MA

    I worked at Pioneer Investment Management full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It's a well structured and well run company with plenty of room for business and employee growth. It fosters a collegial environment where ideas for improvement are well received and promoted. I found the compensation package overall satisfactory.

    Cons

    It's owned by UniCredit Group (a large European bank) and considering the recent economic mayhem in Europe, it would be a concern should there be any spillover effect. However, it should be noted that UniCredit has been managed quite well during the preceding global economic crisis.


  2. Business Development

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Manager in Boston, MA
    Former Employee - Product Manager in Boston, MA

    I worked at Pioneer Investment Management

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Good people and institutional knowledge.

    Cons

    A lot of changes recently - most impactful merger transaction with lack of clarity on when and what direction the company is heading in.

    Advice to Management

    More frequent and transparent communication.


  3. Helpful (1)

    Decent Place to Work, Depending on the Department

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Infrastructure in Boston, MA
    Current Employee - IT Infrastructure in Boston, MA

    I have been working at Pioneer Investment Management full-time (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good benefits, certain departments offer good work-life balance, some managers are very good, great location on State Street right at Faneuil Hall.

    Cons

    Pioneer has a track record of offering poor salaries, settling for mediocre talent and hoping for a few diamonds in the rough to stay with the company. Pioneer displays poor communication, especially from Human Resources department, low salary, and short staff due to several workforce reductions in past years. There is also an unstable environment; pending merger is public record.

    Advice to Management

    Improve salary to keep best performers at Pioneer and to attract the best talent. Provide better communication and stop pushing raises (when they are actually given) out further and further every year.


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  5. Pretty good depending on which department and which manager.

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

    I have been working at Pioneer Investment Management full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Decent compensation and positive overall culture.

    Cons

    No enough opportunity for advancement in (IT).


  6. I experienced a long, rewarding career with plenty of opportunities to grow professionally.

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

    I worked at Pioneer Investment Management full-time (More than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great culture with strong work/life balance. Great group of smart, dedicated colleagues who strive to make Pioneer a employer of choice.

    Cons

    Foreign parent company didn't for autonomy. A lot of parent company CEO turnover didn't allow for a consistent strategic message both internally and tot he external marketplace.

    Advice to Management

    Be more visible to and mindful of your associates.


  7. Best Job I've Ever Had

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Web Designer in Boston, MA
    Current Contractor - Web Designer in Boston, MA

    I have been working at Pioneer Investment Management as a contractor (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great Team: I was brought on as a consultant with the Online Marketing Department. It was a great team. I really liked my boss, he was positive and encouraging and always appreciative. Project Quality: While there will always be some bureaucracy, the quality of the projects I was assigned was pretty high. Unlike many previous jobs, I felt like most of what I did was worth doing. Location: I consider this the best location in Boston. Just a few minutes walk from any T line. The back door of 60 State is Quincy Market. There are high-end bars and take-out lunch restaurants all over the place. Social Events: I was at Pioneer for 4 months, and I think there was a free beer/wine night about once a month. Activism: As a consultant, I didn't indulge, but there were regular opportunities for group volunteering. It seemed like there was an active culture of community involvement.

    Cons

    As is typical in a large, old company, there are a lot of management that would rather philosophize endlessly than make decisions. That combined with project deadlines was probably the only real hardship. I did work some crazy late nights to compensate, but it wasn't the norm.

    Advice to Management

    Adequate time, resources, and personnel will ensure better execution of big initiatives.


  8. Helpful (1)

    Good Benefits, Sales and Investments Focused, Weak Compensation Packages

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in Boston, MA
    Current Employee - Relationship Manager in Boston, MA

    I have been working at Pioneer Investment Management full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great Benefits, smaller company with access and exposure to many areas of the firm especially if you are in Sales and Marketing. Great Location. Mid level mgmt is good. The employees all really like each other.

    Cons

    Weak Compensation Packages - If you are not an external wholesaler plan for the expectations that you are a sales professional without the benefits of a sales-type income. Lack of direction, and leadership from upper management team.


  9. Company that cares about their workers..

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fund Accountant in Boston, MA
    Former Employee - Fund Accountant in Boston, MA

    I worked at Pioneer Investment Management full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great work/life balance; company truly cares about the well-being of their employees.

    Cons

    low wages and not a lot of career opportunities within the firm.


  10. Great place to work, good people, energetic sales environment

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regional Sales Specialist in Boston, MA
    Current Employee - Regional Sales Specialist in Boston, MA

    I have been working at Pioneer Investment Management

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Pioneer motivates and incentivizes its employees to strive to high standards. Good people, honest place to work and to grow

    Cons

    Opportunity for growth is somewhat limited, not a large amount of cross pollination among different departments within the organization, small company

    Advice to Management

    Pioneer motivates and incentivizes its employees to strive to high standards. Good people, honest place to work and to grow


  11. Great career development, boring job

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Management in Boston, MA
    Current Employee - Risk Management in Boston, MA

    I have been working at Pioneer Investment Management

    Recommends
    Recommends

    Pros

    A very personable group of people work at Pioneer. HR does a good job nurturing young talent and training was very well appreciated. One gets to interact with upper management occasionally, and good work is often rewarded.

    Cons

    The work itself was quite boring. There are few chances for creative problem solving. A lot of it was reconciling between two different departments.

    Advice to Management

    Keep up the good work. Try and challenge your employees to solve problems in a more dynamic and creative way.



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