Putnam Associates

  www.putassoc.com
  www.putassoc.com

Putnam Associates Reviews in Boston, MA

Updated September 25, 2014
Updated September 25, 2014
9 Reviews
4.3
9 Reviews
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4 Employee Reviews Back to all reviews

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  1.  

    Great company to work with and you definitely learn a lot from it

    Current Employee - Associate Consultant in Burlington, MA
    Current Employee - Associate Consultant in Burlington, MA

    I have been working at Putnam Associates full-time (less than an year)

    Pros

    The company is a fairly small company which is definitely growing with time. They are finally moving downtown so the commute will no longer be an issue.

    Cons

    Younger hires are usually involved with less important tasks. It would be great if managers are able to give more responsibilities to the junior staff.

  2. 2 people found this helpful  

    Great focused experience in pharma

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Associate Consultant in Burlington, MA
    Current Employee - Senior Associate Consultant in Burlington, MA

    I have been working at Putnam Associates

    Pros

    Tremendous opportunity to work with F500 clients on very challenging problems. Heavy quantitative muscle including a lot of market research and modeling. Very strong professional development opportunities, a collaborative culture, and no up-or-out mentality creates a friendly environment. Firm looks upon its consultants as members of a family more than employees.

    Cons

    Partnership is very very very protective of the health and direction of the firm. No one below the most senior levels is knowledgeable of project fees or what is in the pipeline. I never once heard a whisper as to the annual revenue of the firm. Firm lacks diversity overall and relies perhaps too heavily on a few core pharmaceutical clients. They note we work in "biotech and medical device" industries in addition to pharma, but in my entire tenure there, I cannot recall one med device client or project, nor too much work in biotech. Quant analysis is a strength of the firm, but consultants can find themselves pigeon-holed into the same type of project again and again if they have proven themselves capable.

    Advice to ManagementAdvice

    Open up communication about the health of the firm to staff; stop squeezing 50 consultants into office space in the suburbs designed to fit 30; bring in a partner from the outside who can source work beyond the stable of pharma clients Putnam has grown too reliant upon.

    Recommends
    Disapproves of CEO
  3.  

    Good experience overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Consultant in Burlington, MA
    Former Employee - Associate Consultant in Burlington, MA

    I worked at Putnam Associates

    Pros

    In-depth learning of the pharmaceutical, biotech, medical device and diagnostic sectors with very, very competent managers. Friendly culture with plenty of opportunity for feedback and growth.

    Cons

    Inconvenience of Burlington, MA is a considerable drawback for younger employees. Conservative culture doesn't always mesh well with the changing company demographic.

    Advice to ManagementAdvice

    More opportunities for younger employees to interact with clients would be very beneficial for their development. Projects can also be a bit repetitive at the junior level.

    No opinion of CEO
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  5. 1 person found this helpful  

    Putnam Associates - boutique strat consulting firm in Boston an interesting find

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Consultant in Burlington, MA
    Former Employee - Associate Consultant in Burlington, MA

    I worked at Putnam Associates

    Pros

    Putnam Associates is a top strategy consulting firm with a great work/life balance - analysts and associates can expect less than 25% travel - this is great when compared to the sometimes 75% or more travel of lager consulting firms... another positive is the Fortune 500 clients and diverse case work in the pharma, biotech, and medical devices space. The industry is constantly in flux, interesting, and new news is always available to influence decision makers and large corporations. Putnam does a great job of fusing business talent and economic know how with years of experience in health care and science and passes this on to employees.

    Cons

    In the suburbs rather than downtown in the city of Boston

    Advice to ManagementAdvice

    Continue keeping junior members of staff aware of their current strengths and wakenesses, prospects for promotion, and update them on their status in a transparent way, to keep employees' value of their job at the highest level.

    Recommends

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