Putnam Investments
2.9 of 5 106 reviews
www.putnam.com Boston, MA 1000 to 5000 Employees

Putnam Investments Reviews in Andover, MA

Updated Jun 16, 2014

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3.1 29 reviews

                             

80% Approve of the CEO

Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds

Robert L. (Bob) Reynolds

(15 ratings)

58% of employees recommend this company to a friend
29 Employee Reviews Back to all reviews
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    Wonderful experience. Learned a lot from HR temp position.

    Human Resources Temp Employee (Former Employee)
    Andover, MA

    ProsI worked here as a temp years ago. Great work environment, nice people, excellent training. Was given the opportunity to learn and do many new things there. Mostly I called to check peoples references and verify resume accuracy. Very interesting experience.

    ConsI cant think of any one thing I didn't like about working at this office. Wonderful company.

    Yes, I would recommend this company to a friend

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    Great Benefits, Low Pay

    Participant Service Representative (Current Employee)
    Andover, MA

    ProsReally great vacation and health benefits. I have always enjoyed working with my colleagues. They can be flexible with work schedules.

    ConsPay for the job you are doing is not comparable to other companies in the industry. At times movemnt within certain departments can be stagnant or sometime non-existent.

    Advice to Senior ManagementSalaries need to be re-assessed to be commensurate with what the industry standard is. More opportunity for movement within the company would be appreciated.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Plan Administrator

    Anonymous Employee (Former Employee)
    Andover, MA

    ProsGood team environment, upward mobility opportunity

    Consdifficult to move out of business channel
    pay was not in line with peers

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Awful company--terrible management

    Client Service Representative (Current Employee)
    Andover, MA

    ProsThere are some great people and some not so great people. It looks good on a resume.

    ConsThe management is young and unpofessional. They under pay--you will make 1.5 times the salary anywhere else. They do not promote from within. Limited upward mobility. They treat you like a child giving you 3 minutes per hour for personal time such as going to the restroom. No more than 5% personal time per week. The politics are horrendous.

    Advice to Senior ManagementPay your employees what they are worth.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good Entry Level

    Client Service Representative (Current Employee)
    Andover, MA

    ProsGreat job for starting out. Extensive on the job training. Good benefits and PTO.

    ConsPay is low compared to other companies.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Busy company where the IT team is overworked and undervalued.

    Messaging Engineer (Former Employee)
    Andover, MA

    ProsGood benefits. Generous time off. Work at home opportunities. Nice facilities.

    ConsToo many managers and not enough "workers" to get the endless tasks completed. Definite caste system here.

    Advice to Senior ManagementReduce the layers of management and hire more workers to complete tasks.

    Yes, I would recommend this company to a friend

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    Great company

    Anonymous Employee (Former Employee)
    Andover, MA

    ProsThe training is awesome, and the managers are really willing to work with you to help you succeed. Depending upon which department you are in your job can be a lot of fun too!

    ConsSalary was not as high as investment company competitors.

    Yes, I would recommend this company to a friend

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    Nothing Short of Amazing

    Client Service Representative (Current Employee)
    Andover, MA

    ProsAmazing supervisors that serve more as mentors, great group work ethic it's all about working together to bring the best service to the client. Great growth opportunities and it's encouraged by your supervisors! They hire truly wonderful people, always a happy and positive work environment

    ConsUnless you are a stickler with being early and on time to the minute you will not be successful in this role.

    Advice to Senior ManagementKeep up the good work!

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    CALL CENTER!!! Great for an intern NOT a recent college graduate

    Client Service Representative (Current Employee)
    Andover, MA

    Pros~ 401k
    ~ 18 vacation days (fulltime)
    ~ This position is perfect for an intern but NOT a recent college graduate
    ~ Yummy cafe (Andover)

    Cons~ Attached to a computer that keeps track of every move you make.
    ~ Only work a 7.5 hour day.
    ~ 37.5 hour work week.
    ~ No more than $31,000 a year
    ~ Weekly pulled calls based on quality (Dalbar awards - nothing to do with financial information or the market).
    ~ Quality is based solely on please and thank you’s, no more than 10 seconds of dead air, did I ask them 3 times if I could assist them further, did I give them an account balance even though they didn’t ask…?

    Advice to Senior ManagementRelax management. Supervisors, technical coordinators, and managers need to understand that life happens. People get sick, there is going to be traffic, you might over sleep, you will have a family emergency, etc.

    No, I would not recommend this company to a friend

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    Operations

    Client Operations (Current Employee)
    Andover, MA

    ProsDecent benefits, pretty accessible location

    ConsHuge workload without much recognition
    Substantially underpaid given what the group is tasked with handling

    Advice to Senior ManagementTreat your employees a bit better. We aren't just a number

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Putnam Investments reviews and ratings in Andover, MA — including employee satisfaction and approval rating for Putnam Investments CEO Robert L. (Bob) Reynolds. All 29 reviews posted anonymously by Putnam Investments employees.