Putnam Investments

www.putnam.com
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Employee Reviews

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  1.  

    Putnam was a very challenging and rewarding place to work!

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

    I worked at Putnam Investments full-time (more than 10 years)

    Pros

    Great People, Good hours, General care of the employees, growth opportunities, decent pay and good benefits.

    Cons

    commute, ownership change caused personnel change and eventually location change. Morale started to go down along with competitive spirit.

    Advice to ManagementAdvice

    Keep your best assets happy, but always expect the most from them.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Great Company

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

    I worked at Putnam Investments

    Pros

    Good place to start as an entry level sales associate

    Cons

    Not very glamorous to start.

  3.  

    I worked in a call center

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

    I worked at Putnam Investments full-time

    Pros

    There were no pros to working there

    Cons

    The supervisors were all a bunch of cons

    Advice to ManagementAdvice

    treat your people with more dignity and respect

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Great place to get your foot in the door in the investments industry

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

    I worked at Putnam Investments

    Pros

    Putnam is a great place for someone looking to start a career. They have a lot of different options to explore, being that there are so many different types of jobs at a mutual fund company.

    Cons

    Salary isn't the greatest, and depending on the group you are in, room for growth can be hard to come by

  6.  

    Operations

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

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

    Pros

    Putnam offered good training and the opportunity to grow with the company. Good place for entry-level operations to gain experience. Good benefits.

    Cons

    Pay is not on the same scale as other companies in the same industry. The pay increases tend to be minimal even when moving to a higher position.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Nothing Short of Amazing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Client Service Representative in Andover, MA
    Current Intern - Client Service Representative in Andover, MA

    I have been working at Putnam Investments as an intern (more than a year)

    Pros

    Amazing 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

    Cons

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

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Representative in Andover, MA
    Current Employee - Client Service Representative in Andover, MA

    I have been working at Putnam Investments full-time (less than a year)

    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 ManagementAdvice

    Relax 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Operations

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

    I have been working at Putnam Investments full-time (more than 3 years)

    Pros

    Decent benefits, pretty accessible location

    Cons

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

    Advice to ManagementAdvice

    Treat your employees a bit better. We aren't just a number

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Project Manager

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

    I have been working at Putnam Investments as a contractor (less than a year)

    Pros

    Large well known and respected institution

    Cons

    As any financial form time is money. Everything moves very fast. People are too busy to help and teach you.

    Advice to ManagementAdvice

    Spend more time with the people to train and guide as necessary.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Putnam Investments

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

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

    Pros

    If you are happy making below market average then you will have a long term job.

    Cons

    Had to pay for tuition out of pocket when they discontinued tuition reimbursement. Losing benefits and greater out of pocket costs that lower overall salary package each year. Senior managers differ greatly in what they expect for a work-life balance. Mainly concerned with outsourcing work.

    Advice to ManagementAdvice

    They need to treat full time employees better. It is obvious that not all managers feel the same way about experienced full time employees and their knowledge.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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