Putnam Investments Reviews

Updated August 20, 2015
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131 Employee Reviews

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  1. Wonderful experience. Learned a lot from HR temp position.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Temp Employee in Andover, MA
    Former Employee - Human Resources Temp Employee in Andover, MA
    Recommends

    I worked at Putnam Investments full-time (Less than a year)

    Pros

    I 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.

    Cons

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


  2. Great Benefits, Low Pay

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Participant Service Representative in Andover, MA
    Current Employee - Participant Service Representative in Andover, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

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

    Cons

    Pay 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 Management

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


  3. Helpful (1)

    Great Company, But It Needs To Do More.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer in Boston, MA
    Current Employee - Developer in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time (More than 8 years)

    Pros

    - The environment is lower stress than most. - The work life balance is really good, or was for me. - The benefits are one of the best I've ever heard of; Great time off schedule, sick time policy, the retirement plan is ridiculous, 5% match with up to a 10% additional discretionary, which will probably be 5% for a while. - The upper leadership is really great, serious but good people.

    Cons

    The pay scale is pretty low, even if I tack in all my benefits cost, I am poorly compensated. Business Dress required - its normal at a financial firm but so many are casual these days.

    Advice to Management

    Just because times have been tough doesn't mean compensation adjustment should have remained so stagnant. The company has benefited from a dour job market the past few years, but now everyone is moving on to better situations. If you keep losing your best people it will start to show.


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  5. Putnam Investments

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time

    Pros

    Nice people, very flexible with hours and vacation. There is a very good work to life balance.

    Cons

    Cons would be more of the job I am doing here. It is pretty boring and repetitive. Advancing in your position is relatively difficult here, however moving to a new job within the company is not.


  6. Plan Administrator

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

    I worked at Putnam Investments full-time (More than a year)

    Pros

    Good team environment, upward mobility opportunity

    Cons

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


  7. Helpful (3)

    Awful company--terrible management

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Representative in Andover, MA
    Current Employee - Client Service Representative in Andover, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments (More than a year)

    Pros

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

    Cons

    The 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 Management

    Pay your employees what they are worth.


  8. Overall experience at the firm has been positive.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Boston, MA
    Current Employee - Software Developer in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits package is very generous. The firm invests in its employees through extensive training and learning opportunities. Colleagues and managers are more than willing to help you in your career development. Reimbursements for CFA materials and examination fees. Work from home opportunities.

    Cons

    No GRE/GMAT exam fees and MBA tuition reimbursements.


  9. A solid company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time

    Pros

    Great senior leadership, cohesive working atmosphere, opportunities for everyone

    Cons

    Direct managers are not always the best. You generally find the best managers who have experience managing teams. License testing can be tricky.

    Advice to Management

    Keep hiring bright and dynamic people who truly want to see the company grow


  10. Worth a look

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time (More than 8 years)

    Pros

    Good outlook toward the future

    Cons

    Little if any growth path


  11. Good Entry Level

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

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

    Pros

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

    Cons

    Pay is low compared to other companies.



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