Teacher Retirement System of Texas

www.trs.state.tx.us
Engaged Employer

Teacher Retirement System of Texas Reviews

Updated August 4, 2015
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3.8
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Brian Guthrie
1 Rating

13 Employee Reviews

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  1. Excellent place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Analyst in Austin, TX
    Current Employee - Investment Analyst in Austin, TX
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Teacher Retirement System of Texas (Less than a year)

    Pros

    I love working here. Nobody ever complains about anything, except maybe when the printer jams, because there's nothing else to complain about. Flat, supportive organizational structure (at least in my group), lots of professional development opportunities, great views from wall-sized windows in downtown Austin. Flexible schedule, as long as you get your work done. Open plan office supports collaboration. Work is generally interesting, and if it's not you can tell yourself it's all for the teachers and some people find that rewarding.

    Cons

    Nothing really to report here. I guess we had a printer giving us trouble for a while until it got fixed. Jimmy Johns in the ground floor is always a tough dilemma because it's so temptingly convenient but then you remember it tastes like Jimmy Johns and you've eaten there too many times to want to eat there again, but you're not sure you want to wait in the line out the door for Chipotle. It's easy to regret your decision either way. I guess that's a con.

    Advice to Management

    Keep up the good work. Maybe raise comp a bit more than you were going to otherwise...Maybe publicize open jobs more so that we attract more good people faster.


  2. Good place, but some of the fake/happy reviews sound suspicious

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    Recommends
    No opinion of CEO

    I have been working at Teacher Retirement System of Texas full-time (More than 3 years)

    Pros

    (Investment Management Division review) People have said it on here many times--work/life balance can't be beat. Pay is decent, eligibility for bonuses, job security (true government job), etc.

    Cons

    The person who wrote a review above ("Nobody ever complains about anything, except maybe when the printer jams") sounds a little, hmmm, insincere. And the nod to Jimmy John's convenient location? It sounds like a cheesy commercial, so I'm not sure if it was written by an employee or someone higher up who wants to post good reviews. There isn't any need. It IS a good place to work. Not particularly exciting, mind you, but compared to the investment industry, it is as easy as it gets. Of course, people DO complain about overpaid co-workers, counterproductive processes, people who should've been relieved of their duties AGES ago (a handful at IMD), etc. It would be deceitful to state otherwise, but overall, it is a great place to be employed.

    Advice to Management

    Stop posting weird fake reviews so that potential employees shy away from applying?


  3. Enjoyable

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Teacher Retirement System of Texas full-time

    Pros

    Having a flexible schedule, an understanding from the higher ups that the work needs to get done but family comes first. I work with great people who come to work ready to get the job done and work together as a team. State holidays & holiday comp time.

    Cons

    In the area I work I really don't have any. Vision benefits could be better.

    Advice to Management

    Advice to my management...keep up the good work.


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  5. Comfortable

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retirement Benefit Counselor
    Current Employee - Retirement Benefit Counselor
    Recommends
    Positive Outlook

    I have been working at Teacher Retirement System of Texas full-time

    Pros

    understanding supervisors that work to accommodate scheduling needs; supervisors do not micromanage; management encourages potlucks and other events which makes it a little easier to get to know coworkers and boost morale; professional yet laid back environment; can wear jeans all summer; benefits are ok and you know what you're getting before you even apply since info is posted publicly; small yet meaningful incentives for a job well done such as extended lunch or a few extra hours of leave; semi-flexible with time-off requests

    Cons

    not possible to work from home; no on-site daycare; cafeteria could improve (i.e., coffee, salad bar, price expectations) but some things are good (i.e., bottled/canned drinks, curry chicken)


  6. Working at TRS has been a fulfilling and positively reinforcing professional experience.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teacher Retirement Systems of Texas in Austin, TX
    Current Employee - Teacher Retirement Systems of Texas in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Sense of enablement provided senior management, mutual respect among team members, work-life balance, diversity of background among employees, willingness to collaborate across divisions, unified sense of purpose and fiduciary obligation, broad offering of professional development programs

    Cons

    Frequency of turnover at various employee levels


  7. Great place to work. Has won accolades for being a great employer.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Austin, TX
    Current Employee - Director in Austin, TX
    Recommends
    Positive Outlook

    I have been working at Teacher Retirement System of Texas full-time (More than 10 years)

    Pros

    State benefits and great retirement package.

    Cons

    state regulations and beaurcracy can be frustrating.


  8. Helpful (2)

    Investment Management Division Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    Recommends
    No opinion of CEO

    I have been working at Teacher Retirement System of Texas full-time (More than 3 years)

    Pros

    Good work life balance. They offer opportunities through continuing education, workshops, lunch and learns that are interesting and can expand your skill set and appeal to your interests. Some great co-workers and a chance to learn a lot. If you have an interest in another department, they will consider transferring you. If you're offered an actual position, you have real job security. There are some really talented and impressive people that you can work alongside.

    Cons

    A lot of red tape. A meeting held every 2.5 minutes. Weird policy with contract employees--some people work there for years as a contractor and others are offered actual employment within months and it varies without explanation. Travel process is asinine and inefficient. There are a few people working there with limited education and a malicious attitudes, but they run the show because they've worked there so long. Certain management trolls around the office looking over people's shoulders (literally) almost everyday. It's unsettling. Career advancement is not always an option. Employees with the exact same experience, education, and work ethic are passed over for promotions or official employment offers because there is so much favoritism and preferential treatment for other employees. They talk about the importance of candor, but (again) it is really only acceptable when coming from senior management.

    Advice to Management

    Stop forcing it down everyone's throat that it's a great place to work and pay attention to what is making it less than a great place to work. It really could be an outstanding place of employment, but there are a few bad apples spoiling the bunch. Reward hard work and stop promoting climbers who stand on the shoulders of the hard workers.


  9. Helpful (2)

    Strong State Employer but public

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Portfolio Manager in Austin, TX
    Former Employee - Portfolio Manager in Austin, TX
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Teacher Retirement System of Texas full-time (More than 5 years)

    Pros

    Full attention of Wall Street, large assets, nice offices, great systems, solid performance, bonus system, great place to train yourself

    Cons

    Mother May I attitude to investing, blame goes only down-hill, rigid senior management needs constant verbal support, politics more important than performance, performance guidelines very subjective effecting bonus, longevity key to promotions

    Advice to Management

    Consider taking a good small firm in-house to reduce fees. Reduce fees for beta. "Shadow" a group for a month to see if management is harnessing all the available talent.


  10. Helpful (2)

    Limited room for career advancement or salary upside.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Investment Manager in Austin, TX
    Current Employee - Senior Investment Manager in Austin, TX
    Doesn't Recommend
    Neutral Outlook

    I have been working at Teacher Retirement System of Texas full-time (More than 8 years)

    Pros

    good work life balance which is encouraged from the top. Generally friendly people as your co-workers. Defined benefit pension is worth more than most people value.

    Cons

    Limited room for career growth as folks at the top have very cushy jobs/salaries causing much dead weight. Advancement is not based on merit but other factors. Lots of bureaucracy and favoritism.

    Advice to Management

    Take a hard look at the upper to middle management and see just what value add is received for the high salary being paid out. Create better career growth.


  11. Helpful (1)

    Pretty good

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX
    No opinion of CEO

    Pros

    People are nice to work with.

    Cons

    typical state gov. mentality sometimes, weird policies.



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