The Carlyle Group Reviews

Updated April 14, 2015
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3.5
35 Reviews
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The Carlyle Group COO Glenn A. Youngkin
Glenn A. Youngkin
3 Ratings

Employee Reviews

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  1. Front Office and Comp are great. Back Office and Culture needs work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Professional in Washington, DC
    Former Employee - IT Professional in Washington, DC

    I worked at The Carlyle Group full-time (more than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The good talent is world class
    Front Office is top notch - Fundraising, Investment Professionals, Operating Executives are great
    Ability to work on unique and challenging problems
    Fantastic reputation
    Great compensation
    Great Offices and locations
    Willingness to spend

    Cons

    Back Office lacks maturity and is broken - people chase bonus not business objectives
    IT is a low performing, top heavy powerpoint mill
    Non-private equity, non-DC business units are isolated and ignored
    Not a fail fast organization - willingness to continue with bad businessess, projects and employess even in the face of overwhelming evidence
    Passive aggressive, gossipy, non-confrontational culture
    Poor leadership in back office functions - Acct, HR, IT are full of overpaid, low contribution employees
    Unneccessarily complex organization with high cost structure
    Superficial - looking the part is as important as playing the part

    Advice to Management

    Fail Fast - cut your losses quickly
    Have the same patience and commitment to the non-Buyout businesses
    Bring in better operational talent from outside - golden handcuffs prevent turnover of over-promoted back office executives
    Change the culture to be more data driven

  2. QA lead

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

    I have been working at The Carlyle Group

    Pros

    Great place to work.
    Great place to work.

    Cons

    Always cutting staffs and outsourcing jobs.

  3. Our company merged with The Carlyle Group

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY

    I have been working at The Carlyle Group

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Benefits, realistic work hours, corporate perks

    Cons

    Politics
    Inefficient HR
    No room for growth outside of your track

    Advice to Management

    Listen to your employees concerns. Don't promote the sense of being ONE if it's not what you mean.

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  5. Helpful (4)

    Probably least favorite workplace I've been in for IT.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT in Washington, DC
    Former Employee - IT in Washington, DC

    I worked at The Carlyle Group full-time (more than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great benefits, compensation, bonus. Some people in the firm are really cool. But without great benefits and pay, there is really no reason to stick around.

    Cons

    No real team value, especially in IT. No help, leadership, or guidance from management. Lots of empty promises on career development. Debit IT management seems to jump from one project to another without finishing anything. Managers also have favorites, based more so on "yes man" than skill. In less than 3 years I've had 3 managers, and no additional training for career development.

    Advice to Management

    Develop your employees. Good compensation without career development created a static environment where most just slide by, and the "good ole boys club" is strong.

  6. Helpful (3)

    Toxic Company

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

    I worked at The Carlyle Group

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Benefits and compensation were good. Location of the office is good

    Cons

    Management is toxic. "old school" mentality.
    HR does lip service to the company and does not step in when they see something wrong. Promotions go to those who are favorites not those who deserve it
    No work life balance. Core business hrs 9-6.
    Unable to take PTO

    Advice to Management

    they don't listen anyways

  7. Helpful (1)

    Toxic Corporate Culture!!!!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Professional in Arlington, VA
    Former Employee - IT Professional in Arlington, VA

    I worked at The Carlyle Group full-time (more than 3 years)

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

    Pros

    The employee benefits at The Carlyle Group are simply the best. Metro/parking is paid for by the firm, health benefits package is very rich/generous, good 401k match, good monetary compensation (which includes but is not limited to annual bonuses). Additionally, having The Carlyle Group on your resume is a definite plus!

    Cons

    In terms of the cons there are simply too many to mention them all. However, I will list the top five based on my nearly 3.5 years of employment within the firms IT Department.
    1. Extremely high turnover within IT (the hours are long, there is little to no work life balance, management openly demonstrates who are their favorite pets which in turn causes colleagues to not trust each other etc.) I have been corporate America for over 2o years and I have never seen at least a half dozen employees submit a resignation without having another job...yes it’s that bad..
    2. There does not seem to be any rhythm or reason to who gets promoted and who does not. It absolutely has nothing to do with performance but goes right back to who is favored.
    3. Toxic work environment - team members as well as managers will throw a staff member right under the bus if it protects them from getting blamed for a mistake..yes I have experienced staff members and senior managers actually tell untruths or not stand up for what is ethical all in the name of not bucking the system.
    4. The Human Resources Department is part of the problem!
    5. The firm's managers, general speaking, and not just the IT department managers are full of hubris and treat staff as if you should be "happy to be here".

    Although my experience was beyond with this firm was so disappointing (went in with such high hopes) if you get the right manager and the right department things could be different for you…it really just depends.

    Advice to Management

    Get managers trained ASAP on how to treat employees. Develop a strategy that will foster a team spirit in action not just words. Promote employees based on their good work performance not on favoritism. Revamp the HR department, they turned a blind eye too many times to incidents that could have possibly put the firm at risk.

  8. Helpful (1)

    Management is poor

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

    I worked at The Carlyle Group full-time (more than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    I had worked for The Carlyle Group for more than 6 years and during that time I would have to say the best part was the benefits. They have great benefits with bonus rewards, etc.

    Cons

    Their IT Department though is very horrible. No one works as a team, management is horrible and everyone is out for their own gain. They will do whatever it takes to bring down the moral of the team. Way too much turnover within the company. A lot of the people are very friendly to work with but majority of them have bad attitudes.

    Advice to Management

    Learn to work as a team and stop degrading your personnel and bringing down moral. Within IT I would suggest hiring people that actually want to work and not just fill a chair.

  9. Helpful (3)

    If you can handle the culture.

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

    I worked at The Carlyle Group as a contractor

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Benefits. Smart leaders. Compensation. Good brand.

    Cons

    Depending on group, mixed bag. Culture of backstabbing, credit grabbing, which results in process inconsistencies and inefficiencies.

  10. Good Compensation, and opportunities to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff Accountant in Rosslyn, VA
    Current Employee - Staff Accountant in Rosslyn, VA

    I have been working at The Carlyle Group full-time (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Compensation is competitive, and year-end bonus is typically substantial
    -Opportunity to leave a footprint even at staff level
    -Growing company with a lot of opportunties to take your career in different directions
    -Management is very open to suggestions
    -Great name to have on your resume

    Cons

    -High expectations can be difficult to manage
    -Long working hours can affect work life balance
    -Lack of communication between groups and lack of standardized practices can lead to unnecessary complications, however management is actively working on addressing these issues

    Advice to Management

    Things are headed in the correct direction

  11. Helpful (1)

    Great plae to work hard, learn a lot and build a brand

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

    I have been working at The Carlyle Group

    No opinion of CEO
    No opinion of CEO

    Pros

    The people are the smartest and it's a great name to have on your resume.

    Cons

    Long hours come with being in private equity, if you think a 50 hour work week is long, you are in for a surprise.

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