Wellington Management Reviews

Pros

The Firm has a tremendous culture and is filled with great people who are willing to work hard and collaborate on various initiatives.

Cons

The opportunities for growth are limited given the low turnover especially at the more senior level positions of the firm.

Advice to Senior Management

The Firm needs to better recognize talented and hard working individuals and more proactively discuss career path options with them.

Pros

Benefits, knowledge sharing, opportunity, work/life

Cons

Sometimes impatient employees express frustrations with internal ability to change roles/promotion

Pros

Some of the staff are simply the best in the business
Benefits are great
Beautiful offices that can be condusive to a pleasant work environment

Cons

Turnover in IS Operations
The amount of hours required are horrendous
Leadership in IS Operations is questionable, treats his oganizational members as does a bully in a schoolyard
Do not relocate

Advice to Senior Management

If the economy takes another dive and a RIF needs to occur, begin at the top of the organization

Pros

The pay was a nice amount

Cons

No respect, esp for the female staff
Secretly working against one another instead of a team effort

Advice to Senior Management

Realize this is not the 1950's and women can be more than a secretary. Esp when the females have advanced degrees from ivy league institutions and the men are far from it

Pros

Collaborative in nature
Exposure to colleagues with in depth investment knowledge

Cons

Difficult to move around
Lack of performance communication

Pros

engaging place to work within the asset management business.......

Cons

...................but hard to advance a career

Pros

There is always interesting work available and every day there is something new challenge to work on. There is always pressure to perform.

Cons

Hard to get time off. have to work weekends as well. Employees have to put in long hours and sometimes they are underappreciated.

Pros

Great 401K benefit
Tuition reimbursement
Excellent facilities
Very intelligent work force

Cons

Former great cultural climate was destroyed during recession
No career path for some departments
Communication between upper management and employees disconnected
Big gap between leadership and rank and file in terms of awareness and morale

Advice to Senior Management

Take care of your employee. Wellington's reputation as a great company to work for was built on a positive company culture. This reputation was decimated in the manner and measures taken to offset the economic downturn. Could have been handled much more effectively without ruining the reputation of the company's culture.

Pros

The technology can be state of the art.

Cons

Sometimes the technology is too close to bleeding edge. This presents serious issues with SLA's.

Advice to Senior Management

take the time and listen to your employees

Pros

- A lot of interesting and smart people
- Great employer to have on your resume for your next job or for business school
- Great benefits
- 3 weeks paid vacation to start and 4 weeks after 4 years (partners and other senior employees get 5 weeks)
- Great pay (base + year-end bonus + profit sharing)
- Hours are perfect. It depends who you work with but overall it's 8am to 6pm and very few work on weekends.

Cons

- Very hard to move up from Research Associate to Analyst as the company is hiring fresh MBAs. It does not matter how much more skilled and knowledgeable you are compared to a fresh MBA who has no experience in the field because the company will hire them instead of promoting you.
- There is a lot of talk about the Wellington culture and how unique and amazing it is but frankly after a few years there I did not find anything special or different in terms of culture at Wellington vs other big companies.
- The company has become too big and nobody knows each other anymore.
- The year end bonus does not reflect your work at all. It does not matter how hard or how little you work and your end bonus will mainly reflect how well the company is doing overall.
- Too formal (suit and tie everyday).

Advice to Senior Management

A Research Associate with years of experience at the company should be picked over a fresh MBA with zero experience in the industry for the same job.