Does Alger pay their employees well?

According to anonymously submitted Glassdoor reviews, Alger employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at Alger. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at Alger?

66% of Alger employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Alger 3.2 out of 5 for work life balance, 3.2 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at Alger?

Analyst (6) , Vice President (3) , Research Associate (2) , Senior Analyst (2)

What are the pros of working at Alger according to real employee reviews?

"smart people and a challenging environment" ((in 8 reviews)); "The environment, people, and culture are absolutely fantastic." ((in 5 reviews)); "Learned a lot about financial research" ((in 3 reviews)); "The research team works extremely well together across industries." ((in 3 reviews))

What are the cons of working at Alger according to real employee reviews?

"there is no investment process so it is definitely not analyst driven; 2) management is arrogant and condescending, they won't listen to you and will make up information to support their case, especially as it relates to comp or advancement; 3) comp is based on relationships and what sector you cover rather than actual performance" ((in 6 reviews))

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Alger

Alger reviews

3.4

66% would recommend to a friend

(51 total reviews)

Dan Chung

68% approve of CEO

60% positive business outlook

Ratings by category

3.3

Diversity & inclusion

3.3

Compensation and benefits

3.2

Culture & values

3.2

Work/Life balance

3.1

Senior management

3.1

Career opportunities

Alger has an employee rating of 3.4 out of 5 stars, based on 51 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Alger employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

51 reviews

5.0

Mar 7, 2026

Great company

Cnc operator

Recommend

CEO approval

Business Outlook

Pros

Fair pay, great team, and good work

Cons

Early start, nothing else bad

1.0

Jun 10, 2025

A Growth Shop That’s Mostly Shrinking

Retails sales

Recommend

CEO approval

Business Outlook

Pros

A sinking ship is better than open water

Cons

If you love innovative financial products that make sense, well… this probably wasn’t the firm for you. Watching leadership roll out new offerings was like watching someone try to reinvent the wheel, except the wheel was square and somehow on fire. The only thing the funds are beating is employee morale. This firm is like the Backstreet Boys- peaked around 1999, and is on tour playing concerts in the parking lot behind a Chili's, except there's no free chips and salsa.

4.0

Apr 21, 2025

Family Owned Culture

Vice president

Recommend

CEO approval

Business Outlook

Pros

Great resources, great story and aggresive culture

Cons

Churn in sales staff. Secular headwinds for active equity management.

Viewing 1 - 3 of 51 Reviews

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Great company

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Family Owned Culture

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