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Bridgewater Associates

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Bridgewater Associates

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Bridgewater Associates Employee Reviews about "free food"

Updated Oct 27, 2020

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Found 28 of over 474 reviews

3.9
78%
Recommend to a Friend
92%
Approve of CEO
Bridgewater Associates CEO David McCormick
David McCormick
32 Ratings
Pros
  • "Work with exceptionally smart people, you get out of it what you put into it(in 63 reviews)

  • "Comp, benefits are second to none, free food, good people(in 28 reviews)

  • Cons
  • "Potentially poor work life balance(in 31 reviews)

  • "Long hours, not a ton of work life/balance particularly if you want to go far, career pathing could use some work, location isn't ideal(in 18 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Ratings by Demographics

    This rating reflects the overall rating of Bridgewater Associates and is not affected by filters.

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    Reviews about "free food"

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    1. 5.0
      Current Employee, more than 3 years

      Great place to work for culture fits

      Nov 16, 2017 - Associate in Westport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -CEOs are making swift improvements to things that actually impact employees - workplace flexibility, benefits, etc. -Senior management is genuinely open-minded to suggestions and feedback from all levels of the company -If you're a culture fit the place offers great development opportunities, constant sources for personal growth -The people are definitely the smartest ones I've worked with, push me to grow every day -Additionally, have formed some of my closest bonds and friendships with people here (part of the 'meaningful relationships' piece); community here more broadly is really strong (thanks to a dedicated community team) -Free food

      Cons

      -If you live in NYC, commuting to Connecticut can be a bear (though is offset by the current bus/shuttle system and flexibility to work from home) -Structured career tracks are somewhat scarce outside the Investment Associate program

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      3 people found this review helpful
    2. 4.0
      Former Employee

      solid time @ BW

      Oct 8, 2020 - MBA Student in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      smart colleagues; decent pay; great campus (free food + gym)

      Cons

      culturally odd (know this going in but still a reality)

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    3. 3.0
      Former Employee

      Variability

      Oct 27, 2020 - Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Smart people, great training, free food

      Cons

      Variability in quality of management, feedback masked as objective

      3 people found this review helpful
    4. 1.0
      Former Employee, more than 5 years

      Interesting but horrible

      Nov 18, 2019 - Management Support Associate in Westport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A few good folks in the bunch Free food Big parties

      Cons

      Its like working at a reality TV show. Everywhere you look there is drama and the upper management blatantly ignores the principles/culture for their own interests. The news stories calling this place terrible never get it right when describing what it really is like when you find out how the true core management of the company operates. I worked here for a while and it took a long time away to understand this companies particular style of gaslighting.

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      19 people found this review helpful
    5. 4.0
      Current Employee, more than 5 years

      Mysterious place

      Nov 1, 2018 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Comp, benefits are second to none, free food, good people

      Cons

      High Stress, REALLY High stress, constantly focused on what you do poorly

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      3 people found this review helpful
    6. 1.0
      Current Employee

      Friends don't let friends join Bridgewater

      Dec 3, 2014 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Company is not about to go out of business, they have so much money that they don't blink when it comes to wasting it on the culture, principles, or technology. - Relaxed environment - Free food (but who cares besides kids out of college?)

      Cons

      - Lots of talking, not much time left for actually doing things - as political as any other place (despite claims to the contrary) - Say good bye to a future career in finance: they will enforce the non-compete (unless you go work for a lumber company, as they recently suggested), and many firms will not even talk to you because they don't care to deal with this hassle. - Emphasis on exploring failures and weaknesses, creating a very negative environment. Successes are rarely celebrated, and then only briefly. - Chronically unable to hire & retain staff (e.g. always understaffed), loads of consultants passing by - Technology is hopelessly obsolete. No investment in tech for years, but most crucially there is neither vision nor leadership when it comes to tech. - Hours of "culture" training to complete on a weekly basis (can be a Pro if you enjoy watching senior hires cry like babies) - Comp is average (only those being hired from college or out of finance think otherwise) - Offices located in the middle of nowhere - No sick pay (sick? take it out of your vacation days)

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      21 people found this review helpful
    7. 1.0
      Former Employee

      One of many

      Dec 17, 2018 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Smart people, lots of free food

      Cons

      Too many to share. Be wary

      9 people found this review helpful
    8. 2.0
      Former Employee, less than 1 year

      Know what you're getting into.

      Jul 27, 2015 - Trading Associate in Westport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Their track record proves whatever the cons are, these guys are good at what they do. Good pay, free food and snacks all day.

      Cons

      It may not technically be a cult, but the cult of personality surrounding Ray is pervasive in everything. Daily "devotions" to studying the principles are tracked and penalized if you don't keep up. This culture works for some people, and they are forthright in how it is, so if you have any doubts whatsoever, be cautious about joining.

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      31 people found this review helpful
    9. 2.0
      Former Employee, less than 1 year

      A very negative experience

      Dec 6, 2014 - Anonymous Employee in Norwalk, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Starting salary was above average. The training program was well designed. That's about it (I'm not going to include the free food or the Friday afternoon "Happy Hour").

      Cons

      During my short time here, four people in my department left the company. Three were fired and one quit. The person responsible for training me was one of the fired. He had "lost his box" and was being "sorted". If you're like me, and need to have some sense of job security, stay away from here. Every mistake discovered, no matter how minute, is entered into an "Issue Log". I was once issue logged for failing to capture the letter "C" in the word Complete, when I C&Ped it from one document into another. Had I made this mistake a second or third time, it would have likely been selected for "diagnosis". This is where you have a sit down with a bunch of managers who attempt to "get past your ego" to the root of the problem. The least painful way to get through these sessions is to agree with their assessment that you lack attention to detail, have an insufficient level of paranoia, are inherently careless, and lack discipline. You walk away feeling like a loser, but at least they're in a great mood for the rest of the day. Your workload starts out manageable, and is steadily increased until you're struggling to maintain productivity. You start putting in more and more hours. You start making mistakes, which means more issue logs, more diagnosis sessions, more frustration, more anxiety. You start dreading going to work. Eventually, you're labeled as "not a fit for Bridgewater", and you are "sorted". On the plus side, it was highly amusing listening to kids fresh out of college (with this place being their first real word job) diving head-on blind into Ray's "culture", using as much (by and large) of the BW language as possible.

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      51 people found this review helpful
    10. 2.0
      Former Contractor, less than 1 year

      everyone sucks and not much gets done

      Nov 13, 2014 - Consultant in Westport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Crazy smart people. excellent free food and fantastic pay Not account for results --great place to "hide" for years and still get paid very well Huge asset base (significant amount of the AUM are from the Chinese Government) which means they are not going anywhere soon and have a huge fee base

      Cons

      No question a large collection of smart people with lots of potential but sadly, they use none of it. Virtually nothing of value is created save for handful of people that do investment management. IT systems are 10 years behind the times and often simple things like email fail to work properly. Security is "big brother" like, camera everywhere including the bathrooms and staffed by former FBI/CIA officers Given the above one could question their stated returns which have been eye popping...no one really knows

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      4 people found this review helpful
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