CalPERS Reviews | Glassdoor

CalPERS Reviews

Updated February 16, 2017
49 reviews

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Full-time Part-time

3.7
Star Star Star Star Star
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Approve of CEO
CalPERS Interim CEO Douglas Hoffner
Douglas Hoffner
2 Ratings

49 Employee Reviews

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Pros
Cons
  • Constantly touting Core Values while living up to few of them (in 3 reviews)

  • upward mobility, a lot of work with too few people (in 3 reviews)

More Pros and Cons

  1. "Data architect"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Architect in Sacramento, CA
    Former Employee - Data Architect in Sacramento, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at CalPERS full-time (More than a year)

    Pros

    Good environment for employee morale

    Cons

    Lots of management too top heavy

    Advice to Management

    Streamline the process to enable employee making decisions


  2. "Good Benefits but slow"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CalPERS full-time

    Pros

    Great benefits, work-life balance, great core values.

    Cons

    Slow to promote and acknowledge employees based on merit. Tenure is more important to management.


  3. "CalPERS as a place of work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sacramento, CA
    Current Employee - Anonymous Employee in Sacramento, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great Amenities: On site gym, cafeteria, coffee shops, sundry shop
    Emphasis on Work-Life Balance
    Flexible work schedules

    Cons

    Slow moving on decisions. A lot of employees are near retiring age, so the workforce is overall older and less accepting to change


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Nice working env"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CalPERS full-time (More than 5 years)

    Pros

    Work life balance ok benefits

    Cons

    Still working on it now


  6. "Investment Officer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Officer in Sacramento, CA
    Former Employee - Investment Officer in Sacramento, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at CalPERS full-time (More than 3 years)

    Pros

    Investment office is filled with smart investment professionals to learn from and network with. Access to professional investment tools and platforms. Great place to get your foot in the door in the investment industry.

    Cons

    Pay at the junior levels is sub-par, and promotional opportunities are more tenure and luck-based (right time, right place) than merit-based. Not much effort to retain or groom junior staff. Overall a very overstaffed and bloated structure due to being a state agency.

    Advice to Management

    Given the difficulties of trimming staff in a state agency, more effort should be placed to advance star employees to retain quality staff at the higher levels.


  7. "Great!"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Friendly, open, good training, promotions available, good social events, cares about the employee, onsite gym, reduced parking, child care, cafeteria

    Cons

    Not many cons. Only been working for less than a year, so hard to come up with anything at the moment.


  8. "Don't believe the hype"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Sacramento, CA
    Current Employee - Anonymous Employee in Sacramento, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at CalPERS full-time

    Pros

    Employee friendly benefits onsite. $15 gym membership per month, lots of employee enrichment programs.

    Cons

    Bad managers are untouchable, HR and EEO will defend bad actors in IT.

    Advice to Management

    Treat managers with the same scrutiny as rank and file in IT. You are bleeding talent to defend a few bad apples.


  9. "Great Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Sacramento, CA
    Former Employee - Analyst in Sacramento, CA
    Recommends
    Positive Outlook

    I worked at CalPERS full-time (More than 10 years)

    Pros

    The State of CA offers many opportunities for advancement and education. Also great benefits.

    Cons

    You must stay in the employment for a long period of time to earn retirement and health benefits into retirement.


  10. "Another leadership change"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant II in Sacramento, CA
    Former Employee - Administrative Assistant II in Sacramento, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at CalPERS (More than 10 years)

    Pros

    Great State benefits, independent budget.

    Cons

    Low morale. Sure to be another re-org with new EXEC staff.


  11. Helpful (2)

    "CalPERS review from former employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    CalPERS is better than most employees in offering training. It has its own cafeteria and a wonderful coffee shop as well as Subway restaurant in its P Street Building.

    Cons

    A high degree of nepotism and ageism exist at CalPERS. This wasn’t always the case but it has become so. There have been too many reorganizations which leads to low morale. CalPERS was once a “destination” employer, but not anymore. If you are older and experienced, you may find promotions hard to get. CalPERS says it promotes employees, but actually has a track record of promoting a lot from the outside, which also led to decreased morale.

    Advice to Management

    Until the State improves CalHR, which has done much to ruin state government, all CalPERS can do is try to be fairer, less ageist, listen to staff, and stop with all the reorganizations.



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