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CalPERS Reviews

Updated May 7, 2023

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Found 148 of over 153 reviews
3.8
71% Recommend to a Friend
CalPERS Interim CEO Douglas Hoffner
61% Approve of CEO

Found 148 of over 153 reviews

3.8
71%
Recommend to a Friend
61%
Approve of CEO
CalPERS Interim CEO Douglas Hoffner
Douglas Hoffner
39 Ratings

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Finance

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Commercial Customer Service Representative

What’s the best way to have a lack of compensation and incentive conversation in your department? I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. I thought my 5 year was going to finally show something but it did not. I’ve inquired about pay but it’s gotten nowhere.

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Finance

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Top Review Highlights by Sentiment

Pros
Cons
  • "Managers do not always value the ethic of employees or put their interests first(in 6 reviews)
  • "Management at Fiscal is bad: play favoritism, no knowledge, and retaliation staff(in 6 reviews)
  • "Upward mobility here is non(in 4 reviews)
  • "Low pay compared to the private sector unless you stay long enough to get to the top of the pay scale for your classification, but then you will eventually reach a cap where you cannot get any more raises(in 4 reviews)
  • "The FO is full of Nepotism and is making it a horrible place to work.(in 3 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

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

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  1. 5.0
    Current Employee

    Great place to work

    Apr 20, 2023 - Staff Attorney in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Management is smart, practical, focused.

    Cons

    One downside -- team members aren't required to be in the physical office more than three days a week.

    Be the first to find this review helpful
  2. 4.0
    Current Employee

    Decent Pay, Hybrid WFH, Good Culture

    May 5, 2023 - Actuarial Analyst in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Decent pay. Plenty of opportunities for promotion in analyst roles. Low stress environment. Little overtime

    Cons

    Required 3 days per week in-office. Study program isn't great (75 study hours for most ASA exams). Few opportunities for analysts to do high-level work or use cutting-edge technology

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  3. Join the CalPERS team
    See Our Latest Jobs
  4. 1.0
    Current Employee, more than 8 years

    AVOID the Financial Office and Pension Contracts/Prefunding Program

    Apr 30, 2023 - Manager in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    You get a paycheck and a pension.

    Cons

    The FO is full of Nepotism and is making it a horrible place to work. The Division Chief and the Controller are driving the place off the cliff. It has a very mean girl feel to it and it's a race to the bottom. The CEO and the other Executives just voted themselves a huge increase in their annual bonus while losing money for the taxpayers.

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  5. 2.0
    Current Employee

    Eh

    May 7, 2023 - SSM I in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Pay is good. Benefits are great like any state agency.

    Cons

    No culture. CEO does not listen to employees

    Continue reading
    Be the first to find this review helpful
  6. 4.0
    Current Employee, more than 3 years

    Good place to learn waterfall development

    Jan 24, 2023 - Software Engineer in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Flexible, understanding, and supportive managers - Helpful and professional team culture - Huge applications to support (MyCalPERS/MSS) and lots to learn and build - Good work/life balance, overtime is rare - I feel like my work is valuable and has a direct impact - Probably the best job security you can possibly get

    Cons

    - Huge organizational structure with lots of teams and sub-groups, so your experience will vary depending on the people you end up working with - No in-place promotions. If you want to promote, you have to fill a vacancy - People who have worked there a long time make the most money regardless of performance/output - Small mistakes and errors in judgment in analysis/design phases of big projects can snowball into stressful development later on. It takes practice to execute projects well, this is the risk of waterfall - Individual recognition is somewhat sparse, although there are avenues for it - Quite a few state employee developers are not really qualified to do complex software development and are not comfortable with it, but have been working there a long time - Low pay compared to the private sector unless you stay long enough to get to the top of the pay scale for your classification, but then you will eventually reach a cap where you cannot get any more raises - Lots of people here are already at the pay cap for their classification and feel stuck in their career - Very slow to fill vacancies, long hiring process

    Continue reading
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  7. 5.0
    Former Employee

    Destination Employer

    Feb 24, 2023 - Associate Governmental Program Analyst (AGPA) in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Beautiful office, nice location to be

    Cons

    Can be very high demand

    Be the first to find this review helpful
  8. 3.0
    Current Employee, more than 10 years

    Great team, inconsistent leaderership

    Feb 26, 2023 - Manager in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    meaningful mission / great team

    Cons

    frequent senior-level turnover / inconsistent direction from the top / very siloed between divisions

    Continue reading
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  9. 4.0
    Current Employee

    Agpa

    Dec 23, 2022 - Associate Governmental Program Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great campus and work life balance. The managers care about growth.

    Cons

    Not many remote options available

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  10. 5.0
    Current Employee

    Job

    Oct 26, 2022 - Disability Specialist 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great Company to work for!

    Cons

    No cons to working here.

    Be the first to find this review helpful
  11. 5.0
    Current Employee

    Good but slow

    Aug 14, 2022 - Undergrad Student Assistant in Sacramento, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    People are nice and helpful. A lot of employment benefits for long term full time employees. Good place to come to before retiring. Good WLB.

    Cons

    Slower growth because since it's a government institution, you can't initiate any project of your own, let along doing work in other departments if you are interested, because of security reasons.

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Viewing 1 - 10 of 148 Reviews
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CalPERS Reviews FAQs

CalPERS has an overall rating of 3.8 out of 5, based on over 153 reviews left anonymously by employees. 71% of employees would recommend working at CalPERS to a friend and 51% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, CalPERS employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at CalPERS. This rating has been stable over the past 12 months.

71% of CalPERS employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated CalPERS 4.0 out of 5 for work life balance, 3.7 for culture and values and 3.3 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at CalPERS to be coworkers, workplace, benefits and the cons to be senior leadership, management, career development.

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Glassdoor has 153 CalPERS reviews submitted anonymously by CalPERS employees. Read employee reviews and ratings on Glassdoor to decide if CalPERS is right for you.