CalPERS Reviews
Updated May 7, 2023
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Found 148 of over 153 reviews
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Top Review Highlights by Sentiment
- "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)
Ratings by Demographics
This rating reflects the overall rating of CalPERS and is not affected by filters.
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- Current Employee★★★★★
Great place to work
Apr 20, 2023 - Staff Attorney in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
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.
- Current Employee★★★★★
Decent Pay, Hybrid WFH, Good Culture
May 5, 2023 - Actuarial Analyst in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
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
- Current Employee, more than 8 years★★★★★
AVOID the Financial Office and Pension Contracts/Prefunding Program
Apr 30, 2023 - Manager in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
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.
- Current Employee★★★★★
Pros
Pay is good. Benefits are great like any state agency.
Cons
No culture. CEO does not listen to employees
Continue reading - Current Employee, more than 3 years★★★★★
Good place to learn waterfall development
Jan 24, 2023 - Software Engineer in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
- 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 - Former Employee★★★★★
Destination Employer
Feb 24, 2023 - Associate Governmental Program Analyst (AGPA) in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
Beautiful office, nice location to be
Cons
Can be very high demand
- Current Employee, more than 10 years★★★★★
Great team, inconsistent leaderership
Feb 26, 2023 - Manager in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
meaningful mission / great team
Cons
frequent senior-level turnover / inconsistent direction from the top / very siloed between divisions
Continue reading - Current Employee★★★★★
Pros
Great campus and work life balance. The managers care about growth.
Cons
Not many remote options available
- Current Employee★★★★★
Pros
Great Company to work for!
Cons
No cons to working here.
- Current Employee★★★★★
Good but slow
Aug 14, 2022 - Undergrad Student Assistant in Sacramento, CARecommendCEO ApprovalBusiness OutlookPros
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.
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.
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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