CalPERS Reviews

Updated Jun 8, 2021

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Found 106 of over 109 reviews

4.2
87%
Recommend to a Friend
79%
Approve of CEO
CalPERS Interim CEO Douglas Hoffner
Douglas Hoffner
21 Ratings
Pros
  • "Felt like I was part of a high-performing team, and I still had excellent work-life balance(in 19 reviews)

  • "The Investment Office is a great place, Very professionally run and good work life balance(in 8 reviews)

  • Cons
  • "no upward mobility(in 6 reviews)

  • "no upward(in 4 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee

      Best State of CA Agency

      Jun 8, 2021 - Customer Service 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      1. Great facilities 2. Most managers take care of their employees 3. Some great co-workers

      Cons

      A few managers are into favoritism and don't take care of people who took care of business for years.

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    2. 5.0
      Current Employee

      good

      Jun 1, 2021 - Software Developer in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good good goodgood good good

      Cons

      nothing nothing nothing good good good

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    3. 5.0
      Former Employee

      Would do again

      Apr 27, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      nice people, would definitely do this again

      Cons

      none that I really can think of

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    4. 5.0
      Current Employee, more than 5 years

      Destination Employer for State Service

      Mar 26, 2021 - IT Specialist I in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The best work environment in State Government.

      Cons

      Lazy people don't do nothing.

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    5. 4.0
      Current Employee

      ITS I at CalPERS

      Apr 30, 2021 - Information Technology Specialist I in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great teams to work with

      Cons

      Maybe just my luck, but a lack of supervisorial support for career opportunity exploration

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    6. 4.0
      Current Employee

      Good as it can be

      May 3, 2021 - App Developer in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good as it can be

      Cons

      Very limited office space to use

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    7. 1.0
      Current Employee, more than 5 years

      What are calPERS' Core Values?

      Jan 14, 2021 - Investment Officer II in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -ability to access and meet with global Firms and investment professionals. One of the significant values and opportunities of working in the investment office.

      Cons

      - promotions not always merit, seem to take advantage of the hardest working people and politics more important. - managers are often the weak link for getting important tasks done. There is also a striking difference between the work effort managers expect of themselves versus junior staff (most take advantage of 4 hours a day versus expect junior staff to work 10+ hours a day, especially during COVID). - It has become a true Office parody; what company needs two co-CIOs??? Oh, and somehow not enough in the budget to approve a few more IO 3 or IO 2 positions so junior staff can get promotions without waiting 8 - 10 years.

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      1 person found this review helpful
    8. 5.0
      Current Employee, less than 1 year

      Awesome Department

      Feb 10, 2021 - Staff Services Analyst (General) in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Informed, supported, working as a team and not staff

      Cons

      Most likely the parking issue once we go back to the office

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    9. 3.0
      Current Employee, more than 1 year

      Great overall but with some caveat

      Mar 18, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Base salary is comparable to industrial average. Great health benefits. Great working environment.

      Cons

      Lack of upward mobility. It takes time to get promotion.

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    10. 5.0
      Current Employee

      good

      Jan 31, 2021 - Accountant in Sacramento, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      like the culture and the people

      Cons

      no cons working at calpers

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    Viewing 1 - 10 of 106 Reviews

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