CalPERS Reviews

Updated Jul 9, 2020

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3.9
75%
Recommend to a Friend
73%
Approve of CEO
CalPERS Interim CEO Douglas Hoffner
Douglas Hoffner
16 Ratings
Pros
  • "Felt like I was part of a high-performing team, and I still had excellent work-life balance(in 18 reviews)

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

Cons
  • "upward mobility, a lot of work with too few people(in 4 reviews)

  • "The administrative side is loaded with waste, very little emphasis is placed on stewardship of the pension fund's assets(in 4 reviews)

More Pros and Cons
  1. "Excellent Work environment"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Staff Services Analyst in Sacramento, CA
    Recommends
    Positive Outlook

    I worked at CalPERS part-time for more than 3 years

    Pros

    excellent opportunities growth . Strong work/life balance

    Cons

    new upper management change process and procedures without understanding current system.

  2. "Flexible Job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Seasonal Clerk in Sacramento, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at CalPERS part-time for less than a year

    Pros

    Flexible Schedule, Great family moral. Events are Great. You can make a lot of connections

    Cons

    Intermittent hours. Only 1500 hours a year

  3. "Best Work Enviroment"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - QA Engineer 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CalPERS full-time for more than a year

    Pros

    Best workplace, and many more

    Cons

    NO Con's to say in this company

  4. "Awesome place to work"

    5.0
    Former Employee - Benefits Program Specialist 

    I worked at CalPERS full-time

    Pros

    Great management & great team in my unit. Very innovative and have programs to help promote.

    Cons

    none that I can think of.

  5. "Great experience"

    4.0
    Current Employee - IT Student Assistant 

    I have been working at CalPERS part-time

    Pros

    My school schedule is prioritized, and they work around it, which is great.

    Cons

    Projects and technology advancement is slow-moving.

    Continue reading
  6. "Work-Life Balance Pros"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Governmental Program Analyst in Sacramento, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at CalPERS full-time for more than a year

    Pros

    Felt like I was part of a high-performing team, and I still had excellent work-life balance. The defined benefit pension was stellar.

    Cons

    Some employees were less motivated

  7. "If you want in to CalPERS, look into their call center. Boring, but, will get you in."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Staff Services Analyst in Sacramento, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at CalPERS full-time for more than a year

    Pros

    Downtown parking is cheaper. Newer, great buildings

    Cons

    Parking lot wait list takes months.

  8. "Great State Agency with Great Mission-Wonderful Place to Work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at CalPERS full-time

    Pros

    1. Great organization working hard to serve current and retired public employees 2. Some excellent co-workers 3. Good benefits including health, dental, vision, paid vacation, sick leave and if you stay long enough a pension 4. Very modern buildings which include gym, cafeteria, coffee shop and nice grounds with eating areas

    Cons

    1. Some managers don't take care of their best workers and do take care of their favorites and friends. People leave or retire early because of favoritism even though they really like the CalPERS mission and goals.

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  9. "Great place to work!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Governmental Program Analyst in Sacramento, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at CalPERS full-time for more than a year

    Pros

    Great work/live balance. Fun work culture and fun enterprise events.

    Cons

    There's a long wait list for parking in one of the nearby parking lots. I've worked at CalPERS for over a year, and I signed up for parking on my first day of employment. As it stands now, I'm 399 on the list.

  10. Helpful (1)

    "Outside of the Investment Office - Toxic!"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Staff Services Manager in Sacramento, CA
    Doesn't Recommend
    Negative Outlook

    I worked at CalPERS full-time for more than a year

    Pros

    Good training, nice campus, good reputation.

    Cons

    Outside of the Investment Office, the work environment and cultural climate can be extremely toxic and cut-throat. The Ethics Helpline is used/abused as a weapon by employees against coworkers and management. The administrative side is loaded with waste, very little emphasis is placed on stewardship of the pension fund's assets.

    Continue reading
Found 85 reviews