Calvert Investments Reviews | Glassdoor

Calvert Investments Reviews

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2.4
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John Streur
10 Ratings

46 Employee Reviews

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  1. Helpful (3)

    "Constant Upheaval"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Negative Outlook

    I worked at Calvert Investments full-time

    Pros

    Use to have great benefits and a positive work environment. Company mission and emphasis on ESG principles were also a plus.

    Cons

    Past few years have seen a major downturn in sales and morale. Regulatory infractions have proved to be the final straw.


  2. Helpful (2)

    "Calvert Was a Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Calvert Investments full-time (More than 8 years)

    Pros

    The history of the company was originally a family oriented company; a nice place to work and great benefits. Great customer relations

    Cons

    Scope for promotion was not good. Throughout my last three years at the company, the environment was stressful, very little concern about staff and no longer a great place to work

    Advice to Management

    Treat staff with respect and value is good for a successful business

  3. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Bethesda, MD
    Former Employee - Financial Analyst in Bethesda, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Work/Life balance was pretty good. New corporate strategy was needed.

    Cons

    Company has been downsizing annually.

    Advice to Management

    Focus on new strategy quickly.


  4. Helpful (5)

    "Was a great Company Many Years Ago"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Reasonable salary range, Company long term history, Company established in the financial industry

    Cons

    Not very diverse anymore, makes huge claims to being social responsible but doesn't treat it's employees by the same standards, equal opportunity employer is only words on paper to them, extremely non transparent on their real direction and goals

    Advice to Management

    If you want to continue promoting the Company on it's social value structure then start from within and treat employees with clear transparency on your goals and how you wish to achieve them.


  5. Helpful (1)

    "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    Pros

    Lots of challenges lead to lots of opportunities.

    Cons

    New management and new directions


  6. Helpful (11)

    "Move on , No Upside"

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

    I worked at Calvert Investments (More than 10 years)

    Pros

    Great brand name, opportunity to get exposure to many areas of the industry, respectable mission, high demand product area

    Cons

    There is zero economic upside to working here. I finally realized it after 10+ years of giving it my all and am finally happy I woke up to greener pastures. Big regret in not having left sooner. At the end of the day Calvert is owned by a non-profit insurance company halfway across the country and it makes up hardly any of their overall business. They care nothing about the company, yet control EVERY decision made to the point it is impossible to acquire or retain true talent. New management came in with a bunch of promises which proved to be empty. They are simply puppets of the parent company. Only the CEO and CFO (who got a huge promotion 2 months after being hired) have job security and any economic upside in the company's future.

    Advice to Management

    Read the Cons section very carefully.


  7. Helpful (9)

    "A Gentle Warning"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    I worked at Calvert Investments full-time

    Pros

    None, really, other than Calvert Investments is located in downtown Bethesda, which is an awesome place to work.

    Cons

    I'm posting this because Calvert is currently looking to hire a number of developer and technology positions. My strongest suggestion is that you think twice before considering working in IT for this company. Despite being in an industry reliant on technology, there is no managerial support or respect for IT at Calvert. There has been no technology leadership for four years, and while it was hoped this would improve under the new management, it's actually gotten worse. The new CEO fired much of the department and many of their best folks have resigned. Management of the group has been given to a person with no prior IT experience and no understanding of technology or development methodology. Unless there is a renewed commitment by management, I can't imagine this would be a fulfilling and pleasant environment.

    On the flip side, if you're an investment professional, Calvert is a great place! Investment folks are highly favored and well-compensated.

    Advice to Management

    Please see above. Investment, innovation and leadership are needed to create an exciting and rewarding work environment.

  8. Helpful (16)

    "Can It Get Any Worse?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Calvert Investments full-time

    Pros

    There are still some good people left who still believe in the company and work hard every day. But it's getting fewer and fewer. Many have been fired or have resigned due to the uncertainty about the company.

    Cons

    Utter lack of direction, no sense of shared purpose, no strategic goals and very, very little communication from top management. So many people have been fired and so many have left that the resource level is beyond critical. In my department, so many have been laid off or have been driven away by our new "manager", that we can't get anything done. Morale is at rock bottom due to the lack of effective, competent leadership.

    Advice to Management

    Set and communicate a strategic vision. Hire experienced, technically qualified management (IT?). Try to instill some hope for the future.


  9. Helpful (2)

    "Navigating Change"

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

    I worked at Calvert Investments (More than 10 years)

    Pros

    The company has a long and solid history in investment management in the mutual fund space. In the area of sustainable and responsible investments, the company has long been regarded as a thought-leader.

    Cons

    The company is going through major changes, with the selection of a new CEO in 2015 and with many staff changes in management and throughout its ranks. The company will need to successfully navigate the waters of redefining its business, mission, and identity.

    Advice to Management

    In redefining the organization, cast a vision that employees will commit to follow joyfully for the short-term and the long-run, and that will inspire others to invest their talents and money to run along beside you. Find ways to recognize employee efforts and innovative contributions.


  10. Helpful (10)

    "Senior management with an inspiring vision!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Bethesda, MD
    Current Employee - Anonymous Employee in Bethesda, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Calvert Investments full-time (Less than a year)

    Pros

    Senior management has a plan for the company to grow and be more of a leader in socially responsible investing. The plan is not just words but has resulted in actions to facilitate change and a new way of doing things. Change has made some of people at the company uncomfortable. Not a lot changed here for many many years. Even when change is needed and for the best, there will be those that dig their heels in and resist. If you enjoy working in a dynamic, fast paced environment, where your opinion and experience is valued, you will love working here. Please don't be discouraged by some of the reviews on this site -you will have a chance to make a difference here and the new management has the company heading in the right direction.

    Cons

    The technology needs improving. This is being addressed but will take time and resources to improve. Also, more resources need to be put towards developing and training staff. This was ignored by the prior management team and it is noticeable - especially if you come from a company where this is a focus.

    Advice to Management

    Keep up the communication. It is appreciated especially during times of change. Put as much structure as possible in place to facilitate the changes the company is going through. This will make employees feel more secure about making the transition and ensure nothing falls through the cracks. Thanks for all you are doing for the company and employees.


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