Calvert Investments Reviews

Updated Aug 20, 2020

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2.5
19%
Recommend to a Friend
28%
Approve of CEO
Calvert Investments President & CEO John Streur (no image)
John Streur
13 Ratings
Pros
  • "Work/Life balance was pretty good(in 10 reviews)

  • "responsible investing(in 3 reviews)

  • Cons
  • "New management and new directions(in 5 reviews)

  • "upper management is racist and I am not making this up lived it(in 4 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, less than 1 year

      Senior management with an inspiring vision!

      Nov 14, 2015 - Anonymous Employee in Bethesda, MD
      Recommend
      CEO Approval
      Business Outlook

      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.

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      10 people found this review helpful
    2. 3.0
      Former Employee, more than 3 years

      New management in changing times

      Aug 20, 2020 - Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      New opportunities in a down-sizing environment

      Cons

      Company is repositioning for future

      1 person found this review helpful
    3. 3.0
      Former Employee, more than 1 year

      Calvert investments

      Jan 13, 2020 - Assistant General Counsel in Bethesda, MD
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits, industry recognition, great location

      Cons

      Bonus amount up to department head and if they don't like you, you are in trouble.

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    4. 3.0
      Current Employee, more than 8 years

      A losing gem...

      Sep 30, 2013 - Anonymous Employee in Bethesda, MD
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - a good company with extremly bright employees - a relatively relaxed environment that also allows for a life outside of work - a great starting point for your career but don't expect to be rewarded for your efforts - the sales department used to have a wonderful atmosphere of great minds and brilliant ideas but has been hampered by the new regime in office

      Cons

      - extremely poor management, especially at the executive level. there are too many people trying to claim the role of the most important person. - we are supposed to be the pioneers in SRI while other companies are better executing their strategy and far surpassing us. We're letting a great opportunity pass us by with management more worried about their own good versus putting their efforts in the bread and butter of the company that truly is all we have to differentiate ourselves by. -too beaurucratic for its own good -extremely no place to move within the firm. they are spread so thin where people where multiple hats and do not get compensated for it -poor salary, especially relative to the rest of the industry. employees in sales are making, on average, $20k less in base than other local competitors but have a more intense work load

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      1 person found this review helpful
    5. 1.0
      Former Employee, more than 3 years

      Avoid at all Cost

      Mar 15, 2019 - IT Consultant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      None that I can think of

      Cons

      Pretty much everything about working here

      1 person found this review helpful
    6. 3.0
      Current Employee, less than 1 year

      luck of the draw in a growing company

      Oct 16, 2013 - Anonymous Employee in Bethesda, MD
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The corporate mission of "investments that make a difference" draws passionate, engaged employees. Free 15-minute massages every two weeks. Free commuting benefits that you choose: sneakers, a bike, metro pass, or parking. A relaxation room that is actually used by everyone with the best La-z-boy for mid-day breaks. 25 cent soda machines. $6 movie tickets. Puzzles in the kitchens. Really nice people. Seriously nice people. Recent office reconstruction means open spaces, light and decent cubicles. Depending on your manager, a lot of flexibility. Assets and business are growing.

      Cons

      Has had some growing pains over the last two years. Calvert isn't sure if it's a small company with a great employee culture or a corporate monolith wannabe. Your experience at Calvert is very dependent on your department/boss. Attrition is low which means that promotions or internal transfers can be long in coming. Healthcare options are limited and pricey, especially for a company that's owned by an insurance holding group. On good days, it feels like a values-driven, passionate company, like Ben & Jerry or Honest Tea. On bad days, it's like Office Space and the Office put together.

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      1 person found this review helpful
    7. 3.0
      Former Employee, more than 10 years

      Move on , No Upside

      Apr 5, 2016 -  in Bethesda, MD
      Recommend
      CEO Approval
      Business Outlook

      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.

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      12 people found this review helpful
    8. 3.0
      Former Employee, less than 1 year

      Not the best, but not the worst ...

      Jun 17, 2014 -  
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible schedules and people who are smart and for the most part nice and easy to deal with. Good benefits.

      Cons

      Your experience will depend on which department you work for. Some are given lots of perks and advocacy, while others get no real support or recognition at all. They say diversity at the company is a priority but they have a very limited perspective when it comes to putting it into practice. The pay isn't the greatest either, but again, a lot of that depends on who you are and where you are in the company. They pay the ones they choose to. Mobility is also an issue; expect to keep the same position for years with no real shot at advancing even though your workload will surely increase. This led to several longtime employees exiting the company in the last few years.

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      2 people found this review helpful
    9. 1.0
      Former Employee, less than 1 year

      A good company at heart, but times are changing

      Jan 20, 2014 -  
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great Benefits and great people at Calvert. Overall a nice place to work on most days, because management doesn't actually manage anything. You will be left alone to do your job. Amazing work/life balance. 28 days of vacation! Can't find that anywhere else.

      Cons

      Lousy Management. They are completely disconnected from the people they manage. Generally treat you as a lesser person and talk down to you. There is zero input allowed from subordinates who are actually in the field and know how the business works. The mindset of the company is focused on penny pinching in the wrong areas, while giving exorbitant budgets for worthless marketing ventures, there's an app for that! The main thing they seem to be focused on is cutting compensation for the internal and external sales team, which led to a mass exodus in the past year, and it is about to happen again this year. The industry is catching up and will soon take over the little niche we have in the market because the competition is seeing the opportunity and have large budgets. Compound that with performance falling makes the products increasingly more difficult to sell.

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      3 people found this review helpful
    10. 2.0
      Former Employee, less than 1 year

      New management is not new anymore

      Nov 23, 2015 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      There are some people at the company (mostly people who have been there for a long time) who are highly professional and who do most of the work. There are some that believe and embrace the social mission of Calvert and others who don't.

      Cons

      Calvert has been through a lot of difficulties over the last several years and this year is no different. The current CEO has made made a lot of decisions since taking over in January (other than the recent layoffs and product changes) - many of those decisions either don't make sense or have been reversed. Blaming Calvert's many issues on the previous management is a cop out. There is a strong sense of paranoia and most feel they need to watch their back because they could be next. Don't assume that recent changes have set the right course for the company - that is yet to be seen.

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      12 people found this review helpful
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