Cerberus Capital Management Reviews | Glassdoor

Cerberus Capital Management Reviews

Updated November 30, 2017
18 reviews

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3.3
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Stephen A. Feinberg
10 Ratings

18 Employee Reviews

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  1. "Great Company, Avoid IT Department!!!"

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

    I worked at Cerberus Capital Management full-time

    Pros

    First, let me be completely honest and say that this is a great company to work for. Benefits are incredible and I believe the company truly cares about their people (most departments anyway). I have had interactions with C-Level and above colleagues and almost all have been wonderful.

    There are some very smart developers here.
    As well, many smart operations personnel as well.
    To be fair, I think most of the company should get praise for what it's done and continues to do.
    Clear vision and execution strategy.
    A company that truly cares that his people are getting the best benefits they can provide from day 1.

    Cons

    The cons I list, as well as any ratings that are not a 5 star, are directed towards ratings of one particular area, not the company itself. This area is a chaotic mess when it comes to developing and delivering their software. There is no process, no discipline, and attempts to work with them from outside departments such as the one I was in was terrible. Someone wrote about a previous interview where a manager had a limp handshake and was too busy reading his emails to pay attention. He also noted that the group seemed without discipline and chaotic. Boy was he ever spot on. I've even heard a manager ask why one developer was talking to ops "without adult supervision". I have personally witnessed in meetings where both managers treated everyone very condescending, as though they were not worthy of their time. I've heard people called "stupid", and always told they "don't get it". Strange how so many folks "don't get it", could it be the person relaying the message is the problem?

    Total lack of discipline.
    Software delivery deadlines are constantly missed.
    People are forced to use a system that is under-performing, and their input is completely disregarded.
    It is very uncommon to hear positivity coming from leadership in the development arena. Public negativity runs rampant.
    I've also been witness to people voicing honest concerns only to "disappear" soon thereafter. Although no one will admit to it for obvious reasons, retaliation runs amock.

    Millions of dollars are being wasted on what should be (and intent was very much is) a data warehouse that is unsustainable. Constant fitting of square pegs into round holes just because of a lack of any vision other than one persons.

    Advice to Management

    Take a serious look into the money you have and continue to spend on your data warehouse and supporting infacing and outfacing support structure. Whatever status updates you may have been provided, it can not be completely honest. You also have a serious liability in how management in this area treats (abuses) your most valuable resource, your people. The lack of interpersonal skills and flat out disregard and condescending attitude by management has taken a huge toll and will soon take more. Down the road you will realize, but it will be too late by then. Cerberus is a great company, but you have serious issues that need to be addressed.

    The rating for the company as a whole is 5 stars as shown below:

    The rating for the anyone interested in software development based upon interactions over the years is as follows:

    Career Opportunities : 0
    Compensation and Benefits: 5
    Work/Life Balance: 3
    Management: 4
    Culture and Values: -1


  2. "Bad managers"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    I have been working at Cerberus Capital Management full-time

    Pros

    Cerberus has decent pay scales

    Cons

    Culture from the top down is one where condescension and lack of development is commonplace and accepted.

  3. "Associate"

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

    Pros

    Good health care. When you are in the office some execs make you feel important

    Cons

    Coac ceo leadership team. Very phony wgen it comes to that team


  4. Helpful (1)

    "Great place to build a career"

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

    I worked at Cerberus Capital Management full-time

    Pros

    This is one of the most renowned firms in the industry for a reason. Strong compensation, smart people, and stellar reputation

    Cons

    Given the nature of the business and the heritage, the culture is pretty intense and very hard work is expected, not encouraged

    Advice to Management

    Overall, the direction of the firm is very strong and the relatively recent initiative to focus on the core distressed / distressed middle market PE businesses are clearly bearing fruit


  5. "Outgoing"

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

    I worked at Cerberus Capital Management full-time (More than 10 years)

    Pros

    A good place to work

    Cons

    Good place to work hard to get into


  6. Helpful (2)

    "Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - New York in New York, NY
    Former Employee - New York in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Decent Salary and Benefits and company is small enough where you can learn many different duties and aspects of private equity and hedge fund and other finance and investment areas.

    Cons

    Really no cons, the normal office politics, the normal amount of good people, busy people, annoying people, hard working people. If you find out your job is too easy, start asking for more work and complicated tasks. Be proactive.

    Advice to Management

    For those that are hardworking, promote from within. For those that make mistakes and admit it, acknowledge, don't jump the gun and punish without investigating why.


  7. "Great experience"

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

    Pros

    Compensation, experience, perks, activities, intelligent

    Cons

    Need to self train, or if in doubt, ask with confidence.

    Advice to Management

    A general sense of anxiety can decrease with more support.

  8. Helpful (3)

    "Horrible, spring 2013 purchased Jewel Osco, that's when the nightmare started."

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

    I have been working at Cerberus Capital Management full-time (More than 10 years)

    Pros

    Tenure associates have good health benefits, medical, vison and dental for family even for part time associates. 401k retirement as well.

    Cons

    Management from store directors, district mgrs to top management treat the supervisory mgrs and the labors with disrespect no regard for their human life.
    More worker's and hours are needed to accomplish the unreasonable daily tasks.
    It is not human nature for one to work at their max on a daily basis. This can be very debilitating after time. Supervisory managers are treated like slaves. Constant treat of losing ones job. Must be available 24/7. Evening on one's day off as well as Vacation time. Job doesn't pay enough we're not six figure office mgrs. We do the grunt work. No time to manage the impossible. So please do sell sell us you're horrible to work for worse than svu.

    Advice to Management

    STOP you're ABUSE Bully ING management
    Style. From store mgrs, district managers up. We are human beings.


  9. "fulfilling"

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

    I have been working at Cerberus Capital Management full-time (More than 10 years)

    Pros

    Smart people, diversified and interesting work. Compensation structure is fair to generous, sufficient numbers of staff at all levels to meet demanding workload of all departments

    Cons

    Ever changing regulatory demands on financial firms and seeking out new investment directions as cycles change

    Advice to Management

    Firm tries to meet work life balance of employees. Many shortcomings of the infrastructure have been overcome with improved technology allowing for less demanding schedule of accountants.


  10. Helpful (1)

    "Ordinary, mediocre, nothing special"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at Cerberus Capital Management full-time (More than a year)

    Pros

    Some people there are actually very smart. You're very lucky if you actually get to work with them.

    Cons

    Lackluster, ordinary firm, too much hype not enough substance, employee burnout, mediocre benefits and salary, bonuses aren't competitive, limited training and advancement opportunities.

    Advice to Management

    You'd benefit from updating your technical skills and listen to some of the smart people working for you.


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