Charles River Development Reviews | Glassdoor

Charles River Development Reviews

Updated October 11, 2018
193 reviews

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3.2
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Charles River Development President and CEO Peter Lambertus
Peter Lambertus
101 Ratings

193 Employee Reviews

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Pros
  • "Work happens at a good cadence so good work life balance" (in 17 reviews)

  • "Charles River is a good place to work with some very smart people" (in 29 reviews)

Cons
  • "no work from home option at all (specially in operation team)--- why not have same policy for everyone" (in 17 reviews)

  • "Just forget about your work/life balance, social life" (in 10 reviews)

More Pros and Cons

  1. Helpful (1)

    "Product Specialist"

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

    I have been working at Charles River Development part-time (Less than a year)

    Pros

    Nice colleagues, flexible working environment, caring supervisor

    Cons

    Not any cons from my perspective


  2. Helpful (2)

    "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Burlington, MA
    Former Employee - Anonymous Employee in Burlington, MA

    I worked at Charles River Development full-time

    Pros

    Friendly coworkers, room to advance, and fresh fruit everyday

    Cons

    Expected to work hard and sometimes over the traditional 40 hours a week

    Advice to Management

    Be more direct in criticism

  3. Helpful (4)

    "Not the place to go for modern technology"

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

    I have been working at Charles River Development full-time

    Pros

    High proportion of intelligent co-workers
    Good base salary

    Cons

    Technology is incredibly out of date with no appetite from senior management to address it
    Lack of flexible hours. 45 hours with little tolerance to flex hours for one off reasons
    No work from home.
    Tons of process which has been grown to compensate for antiquated technology
    No career advancement.

    Advice to Management

    Allow work from home. Update technology


  4. Helpful (2)

    "Senior Product Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Product Specialist in Burlington, MA
    Former Employee - Senior Product Specialist in Burlington, MA
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Charles River Development full-time (More than 3 years)

    Pros

    Good exposure to investment management domain
    Well defined agile process
    Great peer knowledge
    Decent 401K

    Cons

    Low pay
    WFH highly discouraged
    Job insecurity at higher position
    Difficult to move around within org


  5. Helpful (1)

    "Hurry Up and Wait"

    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

    I worked at Charles River Development full-time

    Pros

    Plenty of smart people around.

    Cons

    No one has the authority to make the smallest decision. No communication from CEO or executive team about the company. The culture is terrible.

    Advice to Management

    Any advice left here would never be considered so I won’t waste the time.


  6. "Director"

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

    I have been working at Charles River Development full-time (More than 10 years)

    Pros

    Interesting products, smart people, good comp, great industry

    Cons

    Resulted expected, not a good place for people that want to coast


  7. Helpful (7)

    "At best moving sideways"

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

    I have been working at Charles River Development full-time (More than a year)

    Pros

    - Tons of smart people
    - Teammates will give you the time you need to finish your work
    - Good connections
    - Good starting salary

    Cons

    - Technology is very outdated with little to no motivation to pick up something new
    - Growth is limited
    - Lack of culture
    - Lack of documentation across the board
    - Not everyone is willing to share even the most basic information
    - Some managers micro-manage as if there is no tomorrow and have no trust in you

    Advice to Management

    Just look at a bit south to see how so many companies in Boston do it.

  8. Helpful (7)

    "Not for up-and-coming professionals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Burlington, MA
    Former Employee - Consultant in Burlington, MA
    Doesn't Recommend
    Negative Outlook

    I worked at Charles River Development full-time (More than a year)

    Pros

    Good salary for fresh out of college.
    Work life balance (emphasis on life)

    Cons

    -Weak introductory program
    -Outdated technology
    -No interest in personal development
    -Process for process's sake

    Advice to Management

    Work with your young talent to foster growth and make sure they are appropriately challenged.


  9. Helpful (7)

    "Skip this one"

    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 Charles River Development full-time

    Pros

    You get to wear shorts in the summer.

    Cons

    Have not announce pay raises this year. More than 2 months later than usual. Upper level management has poor communication with employees.


  10. Helpful (12)

    "so-so"

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

    I worked at Charles River Development full-time (More than 5 years)

    Pros

    great colleagues, location, compensation, benefits.

    Cons

    work culture can be very challenging to adjust to. we are hired as professionals so it would be nice to be treated as professionals and not micro-manage time. yes there is a required 9 hour day/45 hour workweek and for many of us that is not an issue as we will work whatever is needed to complete the job, and often times 12+ hour days. so on the occasion when someone may need to leave a bit early 30 minutes-1 hour, due to family commitments, it would be nice to have the owner/company understand and not clock watch and question the employee. for those of you reading this, it may sound silly for someone to actually state this, but it gets old after a while - especially for the employees that are committed 150%.

    Advice to Management

    treat employees like the professional you hired them to be.


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