AIG - Disappointing Lackluster Experience | Glassdoor
There are newer employer reviews for AIG
There are newer employer reviews for AIG

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Helpful (2)

"Disappointing Lackluster Experience"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Assistant Director in New York, NY
Current Employee - Assistant Director in New York, NY
Doesn't Recommend
Negative Outlook
No opinion of CEO

I have been working at AIG full-time (More than 5 years)

Pros

As of last year, very generous PTO policy, good 401K match, decent bonuses (on paper), some departments have began to promote flex work arrangements.

Cons

No raises for the past 2 years. Ridiculous performance evaluation process with a forced "performance curve" whereby good performers end up with bad ratings to meet the "curve" and get stripped of bonuses. Poor systems and IT support in general. "Boys club" at the management level making it impossible to get promoted, very policital. Generally, virtually non-existent promotions, even at lower levels, despite consistently high performance ratings. Very limited opportunities for training. Grueling hours in some departments (such as financial reporting). Office space downsizing touted as "workspace optimization" resulting in people being placed in shoebox size cubicles, even at director level. Useless HR unable to take action.

Advice to Management

There are too many change initiatives going on at the same time. Manage and prioritize change properly, do not overload people by 100s of "top priority" projects. Give people raises just to keep up with rising prices and inflation!!! Get that performance curve in line with industry standards - it's impossible to weed out 20% of workforce every year on the grounds of poor or unsatisfactory performance. Use some common sense when planning work space - people can't work in a cube so small that you cannot even move your work chair. Outsourcing IT support to India was not a smart decision - it has been taking weeks to get even small things fixed thus hurting productivity. Establish career paths that are real and allow for people move up and get promoted.

Other Employee Reviews for AIG

  1. Helpful (2)

    "Great Pay, Insanely arcane Policies"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Project Manager in Fort Worth, TX
    Current Contractor - Project Manager in Fort Worth, TX
    Doesn't Recommend
    Positive Outlook

    I have been working at AIG as a contractor (Less than a year)

    Pros

    -Very good compensation
    - Management allows you manage you projects

    Cons

    - Amazingly complex procedures and documentation required to receive approval do anything that involves the expenditure of one dollar or more.
    - Since it is a Insurance Conglomerate, it is no surprise that 50 % of all work cycles are spent creating, Meeting about, submitting for Sr.Mgmt review & approval, correcting, resubmitting, and finally uploading redundant documents that are mostly created to insure that it is not anyone's fault....
    - Almost everyone are in "People Zoo" cubicles (3 ft. high cube walled desks, facing each other. The noise from 100's of phone conversations can be maddening...

    Advice to Management

    Reduce the redundant document streams...


  2. Helpful (1)

    "This use to be a great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Analyst in New York, NY
    Former Employee - Senior Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AIG full-time (More than 5 years)

    Pros

    Great benefits, 401k and cash balance

    Cons

    Massive restructuring, poor performance rating process, lack of upward mobility, too many chiefs and not enough people to do the work, no raises the last 3 years, incompetent HR department

    Advice to Management

    Create better performance rating process. Do not have a forced curve that puts 20% percent of your work force in danger of being let go. Give cost of living increases.

There are newer employer reviews for AIG
There are newer employer reviews for AIG

See Most Recent

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