Calamos Asset Management - Stay Away! | Glassdoor
There are newer employer reviews for Calamos Asset Management
There are newer employer reviews for Calamos Asset Management

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Helpful (3)

"Stay Away!"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Naperville, IL
Former Employee - Anonymous Employee in Naperville, IL
Doesn't Recommend
Disapproves of CEO

Pros

Flexibility with work/life balance. Free lunch each day. Covered parking. Good vacation policy and 401k match/profit sharing. Upscale work environment.

Cons

Very political. Not everyone is treated fairly. Performance reviews are often very late, sometimes up to a year late. Senior management seems afraid of John Calamos. They are not empowered to make decisions.

Advice to Management

Stop micro managing your senior management. You pay them a lot of money. Let them do their jobs.

Other Employee Reviews for Calamos Asset Management

  1. Helpful (3)

    "Low pay for the work invested. Better opportunities elsewhere...head into the city."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Analyst in Naperville, IL
    Former Employee - Junior Analyst in Naperville, IL
    No opinion of CEO

    Pros

    Free lunch (literally). Covered parking. Decent benefits. Good support to pursue the CFA (which is very much valued at Calamos).

    Cons

    Pay is horrid for the jr analyst position and doesn't get much better as you advance. Not much opportunity to prove yourself for the first few years outside of filing papers, making copies, data entry, etc. Wish I had those years back (huge opportunity cost in terms of knowledge not gained as a result of not doing research and very poor pay for the amount of time/work invested. You work a LOT...especially on meaningless tasks...and get paid very little). There are definitely better opportunities out there (which I've discovered). Turnover is high and sr turnover appears to have gotten worse since I've left. It doesn't look like anything has improved.

    Advice to Management

    Improve communication (and review times). My reviews became so late that I forgot my anniversary date.


  2. "Free Lunch..."

    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
    Approves of CEO

    I worked at Calamos Asset Management full-time

    Pros

    Free lunch, parking, decent benefits, young atmosphere. Good place to start your career, but most people leave after a year or two to go somewhere better.

    Cons

    Low pay that is completely under the market. They will offer to pay if you decide to leave, though! Poor culture and it seems like lots of people are scared of upper management, which you can imagine prevents positive change.

    Advice to Management

    I wish the best for the company... just seems like some of the top management involves themselves in areas that are not their expertise. This creates large issues. Unfortunately, everyone knows this will never change.

There are newer employer reviews for Calamos Asset Management
There are newer employer reviews for Calamos Asset Management

See Most Recent

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