Prudential - Investment ops | Glassdoor
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There are newer employer reviews for Prudential

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"Investment ops"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Accounting Associate in Newark, NJ
Former Employee - Senior Accounting Associate in Newark, NJ
Recommends
Positive Outlook
Approves of CEO

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

Pros

Good work life balance, decent pay for hours worked. Friendly people. Benefits were great. For continuing education, PRU pays 12,000 per year for education with no contract. I would go back to work for Prudential, but not in investment ops.

Cons

Employees given no clue on exactly how raises and bonuses compared to peers. Investment ops is filled with people who seemed to not care about their career, very 9-5 if that is what you are looking for.

Advice to Management

Reward performers and don't let poor performers keep their jobs just because they have been employed with company since the 70's

Mr. Strangfeld has done an excellent job running the firm in this tough economic climate.

Other Employee Reviews for Prudential

  1. "Not bad, but..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Scranton, PA
    Current Employee - Anonymous Employee in Scranton, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Prudential full-time (More than 10 years)

    Pros

    Plenty of opportunities to work from home, and the Prudential name looks great on your resume. Most of your co-workers are friendly, intelligent and respectful. On-site gym and cafeteria.

    Cons

    Many of your days are spent in meetings, many on "diversity" and "ethics" training. But, there's no formal work-related training in most departments. People are more interested in asking you about your weekend than asking if you need any help. I have many days where I have done very little, then I'm thrown into a task where I have no direction or idea of what I am to do. Many people have been in the same role for 15+ years and are unwilling to accept change that can benefit the dept. New hires can appear to be a threat, thus the lack of training, in my opinion.

    Advice to Management

    Take a good look at the contributions of those who have been in roles too long. Maybe it's time to bring in people with newer and better ideas. Because, many of them are just flying under the radar, doing very little and collecting a big fat check.


  2. Helpful (3)

    "Good at first, but it has been deteriorating over the past few years."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Manager, Actuarial in Newark, NJ
    Current Employee - Associate Manager, Actuarial in Newark, NJ
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Prudential full-time (More than 3 years)

    Pros

    1) Depending on your area, you have flexible hours. You can work from home from time to time. This comes in handy when you need to get the cable guy, or if you are expecting a delivery, or get sick and don't want to burn through your days off.
    2) Free parking if you don't commute by train or bus.

    Cons

    1) Headquartered in Newark, NJ, which is very, very dangerous. People get killed near by. There is gun violence on a regular basis in the near by areas. If you drive in, you have to worry about getting your car hijacked. If you take the train in, you have to worry about getting your valuables stolen by street thugs. If I knew Newark was so bad, I would not have applied here at all.
    2) The pay is consistently low versus the industry benchmark, that is, it is consistently at the far left of the bell-curve. If somehow your salary crosses over to the right of the mean for level and experience, they will adjust it the following year so you will move back to the low side.
    3) High level management sound like politicians during town halls. They make their decisions sound like great opportunities to leverage this or that, yet elicit no trust in staff. If you look through the numbers yourself, whenever their available, you can tell that they have only their own personal interests in mind.
    4) Morale has been decreasing ever since the new acquisition and restructuring.

    Advice to Management

    1) Give us truly competitive salaries, not ones that are two standard deviations to the left of the mean for our level and experience. Give us the bench-marked mean salary, or close to it.
    2) Be more transparent to your staff. We don't trust you because you seem sneaking.

There are newer employer reviews for Prudential
There are newer employer reviews for Prudential

See Most Recent

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