Putnam Associates - Putnam | Glassdoor
There are newer employer reviews for Putnam Associates
There are newer employer reviews for Putnam Associates

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"Putnam"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
No opinion of CEO

Pros

- low travel
- strategy focused projects

Cons

- no company growth
- limited upward mobility

Advice to Management

- expand company capabilities and types of casework
- communicate company vision to employees

Other Employee Reviews for Putnam Associates

  1. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Associate Consultant in Boston, MA
    Former Intern - Summer Associate Consultant in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Putnam Associates as an intern

    Pros

    - Significant responsibility, treated like first year associates
    - Everyone is extremely friendly, welcoming, and willing to help with anything
    - Interesting casework and direct access to partners/principles
    - Gym membership covered

    Cons

    - Things can occasionally be slow if a project is not busy as interns are single staffed, however they try to combat this by having an intern research project/presentation


  2. Helpful (2)

    "Work in Progress"

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

    I worked at Putnam Associates full-time

    Pros

    Interesting research. Little to no travel. Intense team-based work, two case system gives you broad experience in a short period of time. Great opportunities to manage teams already after two years. Great professional skill prep for grad-school or other research or professional services jobs. Partners are great.

    Cons

    1. Recently, employees have gotten into great graduate research programs, but have had trouble getting into top MBA programs.
    2. Competent managers are the exception not the norm. Many know how to do the basic work, but lack the most basic ability to manage. There are legacy employees that get by on past reputation and off-load responsibilities. This makes work chaotic and leads to less than ideal scenarios as people cover up the gaps.
    2. Training of new employees and managers is seriously lacking.
    3. No transparent review process. End of case reviews have little to do with promotions. Decisions are made by consensus in a manager meeting where the loudest voice prevails. Obviously doing okay work is critical to being the conversation, but if one managers really likes you, you get a promotion, one doesn't like you, wait a year. People that like you don't have strong voices? You worked for the wrong managers, wait a year. Can be demoralizing.
    4. No meaningful client interaction for most employees within the first two years.
    5. Managers with serious character flaws have been promoted because they can bring in clients.

    Advice to Management

    Focus more on fixing problems and less on the PR / vault ratings.

There are newer employer reviews for Putnam Associates
There are newer employer reviews for Putnam Associates

See Most Recent

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