Putnam Investments - Not the company it use to be | Glassdoor
There are newer employer reviews for Putnam Investments
There are newer employer reviews for Putnam Investments

See Most Recent

"Not the company it use to be"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Andover, MA
Current Employee - Anonymous Employee in Andover, MA
Doesn't Recommend
Approves of CEO

Pros

Hours of operation
People
Decent health benefits
Internal helpdesk
Parking

Cons

Lack of advancement
No raises
Pay not in line with industry
Perks such as tuition reimbursement, gift matching gone
Computer systems are falling apart

Advice to Management

Stop operating in crisis management, if you want to build the company back to where it was in the 90s you have to act like that's the plan, not take the stance of "be happy you have a job".

Other Employee Reviews for Putnam Investments

  1. "Politics politics politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Regional Marketing Assistant in Andover, MA
    Current Employee - Regional Marketing Assistant in Andover, MA
    Doesn't Recommend
    Approves of CEO

    Pros

    - EXCELLENT training program. Known within the community that you are building a solid sales foundation.
    - Great health benefits
    - Energetic sales force

    Cons

    - Politics dominate who gets promoted and when it happens... females are VERY rarely given the opportunity for better territories or wholesaling promotions.
    - They pulled tuition reimbursement across the board, with no notice.
    - Pay scale has been changed several times from what promised in the initial interview. Some levels of pay were not even mentioned as a possibility in the interview.
    - Not all management is practiced in the field, lack of experience.

    Advice to Management

    Recognize and reward the hardest workers and not those purely playing a game of ass kissing... or the guys that "look the part".


  2. Helpful (1)

    "For the most part my experience was positive."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Coordinator in Andover, MA
    Former Employee - Technical Coordinator in Andover, MA
    Disapproves of CEO

    Pros

    Great benefits, though they seem to be disappearing as the years go by. Good people to work with.

    Cons

    Some management do not treat everyone fairly. There is to much favoritism, sometimes it is undeserved. The atmosphere has turned away from the customer to towards internal competition. It makes employees step on others to make themselves look good.

    Advice to Management

    Change the competition atmosphere as it no longer focuses on the shareholders, brokers and the good of Putnam overall.

There are newer employer reviews for Putnam Investments
There are newer employer reviews for Putnam Investments

See Most Recent

Work at Putnam Investments? Share Your Experiences

Putnam Investments
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or