TIAA-CREF...we get it half right. - Analyst TIAA Employee Review

2.0
Aug 21, 2008
Recommend
CEO approval
Business Outlook

Pros

Depending on your age, TIAA-CREF automatically contributes between 10-18% of your base salary to a retirement plan after 6 months of service. The campus in Charlotte is beautifully landscaped and a relaxing place to take your lunch or break.

Cons

Layoffs. About 175 employees were laid off in Charlotte so far in August alone. Many of those former employees were key players and now there is no succession plan to fill those huge gaps that were created by the layoffs. This is not the first time that management has taken action before fully thinking about the consequences.

Explore other reviews about TIAA

5.0
Jun 25, 2026
Recommend
CEO approval
Business Outlook

Pros

Great opportunities for growth and supporting management

Cons

There is nothing to love about TIAA!

2.0
Jul 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Good starting salary and benefits package.

Cons

The longer you’re there, the more of an expectation that you work more for the same or less income. Producers find it hard to justify staying when leadership keeps moving the goal posts on how to increase income. No rhyme or reason as to how they decide “promotions.” One advisor might have one good year and get promoted over an advisor that produces year in and year out. They fail to share revenue because they’d have a hard time justifying the income level compared to outside advisors with a fraction of the book size. They claim and depend on brand recognition to justify a capped income but fail, or just won’t admit that is why they keep losing their top talent. Operations is a nightmare that I can’t even begin to describe. When I share the processes that have been in place for over a decade, colleagues in the industry shake their head and laugh. They can’t believe we earn and keep business. The saying while I was there was “the biggest threat we face is that TIAA clients start to explore their options outside of TIAA.”

See reviews by: Helpful|Rating|Date|All