TIAA - Identity Crisis - Not for profit that operates like a for-profit. | Glassdoor
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There are newer employer reviews for TIAA

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Helpful (1)

"Identity Crisis - Not for profit that operates like a for-profit."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Human Resources Business Partner in New York, NY
Former Employee - Human Resources Business Partner in New York, NY
Doesn't Recommend

Pros

Pension is like no other. The benefits are also competitive. Advancement is slow, but opportunities are there through the job posting system.

Cons

Churn and lack of consideration of knowledge of longer-service employees. Constant restructures every year since Herb Allison took over as CEO in 2001. New CEO now hopefully will recognize knowledge and experience of employees there more than 2 years.

Advice to Management

Stop the churn, let the dust settle. Also, reward your top performers with more cash and incentives than is being done. They say it is a pay for performance culture but there isn't much differentiation.

Other Employee Reviews for TIAA

  1. Helpful (2)

    "TIAA-CREF going through its pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    Pros

    Overall employees are friendly with each other, and the mission of the company is overall a great idea.

    Cons

    Upper management does not care about the amount of hours you have to put in and they are quick to let you go if you are not meeting their standards, no matter how ridiclious the goals are set.

    Advice to Management

    Please listen to the employees especially those in the front lines. Do not be quick to discredit someone only because their ideas does not fit within yours.


  2. Helpful (2)

    "A complete disconnect between Senior Management and the rest of the company. A Shoot the Messenger policy."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend

    Pros

    Benefits! The retirement benefits are great, and the vacation time is generous.

    Cons

    Senior management will not hear bad news. They have a policy of "Shoot the messenger", and as a result, no one is willing to be the messenger. This makes Senior Management completely in the dark about major issues that are common knowledge to the rank and file. There is a complete disconnect between Senior Management and the rest of the company,

    Advice to Management

    Spend the time to do some investigation yourselves. Develop an atmosphere where people can provide honest feedback. This will actually serve you in the long run, and you will not be blindsided by problems when the blow up, as has been the case in resent years.

There are newer employer reviews for TIAA
There are newer employer reviews for TIAA

See Most Recent

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