Invesco Reviews | Glassdoor

Invesco Reviews

Updated June 16, 2017
37 reviews

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Invesco President, CEO, and Director Marty Flanagan
Marty Flanagan
19 Ratings

37 Employee Reviews

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Pros
Cons
  • Hard to move up since company hires a lot of external candidates (in 9 reviews)

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More Pros and Cons

  1. "IRE-Dallas"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dallas, TX
    Former Employee - Anonymous Employee in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Invesco full-time (Less than a year)

    Pros

    Rank & file employees are for the most part are sincere, good, hard-working folks.

    Cons

    Senior management only focused on selves, controlling costs and reducing expenses.

    Advice to Management

    Don't tell us that our people are our most important resource and then not be competitive with regards to compensation, benefits, training, or career advancement. Laying off senior employees and replacing them with junior employees might help reduce expenses but actually hurts overall productivity.


  2. Helpful (1)

    "Sales Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Sales Consultant in Houston, TX
    Former Employee - Internal Sales Consultant in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    The people were nice.

    Cons

    Financial acumen of internal sales managers was slim to none. Most had just been at the company for a long time in ops and had no sales experience. They didn't seem to actively try and learn the products the desk was supposed to sell and more concerned about call metrics than productive sales calls.

    Advice to Management

    Make sales managers more accountable. They are doing enough to get by instead of trying to move the company/team forward.

  3. Helpful (5)

    "Financial Systems"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Systems in Atlanta, GA
    Former Employee - Financial Systems in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Invesco full-time (More than 8 years)

    Pros

    When it comes to Finance, CFO is a great guy, cares and interacts with the people.
    401k matches up to 6%
    Lots of genuine people at the ground level, people who care and love their job

    Cons

    They recently, and still are reorganizing, if you are thinking about jointing Incesco in the 'GBS' area, move on.
    Its friendship politics to the highest level, mentality of 'I dont get paid to be your friend'.
    Many layoffs, people who worked there for over 20 years, still they claim 'People are tghe foundation to our success'
    E-ve-ry-thing is moving to India, contractors hired in perm positions are being laid off not even a year after.
    This company used to be the real deal, now its just a corporate meat eating grinder. Dont be suprised that because of all the friends politics that your colleague who just joined gets double the bonus as you do and earns 40k more. Loyalty means absolutely nothing for the finance aka GBS department.
    Try it out but stay away as far as you can fron GBS / finance.

    Advice to Management

    Disconnect between CFO and head of GBS, is amazing to me that a person like that is still in a management position after destroying corp accounting. Do a survey, listen to your employees, many are scared to speak up.
    Also, there is a STRONG preference for females in GBS, you woulf almost have a case for gender discrimination. 90% female.
    My rating is based on my experience with GBS, otherwise solid company.


  4. Helpful (10)

    "Invesco a good company with a TOXIC IT Dept"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst/Project Manager in Atlanta, GA
    Former Employee - Senior Business Analyst/Project Manager in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Invesco full-time (More than 3 years)

    Pros

    Outside of IT Invesco has:
    Nice people
    Clear business strategy
    Pleasant work environment
    Good benefits

    I highly recommend Invesco for non IT careers. My ratings are only on the IT group.

    Cons

    The IT dept is controlled by a group of (mostly Texas A&M) "Christians". When they aren't praying, using business trips to India as an excuse for missionary work or passing judgement on everyone else, they work to stifle all innovation and waste millions of dollars on obsolete architecture projects.

    This middle management mafia tells executive management that they have adopted Lean and Agile methods but it's a joke. Useless training classes and ridiculous Rapid Improvement Events are all that are offered. Any real attempts to execute Lean/Agile ideas are snuffed out and "agile teams" are not empowered to make decisions or realistically plan their work. The CI team seems to be a another scam that exists to show senior management they are "innovative".

    Anyone who attempts to introduce new ideas or push back on antiquated processes is labeled a trouble maker and ultimately these people leave in frustration.

    Women are second class citizens, a review of the org chart will show only a handful of women in management roles and absolutely zero women on the IT Leadership team.

    Advice to Management

    To Mr. Flanagan and Mr. Meadows, Invesco is a great company except for the middle management tier in IT which is a cancer that needs to be cut out.

    Root out the Houston-based old boy network.

    Get rid of the lackeys in charge of the Lean/Agile COEs, hire some real Lean- Agilists, empower them to implement real change and empower teams to make decisions.

    Make IT management accountable for their poor decisions, unprofessional behavior and favoritism.


  5. Helpful (4)

    "Good entry-level company, but go elsewhere for LT growth"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Senior Dealer Services Representative in Houston, TX
    Former Employee - Senior Dealer Services Representative in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Invesco (More than 5 years)

    Pros

    -- Good entry-level company to work at for recent college graduates or for individuals changing into a Finance career path
    -- Opportunity to earn NASD licenses and also obtain other industry-related training on soft skills and financial products and services
    - Strong emphasis on having a good work/life balance. Entering employees start out with three weeks of vacation and can roll over 20 vacation days a year (at least when I was there). Also, at least when I was there, benefits were affordable with a large network of providers.
    - A few good managers that are fair with raises and are able to mentor and give good advice to their associates

    Cons

    - Many politics and cliques in this company, which you'll notice after you've been there for at least six months. Behind all the smiling faces welcoming you to the company and telling you that you can always come to them for help is tremendous backstabbing and unprofessional behavior. Some departments honestly feel like high school all over again.
    - Management always spends time talking of plans to help associates grow in their career paths, but for the most part, only care about themselves. Lots of talk, but not much real action. This isn't true for all managers, but probably the majority of them.
    - Related to the above point, promotions are not very common here and are generally politically inclined. In other words, they're based more on favoritism instead of merit. If you ask for feedback as to why you didn't obtain a position, you'll usually receive an evasive generic response such as "We found someone who was a better fit".
    - If you have a college degree from a second or first tier school, you'll be frustrated having to work with a good number of the managers here who are just high school, community college, or third/fourth tier college graduates. Their thinking process amongst management is outdated and inefficient, but many house inferiority complexes to their more intelligent associates.
    - The smart people who start working here leave after two to three years, obtaining needed experience and licenses, to get better paying jobs at other financial institutions or at Oil and gas companies. That leaves the company with mediocre employees who later go on to become mediocre or below average managers. Get the picture?

    Advice to Management

    Try to look at the bigger picture and be more inclusive of all employees to help the company grow. We're all on the same team. Hiring more educated and cosmopolitan employees will only help the bottom line, not hurt it.


  6. Helpful (3)

    "Stay away from toxic IT department"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Houston, TX
    Former Employee - Associate in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good training budget. Decent benefits.

    Cons

    Invesco's philosophy is to squeeze every drop out of their employees while paying them way below industry average. They rely on off shoring as a way to maximize profit, yet that never trickles down to its poor IT employees. They also use of shoring as a control mechanism for their employees, constantly threatening them and reminding them that they can be outsourced. This is a terrible company, unless you work in their Indian office.

    Advice to Management

    Learn the meaning of loyalty.


  7. Helpful (2)

    "The worst employer ever"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Team Lead in Houston, TX
    Former Employee - IT Team Lead in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Invesco full-time (More than 3 years)

    Pros

    Recruiter for Invezco is nice

    Cons

    Management in UK is only worried about other UK nationals. Bad environment and HR will not help even when you have legit complaint about UK management

    Advice to Management

    Bring management back to yout base in US.

  8. Helpful (2)

    "Not a place that encourages employees to excel. Those who don't do, get ahead."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Houston, TX
    Former Employee - Analyst in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The benefits are OK. If you're hourly, they don't expect you to work much overtime. Some of the people are really great.

    Cons

    Very 'lord of the flies' culture. Eat or be eaten. Management allows behavior that wouldn't fly at other companies. Not much in the way of innovation and if you do speak up, if it's not what the boss wanted to hear, it's nixed and so are you.

    Advice to Management

    Look below your management level. If you did, you'd see some things aren't working and others are exposing you to a lot of potential legal issues. Stop coddling those who don't do the work and penalizing those who do.


  9. Helpful (3)

    "My working at INVESCO"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Analyst/Project Manager in Houston, TX
    Current Employee - Senior Business Analyst/Project Manager in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Invesco full-time (More than a year)

    Pros

    A good place to get a paycheck

    Cons

    The place has veterans that make decision and cannot accept change.

    Advice to Management

    management need to work on work life balance for their employees.


  10. Helpful (2)

    "Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Analyst/Project Manager in Houston, TX
    Former Employee - Senior Business Analyst/Project Manager in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Invesco full-time (More than 3 years)

    Pros

    Good place to start a career, the management does not have a plan or stucture on what need to be done.

    Cons

    Management does not care, they change employee job titles even without telling the employees. This is especially the Digital Marketing Departing.

    Advice to Management

    Management need to Involve employees in their decision. They need to care for it's employees and promote from inside the company. Regular updates from management on what is happening will greatly be appreciated by the company employees who are one of the major assests that the company owns.


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