National Equity Fund Inc. Reviews | Glassdoor

National Equity Fund Inc. Reviews

14 reviews

Filter

Filter

Full-time Part-time

3.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Joseph S Hagan
7 Ratings

14 Employee Reviews

Sort: Popular Rating Date

  1. "Amazing Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at National Equity Fund Inc. full-time (More than 5 years)

    Pros

    Great work environment. The best benefit package. Lots of vacation time. Competitive compensation. Office location is very convenient.

    Cons

    Very cliquey. Although multiple departments are located in a small vicinity, they rarely communicate to each other.

    Advice to Management

    Have more company wide team building activities.


  2. "Asset Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    I worked at National Equity Fund Inc. full-time (More than 5 years)

    Pros

    Great vacation benefits. Excellent office space. Office Morale is generally upbeat and motivating.

    Cons

    Some of the management was given based on favortism not merit. Further, the "favorite" managers were allowed to act however they wanted. No consequences.

    Advice to Management

    Make sure the people that are promoted deserve the promotion through merit as well as seniority.


  3. "Cult of personality"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager
    Former Employee - Manager
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at National Equity Fund Inc. full-time (More than 5 years)

    Pros

    Decent benefits including many vacation days and paid holidays. The average employee believes in the cause of affordable housing..

    Cons

    Small inner circle runs company and dictates to employees . Everyone else is a Peon. Upper management is paid very well while everyone else is poorly compensated. Employee input is neither solicited nor valued. Very little promotion from within which creates low employee morale. A plethora of incompetency at the upper management level.

    Advice to Management

    Start respecting employees opinions. Compensate those employees not in the inner circle more fairly. More promotion from within, would serve to improve employee morale


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "NEF"

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

    I worked at National Equity Fund Inc. full-time (More than 3 years)

    Pros

    As a Not-For-Profit the benefits were excellent. Health, vacation, sick/personal time and holidays off, but not financial compensation. Culture definitely inspired work-life balance. Several team building activities and events.

    Cons

    This is definitely a top heavy environment. Several SVPs who have been there forever or who were recruited through personal relationships. Very little chance for personal growth or advancement unless you were on the "right" team.. Very clickish, even among the Senior Management. Open office plan was suppose to demonstrate the accessibility of management, it did not. It was also suppose to demonstrate that everyone was "equal" in the operations of the company, again it did not. The not-for-profit status of the company was used as a way out for not compensating their employees vs. other firms that perform the same function, unless you were part of senior management.


  6. "The Haves and the Have-Nots"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at National Equity Fund Inc. full-time (More than 3 years)

    Pros

    Lots of autonomy, great hours (9 to 5), manageable workload, great benefits including 401k match, 4 weeks vacation, travel (for some), great downtown Chicago location.

    Cons

    The salaries for those not in the inner circle are below what similar positions elsewhere pay. The company justifies this by pointing out the fact that they are "non-profit". The only ones who are non-profit are those who are not in the innner circle. Upper management are paid like for-profit investment bankers. Check Guidestar.com for upper management salaries.

    Advice to Management

    Level the income disparity! Employees will inevitably become disgruntled when upper management salaries are discovered and the inequity becomes apparent.


  7. "asset analyst"

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

    I worked at National Equity Fund Inc. full-time (More than 5 years)

    Pros

    the benefits are very good, some of the co workers are good team leaders and players.

    Cons

    too top heavy, too many chiefs and not enough workers, the workers are not promoted to higher position within the company. Meaning no majorities are promoted to VP positions.


  8. "Very, Very Political Company"

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

    I worked at National Equity Fund Inc. full-time (More than 8 years)

    Pros

    Good vacation and sick benefits. The 401K is competitive.

    Cons

    Knowledge and work ethic are not recognized. One must become part of the inner circle to survive. Professional and competent people who may present their expertise verbally or in writing likely will be criticized. Sr Management consistently targets the outsiders so one is dammed if you do and dammed if you don't.

    Advice to Management

    Change to corporate definition of a team player from a yes person. Recognize each departments contributions equally. Too top heavy with officer titles and compensation, especially for the number of reporting employees. Many Sr VPs have one to three direct reports. VPs have no direct reports or two to four. Titles should not generate exceptional compensation for with very limited overall corporate accountabilities/contributions.


  9. "Not a great company culture, but decent hours and pay."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good benefits, decent pay scale.

    Cons

    NEF has a secretive culture and is not that friendly

    Advice to Management

    Be more open


  10. "Great company...if you are a VP or higher"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    Pros

    The Company is truly committed to increasing the availability of affordable housing. Coming from a profit driven career, the idea that I am helping people is refreshing and motivatingmotivating. Benefits are also good. 4 weeks vacation + Personal days for alll employees

    Cons

    The pay could (should) be better. There is an unusually large disparity in pay between senior management and everyone else, including mid level managers. This is surprising given we are a non-profit. Certain departments can be caddy and unprofessional.

    Advice to Management

    Address compensation issues. Also, titles and promotions are a great way to motivate people who work hard (even if it does not come with a large pay increase). Find ways to reward employees even in difficult times.


  11. "NEF a great starting job but nothing for a career...."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Acquisitions Analyst in Chicago, IL
    Former Employee - Acquisitions Analyst in Chicago, IL

    Pros

    Vacation, Sick, and Personal days were great. 5+ weeks vacation and personal just starting day one on the job. The 401K match is great too after staying there for a 1 or 2. Non-profit likes to party it up a bit and have a good time. Very basic 9-5 job but really doesnt challenge as much as it should for most not involved in the acquistiions or investments side of things.

    Cons

    Poorly paying company. I realize non-profit but come on. Very bottle necked organization to get any investment ideas through it floats through 2 people. Political and a many unprofessional acting employees.

    Advice to Management

    Tighten up the ship as far as professionalism around the office, end the political bs, and try to pay your lower end employees a little better.



Showing 14 of 15 reviews
Reset Filters