Oaktree Capital Management Reviews

Pros

Great health benefits (incl free lunch), competitive compensation, collaborative environment, and interesting / intellectually challenging work. Senior leadership is very focused on delivering for our clients and ensuring a positive employee experience.

Cons

There are none that come to mind

Pros

Access to meals, office supplies as needed etc. Access to the IT department, although most of it was in India

Cons

I have been wanting to write this review for years now. I worked under two older white women in the HR department who “job shared”. They made some sort of agreement many years ago to receive work life balance for their kids, which ironically they deny to anyone else. These women constantly took credit for my work there. I would produce documents and reports and they would write their names on them and present them to the CEO as if they were their own. They were particularly ageist to any female admin younger like myself and never promoted any administrative assistants, only overworked them without any care for their mental health or taking breaks/time for self care. Their HR department has a huge turnover rate for admins. These women honestly disgust me and to this day, I still think about how evil they were. It’s sad to me women would treat other women this way, especially older women who should take on a mentoring role.

Pros

Known has one of the top tier asset management firms.

Cons

Below market pay in NY

Pros

Oaktree has Good benefit in general

Cons

There is too much politics to get promoted and too much fluffy acts needed to self promote in order to get recognition

Pros

Culture is good at this company

Cons

Management isn't as loyal to employees

Pros

-Decent benefits, great in-office catering on certain days -World class investment manager and you'll work and meet brilliant people -Fantastic EOY holiday parties/gifts -Comp was in-line with other top alt managers but not great over time. Another review stated that Oaktree has generous compensation if we were still in the 2000s/early 2010s - agreed -On surface, highly buttoned-up corporate culture

Cons

-Slow to change, process-oriented vs results-oriented -Not focused on results that are best for internal/external constituents but rather, on creating risk-averse processes -Backstabbing/lack of ownership and at times publicly rude managerial class - Many in senior roles have been with OAK for 10-25+ years who are highly compensated. This has led to a senior managerial posse that's territorial, adversarial, and resistant. The staleness up top leaves little room for ambitious underlings to advance. -Work for the sake of work (focused on minute irrelevant details vs velocity and focusing on outcomes that matter) leading to..... - Classic finance burnout culture

Pros

smart colleagues and collaborative environment

Cons

slow to promote and give raises

Pros

Surrounded by ambitious, smart, driven people

Cons

No major downsides; aggressive pace of efforts standard to this industry

Pros

Competitive Pay and can have room for professional advancement, depending on department

Cons

Toxic culture, HR overlooks poor behavior from investment side due to financial prospects.

Pros

high pay, but poor work environment

Cons

no pay increase after a year no performance review. You only get 6 days off out of the entire year and yes that includes sick days. They constantly lie to you and post your job on indeed to scare you.