Perpetual Reviews | Glassdoor

Perpetual Reviews

Updated October 13, 2017
27 reviews

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3.2
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Geoff Lloyd
13 Ratings

27 Employee Reviews

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  1. "Respectable brand and history"

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

    I have been working at Perpetual full-time (More than 5 years)

    Pros

    Contribution leave, Work-Life balance, Location, Internal cafe, Corporate events, Study support, Mentoring

    Cons

    Management structure, Lack of opportunities,
    Old clunky systems, Silo mentality


  2. "Bad culture to safety"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Field Safet Tech in Viking, AB (Canada)
    Former Employee - Field Safet Tech in Viking, AB (Canada)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Pay was good my former supervisor was excellent

    Cons

    Poorly run company culture was point finger blame. Also to many threats about losing your job if you did not follow managements visioj even though it was something you were not competent in doing

    Advice to Management

    Listen to the workers be more open to all employees not so much focussed on one persons vision

  3. "Data entry"

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

    I have been working at Perpetual full-time

    Pros

    Good working environment, good salary

    Cons

    None shortcoming for the perpetual

    Advice to Management

    None


  4. "Great company lost its way a bit"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    great brand and strong mission

    Cons

    culture has been eroded over time

    Advice to Management

    back to basics, avoid the politics, no more infighting


  5. Helpful (1)

    "Work Life balance, but nothing else."

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

    I worked at Perpetual full-time

    Pros

    Relaxed and friendly work culture
    Good work hours
    Suitable for people looking at taking a step back from their career

    Cons

    Limited career development
    Low Salary
    Reactive rather than Proactive management
    Limited of Innovation
    Stuck in the glory days and living out the legacy


  6. "Great company culture but little room for progression"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Sydney (Australia)
    Current Employee - Manager in Sydney (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Perpetual full-time (More than 5 years)

    Pros

    Encourge work/life balance with flexible working hours, great company culture, excellent remuneration package including base and bonus (better than big 4 commercial banks), key focus on staff engagement survey and great employee benefits (e.g. One week paid additional annual leave per year, discounts for company/banking products and other main retailed shops across Australia, 12 weeks paid maternity and/or paternity leave, carer leave, progressive increase of superannuation to 12.5% in addition to salary (at the moment it is 10.5% and will increase by 0.5% every September until it reaches to 12.5%), & employee share scheme etc.

    Cons

    Lack of career progression though you may or may not get an annual pay raise. It depends on your pay scale, they aim to target people at the middle range of the scale compared to the market. If people pay towards the top range, they will get a decent bonus instead of an annual pay raise. Politics and favourism can be seen every where in this company, sometimes they overvalue resume experience rather than actual performance.

    Advice to Management

    Be more innovative in products and be acceptable to what Australians want the company to have instead of following traditional business operating model.


  7. "Low Pay, poor growth opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Services in Sydney (Australia)
    Former Employee - Client Services in Sydney (Australia)
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Perpetual full-time (More than a year)

    Pros

    If you have kids the company will bend over backward to accommodate you. CBD location is great. Reasonable working hours. Made good friends. Good brand recognition.

    Cons

    (Note: Perpetual Investments division of the company). Lower than market pay with little opportunity to grow. They don't reward loyalty and tend to hire externally rather than promote from within. There is a lack of innovation. Middle management lack skill and knowledge. The company charges high fees but has been performing below the market. It's hard to see how it will grow with such a small amount of staff and a lack of innovation. There has been a high staff turnover particularly among senior management, and those who are left seem to bicker rather than lead.

    Advice to Management

    The company is stagnating when it should be growing. Hire more people to sell and promote the products, invest in new technology and stop making it so difficult for people to invest their money.

  8. Helpful (2)

    "Leaving was liberating"

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

    Pros

    Not possible to name any.

    Cons

    Awful culture. Arrogance & rudeness abound. Lots of bullying. Poor leadership & management. Unjustified superiority complex throughout the organization.

    Advice to Management

    The senior leaders need to change to improve this organization.


  9. "Senior advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Advisor
    Former Employee - Senior Advisor
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good work life balance is encouraged and work from home provides flexibility.

    Cons

    Lack of clear leadership is forcing talented people to leave the organisation

    Advice to Management

    Leadership is lacking


  10. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    I have been working at Perpetual full-time

    Pros

    Challenging and stimulating environment at one of the country's leading fund managers.

    Cons

    Nothing meaningful to think of.


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