Pioneer Investment Management Reviews | Glassdoor

Pioneer Investment Management Reviews

Updated January 22, 2017
46 reviews

Filter

Filter

Full-time Part-time

3.1
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Daniel K. (Dan) Kingsbury
15 Ratings

46 Employee Reviews

Sort: Popular Rating Date

  1. "Good environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook

    Pros

    Mutual respect overall, clear responsibilities.

    Cons

    Difficult to get promoted. Few job training.


  2. "Great location in the heart of Boston"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Pioneer Investment Management full-time (More than 3 years)

    Pros

    Located in Fanieul Hall, large company with opportunities for growth

    Cons

    I wasn't interested in the mutual fund industry so my experience as an administrative professional was skewed.

    Advice to Management

    Don't make it all about the money. Find a way to connect to the employees better.


  3. Helpful (1)

    "Challenging environment"

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

    I worked at Pioneer Investment Management (More than 5 years)

    Pros

    Colleagues were great, enjoyed the people

    Cons

    Executive management was not great

    Advice to Management

    Out with the old...


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


  5. Helpful (3)

    "Vice president"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Boston, MA
    Current Employee - Vice President in Boston, MA
    Doesn't Recommend
    Negative Outlook

    I have been working at Pioneer Investment Management full-time (More than 10 years)

    Pros

    Flat organization, decent time off/vacation package, relaxed work environment, health benefits are good but less than they used to be

    Cons

    Management has no clear strategy, no career planning and few career opportunities, salary+bonus is mediocre for industry, no real incentive package, difference in pay between top performer and muddler can be minimal


  6. "Good not Great"

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

    I have been working at Pioneer Investment Management full-time (More than 3 years)

    Pros

    It is a well-established company. They've been around a long time, so there's security in that.

    Cons

    Certain areas of the company are highly valued and compensated accordingly. However, if you don't work in those areas, it is clear you are not as valued.

    Advice to Management

    Compensate people based on performance.


  7. Helpful (2)

    "No respect for employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Specialist in Boston, MA
    Current Employee - IT Specialist in Boston, MA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Pioneer Investment Management full-time (More than a year)

    Pros

    It's a job. I would not recommend working there.

    Cons

    Poor management, projects are mismanaged or not managed at all. Pay is terrible. They will hire you with one agreement and THEN renege on that agreement. Bonuses are terrible. They spout words, but there is nothing behind those words.

    Advice to Management

    Stop lying to employees. Reward the employees that work hard. Learn to manage.


  8. Helpful (7)

    "What a mess!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend

    Pros

    Benefits were good, pay was competitive and my co-workers were friendly and generally cared about each other. A great place to launch your career to gain experience, but anyone with more that 5+ years experience should avoid working here.

    Cons

    VERY low morale due to a complete change in the senior management team. Departments operate in silos and have idea how the work they are doing impacts other departments and the company as a whole. Lack of communication between departments, and from the senior management team, makes it a frustrating and inefficient workplace. A lot of finger pointing at the mid-manager level which leads to a "cover your butt" atmosphere.

    Advice to Management

    Communicate!


  9. Helpful (8)

    "Used to be a good company - new management challenging."

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in East Boston, MA
    Former Employee - Contractor in East Boston, MA

    I worked at Pioneer Investment Management (More than 10 years)

    Pros

    Was an awesome place to work, benefits and people. Most 12+ employees terminated due to re-org.

    Cons

    work life balance not supported, no loyalty to long term employees, very much only bottom line.


  10. "Pioneer investments is a great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Manager in Boston, MA
    Current Employee - IT Manager in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Pioneer Investment Management full-time

    Pros

    The company is a wide breath of benefits.
    Pioneer is a strong fixed income shop that is becoming a major player globally.

    Cons

    The parent company, Unicredit has a lot of influence and prefers to keep cost low.

    The merger with Santander Asset Manager and the private equity's leaves many questions open about the direction of the company.

    Advice to Management

    Work to create successful products and keep up with market trends while continuing to build on the strong fixed income products.


  11. "Client Service Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mutual Fund Representative in Boston, MA
    Former Employee - Mutual Fund Representative in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Pioneer Investment Management full-time (Less than a year)

    Pros

    --Great Training program
    --Excellent systems used to process and review client information
    --Management+HR always available to assist and answer questions
    --Company truly invests in everybody who is hired

    Cons

    --Little immediate reward for doing well in this role, and since it can be difficult to move up in company, this can be somewhat disheartening and unexciting
    --No flexibility on calls when providing customer support (Very scripted, almost robotic)
    --Hours exceptionally long for draining work on busy days
    --Team-building and bonding exercises were more miss-than-hit

    Advice to Management

    You're doing the most with what you can, and are very understanding of all the sentiments of the CSR department, so no real practical advice to give.


Showing 46 of 50 reviews
Reset Filters