Putnam Investments Reviews in Andover, MA | Glassdoor

Putnam Investments Andover Reviews

Updated May 23, 2017
48 reviews

Filter

Filter

Andover, MA

3.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds
Robert L. (Bob) Reynolds
25 Ratings

48 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Low pay seems to be the common theme among most groups under senior directors (in 8 reviews)

  • Call center feel, sometimes can feel like your treated like a child, and there is a lot of stupidity with strict rules (in 4 reviews)

More Pros and Cons

  1. "Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant II in Andover, MA
    Former Employee - Administrative Assistant II in Andover, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Putnam Investments full-time

    Pros

    Friendly atmosphere with friendly helpful people. Good vacation time. Great working hours.

    Cons

    Company is going down hill. Not a lot of new clients. Major layoffs in Novemeber 2016.


  2. "Mutual Funds"

    StarStarStarStarStar
    Former Employee - Research Specialist in Andover, MA
    Former Employee - Research Specialist in Andover, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Putnam Investments full-time (More than 10 years)

    Pros

    Atmosphere , people , training ,

    Cons

    Commute , Big company , Decline in business .

  3. "Database Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Andover, MA
    Current Employee - Anonymous Employee in Andover, MA
    Recommends
    Positive Outlook

    I have been working at Putnam Investments full-time (More than 10 years)

    Pros

    Been here over 20 years. All Pros. Good people to work with, good management, good benefits.

    Cons

    sometimes a little chaotic when many deliverables are needed at once. With good team, however, it can be managed and successful.

    Advice to Management

    nothing


  4. "Investor service rep"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Investor Service Representative in Andover, MA
    Former Intern - Investor Service Representative in Andover, MA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Putnam Investments as an intern (Less than a year)

    Pros

    Nice people and nice facilities
    Great managers
    Easy to get time off, management is understanding
    I really enjoyed my coworkers

    Cons

    Tough job to really enjoy
    Not a lot of time off the phones
    Micromanagement by higher ups
    Performance is very closely tracked


  5. "Investor Service Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Investor Service Representative in Andover, MA
    Current Intern - Investor Service Representative in Andover, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments as an intern (Less than a year)

    Pros

    Great company to work for, great experience, great people. The company is really going in the right direction

    Cons

    The pay is incomparable to other firms. Very poor

    Advice to Management

    Increase pay. Great company, but your losing a lot of good employees to other firms because you don't pay equally


  6. "RMA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Andover, MA
    Current Employee - Anonymous Employee in Andover, MA
    Recommends
    Neutral Outlook

    Pros

    Great people. Great benefits and pay

    Cons

    commute to work is tough

    Advice to Management

    keep up the good work


  7. Helpful (1)

    "Great Family Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Information Analyst in Andover, MA
    Current Employee - Product Information Analyst in Andover, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    They have great culture and are very Inclusive.

    Cons

    Low pay seems to be the common theme among most groups under senior directors.

  8. "csr"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Andover, MA
    Current Employee - Anonymous Employee in Andover, MA
    Doesn't Recommend
    Negative Outlook

    I have been working at Putnam Investments full-time

    Pros

    ok benefits but not the best

    Cons

    poor management, breaks many employment laws and has been caught and fined repeatedly, treats employees as expenses and not assets, considers bathroom breaks a benefit

    Advice to Management

    learn current employment laws


  9. Helpful (3)

    "Loved working there"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Representative in Andover, MA
    Former Employee - Client Service Representative in Andover, MA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Everything is great. Had a great time working there.

    Cons

    Wearing a professional wardrobe (like the guy below me) was such hard work. I wish Putnam was like other investment firms, and let people wear whatever they wanted. That way, when the clients walk through they'll see that this is a fun cool and hip place to work instead of a stuffy professional environment where you aren't allowed to wear jeans. I personally would rather have cool young kids handling my accounts than uptight professinals who take their jobs seriously.

    Advice to Management

    Let people wear whatever they rolled out of bed in. Not every owns a tie and slacks! It's really unreasonable that you're asking people to dress professionally when they enter a professional workplace.


  10. "Technical Coordinator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Coordinator in Andover, MA
    Current Employee - Technical Coordinator in Andover, MA
    Recommends
    Positive Outlook

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

    Pros

    Great benefits, good hours, good people/environment.

    Cons

    Pay isn't great and raises for promotional moves are not sufficient.

    Advice to Management

    If you want to keep good talent, you should find a way to increase salaries.


Showing 48 of 226 reviews
Reset Filters