Putnam Investments Reviews | Glassdoor

Putnam Investments Reviews

Updated April 13, 2018
216 reviews

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3.6
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Approve of CEO
Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds
Robert L. (Bob) Reynolds
98 Ratings

216 Employee Reviews

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Pros
Cons
  • Low pay seems to be the common theme among most groups under senior directors (in 10 reviews)

  • low pay, software they use is out of date, limited room for growth (in 5 reviews)

More Pros and Cons

  1. "Equity Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    Positive Outlook

    I worked at Putnam Investments full-time

    Pros

    A genuinely fun job opportunity available to undergraduates. EAs get similar resources and travel as analysts and are given the latitude to be truly creative and entrepreneurial in their research process. Portfolio managers take EA recommendations seriously, and there was a demonstrated willingness to give us more responsibility; managers actively want to promote internally, so there is clear growth pathway for achievers. There is additionally a writing / presentation component to the role, so unlike some other finance roles, the program gave me significant opportunity to develop strong communication and presentation skills. Overall I think the program is a great place for someone to develop a well-rounded foundation for a long-term career in investing with room for internal promotion.

    Cons

    The role is very open-ended especially relative to most other roles in finance available to young people – mentorship, training, and guidance is definitely provided but this is not a position where someone will give you a syllabus/ to-do list every day. I think people should really consider if they are individuals who thrive in an unstructured environment.


  2. "IT"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Putnam Investments full-time

    Pros

    Role are nice, flexible schedule

    Cons

    Not transparent, no much direction. Outsource

  3. "Great company"

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

    I worked at Putnam Investments full-time

    Pros

    Agile process effectively implemented across all projects, always moving forward, and forward thinking

    Cons

    Not clear on UX value at the enterprise level


  4. "Great job"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great pay, nice people lots of opportunity for growth

    Cons

    Sometimes too busy with deadlines

    Advice to Management

    None


  5. "Equity Analyst"

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

    I have been working at Putnam Investments full-time

    Pros

    Very healthy culture, people enjoy each other

    Cons

    Limited opportunity for upward mobility


  6. "IT culture"

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

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

    Pros

    Technology is relatively advanced, there is some opportunity in learning.

    Cons

    Hired too many contractors, treated full time employees like contractors. Do not care career growth. IT support is a chaos, You are expected to be available at night or during weekends or holidays, and you don’t get credit for working extra hours.

    Advice to Management

    Cut spending in sponsorships and advertisements, pay attention to employee benefits.


  7. "Nice Company"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time (More than 3 years)

    Pros

    Kind and caring culture, management puts family first.

    Cons

    Pay is somewhat on the low side.

    Advice to Management

    Bring salaries up in line with the competition

  8. "Overall Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Analyst in Boston, MA
    Current Employee - Marketing Analyst in Boston, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good work, nice benefits, good work life balance

    Cons

    salary is not as good, hard to move up or move to another department


  9. "Manager"

    StarStarStarStarStar
    Current Employee - Manager
    Current Employee - Manager

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

    Pros

    Good opportunity for entry level graduates.

    Cons

    Flat organization. Not much room for a career path.


  10. "Retirements Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retirement Representative in Andover, MA
    Current Employee - Retirement Representative in Andover, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great work culture and management is very helpful

    Cons

    low pay, software they use is out of date, limited room for growth


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