Putnam Investments Reviews | Glassdoor

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Putnam Investments Reviews

Updated December 16, 2017
211 reviews

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3.5
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Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds
Robert L. (Bob) Reynolds
96 Ratings

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  • low pay, software they use is out of date, limited room for growth (in 5 reviews)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


  2. "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

  3. "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.


  4. "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


  5. "Layoffs are more frequent in recent years"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Putnam Investments full-time

    Pros

    opportunity was great to workfrom home

    Cons

    upward advancement in the operations group is minimal
    layoffs are more frequent under new management


  6. "client service rep"

    StarStarStarStarStar
    • Culture & Values
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    Pros

    lots of support from management

    Cons

    tough position being on the phone all day


  7. "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

    Excellent manager who supports development.

    Cons

    Limited opportunity due to small firm.

    Advice to Management

    Improve HR.

  8. "Training and Development Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Putnam Investments full-time

    Pros

    Benefits are fabulous, tough to beat.
    Generally, teams want to do a good job.
    Lots of turnover means that the quality of work will vary by team.

    Cons

    Lots of layers of management means there can be a lot of red tape when creative ideas are presented. Lots of pressure to put work before personal life. Managerial supports varies greatly.

    Advice to Management

    Manage new hires more closely than experienced team members. Feel free to share exemplary work with other managers and team members.


  9. Helpful (3)

    "Putnam Investments- A dogfight place for women to work"

    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

    I worked at Putnam Investments full-time

    Pros

    Compensates reasonably well, higly qualified staff

    Cons

    Little boys club- unprofesiosnal management. Meaning, need to learn the basics- set gols for employees and manage them to the goals. Not, hire and promote your gu friends with no actual goals or evaluations. Because you all just "get along."

    Advice to Management

    get a clue- hire some professional, well-educated women, and get acquainted with the wonderful world of professional women. Not stay-at home housewives like you have all chosen as the key females in your own lives.


  10. "Operations"

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

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

    Pros

    Competitive Benefits. Vacation Time increases with tenure. Flexible work to personal life balance. Cafeteria food. Job security. Very hard to get fired.

    Cons

    Low pay. No room for growth. Company hasn't had employee growth in 17 years. Multiple layoffs.

    Advice to Management

    Move on from actively managed funds. Need more Index and ETFs. Too much dead weight in lower and middle management.


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