Putnam Investments Reviews | Glassdoor

Putnam Investments Reviews

Updated August 19, 2018
220 reviews

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3.4
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Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds
Robert L. (Bob) Reynolds
100 Ratings

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  • "low pay, software they use is out of date, limited room for growth" (in 5 reviews)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

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

    I worked at Putnam Investments full-time

    Pros

    Great team members
    Great managers
    Great Atmosphere

    Cons

    Stressful during tax season but manageable
    On a leash when it comes to logging in, taking breaks, and taking lunch. If you're over 2 minutes late they mark you for it.


  2. "Data Analyst"

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

    I have been working at Putnam Investments full-time (More than 8 years)

    Pros

    Flexible schedule, nice coworkers, nice office

    Cons

    location wasn't great in bad weather

    Advice to Management

    None

  3. "Struggling small sized active asset manager."

    StarStarStarStarStar
    • 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 Putnam Investments full-time (More than 10 years)

    Pros

    Startup like atmosphere (except old school formal dress code) with very small teams gives opportunities to driven self learners.

    Cons

    Declining active management fees, shift of assets to passive management and declining budgets have made it difficult for Putnam to compete with the mega asset managers with10x. Little to no career counseling or, mentorship with an accelerating exodus in executive, senior & mid management ranks. Ever declining budgets have prevented salary growth or, training opportunities.

    Advice to Management

    Sports marketing costs should be curtailed. All the budgetary constraints that do not allow for standard industry perks & bonuses are impacting employee morale.


  4. "Internal Wholesaler"

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

    Pros

    Good comp, good people, learned a lot

    Cons

    have to hit stats each day


  5. "long hours good pay"

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

    I worked at Putnam Investments full-time

    Pros

    Good pay and health benefits

    Cons

    Long hours and pressure to meet deadlines.


  6. "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


  7. "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

  8. "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


  9. "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


  10. "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.


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