Putnam Investments Reviews | Glassdoor

Putnam Investments Reviews

Updated April 14, 2017
190 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
Rating Trends Rating Trends
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Approve of CEO
Putnam Investments President, CEO and Trustee Robert L. (Bob) Reynolds
Robert L. (Bob) Reynolds
86 Ratings

190 Employee Reviews

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Pros
Cons
  • Low pay, lots of responsibilities (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. "Mutual Funds"

    Star Star Star Star Star
    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 .


  2. "Investor Service Rep"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Insurance Products Financial Representative in Boston, MA
    Former Employee - Insurance Products Financial Representative in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Putnam Investments (Less than a year)

    Pros

    Good Internship experience to go along with my education. I enjoyed the atmosphere and the management was good while i was there.

    Cons

    the work itself got so repetitive and the job was more of a customer service job than a financial job. I could not imagine making that position a career.


  3. "Egos at top drive the company"

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

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

    Pros

    Performance focused environment with personable professionals.

    Cons

    Tough financial constraints given inability to turn a material profit. Egos at the top create a inside and outside mentality among top managers.


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  5. "Depends on the position"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Representative in North Andover, MA
    Former Employee - Client Service Representative in North Andover, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Putnam Investments full-time (More than 3 years)

    Pros

    The benefits were good, okay pay, a lot of room for promotion. In-house cafeteria was convenient. They were generous with promotions.

    Cons

    Call quality for the call center was stringent. I found the work itself boring but to each his own. In the call center, calls would be reviewed and easily failed.


  6. "IT"

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

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

    Pros

    15 % match on 401k ok

    Cons

    Bad mgt not responsive to training

    Advice to Management

    Please assist in training promotion


  7. "Operations"

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

    I worked at Putnam Investments (More than 10 years)

    Pros

    Great work life balance. The work at home program was wonderful.
    Other than the medical plan their benefits are great.

    Cons

    Having tenure is not considered in any of the decisions. Very low morale and poor growth.


  8. "Great and Innovative"

    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
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Putnam Investments full-time

    Pros

    There's a real collaborative environment at the company. We consistently use state of the art technology and services. As management pushed us to adopt a formal agile development strategy they also provided training and coaching to us. Management invests in our careers and success.

    Cons

    Management does a good job of setting direction for us on projects and upcoming sprints and needs to spend more time giving us their long term view. It's unclear what the promotion path is.

    Advice to Management

    Take the time to give us your long term view of the industry and our division. Provide more transparency around the promotion process.


  9. "Technology Division is Chaos"

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

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

    Pros

    Small shop and lots to do so you will never be bored or waiting for the next thing. There is flexibility in your time, as long as you are putting in a lot of it.

    Cons

    Technology division doesn't have a clear vision.. and the unclear vision seems to read they are heading towards outsourcing most jobs to India. For the employees still there after multiple layoffs, it's a very chaotic and negative atmosphere, where hard work and positive results are still not enough.

    Advice to Management

    The lack of communication, direction, with concrete department goals causes uncertainty, chaos and a general stress vibe throughout the department. These things only work against having a highly productive and motivated team. Leadership is management by Ego ...


  10. Helpful (1)

    "IT Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Project Manager in Burlington, MA
    Former Employee - IT Project Manager in Burlington, MA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Putnam Investments (More than 10 years)

    Pros

    Advanced technology use, Friendly work environment

    Cons

    Growth opportunity minimal, too much politics


  11. "Marketing"

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

    I worked at Putnam Investments (More than 3 years)

    Pros

    The marketing communications department was a terrific group filled with extremely talented people who knew how to work together as a team and create great outcomes.

    Cons

    Many other groups operated in silos preventing a sharing of ideas across business units.



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