Putnam Investments Reviews | Glassdoor

Putnam Investments Reviews

Updated March 6, 2017
190 reviews

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190 Employee Reviews

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Pros
Cons
  • Low pay, lots of responsibilities (in 8 reviews)

  • More focused on costs than on interesting tech (mostly because of it's size and senior management I believe) (in 5 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great Family Company"

    Star Star Star Star Star
    • 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.


  2. "Good stuff"

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

    I worked at Putnam Investments full-time

    Pros

    One of the top investment management firms in the world. Top notch professionals in the industry. You are on the buyside so you can focus on actually research. Great culture, that can be a little too individualistic.

    Cons

    Didn't like Bob Reynolds, once he gave a speech that mistook Putnam for Fidelity. I guess it happens when the man has spent so long at Fidelity. The office is worn down. Parking is also expensive.

    Advice to Management

    Come up with a way to deal with more money moving to passive index funds. Have to deliver value for clients who are constantly seeking lower fees.


  3. Helpful (1)

    "Data Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Data Analyst I in Stoneham, MA
    Current Employee - Data Analyst I in Stoneham, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The work life environment from management is very well balanced.

    Cons

    The company is great, I just hit the glass ceiling in my current group.


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  5. Helpful (1)

    "quant analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at Putnam Investments full-time

    Pros

    good hours and talented people and nice group members. a lot of interesting projects are going on

    Cons

    salary is a little below average.

    Advice to Management

    nothing , keep doing well in the industry


  6. Helpful (1)

    "Great Place to Work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Team Leader in North Andover, MA
    Former Employee - Team Leader in North Andover, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Putnam Investments full-time (More than 5 years)

    Pros

    Profit Sharing was incredible. Tuition Reimbursement is generous. Generous paid vacation and holiday schedule.

    Cons

    Departments need to communicate better with eachother. Sometimes items would fall through the cracks.

    Advice to Management

    Keep up good work.


  7. "Solid Company"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Solid experience at Putnam. Lots of very motivated people doing good work. Great experience overall. Growth in assets should correlate with increased internal opportunities.

    Cons

    Hard to get things done without a great deal of patience. Groups can be somewhat siloed. Can be hard to make a move outside of your division. But possible if your willing to put yourself out there and are at the right place at the right time.

    Advice to Management

    Performers who don't get the recognition they want will find other ways to advance their career. Mid-level management should focus on letting direct reports excel. Micro-management isn't productive for anyone.


  8. "Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Boston, MA
    Former Employee - Project Manager in Boston, MA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Work from home flexibility, 401k profit sharing

    Cons

    Overly aggressive project deadlines, under staffed project teams


  9. "Developer"

    Star Star Star Star Star
    Former Employee - Senior Software Engineer Developer in Boston, MA
    Former Employee - Senior Software Engineer Developer in Boston, MA

    Pros

    Great benefits at this company

    Cons

    Old school mentality at this company

    Advice to Management

    none


  10. "Be ready to be assimilated. Fit in, play the game or be gone."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Lead in Lowell, MA
    Current Employee - Team Lead in Lowell, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Very nice people to work with although they all need to grow a pair and stand up for themselves.

    Cons

    Stress, anxiety, whining, complaining and micromanagement. Management talks in circles and wants employees to read between the lines. Nothing is approved the 1st, 2nd or even 3rd time. Management plays favorites regardless of performance. If you don't fit it, you will be managed out no matter how much progress you make. Middle management have all been there for years and are too afraid to be independent. Ego's and puppets. That's all there is. You will lose your job if the wrong person doesn't like you, If you accept a job here you are clinically insane.

    Advice to Management

    Grow a heart, You are ruining people lives, causing medical conditions, you mislead, deflect and have no general care for humanity. I can't wait to get out.


  11. Helpful (2)

    "Management needs training"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Charleston, SC
    Former Employee - Vice President in Charleston, SC

    I worked at Putnam Investments (More than 10 years)

    Pros

    Great benefits and salary - fun environment

    Cons

    Management is 'old style' - very much a boys club



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