TIAA "work life balance" Reviews | Glassdoor

TIAA Employee Reviews about "work life balance"

Updated Dec 5, 2019

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3.1
46%
Recommend to a Friend
72%
Approve of CEO
TIAA President & CEO Roger Ferguson
Roger Ferguson
1,037 Ratings
Pros
  • "Good culture, great benefits and work life balance(in 177 reviews)

  • "TIAA's work life balance is set well and so one is not overwhelmed at all times(in 147 reviews)

Cons
More Pros and Cons

Reviews about "work life balance"

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  1. Featured Review
    Helpful (2)

    "Love this place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Developer in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TIAA full-time for more than 3 years

    Pros

    Benefits, Work-life balance, campus is great

    Cons

    Work stations may be outdated

    Advice to Management

    Keep being supportive of young talent

    TIAA2019-07-26
  2. Helpful (1)

    "CA"

    StarStarStarStarStar
    Current Employee - Communications Analyst 

    I have been working at TIAA full-time for more than 5 years

    Pros

    Flexibility Work Life Balance

    Cons

    Removal of TWS program in 2019

    TIAA2019-09-17
  3. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Director in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at TIAA full-time for more than 10 years

    Pros

    Benefits, work life balance, compensation

    Cons

    Red tape, slow to change

    TIAA2019-12-05
  4. Helpful (6)

    "Client Relationship Consultant- Micromanaged and dead end job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Client Relationship Consultant- Wealth Management in New York, NY
    Negative Outlook
    No opinion of CEO

    I have been working at TIAA full-time for more than a year

    Pros

    Work life balance. Plenty of down time to study and learn other things.

    Cons

    No salary increases even if you’re a top performer, they require you to sit in a role for over 3 years to even be considered for a promotion which will only get you a $1-2k salary increase. The bonus structure is below industry norm for roles that are not executive level. Management is not transparent and is at another level of micromanaging. They require you to get rated off of score card metrics based on what... you enter into the system. It’s a completely inaccurate way to measure someone’s performance as many are known to falsely enter things into the system. Not an environment for someone that is ambitious and wants to grow. This is the perfect environment for the slacker who just wants to clock in and clock out and not work with smart people or be challenged whatsoever. The role is basically a licensed telemarketer. They want you calling people to set appointments. That’s it.

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    Advice to Management

    Have a career development plan in place for the ambitious. Provide fair annual salary increases of at least 5% like all other firms, allow for promotion prior to 3 years in the seat. Stop playing favorites with the score card. Someone that is red across the board shouldn’t get a full bonus and then someone that’s green across the board get 50%. This review is coming from someone in good standing and a top performer.... You will not retain great talent by continuing to be subpar. Lastly allow for easy transition between TIAA and nuveen for those that want to get into asset management.

    Show More
    TIAA2019-11-06
  5. Helpful (8)

    "meh, and sinking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Compliance Officer 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at TIAA full-time for more than 8 years

    Pros

    Work-life balance, which means that if you mentally check-out for a month or year, nobody will notice.

    Cons

    Promotions are based on favoritism and heavily influenced by geographic location. Systems are poorly designed and there is little evidence of end-to-end process thinking. Recent changes like canceling "work from home" or changing paid-time-off policies all point to a degrading employee value proposition. As the good people who have better options depart, the downward spiraling of morale and collective skills... will accelerate.

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    Advice to Management

    If you are one of the good ones: split the company into smaller operating units with P&L aware leadership that creates incentives for employees at all levels. Open book management can save this bloated beast. Others: retire. You can espouse mediocrity on your own time, no need to drag others into yours.

    TIAA2019-09-16
  6. Helpful (14)

    "fubar"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director 
    Doesn't Recommend
    Negative Outlook

    I have been working at TIAA full-time

    Pros

    Pension, not many firms offer it. However, vesting is three years, which is a tall order in the current environment.

    Cons

    TIAA is smoke and mirrors. Do not believe for one second the hype about it's "culture", work-life-balance, best-places-to-work nonsense. The reality is that this is a sinking ship. This is a firm desperately trying to play in the big leagues and it can't come anywhere close. It is decades behind it's competitors in technology, processes and thinking. At a time when it should be retaining its best talent, those... that can are walking out the door. What is left is mediocrity, longtimers and friends of executive. This is a tier 3 organization. If you are in NYC, you are damned. The firm is moving to Charlotte. It would move faster if it could, but it has run out of space on campus. Instead, they have made life for New Yorkers miserable at a WeWork location. It is a sweat shop. Everyone is crammed next to each other, there is no privacy, it is loud and filthy. In the eyes of management, there is now free coffee (something TIAA did not offer its employees in the past) so we should be most grateful. If you are a shmoozer who like to push work off to others and not be accountable for anything, you belong at TIAA and you will thrive. If you care about your work and doing a good job, turn around right now and run as fast as you can away from here.

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    Advice to Management

    Your decisions are short sighted and only buying you time before you are also shown the door. I think you know that.

    TIAA2019-10-05
  7. Helpful (2)

    "Good earlier career or late career place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    Current Employee - Senior Developer 
    Neutral Outlook
    Approves of CEO

    I have been working at TIAA full-time for more than 5 years

    Pros

    If you're fresh out of college this place has great rotation programs. The benefits are great in terms of 401k and employee Pension Plan for retirement. Work life balance is great.

    Cons

    Depending on your area it is easy to reach a skill cap in which you stop learning new things or there is minimal improvment because the projects tend to be very similar and the work starts to get a bit repetitive. Its easy to get complacent if you're not careful.

    TIAA2019-08-07
  8. Helpful (3)

    "Many good, smart people slowed down by process and constant reorganization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in Chicago, IL
    Recommends
    Negative Outlook

    I worked at TIAA full-time for more than 8 years

    Pros

    Great benefits, many great people, strong balance sheet and sticky clients

    Cons

    Tough work/life balance; shop is constantly trying to reinvent itself.

    Advice to Management

    Hire a few more analysts and make up your mind what you want to be.

    TIAA2019-07-15
  9. Helpful (1)

    "Bittersweet wealth management company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TIAA full-time for more than a year

    Pros

    The benefits are really good and salary is also on par with industry standards. Their bonus structure also pay off really well. TIAA's work life balance is set well and so one is not overwhelmed at all times. Availability of the tech related stuff, whether its VC conference rooms, MS office packages, they're up to date with the latest technology. PTO's and general holidays are awesome and almost competitive... with many other companies

    Show More

    Cons

    Very traditional and conservative company. Restricted and monitored internet and system access. Very limited or no scope for flexibility for working from home when required. We would need to take our PTO's when sick, probably the reason why they provide us with more hours for accumulation.

    Advice to Management

    Keep doing what you're doing for your employees. Give more room for flexibility, specially for people who are client facing but not essentially providing financial advice to clients.

    TIAA2019-06-05
  10. Helpful (21)

    "Losing ground on competition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Finance in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at TIAA full-time for more than 5 years

    Pros

    Great people, good benefits, long-standing honorable mission.

    Cons

    New leadership is ruining the company. You can become more competitive AND not burn a companies fundamental values to the ground. Not thinking progresively, actually going backwards in work-life balance offerings.

    Advice to Management

    Take a good, hard look at the changes you are making and make certain this is the way you want to go. Many, like eliminating WFH, will only sour your employees opinion of the company.

    TIAA2019-04-29
Found 218 reviews
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