Western Asset Management Reviews in New York, NY | Glassdoor

Western Asset Management New York Reviews

4 reviews

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New York, NY

2.5
StarStarStarStarStar
Recommend to a friend
Approve of CEO
Western Asset Management CEO James W Hirschmann
James W Hirschmann
4 Ratings

4 Employee Reviews

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Pros
  • Also has a very established work life balance culture (in 16 reviews)

  • Beautiful campus, great benefits, great pay, constantly learning, lots of empowerment to do your job (in 17 reviews)

Cons
  • No clear direction for career growth (in 6 reviews)

  • Total white boys club, lazy people get high salaries and promotions, long hours, must participate in face time for bonus to increase (in 4 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Analyst in New York, NY
    Current Employee - Portfolio Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Western Asset Management full-time (More than a year)

    Pros

    Great place to work and you have outstanding benefits. Work/Life balance is amazing for an asset manager. This would be a great place to end the last 10-20 years of a career if you worked at all the big names early on.

    Cons

    Compensation is low relative to the industry. Promotions happen but you have to wait until your annual review before you see an adjustment. Very unfair.

    Advice to Management

    Provide a better remuneration package for top performers and issue raises when a promotion occurs versus providing them at the end of the fiscal year.


  2. Helpful (10)

    "Subpar"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Western Asset Management full-time (More than 8 years)

    Pros

    Friendly, intelligent people. Good benefits and great work/life balance for an asset mgmt firm.

    Cons

    Very political; old school mentality; comp is below average in industry against peers although they will tell you its not. No work from home. No trust.
    Boys club

    Advice to Management

    Hire more qualified women and minorities into key positions. Fire half of management in Pasadena and NY as they can't even manage themselves, let alone manage their teams.

  3. "Great firm to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    Great culture and working environment.

    Cons

    Pay is not as competitive.

    Advice to Management

    Define career path.


  4. "Its ok not great but ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Approves of CEO

    Pros

    laid back atmosphere. average comp

    Cons

    In Ny your a 2nd class citizen compared to california!

    Advice to Management

    zPromote from within!


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