Zacks Investment Research Reviews | Glassdoor

Zacks Investment Research Reviews

Updated February 27, 2017
12 reviews

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2.0
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Leonard Zacks
5 Ratings

12 Employee Reviews

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Pros
  • Their work- life balance and flexibility is great (in 6 reviews)

  • Director of Research at the time was hand-off, allowing employees to work from home with minimal supervision (in 4 reviews)

Cons
  • Compensation & Benefits- No as such (in 4 reviews)

  • Extremely bad salary, poor bonus, no hikes at all (in 3 reviews)

More Pros and Cons

  1. Helpful (2)

    "little growth opportunity for new employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Sales in Chicago, IL
    Former Contractor - Sales in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Zacks Investment Research as a contractor (Less than a year)

    Pros

    Learn a lot of things on financial markets, established financial products. Good for the entry level job seeker to start a career.

    Cons

    Few growth opportunity for new employees. Bad management system. Benefit package sucks. You need to pay a lot for your own insurance every month.

    Advice to Management

    Must have better promotion rules.


  2. Helpful (3)

    "Lacking leadership"

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

    I worked at Zacks Investment Research full-time (More than 3 years)

    Pros

    Not Many. There was nothing I can say I enjoyed other than my co-workers.

    Cons

    Terrible company culture, pay subpar. Bad management and even worse owners.

    Advice to Management

    Leave!


  3. Helpful (5)

    "Great for learning, poor for working"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Sales in Chicago, IL
    Former Employee - Research Sales in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Zacks Investment Research full-time

    Pros

    If you want to learn about investment research, Zacks will inundate you with data & information. They have access to a mountain of fundamental data, wall street research, models, and tools and software to keep you extremely busy...but it's also all over the place and hard to put it all together.

    They highly encourage innovation and every level of management encourages fresh thoughts. If you have a good ideas, they WILL LISTEN and probably act on it.

    Cons

    Woefully underpaid and terrible benefits. no 401k matching of any kind, if you have a family, the medical plan is out of control expensive. People are easily and frequently fired and leave for a better paying job. Top management really doesn't care about it's people.

    Advice to Management

    Stop outsourcing every job to India; you have lost and will lose extremely talented and devoted employees because we all feel the hammer coming sooner or later.


  4. Helpful (4)

    "IT Management is Terrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Administrative in Chicago, IL
    Current Employee - IT Administrative in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Zacks Investment Research full-time (More than a year)

    Pros

    There are some good guys that work for the company and are very easy to get along with.

    Cons

    IT Management has compound issues. IT is split between 2 departments with no over-recing goal of actually improving the company. Management drives out competent talent or fires them for wanting to do job correctly. Those that are qualified and stay get stifled and just do bare minimum to make it bearable. IT constantly battles with business instead of tryin to support nd make things better. I.E. - making poor choices and not growing but stagnating so goals cant be met.

    Advice to Management

    IT Management just needs to change, the two individuals that are currently running are not equipped to do so.


  5. Helpful (3)

    "Seem to be actively outsourcing all departments to India - as mush as possible anyway."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Downtown location. Competitive pay. Flexible working hours.

    Cons

    Focus on outsourcing departments to India. Owner feels that he has had some success in outsourcing some now he wants to do more to cut costs.

    Advice to Management

    Keep focus and keep moving forward. Balance is the key to having successful projects.


  6. Helpful (5)

    "N/A"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    No opinion of CEO

    Pros

    N/A prefer not to discuss

    Cons

    - not transparent decision making structure
    - management lives in its own world
    - poor ethics
    - no team work

    Advice to Management

    Company has great potential, but it will take getting fresh team with people who want to grow professionally and whats more important, have the opportunity to grow.


  7. Helpful (1)

    "I sold institutional level software research to the small and mid-sized advisor market."

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

    Pros

    Opportunity to present & create a awareness of a new offering.

    Cons

    More commitment to improve product, marketing efforts, and perception.


  8. "Good Launch Pad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Equity Research Analyst in Kolkata (India)
    Current Employee - Equity Research Analyst in Kolkata (India)
    Doesn't Recommend

    I have been working at Zacks Investment Research full-time (More than a year)

    Pros

    Good place to start career

    Cons

    don't stay there for more than 2-3 years, no salary growth, management always do politics

    Advice to Management

    transparency


  9. "Flexible work place but no growth at all"

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

    I have been working at Zacks Investment Research full-time

    Pros

    Less politics, work from home facility, decent work culture

    Cons

    No hike for atleast 3-4 years, scope for promotion is almost Nil as it will only happen if a senior resigns, pay scale is very low especially for women

    Advice to Management

    You need to value your employees and not exploit them.


  10. Helpful (2)

    "Good But lack of proper managment and pay structure"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Kolkata (India)
    Former Employee - Anonymous Employee in Kolkata (India)

    I worked at Zacks Investment Research (More than 5 years)

    Pros

    I worked in Zacks India office for more than 5 years. While colleagues are immensely cooperative, there is a severe dearth of proper management system. there is no scope for promotion and no proper distribution of work. In addition, salary increment is nil unless you spend half a decade. Nevertheless, a good launching pad for initial learners, CFAs and Finance enthusiasts. Good scope to harness one skills in equity research and content writing.

    Cons

    Salary, Management and Lack of proper work distribution

    Advice to Management

    Payment system need serious reviewing


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