Does CalPERS pay their employees well?

According to anonymously submitted Glassdoor reviews, CalPERS employees rate their compensation and benefits as 3.4 out of 5. Find out more about salaries and benefits at CalPERS. This rating has been stable over the past 12 months.

How satisfied are employees working at CalPERS?

48% of CalPERS employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated CalPERS 3.7 out of 5 for work life balance, 3.1 for culture and values and 3.1 for career opportunities.

What are the top reviewed jobs at CalPERS?

Associate Governmental Program Analyst (AGPA) (15) , Investment Officer (12) , Staff Services Analyst (12) , Investment Officer II (6) , Analyst (5) , Associate Governmental Program Analyst (5) , Investment Associate (4) , Portfolio Manager (4) , Seasonal Clerk (4) , Student Assistant (4) , Auditor (3) , Information Technology Specialist (3) , Manager (3) , Office Technician (3) , Associate Program Auditor (2)

What are the pros of working at CalPERS according to real employee reviews?

"Great work life balance" ((in 18 reviews)); "Most people are friendly." ((in 14 reviews)); "Also great benefits." ((in 12 reviews)); "Great Management and Individuals and great place to work." ((in 9 reviews)); "The pay is decent." ((in 6 reviews))

What are the cons of working at CalPERS according to real employee reviews?

"Managers do not always value the ethic of employees or put their interests first" ((in 7 reviews)); "Upward mobility in satellite offices is limited." ((in 6 reviews)); "Salary, parking, experience, bureaucratic, complacency" ((in 5 reviews)); "Even when my code was clearly correct and working, leadership still claimed it was wrong." ((in 5 reviews)); "Employees must pay for and find parking when on site." ((in 3 reviews))

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CalPERS

CalPERS Reviews

3.4

48% would recommend to a friend

(203 total reviews)

Douglas Hoffner

46% approve of CEO

32% positive business outlook

Ratings by demographic groups

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CalPERS has an employee rating of 3.4 out of 5 stars, based on 203 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CalPERS employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

203 reviews

5.0

11 Dec 2025

Great Work Atmosphere

Staff services analyst

Recommend

CEO approval

Business outlook

Pros

The work life balance aspect is very important to CalPERS.

Cons

Parking and traffic can be rough, but manageable.

5.0

1 Jul 2025

Flexible work hours

Investment associate

Recommend

CEO approval

Business outlook

Pros

-flexible work hours -nice ppl to work with -real investment experience -large network

Cons

-pay is a little uncompetitive

5.0

20 May 2025

Good company with great benefits

Research data analyst

Recommend

CEO approval

Business outlook

Pros

Good company with great benefits

Cons

Room to grow internally, especially on the investment side

Viewing 1 - 3 of 203 Reviews

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