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Jennison Associates

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Jennison Associates Reviews

3.3

52% would recommend to a friend

(69 total reviews)
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Jeffrey T. Becker

73% approve of CEO

58% positive business outlook

Jennison Associates has an employee rating of 3.3 out of 5 stars, based on 69 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

69 reviews
2.0
27 Sept 2018

Avoid Jennison

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Free Sodas in the fridge. If you're looking to retire, or you want to feel brilliant due to incompetent management....then this is the place for you!

Cons

1) "Free snacks" = 1 jumbo can of pretzels, that everyone in the company shares. 2) Company didn't do so well in 2016. Since then compensation has been relatively flat, and bennies are being cut. Health plan now requires employees to pay each paycheck....which is the sign of a slow death in a financial firm. They also advertise Training/Education reimbursement, but anytime you try to get training approved...you're told to use Lynda or CBTNuggets 3) IT management (Except Win Engineering) is absolutely clueless. They purchased consumer grade SSDs, for 7 year old business desktops. Over 150 SSD failures in the environment, in 12 months, and they wonder why. 4) Purchased all new Cisco switches, but then let them sit in storage for 18 months. When one of the cores spontaneously rebooted, cisco reminded us they were no longer supported/under maintenance. IT management then wanted us to give Cisco support another companies serial number! 5) Thousands of company assets missing, since 2012. Entire sites filled with assets have disappeared. Which way did they go?!?! 6) Tried to clean/consolidate the trade floor. Found networking equipment from the 80s/90s, hardwired and live...buried under the trade floor. A year plus later, no one has done anything. This was also reported to HR, as it put employees at risk. 7) DR testing...isn't a real test. If NYC was unplugged....oh boy. 8) My third month with the company, took a trip to PA To our datacenter. An IT manager got so intoxicated, that they took beer from the lobby convenient store, after it was closed. Had to spend an hour plus with hotel management/front desk, convincing them not to press charges. Then get back to our office in NY, and im told "Make sure the other employees dont say anything. What happens in PA stays in PA". Amazing conversation and way to be a role model

1.0
2 Sept 2017
Recommend
CEO approval
Business outlook

Pros

Good pay, benefits, bonus, etc...

Cons

You earn it by enduring poor management, blameshifting, blatant and contiuous lies, and all around terrible atmosphere to be in. If you enjoy working woth the bottom of the barrel personalities that see everyone around them as a scapegoat for when they make yet another horrible decision, then this place is for you. For everyone else, the pay does not make up fo the environment you will be thrown into... I stayed long enough to see 47 people, including the CEO, break and say its just not worth it and leave. I finally chose the same after realizing nothing I would do would change or positively impact this cesspool - and I've appreciated my next job *SO* much because of this one .... so perhaps that's a backhanded Pro for this.. who's to say?

2.0
6 Oct 2017

Gone are the days.....

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There used to plenty of pros to rave about but these days there is not much to be left to be desired.

Cons

The firm has been on a rapid decline for years. Senior management and their lieutenants do not value the good employees and many have moved on just in the past 5 years alone. Senior management has even turned over which speaks volumes because our CEO resigned early last year. He must have known what was coming. Can't comment on the new CEO but there is a lack of transparency but he does have his work cut out for him. The overall comp is taking a hit because of recent changes to our benefit plan. Successes are not recognized and celebrated. The worst of all is the cesspool environment that has been cultivated from the top to coddle those who don't want to work but collect a check. They're good for that.

Viewing 1 - 3 of 69 Reviews

Glassdoor has 105 Jennison Associates reviews submitted anonymously by Jennison Associates employees. Read employee reviews and ratings on Glassdoor to decide if Jennison Associates is right for you.