PIMCO Reviews | Glassdoor.co.uk

PIMCO Reviews

Updated 11 Sep 2019

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Found 279 reviews

3.8
StarStarStarStarStar
Rating TrendsRating Trends
69%
Recommend to a Friend
92%
Approve of CEO
PIMCO CEO Emmanuel Roman
Emmanuel Roman
47 Ratings
Pros
  • "Smart people, new-age culture, energizing teams, stellar leadership, innovative projects(in 30 reviews)

  • "Good benefits, good work culture(in 13 reviews)

Cons
  • "Poor work life balance, poor chances to move up(in 31 reviews)

  • "The firm has always run lean and at times the work load can be challenging, requiring long hours or work on the weekend(in 21 reviews)

More Pros and Cons
  1. "Challenging tasks & great people"

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

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

    Pros

    challenging and demanding work environment

    Cons

    hiring for a position - no career planning or support

    PIMCO2019-08-05
  2. Helpful (4)

    "Uncompromising and Tense Company Culture - Think Twice"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst/Associate 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at PIMCO full-time for less than a year

    Pros

    - You'll have the chance to work with very intelligent and driven co-workers - Great resume-builder (expect recruiters flooding your voicemail & inbox)

    Cons

    -This will presumably vary from office to office and team to team, but I've personally never seen such levels of behind-your-back manoeuvring and unwillingness to listen; the environment isn't conducive to shared decision-making and consensus-building -Employees don't talk to each other much, which creates an 'every man for himself' environment. Mistakes are called out and frowned upon, with little training in... place to get you up to speed. I found it to be a bad place for juniors, especially the more social/friendly types who see the bigger picture and want to collaborate -People are treated as disposable and kicked to the curb unless they uphold rigid, hierarchical business practices (i.e. sticking to 'this is how it's done here, no questions allowed' mentality) - There isn't much internal mobility, i.e. ability to gain exposure to tasks and processes in adjacent teams through cross-training. Silos persist.

    Show More

    Advice to Management

    - Revamp the company culture to encourage innovation and a more collaborative style of working. Do not punish people for each minor error- if given the choice, a carrot is more effective than a stick in incentivising a healthy working culture.

    PIMCO2019-07-30
  3. Helpful (1)

    "Very competitive environment - difficult to progress"

    StarStarStarStarStar
    Former Employee - Account Analyst 

    I worked at PIMCO full-time

    Pros

    Very competitive environment, good learning experience. It is an amazing platform to start your career and build a network.

    Cons

    It is nearly impossible to promote from associate to manager. They prefer to hire MBA students and force you to leave the company at some point.

    PIMCO2019-06-18
  4. Helpful (3)

    "Great for technical skills but can be a soul sucking culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Vice President - IP 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PIMCO full-time

    Pros

    - Clever people - Fast paced and challenging - Tremendous opportunity to enhance technical skills

    Cons

    - Politics, politics, politics + some terrible management - Compensation inequality between senior and junior roles - Short-term mindset versus long-term investment - Everyone's a little awkward (maybe that's a pro?)

    PIMCO2019-06-11
  5. Helpful (2)

    "Senior associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 

    I have been working at PIMCO full-time

    Pros

    Learning, standing in the industry

    Cons

    Poor work life balance, poor chances to move up

    PIMCO2019-01-25
  6. "Analyst-Associate London MO"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Compliance Analyst in London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

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

    Pros

    Strong emphasis on qualifications. Opportunities available to up skill e.g. CFA and other quals if you dig deeper. Nice, very-capable, approachable colleagues and managers. Nice offices (up/down desks as standard). Good location (London), away from City. Ability to take on more responsibilities if capable and willing to work long hours (you may/may-not be rewarded for it). Normal hours (middle office) reasonable.... Pay is acceptable, nothing to write home about. Great in-house IT support.

    Show More

    Cons

    Reluctance to allow regular WFH schedule. Limited networking culture compared to other places I've experienced. Very routine work. Knowing Germany will help. Culture, doesn't feel like there is one.

    Advice to Management

    Does everyone really need to be in the office everyday? Filter down a clearer macro, strategic outlook.

    PIMCO2018-06-01
  7. Helpful (1)

    "Senior investment professional"

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

    I worked at PIMCO full-time

    Pros

    Great investment process, very skilled professionals, global in nature, strong leadership, strong client base, widely reckonized brand, head quarter in california

    Cons

    Very us centric, focus on education, lot of junior staff, seniors are overpaid, one size fits all culture, not global in the way the firm thinks, has lost some of the spark

    Advice to Management

    Do not overpay senior staff, look to create healthy rate of turnover, create a more inclusive culture, diversity should be a key focus, invest in growth markets

    PIMCO2018-02-08
  8. "Strong macro shop"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President in London, England
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    You can get good exposure to multi asset classes. The firm has a lean structure. Pretty strong influence across markets globally.

    Cons

    Tend to be a bit political. It takes long to be in charge of a fund and its difficult to foresee the future career trajectory.

    PIMCO2018-02-03
  9. Helpful (1)

    "Passionate Employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PIMCO full-time for less than a year

    Pros

    Experts in Fixed Income Good Work Life Balance Good Pay Good benefits of employment Fantastic offices Huge emphasis on teaching

    Cons

    Steep learning curve Demanding work environment A lot of expectation of learning and getting CFA A lot of responsibility for a junior

    Advice to Management

    Great support from upper management

    PIMCO2018-01-15
  10. Helpful (4)

    "Very political, people spend more time managing their careers than clients money"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at PIMCO full-time for more than 3 years

    Pros

    You can learn a lot, as generally people there are quite smart

    Cons

    Very cliquey, very political, almost no chance of career progression, people spend more time managing their careers than clients money

    Advice to Management

    Change the work toxic work culture

    PIMCO2017-11-23
Found 279 reviews