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)); "Also great benefits." ((in 14 reviews)); "Most people are friendly." ((in 12 reviews)); "Beautiful building." ((in 6 reviews)); "The campus is a nice place to work and the coworkers are awesome." ((in 5 reviews))

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

"Management is incompetent and higher ups are way out of touch with frontline." ((in 8 reviews)); "Managers do not always value the ethic of employees or put their interests first" ((in 7 reviews)); "Upward mobility 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))

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CalPERS

CalPERS Reviews

3.4

48% would recommend to a friend

(202 total reviews)

Douglas Hoffner

46% approve of CEO

32% positive business outlook

Ratings by category

3.7

Work/Life balance

3.5

Diversity and inclusion

3.4

Compensation and benefits

3.1

Culture and values

3.1

Career opportunities

3.0

Senior management

CalPERS has an employee rating of 3.4 out of 5 stars, based on 202 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).

Ratings by demographic groups

Ethnic group

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

202 reviews

1.0

May 22, 2026

Meaningful work overshadowed by toxic management culture

Associate governmental program analyst (agpa)

Recommend

CEO approval

Business outlook

Pros

Helping members with retirement and making a difference in peoples lives.

Cons

All management including the non degree CEO is petty, unskilled, unprofessional and will set you up. I was not there very long but while I was there it was extremely toxic culture and environment.

2.0

May 7, 2026

Not worth it

Human resources

Recommend

CEO approval

Business outlook

Pros

Retirement benefits Lower to mid level management actually trying to do the right thing and manage well Pretty great brutalist architecture

Cons

The people, particularly administration/execs Saw absolutely reprehensible behavior from upper management, especially related to reasonable accommodations

2.0

Mar 21, 2026

Great place for women to work but men need not apply

Manager ii

Recommend

CEO approval

Business outlook

Pros

The whole culture is set on promoting women and have an annual conference on Pathway to Leadership for women. Young men have no hope of ever getting promoted here unless they are willing to kiss the queens' boots.

Cons

Everything is focused on women women women. Being a man here means that you can only go so far and how dare you question women. It's reverse discrimination at its worst.

Viewing 1 - 3 of 202 Reviews

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CalPERS Reviews

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Meaningful work overshadowed by toxic management culture

Not worth it

Great place for women to work but men need not apply

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