No interest in working for a big corporation - Senior Pension Consultant Ascensus Employee Review

2.0
Jan 8, 2021
Recommend
CEO approval
Business outlook

Pros

Did just ok with acquisition of our company. Didn’t lay off anyone at the time I decided to get out before that happens.

Cons

Had to fight with acquisition team with our title/level demotions due to poor mapping of positions. Nobody ever talked to us before that decision was made. And surprise...demotions across the board! Benefits reduced greatly. Very large reductions in paid time off. Health plan was downright terrible if you’re someone with ongoing life long conditions under treatment. It will nearly bankrupt you. High deductible plans are cruel for employees with health conditions and creates terrible financial burdens. Just because it’s the new “gold standard” for corporations to save a buck doesn’t make it right and it speaks volumes to the corporate culture and what really matters. Company is obsessed with acquisitions and nothing else. This is so they can simply beef up their valuation before going public on the stock market this year. What this means to the employees is likely mass layoffs once integration hits a certain stage. They will need to maximize profits and minimize costs as they head into going public.

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5.0
Jun 3, 2026
Recommend
CEO approval
Business outlook

Pros

Excellent manager and team with streamlined processes. Benefits are greater than what I have seen in a majority of other businesses. The IT team generally moves very quick to resolve issues. HR/Hiring team was very quick and informative.

Cons

Only have two monitors when three would offer more efficiency. Although many tasks have SOPs and guides, some guides might not be updated (IE I found a guide that had the incorrect naming convention for a file). Any study materials needed to obtain relevant professional credentials are not covered by Ascensus. Obtaining relevant professional credentials also does not provide you with any bonus. You must wait a minimum of 12 months in your current position before wanting to change/pursue other job opportunities at Ascensus. The career ladder, at least in the Compliance team, seems rather narrow and limited.

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