PIMCO Reviews | Glassdoor.ca

PIMCO Reviews

Updated Oct 12, 2019

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Found 282 reviews

3.8
StarStarStarStarStar
Rating TrendsRating Trends
68%
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 32 reviews)

  • "long hours, as an entry level analyst you have to grind and do some boring stuff(in 21 reviews)

More Pros and Cons
  1. "Good company to work for."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Smart people. Decent work life balance.

    Cons

    Less chances for growth here.

    PIMCO2019-10-12
  2. "Portfolio Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Portfolio Manager in Newport Beach, CA

    I have been working at PIMCO full-time for more than 10 years

    Pros

    Very good compensation and Newport beach is nice

    Cons

    it gets very political as you move up the ladder

    PIMCO2019-10-09
  3. "Maneuver correctly and you'll succeed here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Product Management 
    Recommends

    I worked at PIMCO full-time

    Pros

    It's who you report to here that is key, not what you do.

    Cons

    If your direct supervisor leaves, you're left fending for yourself. Employees fall in and out of grace with the executives here.

    PIMCO2019-10-09
  4. Helpful (6)

    "Software Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Developer in Newport Beach, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at PIMCO full-time

    Pros

    Good overall benefits Flexible hours No micro management

    Cons

    Work environment is very toxic. Most of the people are not happy. Lack of leaders. There are only bosses. Managers are suck ups and do not care about people under them. There is no guidance for promotion criteria. Your manager has like you to get promoted. If you are “Yes boss”, this is the place for you. It used to be good paid job but money is drying up and upper level managers see pay increase while the lower level employees see their comp going down. Not recommended for fresh graduates. Insiders are not getting promoted. When there’s an opening they will bring somebody from outside. 2 CTO changes between 2012 and 2017. They brought their own people, side lining the existing employees. Highly political environment.

    Continue reading
    PIMCO2019-09-09
  5. "World class firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Account Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at PIMCO full-time for more than 10 years

    Pros

    Work daily with some of the most talented people in the industry and surrounded by strong management and incredible thought leadership.

    Cons

    Travel can wear on you

    PIMCO2019-08-26
  6. "Fine but lacking benefits and internal support"

    StarStarStarStarStar
    Current Employee - Account Associate 

    I have been working at PIMCO full-time

    Pros

    Lean organization, highly educated workers

    Cons

    Lacking on benefits, comp, and internal career support. Can be very political

    PIMCO2019-08-18
  7. Helpful (3)

    "Strong investment culture - beware of the politics"

    StarStarStarStarStar
    Former Employee - Vice President 

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

    Pros

    Exposure to the top minds in economics and finance - in the firm and from the outside via their secular forums

    Cons

    Intensely political; if you have the stomach and skills for that, then you'll be successful there.

    PIMCO2019-08-22
  8. Helpful (6)

    "Toxic place, would never recommend to anyone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Software Developer in Newport Beach, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Work can be good depending on your project again. But what's the point of good work when you are surrounded by bad managers

    Cons

    I have a list to write down: 1. Extremely management focused. 2. All you need to do is please your managers, if you disagree with them or give your suggestions you are questioned. 3. Keep following what you manager wants you to do for peaceful life 4. They lack highly in Methodology. Their sdlc release cycle is totally in mess. There's no monitoring whatever. Anybody can release whene'er they feel like. You can ECR approval easily. Lack of documentation. Poor code review. No team coordination. They should learn how other companies are thorough in all these practices 5. Also, there are no one on ones with manager. (Very team specific) but you don't know where are you heading since there's no clarity. 6. I would never recommend this place for the fresher's because they have always hired experience people and they basically don't have any course plan out for them. They will not like it. Not a fun place to work for. 7. Location is fantastic but one gets bored of beaches after a point. 8. No leader, only rulers (managers). 9. Not many full time employers so it not advisable. There are better places with better pay and good team and management.

    PIMCO2019-09-11
  9. "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
  10. Helpful (6)

    "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.

    Continue reading
    PIMCO2019-07-30
Found 282 reviews