MIT reviews

4.4

86% would recommend to a friend

(784 total reviews)

Sally Kornbluth

91% approve of CEO

76% positive business outlook

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784 reviews

Reviews about "Compensation"

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4.0
Apr 18, 2015
Recommend
CEO approval
Business Outlook

Pros

MIT is famous for innovation and technology and this permeates the work environment. The buildings, students and school culture all contribute to an exciting buzz in the air during the workday. The pay scale is reasonable, the benefits are excellent and there is room for advancement if you are interested in a career in higher ed. Many departments have switched to flex location and flex hours, so you can maintain work life balance.

Cons

Many of the staff, particularly support staff, are holdovers from the old school of office administration. There is reluctance to embrace new technology and an overall sense that you are working for anywhere but a top ranked science and tech school. There is room to advance and move within the university, but doing so requires that you personally invest in moving up and on. Your department will not likely have a clear path to advancement and most are more than willing to let talented staff languish in jobs that they are too skilled for.

4.0
Apr 2, 2015
Recommend
CEO approval
Business Outlook

Pros

Smart people, competitive pay, excellent benefits. A lot of opportunities for education and advancement. Plus MIT's prestige rubs off. When I tell people I work here, they are always impressed (and often ask me if I was a student here). If you get to work with students, you will be humbled by their brilliance and surprised by how down-to-earth they can be -- and how much guidance they often need.

Cons

MIT's excellence doesn't pervade through all levels. Some departments are much better run than others, which I suppose is to be expected. Decentralization and cumbersome bureaucracy create challenges as elsewhere in higher education. There's some abusive, entitled faculty to put up with, so make sure you get all the dirt you can before accepting a job.

4.0
Mar 30, 2015
Recommend
CEO approval
Business Outlook

Pros

MIT has excellent benefits: great health insurance, cheap parking if you're into that sort of thing, and a crazy number of vacation days (20+federal holidays+vacation days). There's an extreme level of job security in a way that's basically unheard of these days. This is an excellent workplace for people who are capable of working super hard for 8 hours a day and then disconnecting and coming back tomorrow. This is a great place to work for people with families or for anyone with serious hobbies outside of work.

Cons

Salary is okay but not great, and raises are going to be about 3%/year no matter how well you do your job. As with all jobs, you sometimes feel like you have extra work to do, but the rewards for doing it are going to be pretty minimal: bonuses aren't a thing here. If you feel like your career is going nowhere, that's because it is; you're a cog in a large bureaucracy. If your co-workers seem like a bunch of burnouts, then the problem might just be that you have unrealistic expectations.

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