PIMCO reviews

3.7

66% would recommend to a friend

(896 total reviews)
avatar

Emmanuel Roman

80% approve of CEO

70% positive business outlook

PIMCO has an employee rating of 3.7 out of 5 stars, based on 896 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PIMCO employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

896 reviews
2.0
Dec 30, 2020
Recommend
CEO approval
Business Outlook

Pros

Ability to work with some of the best talent in the investment management industry. Great pay and average benefits for an entry-level asset management role. Great location in Newport Beach. Nice gym and facilities. PIMCO is a great name on your resume and people who know anything about finance will be impressed you work here.

Cons

Long hours and poor work-life balance. Cutthroat culture and political work environment. Co-workers can't be trusted and the floor is not a very friendly environment. The onboarding process is a joke. Nearly impossible to transfer internally to another department or to be promoted to PM. Portfolio Managers are treated like gods and anyone below them aren't treated very well. Co-workers aren't interested in helping you learn and you practically have to beg for their time to teach you things. Part of the reason for this is because the firm is too lean and turnover is so high. If PIMCO did a better job onboarding employees and providing better career growth, the other "seasoned" employees wouldn't be so stretched thin since people wouldn't leave. I wouldn't recommend working here unless your a PM.

5.0
Dec 31, 2018

PIMCO Technology and Digital

Recommend
CEO approval
Business Outlook

Pros

PIMCO has made a serious commitment to Tech and their Digital Transformation. New CTO, new office in Austin w/ a goal of adding 200 folks (mainly PIMCO Tech), a new head of digital and a CEO who is committed to the multiyear effort to get it done right. The next few years is going to be a huge opportunity for employees in PIMCO Tech as they architect a common core platform, development process, and data models to help better connect, serve and service our global clients (internally and externally).

Cons

There are legacy platforms, systems and processes that they are starting to address and that will take some time to get it right. Having been in the industry for close to 20 years this is not a unique problem for PIMCO Tech. You will fin degrees of it across all the big asset managers. The big thing is how they address it. For those looking for a challenge and open to rolling up your sleeves this is something worth considering. Other things worth noting : - Tie culture AKA pretty conservative (which I guess is ok if the role is to protect and grow your $) - Demanding work environment (not hostile or anything. They just ask a lot of their staff)

2.0
Nov 14, 2017

Not worth my time

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good Salary, Great Benefits, Nice office building and location

Cons

Bored to tears; Extremely underutilized (as admitted by a supervisor); Assigned very entry level administrative type work for a senior level professional; Office politics

Viewing 52 - 54 of 896 Reviews

Glassdoor has 1,174 PIMCO reviews submitted anonymously by PIMCO employees. Read employee reviews and ratings on Glassdoor to decide if PIMCO is right for you.