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
1.0
Jun 19, 2018
Recommend
CEO approval
Business Outlook

Pros

- Very strong brand name (esp. in finance and asset management) - Nice NB headquarters - Opportunity to work out of global offices on demand - Pays for CFA (all levels) and other certifications

Cons

Worked in one of their front-office non-portfolio departments at the most junior level - TERRIBLE management (can't emphasize this enough) -- management is absolutely disinterested in transferring skills to junior staff as they expect their juniors to leave for b-schools within a few years or move to startups - Very limited access to any type of client-facing work or more traditional finance work - Very limited growth opportunities for junior staff (with the exception of CFA)--juniors are discouraged from taking on new projects or showing initiative as management prefers to micromanage all levels of juniors (analysts/associates/sr. associates) - Very limited differentiation from analyst to associate to sr. associate-type of work (no growth of skills) - Almost impossible to get promoted past sr. associate without an MBA (lots of sr. associates in the role for over 5 years with no promotion to VP) - NB location--not many opportunities to network outside PIMCO or PAAMCO

1.0
Nov 3, 2018

Account Manager

Recommend
CEO approval
Business Outlook

Pros

The company is respected within the industry. Clients know and respect the brand.

Cons

Management structure forces senior team members to be focused only on themselves and not the greater good of the firm. All salaries are tiered by title and this incentives senior team members to take credit for the work of junior team members and not spend time developing a strong team.

1.0
Apr 5, 2014
Recommend
CEO approval
Business Outlook

Pros

One's happiest days in life are when they finally rid themselves of such a wretched burden as being a PIMCO employee. Others in the working world know of the rigor and soullessness of PIMCO's work environment and are happy to take someone who can survive such an awful place, knowing that if they simply treat them with decency they will have an outstanding, content employee on their hands.

Cons

The list would be too long to put here. I worked in the administrative area for 3+ years and can honestly say I've never felt more demeaned, condescended to, torn down intellectually, and just plain disgusted by the degree of entitlement and pomp that embodies the typical PIMCO brat. They are all hungry, and kept that way, see, because it makes for a much leaner, meaner animal. At every level, they are sure to overburden the employee, and at no other level is the employee more burdened than at the administrative level. I did the work of assistants, coordinators, associates, and sometimes account managers, and was never paid a fraction what I was worth by the time I finally had the brains to quit. Even my mentor, an SVP, said it was a wise move to leave.

Viewing 4 - 6 of 896 Reviews

Glassdoor has 1,173 PIMCO reviews submitted anonymously by PIMCO employees. Read employee reviews and ratings on Glassdoor to decide if PIMCO is right for you.