PIMCO reviews

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.

Everything else. Incredibly cold and toxic work culture. No one will say hi to you or help you when you go through onboarding. Onboarding doesn’t exist, you just watch a series of pre-recorded videos on strategies, most of which aren’t applicable in your day to day responsibilities as a sales associate. You are reduced to the number of calls you can put up in a day, they do not care about anything else that you offer. Management needs to be flushed out, there are managers who will willingly jeopardize your ability to be promoted. There needs to be proper sales training and an inclusive environment where it’s not how much you can outsmart someone with bond math but rather create meaningful relationships in the industry. Their investment philosophy doesn’t align with their actual investment approach (long term philosophy, tactical approach).