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
Jul 15, 2021
Recommend
CEO approval
Business Outlook

Pros

good brand name, decent PTO, good volunteer opportunities. finally a focus on tech improvements

Cons

they actively work to stunt junior staff's career growth, a byproduct of the incredibly stuffy culture. you must have an MBA to advance in any capacity. top line management is essentially deaf to the needs, no matter how basic, of anyone below them. compensation is so significantly lower than the market rate it's a bit laughable. The firm runs so unbelievably lean that everyone is overworked, understaffed, and underpaid by wide margins. Turnover is insane but nothing changes to address any of the issues that are raised - a strategy that is sure to fail much sooner rather than later. Also, PMs and EVPs are treated like gods so if you're not there, expect little to no attention from management.

2.0
Jun 6, 2020
Recommend
CEO approval
Business Outlook

Pros

People might be impressed if you say you work here. But I assume if you can get a job here, you already have a recognizable school/previous job experiences on your resume. Also, the name recognition is pretty confined to circles within finance, and if you are not 100% sure on being in finance, you are probably better served going to a big bank/other institution. There are very smart people here. There is good job security, and the pay is industry standard starting out (you'll quickly get outstripped by peers the longer you stay). You won't get better WLB anywhere else.

Cons

It's probably as dead end of a job as you can get from a reputable company. There are three reasons for this: 1. There is little growth in your role. 2. There are few opportunities for lateral movements within the company. 3. You gain very few transferrable or useful skills from what you do. I think (1) and (2) are pretty common pain points for large institutions. (3) is what I would call out if you are just starting out your career, since middle management doesn't really know what they need their analysts/associates to do and for the most part aren't particularly interested in figuring it out (there are a handful of exceptions). So you will most likely be doing a lot of random things that don't add much to your development, and then they'll ship you off to b-school. In my opinion this is a result of the org being both lean (not many resources to develop you) and hierarchical (few opportunities). That's a deadly combo!

2.0
Sep 1, 2017

Drama

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Nice office building, in-office cafeteria, great pay/benefits, and in-office gym.

Cons

Too much politics, even at the analyst/associate level, hence always watch your back. Some departments can be extremely cliquey to the extent that they are no longer professionals, but rather a bunch of high school girls. I've first-hand witnessed gossiping and strategizing how to make competent new hires get fired, simply because certain people get insecure about their own job security at PIMCO.

Viewing 13 - 15 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.