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
Oct 21, 2012
Recommend
CEO approval
Business Outlook

Pros

The company has name recognition in the industry. It has created a sophisticated conveyer belt where job functions are highly specific creating a machine where nobody is required to think broadly, but the machine can run relatively smoothly nevertheless.

Cons

I have come across some of the most morally corrupt people ever in this place. The culture is one of individualism at all costs. A large portion of employees are motivated solely by personal interests, at the expense of co-workers, subordinates and even clients. The business model includes hiring from outside at all costs rather than promoting from within. The growth of the firm is telegraphed to incoming employees as being a huge opportunity to grow, however the marketing message associated with hiring from outside trumps all. "Look how strong we are - we are always hiring". Meanwhile that is made possible because of heavy turnover resulting from frustrated employees leaving. This firm really has become more of a marketing firm than a legitimate investment business.

1.0
Nov 16, 2017

It's all window dressing

Recommend
CEO approval
Business Outlook

Pros

Located in Newport Beach California

Cons

Good old boys club, false promises, extreme level of hierarchy, your bio equals comp not performance

3.0
Dec 12, 2016
Recommend
CEO approval
Business Outlook

Pros

- Excellent working facilities includes a cafeteria and gym with showers - Amazing View of the Ocean - Great health care benefits, dental, life insurance options & 401K - Good employee volunteer program - Professional setting; suits, ties and pant suits, Wall Street meets Beach Life

Cons

- Administrative Supervisors lack TRUE & GENUINE leadership qualities and lack knowledge on cultivating careers of their subordinates that want to grow within the firm - Very clique-oriented & gossip-driven; Supervisors gossip about subordinates' personal and processional issues with other non-supervisors; Complete HR issue but they just get slaps on the wrists. - Good and dedicated employees are not promoted despite reaching all marks on this ridiculous matrix - Senior tenured admins are given special treatments to new roles and positions despite how un-knowledgeable they are with new roles - High turn over for New Hires and if they stay on, they are put on contract for months to years. - The work expected of you does not match the title given despite the industry and competitor standards; titles are Admin Assistant, Senior Admin Assistant, Coordinator, Senior Coordinator, and then Supervisor. The type of tasks given to us are deemed more as Executive Assistants but the only admins that hold those titles are the admins in the "Executive Office" but the last I checked, if you support Executives (i.e. VPs, SVPs, EVPs, & Managing Directors in other departments) that would constitute you being an Assistant to Executives, hence Executive Assistants. - If admins are interested in other positions within the firm, they have to go through their supervisors to approve their application. WHY? Most supervisors don't want you to leave because it'll 'shuffle things around' and create more work for them.

Viewing 25 - 27 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.