Tamarac Operations Associate reviews

2.3

24% would recommend to a friend

(8 total reviews)
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Andina Anderson

Not enough data to show CEO approval

39% positive business outlook

Reviews by job title

8 reviews
1.0
Feb 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Nice office and submissive first tier employees who can put up with Tamarac's bad corporate culture.

Cons

Dirty office politics, inexperienced managers (rude in some cases), dysfunctional training system (in some cases there is no training at all), biased performance reviews, low salary, and discriminatory organizational culture.

1.0
Feb 10, 2017
Recommend
CEO approval
Business Outlook

Pros

You are allowed to put your headphones and just work. If you like Excel, SQL and crunching numbers it's great. It was a great entry level opportunity to be exposed to the RIA space.

Cons

Managers are left over from when the company was very small. They know little and say they are open to feedback but they aren't. If you don't hang out and party with the in crowd then you won't advance. Other people have mentioned the "black-balling" - 100% confirmed. They will just stop talking to you and from there you just have to leave the company. Benefits are plain bad, but if you are a 22 year old, they probably seem ok. 1.5% match for an "investment" company is not competitive. Pay was poor. The company gives out shares to managers - but to prove the companies lack of care for these people, they bought Yoodlee (with shares) a few days later and crushed the share price effectively splicing the value of those shares by 40%. Oh and thesee jobs only exist because the product is bad. Operations Associates are manual repairmen for a poorly thought out aggregation system from thebl 1990s .

2.0
Jan 30, 2017
Recommend
CEO approval
Business Outlook

Pros

Some of the people that work here are really nice. It was a good experience to learn the type of company that I never want to work for in my career again.

Cons

The management is really young and generally has no clue what they are doing. They often micro-manage, expect you to work long hours, and change things frequently. The pay is a very minimum base entry-level regardless how many degrees or years of experience you bring to the table. In the Raleigh office there is a "good ole boys club," and if you are not part of that inner circle than good luck!

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