PIMCO Employee Reviews
Out of 71 PIMCO employee reviews, 58% were positive. The remaining 42% were constructive reviews with the goal of helping PIMCO improve their work culture.
What does the leadership team need to get better at?
work-life balance, respect, inclusiveness, appreciation, recognition
Create a real team environment, current one is not working
- be more transparent on evaluation and promotion criteria - provide more internal mobility chances to employees - provide more opportunities to employees who are non white male. - while cost saving is good, always try to first retain people who are made redundant - do more in ESG, PIMCO is late
Listening to people and understanding different perspectives.
Hire a new Head of HR
Why do you feel undervalued and what would make you feel better about your compensation?
The firm pays so much more to EVPs and MDs while underpaying those under them. This is shown in the income ratio between an associate and MD. They don’t value your work as they are focusing on automating things across function
Less work and more balance
Stressed out colleagues and managers can be unkind.
Top leaders earn $100mm+ annually, while lower level employees are constantly squeezed. Top leaders also decide their own compensation.
People are kept as a set of moneys for showcase in the zoo. Skills don't matter since there aren't any real projects and the only thing that matters for compensation is political bolstering.
What do your coworkers need to improve and how could you work together better?
Be kind - money isn't everything.
People need projects aligned with their skills and company long-term success.
Better tone at the top; creating a more teamlike culture. The culture pits people against each other.
People need to help each other more. Everyone is an island here.
What needs to change to make the company culture better?
Everything. Whole culture needs total make over
Take action against poor leadership
New leadership and a new compensation system. A true commitment to D&I - not just sales speak.
Employees have to be treated fairly for their contributions.
What would you improve about your company's interview process?
Be more specific. Current interview process is very random.
Too long, shorten the process and be more communicative
What would you most like to see improved at your company?
More follow through on solutions to issues raised