Great place to get experience, but no long-term career prospects - Anonymous employee GMO Employee Review

- entire company is paid as if every employee was a trader (low base, high bonus) which leaves them very uncompetetive for careers traditionally not paid this way (IT, accounting, etc) - no annual CPI salary increases, but also very limited opportunities for promotions/raises so... you can basically work there for a max of 3 or 4 years if you don't get a promotion. Then you have to leave so you can keep pace with your bills every month. -If you're promised a 40% bonus, know that you're only getting about 20%. Half of your bonus is withheld for manadatory retirement savings - there is no 401k, so this is essentially the retirement plan there, just be aware when you're quoted a high bonus that it's not truly all a "bonus." - They seem to have a company culture of running "lean". They seem to purposefully understaff and plan only enough employees for "normal times" so that during busy times everyone is fraying and falling apart at the seams. I get that lower overhead keeps client fees down, but it's fairly simple to work that a bit farther and realize that putting out late reports with material weaknesses due to chronic turnover, understaffing, and lack of work-life balance isn't going to get you ahead with clients in the end. They have very short-sighted goals as a fiduciary, it's odd. - The have a highly centralized power structure and do not let divisions make any autonomous decisions. It's limiting and crippling to divisions whose functions and needs are outside of the norm. It gives the impression of a lack of trust of divisional leadership, which is a shame considering the talented people they employ at those levels.