Lord Abbett & Co. Senior Analyst Reviews | Glassdoor.co.in

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Lord Abbett & Co. Senior Analyst Reviews

Updated 25 Sep 2019

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2.7
13%
Recommend to a Friend
Lord Abbett & Co. President and CEO Douglas B. Sieg (no image)
Douglas B. Sieg
0 Rating
  1. "Core Business Services (Finance, Operations, Technology, Administration, etc)"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - Senior Analyst 

    I worked at Lord Abbett & Co. full-time for more than 3 years

    Pros

    The company offers very competitive compensation and benefits (medical, 401k, vacation, sick leave). Easy commute location next to public transit (PATH, light rail). Office is very spacious with large cubicle space and conference rooms. Everything looks like traditional money management with lots of wood furniture and decor. Work was pretty much straightforward and people seemed to be content working there for many years.

    Cons

    There was little to no training/development for career growth. Management in core business services lacked business training to understand and prepare for changes in the industry and many projects turned into constant firedrills. Team members were not trained on the subject matter/business area for the projects to which they were assigned. And without the background knowledge the results were adversely affected.

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    Lord Abbett & Co.2019-09-25
  2. Helpful (21)

    "Used to be a great company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Lord Abbett & Co. full-time for more than 5 years

    Pros

    Good benefits Good work life balance

    Cons

    no bonuses not competitive salaries no internal growth opportunities poor senior management too conservative too much power with a small group of people no plans on expanding outside of their core competencies, what worked in 1929 or 2009 won't work in 2019 in expanding economy, zero organic growth

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    Lord Abbett & Co.2014-12-24
  3. Helpful (17)

    "Senior Managers See Employees As Machinery"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Analyst in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Lord Abbett & Co. full-time for more than 5 years

    Pros

    Good work/life balance, pretty offices, many nice people. Great opportunity for young people in their 20s because they are given a lot of responsibility.

    Cons

    It's sad how transparently greedy and self-serving upper management is, especially in the investment group. They treat people as if they were just pieces of machinery, easily replaceable. Knowledgeable and experienced investors are devalued and even ostracized, while those who know nothing about investing are promoted.

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    Lord Abbett & Co.2014-04-13
  4. "Opportunity for those who want to work hard (and late)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in Jersey City, NJ
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Lord Abbett & Co. full-time for more than 3 years

    Pros

    Strong pay packages, driven culture, collaborate culture, smart people in many areas; This is not a firm where poor performance is tolerated very long, which is a good thing if you are ambitious and want to be rewarded for your hard work and thinking like a leader

    Cons

    opaque nature of partnership; location (for those not living in NJ); lack of product innovation. The business is strong today, but could face eroding revenues if they cannot recognize shifting demands of clients in terms of product offerings

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    Lord Abbett & Co.2012-07-25

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