Don't get stuck on a team with inattentive managers or a high demand client. You will be miserable and micromanged - Recensione dipendente - Fund Accountant presso Gen II Fund Services

3,0
24 mag 2023
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

It's a great place to learn the basics of PE and get in the door. I've definitely learned a lot (mainly because I seek knowledge on my own and ask questions) being here. Overtime pay on top of the LOW base salary does help take the sting out of this MEAGER pay. Exposure to great clients. (if you are lucky) If you are on a big client you will get a lot out of it. Take in as much info as you can. $25 lunch stipend and $35 dinner stipend if you work late. Ubers home if you work past 8pm in office. 3 Days WFH (still don't understand why this job isn't fully remote but 3 days are OK) 401(k) match. Decent company events. Fun so far, but give me the money instead. Ha! Recommend for those just starting out/graduating from college. From what I've seen, they do seem to try to promote people they like quickly internally if you are the winner of Gen II Survivor. People have become directors here in 6 years time. They have a "3-2-1" policy that you are home for 3 days, work in office 2 days, and can work from anywhere in the world for one month remotely. Benefits medical/dental are standard but still can be do much better. Cigna is OK but not the best out there. Trying to be fair those are the pros.

Svantaggi

The compensation is EXTREMELY low compared to the industry. It is NOT competitive no matter what the bot under this post tells you. It's almost insulting. If you work on a team that has a lot of overtime you may see this differently because you are paid for overtime, but even with that it is STILL not industry standard pay for the long hours. Don't be mad about it... get your experience and LEAVE like everyone else here does. It's like they expect to have high turnover so they don't invest in FA's training at all. They throw crap on the wall and whatever sticks... sticks. High turnover is still an issue here. I've seen people be here for a month and LEAVE because they got little support on their teams and felt overwhelmed. You are given a week of "boot camp" training, and while they do their best, once hired you need additional training and you may not get it depending on the managers on your team who expect you to perform PERFECTLY without being adequately trained, while their mistakes are 🤷🏼‍♀️ Oops... our bad.... still gonna blame YOU for it. I have to also believe that managers and directors here are not adequately trained either. I believe many of them have never effectively led a team to anything but attrition, but I digress. Client focus. This can be a good or bad thing. Most times they fail to set boundaries with a lot of these clients so they make ridiculous requests at the drop of a hat. It burns out the managers and that translates to mistreatment of the FA's in their charge. I get that this is a business and we are in the business of pleasing clients, but it shouldn't be at the cost of employee work/life balance here. Set healthy boundaries. I've also never been part of a company that is as stingy with PTO as they are. You only get 15 days as a FA. That is also ridiculously low. They just recently increased that from 10 days believe it or not. 🤪 Don't even think about getting a human response from the bots in HR. They clearly work for the company to protect their interests and don't give a care about anything else. Their responses are often cold and extremely tone deaf. The office I work in is something out of a 1980's movie about Wall Street. It is a extremely undesirable and uninspiring space to be in. A con is definitely this "hybrid" nonsense they are forcing on employees because they signed a lease for dreary terribly lit office space and have to justify it by making us miserable by coming in... only to stare at the same screen we could have stared at... AT HOME. Oh and that 3-2-1 policy... you'll get pushback for even attempting to ask for it. It's like pulling teeth and the Borg HR team didn't even have a official protocol in place to administer it for their employees when they announced it. It was like pulling teeth getting it approved.

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Risposta di Gen II Fund Services
2y
We appreciate and value all of your feedback – we listen to each person to help us identify areas to improve (we are not chatbots!). We believe our 3-2-1 hybrid work model is giving our people flexibility they need - and when present in the office we encourage collaboration and building trust and relationships with our colleagues. We are currently developing a new training and development program that will cover technical skills, live professional skill development for both employees and managers, discovery sessions to learn more about the general industry, and mentoring to provide the on-going learning support needed to successfully own your performance and grow your career. Last year, we had more than 300 promotions including 100% of the Fund Administration more junior population. We hope you continue to learn and grow your career with us!

Esplora altre recensioni su Gen II Fund Services

5,0
8 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great place to grow professionally

Svantaggi

During audit and quarter close longer hours

1,0
30 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

You’re able to work with nice people

Svantaggi

This company is ridiculous. They mandated three days in office. Yet? Nobody shows up still but then if you have a dentists appointment you have to let your superior know two weeks in advance. The computers are still absolute dog water. They had a town hall specifying that they’re above 1.35 AUM but yet employees and directors and principals have to continue using laptops from 2007? Make it make sense. The actual software that the company uses is also just terrible and lags for an hour or two at least twice a day. But if you bring it up they’ll just ignore you and then get upset why it takes so long for xyz file to be downloaded. Do better

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