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Bridgewater Associates

Engaged Employer

Bridgewater Associates reviews

3.7

59% would recommend to a friend

(593 total reviews)
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Nir Bar Dea

66% approve of CEO

50% positive business outlook

Bridgewater Associates has an employee rating of 3.7 out of 5 stars, based on 593 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bridgewater Associates employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

593 reviews
2.0
Dec 6, 2014

A very negative experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Starting salary was above average. The training program was well designed. That's about it (I'm not going to include the free food or the Friday afternoon "Happy Hour").

Cons

During my short time here, four people in my department left the company. Three were fired and one quit. The person responsible for training me was one of the fired. He had "lost his box" and was being "sorted". If you're like me, and need to have some sense of job security, stay away from here. Every mistake discovered, no matter how minute, is entered into an "Issue Log". I was once issue logged for failing to capture the letter "C" in the word Complete, when I C&Ped it from one document into another. Had I made this mistake a second or third time, it would have likely been selected for "diagnosis". This is where you have a sit down with a bunch of managers who attempt to "get past your ego" to the root of the problem. The least painful way to get through these sessions is to agree with their assessment that you lack attention to detail, have an insufficient level of paranoia, are inherently careless, and lack discipline. You walk away feeling like a loser, but at least they're in a great mood for the rest of the day. Your workload starts out manageable, and is steadily increased until you're struggling to maintain productivity. You start putting in more and more hours. You start making mistakes, which means more issue logs, more diagnosis sessions, more frustration, more anxiety. You start dreading going to work. Eventually, you're labeled as "not a fit for Bridgewater", and you are "sorted". On the plus side, it was highly amusing listening to kids fresh out of college (with this place being their first real word job) diving head-on blind into Ray's "culture", using as much (by and large) of the BW language as possible.

2.0
Apr 1, 2015
Recommend
CEO approval
Business Outlook

Pros

Smart people, good salary, good benefits, perks like lunch, gym and parties Opportunities to move within company can be good. You will find awesome people there. Principles are great in theory and give a good framework of thinking about problems and common management issues. Will push you to be at your best, testing your intellect and mental fortitude. Best opportunities for success and happiness are far away from the departments where the founder is involved

Cons

Parties and "team bonding" events get excessive- forced bonding with co-workers to "build community" takes even more time away from family and friends outside of work. Managers are expected to attend and it is viewed negatively if managers do not attend. Poor work life balance Parties get out of hand, and no-one really cares... kind of like "Mad Men" in how it operates. Men who are complained about are minimally disciplined, if at all, and excuses made for them. Forced bell curve on performance, requires constant culling of employees. Managers know this and need to plan for it, if you aren't in charge of who gets in the bottom 30% you are 75% more likely to be in there. It becomes a chess game of managers keeping their jobs and "sorting people." Highly successful people aren't good enough. You are labeled within 3 months of your arrival, and if the picture wasn't pretty to them, by whatever algorithm that they are using this week to assess you, it will never be pretty and you will never come out from under any label you get there... It will be on your "baseball card" and follow you to any role for the rest of your career there. Reckless assessment and testing practices, using personality and workplace assessments in ways that they were never intended to be interpreted by people with zero training resulting in hiring and firing decisions as well as opinions of people that are unfounded - rampant confirmation bias. Everyone is compared to the founder and his heir apparent, so if your results are different from them, you are in the red and scores are lower. No perceived value in diversity of thinking, approach, etc. Constant failure and revolving door of Senior Executive team and department heads is depressing... If you can't communicate in their language, good luck uttering a full sentence without being interrupted and negative feedback being recorded for you in their assessment system. No effort to understand one another. Most people just trying to survive by attacking rather than being attacked. Principles are great in theory, but can be manipulated to support whatever theory the better debater needs. And, if something happens that requires Ray to do something he doesn't want to, to stay in line with his own principles and values, he'll just write a new one to justify what he does. The worst part is that Management and the company pretend to be different from every other corporate environment and they fool lots of people who end up being blindsided. Real truth is that they are just as political, scheming, back stabbing and pushing of their own agendas as any other financial institution, but they are full of arrogance and hubris that they are somehow better and more elevated than people at those other companies. Its just all the harder to figure out who you can trust there. You are being watched -- 100% of the time--Through your badges, cameras, computer activity, blackberry, more cameras and all formal conversations are audio-taped. You are encouraged to report on other employees, preferably publicly, but anonymously is OK too and they'll give you lots of ways to do that.

1.0
Oct 16, 2016

Manager

Recommend
CEO approval
Business Outlook

Pros

BW used to pay well over the premium and ends up with a lot the nice and smart people (less than 20%, the other 80% are people who made their careers on poitical BS). I do hear there is an end to it and BW is cutting costs, including the pay.

Cons

This was the single worst place where I have accomplished NOTHING (and it is not the show about NOTHING either). There is a smell of fresh BS every time you get on the meeting and somebody calls out some of the principles, to either stall you or protect their turf or simply, score political points. There are so many stories that I cannot write about, from high-level managers building their cases about team-members, to losing money, projects that deliver nothing after 3 years (like tech renovation or trading), clueless people just playing culture card, etc. Ray is somewhat crazy, compares him self to Albert Einstein, Steve Jobs, just completely out of reality. He proclaimed that his system of collecting the data about employees (dots) is the greatest gift man-kind in history (delusional) while all there is, is a source of people losing their hours looking at "feedback" provided bu other people. Every day. Only graduates, right out of school and not seeing anything else, could call this place a great company to work for. Not because they are bad kids, they just have not seen anything else.

Viewing 4 - 6 of 593 Reviews

Glassdoor has 679 Bridgewater Associates reviews submitted anonymously by Bridgewater Associates employees. Read employee reviews and ratings on Glassdoor to decide if Bridgewater Associates is right for you.