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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
Jun 3, 2016
Recommend
CEO approval
Business Outlook

Pros

Great pay, much higher than anywhere else for same role. Very bright and accomplished people around me. Ambitious plans. Nice food, nice locations. I really loved living in Westport, but it's not to everyone's taste (or budget).

Cons

The culture is definitely a downer for the vast majority of people. The idea is for everyone to help each other improve, which sounds great in principle. Sadly, in practice, every diagnosis meeting starts with the premise, "Maybe you're not the right person for this role or this company", and it becomes very hard to be objective and open about weaknesses when your livelihood is on the line. (The location makes this worse, since many people move to work at Bridgewater and are isolated from their home networks and alternative jobs. The long non-compete and the insular culture exacerbate this.) Culture is dominated by bright people with limited experience, leading to a lot of "good ideas" that are actually just repeating old mistakes made elsewhere. The same bright people are encouraged to be somewhat deaf to new ideas from others. I found myself acting the same way, honestly; it was very hard for me to hold my independent point of view in the middle of that culture.

2.0
Jun 7, 2011
Recommend
CEO approval
Business Outlook

Pros

The compensation and benefits are extremely competitive. The free food and coffee are great. The people are all really smart (or appear to be). Other than that I came away with pretty much nothing good to say about the place.

Cons

The CULTure is absolutely insane. On paper, Ray Dalio's principles sound like a great ideas, and they were a big part of why I took the job. The reality is that not all people are hyper-logical and able to show no emotion when given criticism, especially if that criticism is politically motivated. The place is trying to grow way too fast, and Dalio's concepts can only really work in a small group setting. They will never scale to a larger company, and the reality is that the place has all the usual politics that any organization of similar size will have. Noone trusts anyone, and their absolutely paranoid approach to both physical and technological security is holding them back from making progress in the IT department, which is easily the worst disaster I've ever seen or heard of in my career. Nothing is automated, and every last trivial decision gets "probed" endlessly, making the simplest decisions take forever. There is a "shadow culture" among the consultants, too, and this is sad: they hire "subject matter experts" and then don't trust them, since they aren't employees. I talked to a lot of old-time geeks like myself who were there to do what was asked of them, take the $$, and get out, even if they thought what they were doing was strategically wrong for the company. This was especially true of the IT consultants. BW is reinventing every single IT wheel, and most of them are coming out square. If you're considering this place, read all the reviews posted here on glassdoor.com, and read the ENTIRE principles document on the BW website. Those are just good ideas, they are the law in that place, and the degree to which you will be successful at BW depends on the degree to which you can live these principles, with no exceptions. You need to be sure you understand what "radical transparency" means, too. Be prepared to have your weaknesses documented and exposed for the entire company to see. if you're lucky, you might end up being a case study video that everyone is required to watch for further indoctrination. If you have a conflict with someone senior to you, they can get rid of you pretty easily by getting you to admit that you have a problem with one of more of the core principles. This is politics as usual, and precisely why I only lasted a few months (which is not that unusual). For someone who can drink the kool-aid and adopt the culture, the place might be a great fit (lots of the people there for the long run did seem pretty happy with their jobs, but maybe they just came to terms with it, in order to take home the $$).

1.0
Jul 21, 2015

Avoid! You have been warned...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay is pretty good. People who know nothing about the culture tend to be impressed if they see it on a resume.

Cons

Sadly, too many to name. If you are a free-thinker, this place will be torture. The lack of diversity at the company is truly startling. Almost completely white, male and from privileged backgrounds. Absolutely crippling non-competes. Honestly, there is too much to say about why you should avoid the company. I would urge you to reach out to former employees who can be candid with you before accepting a position!

Viewing 10 - 12 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.