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Edelman Financial Engines

Engaged Employer

Edelman Financial Engines reviews

3.3

48% would recommend to a friend

(482 total reviews)
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Ralph Haberli

22% approve of CEO

44% positive business outlook

Edelman Financial Engines has an employee rating of 3.3 out of 5 stars, based on 482 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Edelman Financial Engines employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

482 reviews
4.0
Jun 16, 2008
Recommend
CEO approval
Business Outlook

Pros

It is one of the most employee friendly companies that I have worked for. This is shown by the fact that there th average tenure of folks in the Software Development Team is 8 years. The management is really open and communicates very effectively with the employees. The company has a very generous PTO plan with all the standard benefits and 401(K) plan with company match. Also the company has been paying really good bonus for the last few years (yes in this economy!!) The office in Palo Alto also has a game room with Big Screen TV, Wii, Pin ball machine, snooker table & Foosball. Plus we have free soda, juices etc. Hey it's no google, but combined with the work life balance and the benefits I think it is a great place to work.

Cons

We are constantly fighting fires in the Software Development side. There is never a lull period where we can work on good projects. I guess this is the issue with smaller companies where we give in to customer demands always.

5.0
Jun 13, 2008

Fair one

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great people. Great Ideas. Great team work.

Cons

Constant change sometimes feels like churn as opposed to innvovation.

2.0
Jun 18, 2012
Recommend
CEO approval
Business Outlook

Pros

Edelman is a good place to work if you need a reliable job that doesn't take too much of your time. For the most part, you can expect to put in your hours and not have to work overtime, nights, or weekends. Although the company seems to change it's direction quite often (they have been bought out twice, gone public and then private, and have launched and then cut a dizzying amount of different products and services), normally this doesn't affect the average employee's day to day life, making it for the most part a safe and predictable environment. All employees get 3 weeks of vacation/sick time (first year employees will have the time prorated from their start date), and never get pressured to skip vacation or come into the office when sick. Fairfax headquarters staff receive some nice perks including free workout facilities and the occasional lunch brought in for staff, and DC area employees can enter raffles for Nationals tickets and Wolftrap tickets. For the most part the employees are nice and friendly, and it's not hard to get know everyone.

Cons

For those looking to advance their careers, be aware that promotions are rare and usually happen within the same group of about 10-20 people in middle management positions. Client Service Associates in particular (this position makes up a good percentage of the company) are almost never promoted. Although there are always new projects in the works, there is little opportunity to get involved or exposed to anything outside of your own individual responsibilities unless you are well known and well liked by management, almost all of whom work in Fairfax and rarely meet those who work in the satellite offices. Although the hours are predictable, there is little room for flexibility. 9 hour workdays with a 1 hour lunch are strictly enforced, meaning that you cannot take a 1/2 hour lunch or just eat at your desk in order to shorten your workday. There is some flexibility for working either 8-5 or 9-6 (depending on your department), but that's about the extent of it. Telecommuting is not allowed unless you are a financial planner or in the IT department. Raises also seem somewhat rare and usually do not match cost of living adjustments. The company policy is not to give "raises" every year, but to give "merit increases" to those who deserve them. It's a very confusing and subjective standard. The company itself has changed considerably in the last 5-10 years. They have gone from being a small, fun, family-friendly company that didn't take itself too seriously to a large, national corporation with many fewer perks and a much more impersonal feel. There are many layers of management, making it difficult to feel you have a voice or any influence on the policies and procedures that get handed down to you. Perhaps in part because of this, turnover is high. It seems at least once a week we receive an email stating, "the following individual is no longer with the company" (a good example of the impersonal nature of the staff).

Viewing 454 - 456 of 482 Reviews

Glassdoor has 514 Edelman Financial Engines reviews submitted anonymously by Edelman Financial Engines employees. Read employee reviews and ratings on Glassdoor to decide if Edelman Financial Engines is right for you.