Pros
Benefits benefits benefits..... 401k (GSRA) - 3% matching all employees (cliff vesting - 3yrs) "Pension Plan" (RA) - employer contribution varies by age - Age 30-40 is good for 9% (cliff vesting - 3yrs) RHSP plan - for 2015 they will match 100% dollar for dollar up to $600/yr HSA - for the family coverage, they deposit $1000/yr on your behalf (this carries over each year and is portable upon separation) PTO - 23 days/yr (for employees with < 5yrs of service) + 2 floaters + 7 paid holidays Variable comp can range from 0 - $$$$$$. bottom line? -performers get PAID.
Cons
Technology and integration is really lacking which propagates an environment for all kinds of inefficiencies. However, I've realized that TIAA-CREF generally compensates their employees better than other firms, role-for-role. This variance somewhat offsets the additional time and energy that their employees have to put forth to get the job done. Additionally, it seems that managers and directors fear repercussions for firing employees. I don't know how they get away with it, but this firm is home to some of the most lazy people on this planet and they've managed to maintain their employment for decades, with no end in sight. The quality and reputation of this firm rests on the shoulders of the employees and I think TIAA-CREF could benefit from a more decisive, impactful approach to management and oversight.