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Oaktree Capital Management

Engaged Employer

Oaktree Capital Management reviews

3.6

49% would recommend to a friend

(206 total reviews)

Armen Panossian, Robert O’Leary and Todd Molz

66% approve of CEO

56% positive business outlook

Oaktree Capital Management has an employee rating of 3.6 out of 5 stars, based on 206 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Oaktree Capital Management 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

206 reviews
2.0
Nov 3, 2021
Recommend
CEO approval
Business Outlook

Pros

Bottom line is that there are still "some" good people who work at Oaktree.

Cons

I think there is a huge disconnect with upper level management and reality when it comes to compensation. The executive committee still thinks they can pay early 2000's type salaries/ bonuses in today's job market. When upper management is approached by this topic, the political response has always been "research has shown pay is not what keeps employees happy". When employees hear that, the perception is, "we rather pay you the bare minimum so we can fill our own pockets." The fact that pay doesn't bring happiness might be true in some cases, but the discrepancy is so wide it can't be overlooked. We all work in this industry for a reason and we all have families to feed. When pay is this far off from market comps, the decision to leave becomes very easy.

1.0
Jan 11, 2020

In Decline

Recommend
CEO approval
Business Outlook

Pros

Benefits, work relationships, a stable environment to work in

Cons

Few opportunities for internal movement, if you're stuck with a bad manager, move on quickly. There are a lot of "managers" who serves no real purpose at the firm, and most of these managers do a poor job managing their team. Be careful about what you are promised, words mean very little to this firm. Get everything in writing. Don't expect years of good work to count for anything. The company's goals are aligned with clients and employees are seldom rewarded for good work. If you just want a job and don't mind being in a stagnant career for the rest of your career, Oaktree is a good place to land yourself. Office politics sucks and 100% influences your movement within the firm. So start sucking up early, because it will likely be the reason why you get promoted or are denied a promotion down the road. The good people tend to leave quickly, at least that's what I noticed there. Extremely high turnover in certain groups, our team faced nearly turned over in its entirety during my time there.

1.0
Nov 21, 2017
Recommend
CEO approval
Business Outlook

Pros

Above industry compensation, benefit and 5-weeks vacation days. Easy repetitive work, do not require challenging knowledge.

Cons

Very low morale amongst various departments. A lot of new senior management are directionless, a lot of politics games. Many knowledgeable officers level left the firm, and new officers only care to cover up their own lack of knowledge.

Viewing 7 - 9 of 206 Reviews

Glassdoor has 238 Oaktree Capital Management reviews submitted anonymously by Oaktree Capital Management employees. Read employee reviews and ratings on Glassdoor to decide if Oaktree Capital Management is right for you.