Used to be great. Current CEO and executive team are wrecking the company.
Pros
Nostalgia for the Roger Ferguson years.Good bonuses and contributions to retirement savings. Good perks like on-site gym, cafeteria and pharmacy. Many good people working there just trying to do their best.
Cons
The last 3-4 years have been more detrimental to TIAA than anything in the previous 100. The current CEO and EC are doing a terrible job. No promotions or salary increases in 3 years. Hiring, travel, and expenses are all on hold. ICs and mid-level managers are completely underwater. Meanwhile the EC and board approve millions in bonuses to Duckett and the other executives. They’ve spend millions on non-value add things like this dress made out of money, a TIAA rap song by Wyclef Jean (that I guarantee isn’t in your Spotify play list), and many other decisions showing poor stewardship of company resources.