employer cover photo
employer logo
employer logo

Virginia Retirement System

Is this your company?

Virginia Retirement System reviews

3.9

68% would recommend to a friend

(33 total reviews)

Robert P. Schultze

81% approve of CEO

63% positive business outlook

Virginia Retirement System has an employee rating of 3.9 out of 5 stars, based on 33 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Virginia Retirement System employee rating is in line with the average (within 1 standard deviation) for employers within the Government & Public Administration industry (3.6 stars).

Reviews by job title

33 reviews
4.0
Aug 16, 2019

cool

Recommend
CEO approval
Business Outlook

Pros

pay, the schedule was flexible

Cons

hard work, constant change and management

1.0
Feb 1, 2019

Great mission, bad work environment

Recommend
CEO approval
Business Outlook

Pros

Good benefits, great co-workers, meaningful mission

Cons

IT senior leaders don't respect their employees, frequently yelling, demoralizing and placing blame, creating a hostile work environment.

5.0
Sep 7, 2018
Recommend
CEO approval
Business Outlook

Pros

The VRS Investments Department is a professional investment shop that manages over $72 billion, and has done so very successfully for decades. The team is highly skilled and deeply experienced. Nearly every team member holds a CFA charter, a masters degree, and/or a PhD (4 on staff as of today). The culture is very collegial and team-oriented. There are ample growth opportunities in either the external "manager-of-managers" groups or to manage equity or fixed income assets hands-on with either of the two in-house portfolio management teams. The turnover is extremely low, with many having worked here together for 15+ years, which should tell you something about the work environment and employee satisfaction. The pay is very competitive, including annual incentive comp, and the benefits are excellent. The work-life balance is much better than what I hear from my peers in the industry. Richmond is simply a fantastic city to work and raise a family in.

Cons

The other reviews I've read here are mostly from the Administrative side of the Agency, with the exception of one Investments intern who clearly was unhappy. We try to help build careers through our internship program (which, by the way, is extremely competitive), but it is sometimes difficult to create enough work to satisfy everyone given that we have a small, highly focused staff. I can't speak to every aspect of the other non-Investments departments at VRS, but I know everyone at VRS is talented and works very hard. The culture overall is very positive. It is certainly about much more than pretty posters hanging everywhere (as a previous reviewer posted). I really think the negative reviews posted here are unfounded and, largely, ridiculous.

Viewing 25 - 27 of 33 Reviews

Glassdoor has 43 Virginia Retirement System reviews submitted anonymously by Virginia Retirement System employees. Read employee reviews and ratings on Glassdoor to decide if Virginia Retirement System is right for you.