"Toxic environment. Chronic employee turnover, particularly among good employees who eventually come to realize the lack of meritocracy within the organization, and lack of accountability for senior management. Utterly incompetent management (which owns/controls the company due to the partnership structure), who promote and surround themselves with 'lapdog' managers/department heads, who won't question them and who will do whatever asked, irrespective of what it means for clients. Clients' best interest is often an afterthought. It is hard to justify the existence of this company's equity business, which offers utterly mediocre products, and which over the past decade pushed out most if not all of the professionals committed to fundamental investing and research. The fixed income business' top product is a 'Short Duration' product that has generated good returns by investing (among other things) in high yield bonds in a fund benchmarked against a lot of products that look a lot more like money market funds. An example of what is wrong with Wall Street."
"I've worked for Lord Abbet for just over a year and have found it to be a challenging yet exciting experience. It's a highly collaborative agile environment. The work involved solving complex problems where I was the sole UX designer."
Lord Abbett has an overall rating of 3.0 Average Rating out of 5, based on over 2 Lord Abbett Review Ratings left anonymously by Lord Abbett employees, which is 23% lower than the average rating for all companies on CareerBliss. 50% of employees would recommend working at Lord Abbett.
Lord Abbett employees earn $65,000 annually on average, or $31 per hour, which is 2% lower than the national salary average of $66,000 per year. 2 Lord Abbett employees have shared their salaries on CareerBliss. Find Lord Abbett Salaries by Job Title.
50% of employees would recommend working at Lord Abbett with the overall rating of 3.0 out of 5. Employees also rated Lord Abbett 2.5 out of 5 for Company Culture, 4.0 for Rewards You Receive, 2.0 for Growth Opportunities and 2.0 for support you get.
According to our data, the highest paying job at Lord Abbett is a Head of IT Operations at $175,000 annually. Browse Lord Abbett Salaries by Job Profile.
According to our data, the lowest paying job at Lord Abbett is a Contractor at $39,000 annually. Browse Lord Abbett Salaries by Job Profile.
According to reviews on CareerBliss, employees commonly rated the pros of working at Lord Abbett to be People You Work With, Person You Work For, Rewards You Receive and Way You Work, and cons to be Company Culture and Growth Opportunities.
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