Does Providence Equity pay their employees well?

According to anonymously submitted Glassdoor reviews, Providence Equity employees rate their compensation and benefits as 4.2 out of 5. Find out more about salaries and benefits at Providence Equity. This rating has been stable over the past 12 months.

How satisfied are employees working at Providence Equity?

77% of Providence Equity employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Providence Equity 3.3 out of 5 for work life balance, 3.7 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Providence Equity?

Associate (7) , Analyst (2) , Managing Director (2) , Principal (2) , Vice President (2)

What are the pros of working at Providence Equity according to real employee reviews?

"Great culture and great place to work" ((in 7 reviews)); "Strong culture and intelligent colleagues" ((in 3 reviews)); "Good people generally, reasonably generous firm." ((in 3 reviews)); "Benefits are a plus." ((in 3 reviews))

Providence Equity Reviews

4.0

77% would recommend to a friend

(37 total reviews)

Jonathan M. Nelson

89% approve of CEO

59% positive business outlook

Providence Equity has an employee rating of 4.0 out of 5 stars, based on 37 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Providence Equity employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

37 reviews

3.0

16 Sept 2013

Good firm but returns have been sub par lately.

Vice president

Recommend

CEO approval

Business outlook

Pros

Good people generally, reasonably generous firm.

Cons

Culture has taken a negative turn, no open discussion, heavily dominated by the CEO.

2.0

16 Mar 2018

It could be worse, definitely could be better!

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Employees are taken care of in regards to benefits, retirement plan, and office amenities. (Insurance premiums were paid 100%, 4% 401k + 11% profit sharing, snacks and drinks for all) Well known and established company. Providence Office - gym for Providence Equity employees only, lunch for certain levels New York Office - lunch for everyone

Cons

You have to be dedicated to your career first and personal life second. You are expected to be available around the clock. Poor culture - If you make a bad first impression, you will be ostracized by many. Definitely a boys club, very cliquey. Recognition is saved for the favorite employees, others get thrown to the wayside. Divided culture. No training or development opportunities. Managers are not trained in how to manage a team.. some need to learn the basics. Unclear future.

2.0

24 Mar 2015

Want to hate coming into work everyday? Work here.

Analyst

Recommend

CEO approval

Business outlook

Pros

good pay and benefits. The people are smart and work hard.

Cons

Has been suffering from sinking performance. The top performers are leaving at a steady rate. There is v. little diversity in mgmt. Office culture leaves a lot of be desired. Backstabbing is encouraged and people conspire to get others fired and the people that are doing this are also getting promoted. Could explain why different depts never collaborate with each other. Sr leaders and HR are oblivious to the low morale (or do not care, which is even worse). Mgmt in need of overhaul.

Providence Equity Response

8y

I take your candid feedback quite seriously and assure you we care deeply about our employees, current, former and future. Certainly, we strive to ensure all employees are treated fairly and as the firm evolves, so to do our fellow team mates. That means some decide to move on all together and for others, it means taking on new opportunities within PEP. I’d love to hear more about your experience and see if there are ways we can improve our process . Please feel free to reach out to me directly. Feedback like yours helps keep us accountable, so thank you. -VP, Human Resources

Viewing 1 - 3 of 37 Reviews

Top companies for "Compensation and Benefits" near you

Moody's

3.6★Compensation and benefits