Ontario Teachers' Pension Plan Reviews

Updated 24 Mar 2020

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3.8
60%
Recommend to a Friend
72%
Approve of CEO
Ontario Teachers' Pension Plan President & CEO 	Ron Mock
Ron Mock
69 Ratings
  1. "A great place to work."

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Member Services in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ontario Teachers' Pension Plan full-time for more than 3 years

    Pros

    -Respectful working environment that prioritizes the right values -Feel heard, change is encouraged, management is approachable -Low turnaround, so you really get to know your colleagues over time -Job offers just the right amount of challenge and predictability -My department has a lot of freedom in terms of how we operate on a daily basis

    Cons

    -Flex day not available for many new hires and departments (treatment of staff not consistent across Member Services) -Can be very strict about when breaks or lunches are taken

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    Ontario Teachers' Pension Plan2018-04-14
  2. Helpful (1)

    "Good business but old fashioned"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Approves of CEO

    I have been working at Ontario Teachers' Pension Plan full-time

    Pros

    -Caring family culture (albeit with very strict parents) -Good compensation and benefits -Low stress environment -Strong and healthy business

    Cons

    -Old fashioned Theory X and hierarchical management style/structure prevalent. -Reluctant to embrace modern practices, processes and technologies - Flexible working is a dirty word.

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    Ontario Teachers' Pension Plan2018-04-15
  3. Helpful (2)

    "Weigh the risk & reward"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Services in Toronto, ON
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Ontario Teachers' Pension Plan full-time for more than a year

    Pros

    Company has outstanding reputation in the industry Lots of things to learn Competitive compensation

    Cons

    High turnover with no respect from management (116% turnover in my team within 12 months) Most work focuses on format instead of content Lots of bureaucracy and complacency, resistance against change and improvement Cutthroat expectation and deadlines Nepotism and favoritism Lots of people in management position started from intern and have no experience / knowledge about outside world

    Ontario Teachers' Pension Plan2018-04-12
  4. "Nice place to work"

    4.0
    Current Employee - Anonymous Employee 

    I have been working at Ontario Teachers' Pension Plan full-time

    Pros

    Close to everywhere in GTA

    Cons

    Can't think of many other than slow promotional cycle

    Ontario Teachers' Pension Plan2018-03-27
  5. "Short-staffed and overworked"

    4.0
    Current Employee - Anonymous Employee 

    I have been working at Ontario Teachers' Pension Plan full-time

    Pros

    - Great Culture, very respectful and accommodating management

    Cons

    - Short Staffed - Becoming bank like

    Ontario Teachers' Pension Plan2018-03-08
  6. Helpful (7)

    "Dominated by people who started as intern and never saw the world outside"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Ontario Teachers' Pension Plan full-time

    Pros

    Work/life balance. Perfect location.

    Cons

    Dominated by people who started as intern and never saw the world outside. Low quality work by a closed group of people. New ideas are not really welcome.

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    Ontario Teachers' Pension Plan2018-03-01
  7. Helpful (5)

    "PCO"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Ontario Teachers' Pension Plan

    Pros

    Nice work environment, good management team, great team, I worked with very smart people. Company also hire lots of coop students to give them a chance to gain some work experience

    Cons

    Location is far for me, lots of staff turnover, policy is very strict

    Ontario Teachers' Pension Plan2018-01-29
  8. Helpful (3)

    "Best place to learn the investment business in Canada"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Ontario Teachers' Pension Plan full-time

    Pros

    Global exposure to direct and indirect investing in just about every asset class. Risk concious but still looks for innovative ways to maintain its top tier performance. Excellent programs and focus on developing junior professionals. Generally great people that are smart and not super-political. Compensation is competitive at mid level positions and lifestyle is very competitive. Location is free of distractions and TTC accessible.

    Cons

    Very low turnover so advancement is limited past a certain level and you need to advance to get get paid more. Tenure has as much, or more, value than performance. HR is very locked in terms of its talent management program and not always aligned on what is required to be a successful investor, so difficult for mid career professionals to jump the queue. Senior management sponsorship is an absolute requirement for advancement but made more difficult by the constant changing of departmental heads. Desire to drive collaboration and constant tweaking to the comp system has led to lower individual accountability and confusion around "what do I need to do to get paid/promoted". As the plan matures, a risk-focus will , necessarily, take away from the returns-focus leading to some change in what has been a great culture. Location makes meetings and networking very inconvenient and makes for a long commute for anybody south of Eglinton.

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    Ontario Teachers' Pension Plan2017-12-31
  9. Helpful (1)

    "Investment team"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Negative Outlook
    No Opinion of CEO

    I have been working at Ontario Teachers' Pension Plan full-time

    Pros

    -Lots of autonomy -Friendly and smart colleagues -Supportive culture (no backstabbing)

    Cons

    -Bureaucracy has multiplied in past 3 years -Complacent culture - focus on legacy and status quo -Limited advancement - more focus on tenure/age than individual performance -More focus on PR than actual investment results -Management inconsistency and instability - continual change and reorgs

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    Ontario Teachers' Pension Plan2018-01-14
  10. Helpful (9)

    "Becoming more like a bank, and not in a good way"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager 
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I have been working at Ontario Teachers' Pension Plan full-time for more than 10 years

    Pros

    Mostly good people, who want to deliver and move the company forward Fast paced Lots of opportunities

    Cons

    Bank culture has taken root. Blame game and favorites playing. Some are held accountable while others seem to be teflon and take credit for success but pass failures to others A lot more turnover than in previous years. Lack of insight into how to attract next-gen worker. Work from home is discouraged and for the most part, technology isn't there to make it happen Empowerment is a word used, but not really followed through on

    Continue reading
    Ontario Teachers' Pension Plan2017-12-14
Found 155 reviews