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      Prospect Capital

      Engaged employer

      Prospect Capital Reviews

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      4.2

      77% would recommend to a friend

      (54 total reviews)

      John F. Barry III

      81% approve of CEO

      79% positive business outlook

      Ratings by category

      4.3

      Compensation and benefits

      4.2

      Career opportunities

      4.0

      Culture and values

      4.0

      Senior management

      3.7

      Diversity and inclusion

      3.6

      Work/Life balance

      Prospect Capital has an employee rating of 4.2 out of 5 stars, based on 54 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Prospect Capital 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

      54 reviews
      1.0
      4 Oct 2016

      Reputation is Well Deserved

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Good people at the mid to junior levels who manage to maintain a good camaraderie while being forced to live in the trenches together. This helps to ease the pain of the overall culture which is set at the top.

      Cons

      Terrible senior management who can't be trusted. Very hypocritical and narcissistic. Reward "loyalty" by forcing coworkers to rat out one another. Overall toxic environment.

      1.0
      16 May 2019

      My spouse told me to not go back after my first day -- always listen to your spouse

      Attorney
      Recommend
      CEO approval
      Business outlook

      Pros

      Micromanagement - you'll be told how to call people on the phone. Massive amount of emails irrelevant to your position for you to spend time reading/ignoring/deleting. More phone time with management than you can ask for. Always being surprised when your bonus gets paid and in what form it takes

      Cons

      Receipt of year end bonus is well after you're supposed to have paid taxes on it. CEO, President and CCO (CEO's wife) collaborate to determine which employee will next be the subject of prolonged public criticism in front of the entire firm for minute and/or imagined work performance issues. Stock and cash components of compensation change radically from year to year with no explanation. Never, Never, Never permitted to sell any of the stock compensation. Family environment = unprofessional treatment of employees; lack of boundaries. Firm's reputation may make it more difficult to find your next job. High turnover.

      avatar
      Prospect Capital Response
      6y
      Thank you for your feedback here and we are truly sorry to hear that you had a negative experience working with us. In an effort to be responsive, we would like to clarify two items: 1) Our bonus structure is clearly detailed in our employee materials which employees receive on their first day. This handbook also details when you are allowed to sell your stock compensation. 2) There is no collaboration between management to publicly criticize employees. We work in a high stakes industry and this often leads to difficult and direct conversations which are required to continue doing business. Our environment is similar to other top investment firms and it is not a fit for everybody. Lastly, we work hard each year to improve our employee experience and are always looking for ways we can make it better.
      1.0
      27 Mar 2017

      Toxic Workplace Filled with Micromanagers

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Only work here if you have no other options.

      Cons

      Non-stop micromanaging, unprofessional, out of touch senior management who don't honor their agreements. Equipment is old, working conditions for mid-level and lower mangement are crowded, and run down.

      avatar
      Prospect Capital Response
      7y
      Thank you for the constructive advice here. We are continuously working to empower employees and make Prospect a better place to work. We still maintain our 360 degree end-of-year reviews as we view that as necessary to provide people the proper feedback to continue improving.
      Viewing 1 - 3 of 54 Reviews
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      ReviewsProspect Capital reviews

      Glassdoor has 61 Prospect Capital reviews submitted anonymously by Prospect Capital employees. Read employee reviews and ratings on Glassdoor to decide if Prospect Capital is right for you.