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December 09, 2024 12:02 AM

PGIM

Caryl Anne Francia
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    BPTW_2024_PGIM.jpg

    PGIM staffers donned colorful winter garb for their annual holiday party.

    Third Place

    Headquarters: Newark, N.J.

    AUM: $1.33 trillion as of June 30

    U.S. employees: 2,944

    Years Won: 2020-2024


    In their own words:


    “At PGIM, we are motivated by an ambition to shape the future. We value respectful disruption that leads to meaningful change. We believe that the rich tapestry of experiences, perspectives and backgrounds of our employees is a driver of innovation and success. Our culture distinguishes us as more than just a company — but as a community that empowers its members to grow, succeed and make meaningful contributions to the world.’’


    Three cool things:


    • Reimburses industry study programs and tuition annually up to $8,000 for bachelor’s degrees and $12,000 for master’s degrees, in addition to providing $1,000 for wellness-related expenses such as fitness club membership and pet support. Also sponsors wellness weeks to provide training on topics including menopause, men’s health and the effects of loneliness.
    • Provides a 100% match for up to 4% of employees’ contributions to both pre-tax and Roth 401(k) plans, which offer 17 investment options such as a guaranteed income fund and a company stock fund. As with the company’s defined benefit plan, employees are vested into the 401(k) plan’s company match after three years of work.
    • Promotes fun and learning through cultural celebrations for occasions such as International Women’s Day and Asian Pacific Islander Heritage Month, as well as an annual winter holiday that featured photo booths, a karaoke room and skee-ball in 2023. Also hosts an annual summer barbecue on the headquarter’s terrace with live music.

    Employees say:


    • “People like working at this organization because it puts the employees at the forefront of all decisions. PGIM has a people-centric culture where all employees’ opinions, experiences and backgrounds are of value to making us successful. The senior leadership has been at the organization for a long time, but they continue to keep up with current trends and keep us competitive.”
    • “One of the biggest reasons people like working here is the people. We have many long-tenured employees, and that is always cited as a big reason — and I agree. I work with some amazing people. The benefits package is a reason people like working for Pru.”
    • “Mobility within the organization is supported and ample. I’ve seen moves by colleagues, and had my own professional moves to more exciting roles within the business without the prior experience you’d assume necessary.”

    Related Articles
    Prudential names Morgan Stanley’s Jacques Chappuis as president, CEO of PGIM
    Money managers seek young talent to grow their firms
    Managers focus on employee health, preserving culture
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      • World's Largest Retirement Funds
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      • WPS Innovation Awards
      • Influential Women in Institutional Investing 2024
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