Pros
Pension Plan Employee Resource Groups DEI efforts Internal Mobility
Cons
CEO out of touch Layoffs Constant reorgs Tracking the number of badge swipes in office 3 year 401k vest Low compensation Lack of direction and transparency from leadership TIAA has gone downhill ever since the former CEO, Roger Ferguson, left the company. People are quitting and being laid off in droves. You rely on other people to get your job done, but that person ends up leaving or being laid off so your project is never finished. Roles are being eliminated and then sent to their offices in India, and the CEO does nothing but take pictures with celebrities. They started a mandatory 3 day return to office where they track and monitor how many times you swipe your badge and then upload the data to their system. If you fall below 3 days for any reason including vacation or being sick, expect a nasty email from HR threatening termination. For any college graduates thinking about joining the rotational program, it is a disorganized mess, and they are dishonest about compensation. Every single manager for the rotation program has left after a short time, leaving the students without anyone to help them. They also lie to you about the role you end up with after the rotation is complete. TIAA was once a great company, but everyone is jumping ship now, and the future outlook looks horrible.