Carlyle Sucks Customer Reviews and Feedback
The Carlyle Group is an American multinational private equity, alternative asset management and financial services corporation. It specializes in corporate private equity, real assets, and private credit. In 2015, Carlyle was the world's largest private equity firm by capital raised over the previous five years, according to the PEI 300 index, though by 2020 it had slipped into second place.
Former Employee - Dispatch Supervisor says"When the recruiters post that the company is growing in a certain area. It really means that they’ve lost many people and need to rehire. Especially in their sales department. The turn over rate is high. Can’t really get ahead without being behind someone big."
says"Bad management, siloed, disorganized, low growth opportunities, below market pay, extremely political, bad hours, outdated technology, very insular culture, list goes on..."
Staff Accountant says"There are a lot of positive reviews on here which play up how great it is to work as a staff accountant at the Carlyle Group, which makes me wonder if they've been written by HR or recruiting. There are always jobs open in these areas because there are always people leaving. Why? First of all, no work life balance. Even for an accounting/financial reporting job, work life balance is poor. Second, the culture within the fund accounting department is terrible. Teams are responsible for unreasonable amounts of work with no support structure and poor educational resources. Finally, and most importantly, is management. They do not care about their people as long as deadlines are met and no one is actively jumping out a window. It's honestly shocking how apathetic they are."
Current Employee - Anonymous Employee says"Extremely toxic environment in IT. Back stabbers everywhere you look in IT. Forget about succeeding based on your performance. HR is in on it and supports certain people across several departments unconditionally especially some old timers in accounting and IT. The employee review process is completely broken. You can't leave honest feedback because they turn around and tell everyone. Open door policy does not work for the same reason."
Anonymous says"Management is toxic. "old school" mentality. HR does lip service to the company and does not step in when they see something wrong. Promotions go to those who are favorites not those who deserve it No work life balance. Core business hrs 9-6. Unable to take PTO"
Former Employee - Anonymous Employee says"The culture is very toxic. Everyone is out for themselves. The people the founders have put in charge of the company do not care about the employees. The money has been decreased to nothing. Unless you are well liked, you will not move up in the company and your comp will reflect it. Founders care more about Washington Monument than the employees who work for them. It is strictly for the 1% and white men."
says"HR management terrible Supervisors don't communicate Long hours Work load 50+ hrs week"
Executive Assistant says"it's worse than high school. If you are in the "cool" clique, you are golden. If you question what is tasked of you because you want to learn more, watch out. They don't like it when people want to ask and learn. HR needs to well, be an HR department and look out for their employees. I had a situation where a boss was asking me to some personal tasks. I'm not talking getting coffee, either. How about sending his underwear back to Ralph Lauren or go to his condo and let contractors in. When this came up in a meeting w/HR, I asked HR who was liable if I was in a car accident, since I was technically not doing Carlyle group. It turned out Carlyle would NOT be liable. When I pointed out that should probably not being doing these tasks, I was given a severance package and asked to leave. There other VP's that treated their assistants worse and it's all swept under the rug. I watched these VPs, burn out associates in a matter of 6 months, fire them and bring new one's on. They have no concept of work-life balance unless it pertains specifically to them or if you are a member of the cool kids clique."
Former Employee - Associate Asset Manager says"Hours are brutal, no flexibility and unreasonable expectations from top leadership"
Current Employee - IT Developer says"micro management more pressure more pressure micro management"
Maintenance Assistant (Former Employee) says"This company is the worst to work for. When you get older they find anything they can to get rid of you. Even when you have worked for them for years and even helped your supervisor who don't know how to do your job . Please advise everyone not to go there. Cons: They clock you out for lunch take from your pay even when you don't get lunch."
IT Service Desk Technician (Former Employee) says"Did not like my experience working for this company. To much bias and management wasn't helpful. They didn't have balance work culture. Was glad to move on. Would not recommend this job to anyone."
Property Maintenance (Current Employee) says"it is hard do do your your job the they want everything done now but won't go get parts,or buy any thing unless you fight for it. i have never work like this they want thing done for free."
Property Manager (Current Employee) says"I learned a lot from the business. You never knew which manager to go to and they didn't just micro-manange they wanted to be your babysitter. Very indecisive. They would tell you one thing and another manager would tell you something different. You never knew if you were coming or going."
Junior Analyst - Fund Management (Current Employee) says"The Carlyle Group is a brand name that attracts highly-motivated and ambitious people. Your fellow workers are the best part of working at The Carlyle Group. It is important to understand that there are two silos at Carlyle, the Investment teams, and Investment Services. The Investment Professionals working across Carlyle's private equity funds are some of the best in the business and can expect a dynamic and rewarding career. Unfortunately, the same cannot be said of the Investment Services side of the business. While the Carlyle brand continues to bring in high-quality personnel, this side of the business has been neglected for far too long. The technical systems are woefully out of date and are in a constant state of change as the company frantically tries to cut down on manual processes that its peers have been doing automatically for the best part of a decade. There is next to no potential for advancement or mobility in the company with many mid-level employees holding the same roles for many years at a time. This frustrates the best and brightest who inevitably leave. The mid-level managers that are left behind are overtaxed and under qualified. The workplace culture discourages asking questions and the workflow seems to be one fire drill after another. I would suggest this to people looking for the first job where the expectation is that you work here for 2-years, get the prestigious name on your resume and then leave. If you are looking for a long-term career option, I would look elsewhere. Cons: Lack of opportunities for advancement, Culture discourages asking questions, Overtaxed and under qualified middle managers, Systems in a constant state of change"
Fund Assistant (Former Employee) says"Friendly environment, not very diverse, long hours, I had only a temporary job not really familiar with the career growth prospects Cons: not very diverse"
Human Resources Assistant (Current Employee) says"Good comp., solid benefits, opportunity to work with intelligent professionals. Located in a prime area of of D.C. and a role within this company gives you access to top private equity insight and a diverse network."
Executive Assistant to Managing Partner (Former Employee) says"The Carlyle Group is a very fast-paced, competitive environment. Each day was a different experience. You had to be an excellent self-starter and have the ability to multi-task and be flexible."
Manager (Former Employee) says"Great pay & bonuses, offers pretty standard benefits, nothing exciting. Siloed depending on which group you work in. Not a very social atmosphere. Not much flexibility."
Account Analyst (Former Employee) says"Small office offers quiet work environment. Coworkers are easy to get along with. Pay is on the low side and benefits weren't great. Office is in a great area of West Hollywood."
Accounting Associate (Former Employee) says"The company overall is great company to work for if you are a recent graduate and love working in a fast pace accounting department. However, work long office hours often there until 12am or later during month closing and audit season. Co-workers are pleasant but not welcoming to new employees. Promotions can be awarded within the first year of working for company. But on the downside turnover with employees are high, most leaving within a 2 year time span. Cons: office politics, cliche co-workers"
Executive Assistant to the Director (Current Employee) says"Interesting workplace culture. Diverse and friendly. High pressure environment, deadline oriented. Working overtime is a must. Salary and benefits are great for the most part."
Machine Operator (Current Employee) says"Ok place to work. Maybe too many hours weekly. Turnover is fairly high causing the additional hours weekly. As management hires more employees the hours should return to normal. Cons: Long hours"
Fund Assistant (Former Employee) says"Gave me great insight into a feild that I didn't know much about but sparked an interest after being there a few months. Very team oriented environment and was able to make many great connections. Enjoyed coming into work everyday."