Used to be Good - Anonymous employee CAAT Pension Plan Employee Review

3.0
Mar 24, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Average salary DB pension Altruistic business model Depending on who you got as a direct report, it will make or break your career trajectory.

Cons

Growing pain mode: trying to run before one can walk. Understandable to want to grow the business, but is the system good enough to handle all the customization required to handle new businesses? Overbearing new directors and managers: CAAT has become a top heavy organization with lots of new so called directors who seem to want to impress and make a mark for themselves. This only creates chaos since every Director wanted to do things his/her own way, and decision making process can be a pain in the neck. Unbeknownst to them, some of these new managers/directors are messing workflows up with their crazy ideas. Some rookie managers are insecure of themsleves, useless, and make work more intolerable. If there is an issue, some of these managers are so clueless on how to solve the issue, ask for help/expertise on team members on the guise of 'teamwork', and not willing to get their hands dirty to do work to solve issue or do actual work. All they do is make reports, ask due date for projects, raise risk, and not help team members who do the actual work. Recent shake up with the COO position abruptly terminated and no explanation - classic business move to make everyone guessing what is going on. If an organization can immediately eliminate long tenured COO just like that, do you think they care about other peasants? You be the judge. Cloying teamwork culture all around. CAAT prouds itself as a 'One Team' approach organization, which is true ONLY if some annoying managers need your help. If you ask for help, depending who/which department you ask help for, usually it will be brushed off, or better yet, no response. Go Teamwork!

Explore other reviews about CAAT Pension Plan

2.0
Apr 7, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work from home Defined benefit pension

Cons

Culture of nepotism you will get promoted only if you are well positioned politically No bonus Yearly salary increases minimal and insulting and have nothing to do with how well you actually perform - this will also hurt the monthly pension you actually end up getting, so the advantage of having a DB pension is being eroded No forward thinking, only band aid solutions all the time expectations from employees are becoming insane compared to compensation received Pretend they will give you upward mobility to a better position, but will almost always hire the outside candidate that probably has more connections than you member services are in total chaos - understaffed and underpaid while expected to still deliver stellar customer service HR full of sycophants Departing CEO and 3 other C-Suite executives all responsible for the deterioration of the plan and its supposedly "excellent" reputation

4
2.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Hybrid work model, pension and benefits. Acting CEO is humble, personable and truly wants to get things right again.

Cons

Senior leadership is truly a masterclass in perception management. Some Directors and VPs have perfected the art of favoritism—subtle enough to deny, obvious enough for everyone to notice. Employee departures are always framed as “exciting new opportunities” or “well-deserved retirements.” It’s impressive how consistently this narrative holds, regardless of the pattern. The organization seems to operate on a strong belief that a generous hybrid work policy can compensate for… everything else. Spoiler: it can’t. Problem-solving is particularly innovative here. Issues are carefully passed around like a high-stakes game of table tennis, with the shared understanding that if you ignore them long enough, they might simply resolve themselves—or at least become someone else’s problem. There’s also a refreshing commitment to positivity in feedback culture. Some leaders avoid difficult conversations altogether, choosing instead to provide glowing encouragement directly, while offering more candid insights… elsewhere. It really keeps everyone guessing about how they’re actually doing. All in all, a great place to observe how long strong talent can stay when leadership challenges are treated as optional fixes.

3
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