At Baird, 92 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 1366 employee surveys, with a 90% confidence level and a margin of error of ± 1.68. It was published on Aug 3, 2017. 63437 Visitors

What Employees Say

I feel good about the ways we contribute to the community.
97%
 
I am able to take time off from work when I think it's necessary.
95%
 
People celebrate special events around here.
95%
 
Management is competent at running the business.
95%
 
I'm proud to tell others I work here.
94%
 

What They Do

We asked Baird to explain what they do. Here is what they had to say.

We are an employee-owned, international financial services firm with more than $171 billion in client assets. We provide wealth management, capital markets, asset management and private equity services through offices and operating affiliates in the United States, Europe and Asia.

About this Company

Website: www.rwbaird.com Industry: Financial Services & Insurance
US Headquarters: Milwaukee, Wisconsin, 53202 US Sites: 129
Major Locations: Chicago, Illinois, 60606; Seattle, Washington, 98104; Denver, Colorado, 80206; New York, New York, 10020; Nashville, Tennessee, 37203; Charlotte, North Carolina, 28209; Dallas, Texas, 75225; San Francisco, California, 94111; Atlanta, Georgia, 30305; Houston, Texas, 77027 US Employees: 3,224
US Revenues: $1,306.9 million Worldwide Revenues: $1,390 million
Employees Worldwide: 3,338 Corporate Structure: Private
Founded: 1919

A long-standing and much loved tradition is Baird Nite at the Zoo, held each summer and open to Baird associates and their families, including retirees.

Perks and Programs

We asked Baird to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Baird Stock: Baird is independent, private and employee-owned. All associates are eligible to buy stock in the company if they meet basic criteria, and two-thirds of associates are currently Baird shareholders. The Executive Committee individually welcomes new shareholders on stage each year at the Annual Meeting with handshakes, hugs and applause.
  • Baird Cares: The Baird Cares program gives every associate two paid days off each year to volunteer for a nonprofit organization of his or her choice. Informally, managers often approve requests to volunteer that take significantly more time and encourage involvement beyond the Baird Cares program.
  • Baird Gives Back Week: Each year, the firm’s Baird Gives Back Associate Resource Group coordinates a week of group events at charities that provide associates opportunities to volunteer with colleagues, family and friends. In 2017, 1,700 people volunteered and more than 6,000 hours were donated to over 130 nonprofits.
  • Flexibility: Baird offers flexibility to associates because it enables them to be their best both at work and at home. Associates take advantage of flexible work arrangements, such as part-time schedules, compressed work weeks or staggered hours, and working from remote/home offices.
  • No Asshole Rule: Baird is so passionate about maintaining its strong culture that it has a “no asshole rule.” The firm does not hire people and will fire people who are disrespectful of others, and screens applicants for indicative behaviors.
  • Associate Resource Groups: Baird associates create programs and advance initiatives in areas they are passionate about through Associate Resource Groups focused on women’s issues, military veterans, diversity, LGBT+ persons and their allies, millennials, the environment and community involvement. Groups provide firmwide programs and development opportunities, and can drive changes in corporate policies and benefits.
  • Intern Benefits: Summer interns receive a paid holiday for the Fourth of July and may receive a day’s pay for volunteering through the Baird Cares program. Long-term interns receive nine paid holidays, tuition reimbursement up to $500 per year, 401(k) and profit-sharing contributions, and consideration for a year-end bonus.
  • Profit Sharing and 401(k: Baird offers associates profit-sharing and a 401(k) matching contribution. While many firms opt to do one or the other, Baird believes offering both is most equitable for all associates and gives every associate the greatest opportunity to be rewarded for their efforts and to plan for a secure retirement. Baird typically contributes 12-14% of the firm’s annual operating income to the profit sharing and 401(k) savings plan.
  • Tiered Health Plan Premiums: Baird associates’ health insurance premiums are based on their compensation level, so that associates who earn less pay lower premiums. There are six tiers and depending on the tier, Baird pays from 97% to 60% of each associate’s health plan premium.

COMPENSATION BY THE NUMBERS

$2000 Maximum match of employee’s 401(k)/403b contribution76% Company-paid health coverage for employees (for 76% is the average of both medical plans and the 6 pay bands)
76% Company-paid health coverage for dependents (for 76% is the average of both medical plans and the 6 pay bands) 70% Company-paid health coverage for part-timers
24 hours Weekly hours required for part-timers to receive health insurance $1,265 Average Tuition Reimbursement
$5,250 Maximum Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k) or 403b Program
  • Employee stock purchase plan (ESPP)
Baird welcomes more than 170 interns each year. The internships expose individuals with many different backgrounds and perspectives to a financial services career they might not otherwise have considered.

WORK-LIFE BALANCE BY THE NUMBERS

27 days Paid time off after one year of full-time employment 22 days Paid time off after one year of part-time employment
24 Days Paid time off as of first day of full-time employment 20 days Paid time off as of first day of part-time employment

WORK-LIFE BALANCE PROGRAMS

  • Flexible schedule
  • Telecommute option
  • Job sharing
  • Compressed work weeks
  • Medical facilities (only at headquarters)
  • Onsite Amenities (Free beverages during the day, personal concierge service, onsite package/mailing service, discount ticket sales, Free Fit Club, hair salon, dry cleaning, banking/onsite ATM, personal travel service, shoe shine, coffee shop, full service restaurant/catering, jewelry store, full service copy/printing, Baird Classifieds sell/purchase goods & services, PerkSpot discounts @ local/national merchants, free parking (select branches), pre-tax parking/mass transit program, access to gym with discounted member rates, onsite showers & locker rooms)

FAMILY CARE BY THE NUMBERS

60 days Job-protected maternity leave (including FMLA/STD) 60 days Fully-paid maternity leave (does not include personal vacation or paid time off)*
60 days Average length of maternity leave new mothers take60 days Job-protected paternity leave (including FMLA)
15 days Fully-paid paternity leave (does not include personal vacation or paid time off)*15 days Average length of paternity leave new fathers take
$5,000 Adoption benefit60 days Job-protected parental leave for adoptive parents (including FMLA)*
60 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Mental health care
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)
  • Fertility treatments

Community and Environmental Impact

16 hours Paid time off to volunteer $4,332,147 Philanthropic donations in last year
$901,088 Total company-matched employee donations in last year Real Estate & Facilities Dir Leads environmental impact team
Yes Recycling program

Diversity

  • Senior Executives is responsible for the success of formal recruiting and retention diversity goals
  • Written policy prohibits discrimination based on (at a minimum) age, disability, race/ethnicity, religious beliefs, gender and sexual orientation
  • Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Under-represented racial/ethnic minority groups; Women; Lesbian, gay, bisexual or transgender employees
  • 8 events a year connect employees with peers from different racial/ethnic, religious or country-of-origin identities
  • Non-birth parents in same-sex relationships can take parental leave
  • Medical care covers gender confirmation surgery

Leadership Diversity

 

Workforce Diversity

 
Associates enhance team building and camaraderie with challenging tasks that also benefit the community.

DEMOGRAPHICS

 
The Kasten and Rupple Awards are Baird’s most highly regarded recognitions for client service and community involvement. Winners are announced at the annual meeting and are surprised onstage by their families.

How to Get Hired

We asked Baird for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

Candidates are great fit for Baird if they are high-performers who share our commitment to working together to deliver outstanding advice and service and being a great workplace for all. Because teamwork is so important to the way we do business, prospective candidates must be able to thrive in a collaborative environment. We want talented professionals who are approachable, credible and easy to talk with. Integrity is paramount, along with a strong work ethic and a passion to succeed. We have a “no asshole rule,” and the following characteristics are also important: a client-service orientation; a willingness to seek win-win solutions and be innovative; the ability to maintain collaborative relationships in fast-paced environments; a long-term outlook rather than looking for a quick fix; a well-rounded perspective; a consistent, pleasant disposition; a sense of humor; an ability to lead and follow; an interest in giving back to our communities.  

What can prospective employees do to get your attention?

Candidates who are interested in Baird can always get our attention if they are motivated, personable and put others before themselves. They should research and understand our firm, especially our culture. While they should understand the responsibilities of the role, it is imperative they know how we do business – we still believe in handshakes and looking someone in the eye. We consider the interview process a two-way street – not only are we interviewing candidates, but they are also interviewing us – so we expect them to be authentic and to ask questions. Additionally, we are impressed with professional, down-to-earth, relationship-driven people who enjoy working as part of a team and are involved in their communities. Candidates may also get our attention by attending and networking at professional association events and at campus career fairs and diversity recruiting events.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

The full-time advertised positions we are currently hiring for are across the firm in our business units and corporate resource groups. They include opportunities in Baird Capital, Institutional Equities & Research, Investment Banking, Private Wealth Management, Public Finance, IT, Operations, Human Resources, Marketing & Communications and Risk Management. In addition to the advertised positions, we are always looking for seasoned talent in the marketplace, adding senior professionals whose skills complement our business strategy and who fit our culture.  Specifically, we are actively recruiting experienced Financial Advisors and Client Specialists in Private Wealth Management. For these positions, we often look for candidates who have industry experience and possess licenses or certifications related to the position (such as the Series 7 & 66, CPA, CFA, and PMI).

What should interested candidates do to find out more and get started?

To see open positions at Baird, visit BairdCareers.com.

hiring Outlook

550 Forecasted positions to fill in coming year 1% Job Growth
52 Average applicants per opening 37,257 Total job applicants
24% New hires by employee referrals 22% Openings filled by current employees
85 Recent graduates hired 7% Voluntary turnover for full-time employees
15% Voluntary turnover for part-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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