There are newer employer reviews for AllianceBernstein

Poorly compensated, Good Work/Life Balance

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Business Analyst
Current Employee - Business Analyst

I have been working at AllianceBernstein

Pros

There is a good work / Life Balance at AllianceBernstein.
It is a typical nine to five job without too much stress.

Cons

You are poorly compensated at Alliancebernstein. Many people leave this company to go to other companies which pay much more.

Advice to ManagementAdvice

Management should work on it's compensation and promotion program for all employees.
There are HR programs that pay lip service to it but no real action.

No opinion of CEO
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  1. Once upon a time it was a brilliant place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at AllianceBernstein

    Pros

    Great (London) location, lovely office space (for now), one or two great people managers and lots of very smart, collaborative and frienldy colleagues who share knowledge pretty well. It's a small enough company not to have the glaring fiefdoms and politics you can find in larger organisations.
    A good place to work if your department is generating revenue (i.e. fixed income). Not so good if you are a cost centre, whatever value you may add.

    Cons

    Endless, relentless downsizing, aka redundancies. Cost reduction is king at the moment, but to be fair, if you're one of the lucky ones that are still there then the quality of life (apart from more work to go around fewer people) is still pretty good. All depends where you work.
    Not much money being spent on innovation (especially technology) - much more focussed on getting rid of wasted expense, of which there was plenty in the boom years.

    Advice to ManagementAdvice

    Communicate more of the bad news to your staff - we know it's out there and silence just fuels the rumour mill. We like the good stuff too, btw.

    Doesn't Recommend
    Disapproves of CEO
  2. Difficult environment

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AllianceBernstein

    Pros

    Some people are entrenched and safe but it's not an innovative of invigorated environment. There are some good people, but relatively few. Benefits are pretty good.

    Cons

    Technology is fragmented and generally unpleasant. There is limited mobility and a lot of bureaucracy. Very much a clubby environment, not somewhere for innovation of growth. It's purely old money management. Unless you're an equity researcher, it's not the place to be.

    Advice to ManagementAdvice

    Change with the times.

There are newer employer reviews for AllianceBernstein

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