Pros

At FINRA you can learn a lot about the way the industry works. Examining unique situations and different companies helps increase ones knowledge of the industry and the regulatory element. This firm is a great way to pad your resume, and give you the tools and knowledge you will need to become more successful on the other side of the industry. If you want to learn a great deal of information and how the financial industry works then this is the job for you, but don’t stay to long because FINRA is a launching pad for better opportunities on the other side of the market.

Cons

Down sides of working at FINRA consist of, an abundance of travel. 1/3 of the year is spent away form your home in a hotel. Benefits appear to be drying up, promotions, incentive compensations and raises, will be cut in the upcoming year, because FINRA spends more money then they bring in. Poor leadership at the top of the company and poor communication to all employees about changes coming down from top management. No reward given to out perform other. Salary, raises, promotions and bonuses are based on years of service, not quality of service. No rewards for hard work, show up and complete your job and bring home a paycheck.

Advice to Senior Management

Reduce travel for employee so they do not spend 1/3 of the year away form home

Promotions, incentive compensations and raises should be based on work and performance, not on years of service given.

Communicate with the staff about changes and news coming down from top management.