Prudential Investment Management – “Maybe jobs in Newark are ok, but Roseland is just as bad as it could get...”

Pros

Days off, benefits, 401k, thats it.

Cons

Absolutely no opportunities for growth, management gives out promotions based on how long you have been with the company as opposed to your performance. Current structure is such that for you to get a promotion, a person(s) above you should leave; and with 99% of management or senior associates not leaving, you would need to wait for 3 years for a promotion, and a promotion to a senior associate comes with a $3000 raise, less than a bonus, which is pathetic itself.

The only good thing could be you getting in here, getting some experience and moving out either to another group or another company.

Advice to Senior Management

Look into the structure of the group, promote people who do good work not those who have been around the longest, encourage more mobility within the company, pay good bonuses, the current ones are like a spit in your face.