69% of the CEO
Pros – There's a lot of work to be done to put the business back on track, so there are plenty of opportunities for personal growth/development. Leadership is strong in certain areas.
Cons – Lots of uncertainty for the future of the business. Press indicates significant downsizing is possible. Has been subject of negative press for the last 5 years and will no doubt be the subject of negative press for years to come. Hard company to be proud of working for.
Advice to Senior Management – Every year it feels like the strategy is changing - make significant changes and get it right, instead of lots of small strategic shifts that have little/no overall impact.
Pros – Good people, good buildings and facilities
Cons – outmoded technology, poorly run organization, constantly getting fined for legal and procedural violation, constantly bleeding money. threat from the parliment in UK, means bad bank with no pay increases, bonus or any acknowledgement of merit.
Pros – comp, benefits, hours, location, employees
Cons – managers, workload, work vs life balance
Advice to Senior Management – take initiative, do not be so politically correct
Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company
Pros – - vacation time; other benefits
- office location if you live in conn or nearby in ny
Cons – - uk power centric and very political and bureaucratic. Change is not simple and voice from other regions is not heard or executed on.
- separation of bonus compensation between have's(each business line and its staff, senior management across all lines) and have-nots (finance, operations, IT, etc..) which results in low morale and unmotivated people
- people leaving and slots are not filled and responsibilities absorbed to already stretched staff or hiring more poorly skilled and unmotivated individuals.
Advice to Senior Management – Please go ahead and break up the company and let investment bank actually be an investment bank so it can be competitive. Otherwise you will continue to see people leaving and no one talented coming back...
Pros – Day to day is good, work-life balance is a plus,
Cons – Constantly donwsizing, restructuring
Commute to Stamford is not ideal
Advice to Senior Management – Consistency and stability would go a long way in satisfying employees
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Pros – Office location and some of the people
Cons – No room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.
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Pros – The employee benefits are really good, but that is about all
Cons – Management is terrible, no vision. The analogy of the Titanic sinking and the crew organizing the deck chairs is very fitting for this company. I have not received a raise or a bonus since I started.
Pros – Great work-life balance. I never worked more than 40 hours per week. Good time off and new parent leave benefits.
Cons – management is all in stamford
No, I would not recommend this company to a friend
Pros – Casual dress. Though if one is picking the bank they work at based on the dress code, are they sure they want to work at a bank?
Cons – concentration on personal fiefs instead of big picture.
Poor management communication. For example, a firmwide communication on process improvement indicated stated goal was to reduce the size of the work force. Nothing like empowering employees to get rid of their jobs. I guess that could be considered a way to engender loyalty and get the most out of people.
Advice to Senior Management – It is now six years post crisis, execute on a clear strategy to get out from under taxpayer ownership.
Pros – Work-life balance is really good.
Cons – They moved to very congested location, which wasted a lot of commute time.
Yes, I would recommend this company to a friend
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