Pros
- Hard workers will be afforded ample opportunity to take on challenges, expand their expertise, demonstrate thought leadership. This can open new doors very quickly for these individuals. - Hands off management culture benefits those with high motor. -Work/life balance is as advertised.
Cons
- There has been a shroud of complacency over the business for years. A string of bad acquisitions post-crisis and an increasingly disengaged controlling shareholder created a rudderless ship that new management is attempting to unwind/rebuild. - Organizational bloat has strained the culture and stretched resources too thin. Possibly one of the worst revenue/employee ratios of any financial services/technology firms out there. As a result, the best people wind up dragging the worst along with them, but management is incapable of compensating them anywhere near adequately as there are 2-3 employees employees tasked with work that better organizations assign to one. Ultimately, the top quartile employees move on, and the business struggles to get any momentum from both a product development and revenue growth perspective.