Pros
Company history/reputation, size (50,000+ staff globally), appears to be committed to Corporate Trust business, knowledgeable and competent management and great benefits. The performance review process has been drastically improved. Merit increases, although small, are consistently based on performance. When economy took a turn in 2008, management announced zero merit increases the following year(s), to avoid lay offs. Employees respected management's decision and stayed loyal to the company until the market improved. Was fortunate to be given 9 months notice that my position was being eliminated.
Cons
Limited opportunities for career advancement in smaller locations. Tiny merit increases, even when company's financials are good and employee overall performance rating is Exceeds Expectations or Outstanding. Management does not like to hold on to solid employees with many years of experience. It's sad to see all that knowledge walk out the door and the work is left to less-competent employees with little or no experience. Constant management changes and shifting of groups. Company stresses balanced work/home life, but difficult to attain.