Pros
-Great people -Good opportunity to learn/specialize in 1 area. Good for people that are looking to punch in/punch out job -Good vacation/sick day allocation -Open environment, no micromanagement -Flexible schedule -Licensing opportunities for FINRA exams -Good work/life balance
Cons
-Virtually no career path in operations/back office unless you are willing to relocate to NY/NJ. -Full of empty titles/promotions with no monetary benefit. "More work, no pay" is pretty much the theme in my office. Entire divisions of the firm haven't seen meaningful raises or bonuses in years. -Several years with 0 raise and 0 bonus with a consistent 'exceeds' rating. -Local management struggles to keep people motivated. It's tough when you are constantly getting bad/negative news given from division management. -Literally no empowerment given to mid-level management so underperforming employees get away with most anything and rarely are even talked to. On the flip-side, good performing employees receive no/little individual recognition. -Bad/Poor morale-it literally feels like they have no vested interest in retaining employees