• Job Security: From multiple layoffs to impromptu sporadic terminations for “realignment,” this is not the place to work if you’re looking for a place to spend your career.
• Practices in Layoffs: This company demonstrated during layoffs that they do not care about the human spirit. In one round of layoffs, they called people who were on PTO, some on bereavement, to let them know that they were terminated.
• No strategic vision: Senior leaders, specifically in the consumer bank, have literally been quoted as saying, “We are going to play Wack-a-Mole…” in a consumer all hands referring to how there is no vision on what was going to be implemented or worked on for the year. This permeates from the top.
• Shortcuts: For being a financial industry, you would think that there would be minimal shortcuts taken when it comes to regulatory requirements. Shortcuts are not just allowed, they are welcomed with the amount of mismanaged work passed on to individual contributors.
• Benefits:
o PTO: PTO is on par with most similar institutions in terms of allotment, however, if you don’t use them, you lose them, to include at resignation.
o Insurance: 1 medical plan that doesn’t cover a lot of medications and procedures you’d be accustomed to at a major firm.