I found the people’s experiences are very department dependent. Within the Finance organization and on my team, I found:
1) High Turnover - in the three years I was with the company, the team turned over twice and we were constantly understaffed
2) No work life balance - my manager expected (and then got angry and spiteful when you disagreed) the team to be available nights, weekends and holidays. We were regularly working 60-80 hrs per week throughout the year. In Finance, you have peaks and valleys because of the cyclical nature of the job. In this position, we were constantly overworked and there was no rest, taking advantage of early releases or “turning off”.
3) In my experience, when my manager left, I absorbed his direct reports (from being an individual contributor), but had no increase in compensation or title change. I felt taken advantage of and when I brought these concerns to management, I was told that I shouldn’t expect any change in my pay or title.
4) the department and my manager were not open to change and process updates. We used a very expensive computer system, which was implemented in 2016; however, there was no effort or even a consideration to update our processes and procedures to work within the capabilities of the computer system. Most work was done outside of the system in a program like Excel and then manually forced into the system. Management is Ok with shoving a square peg in a round hole and has no issue with the fact that these manual processes lead to excessive work hours and no work life balance.