AllianceBernstein reviews

Unfortunately now with Lean initiatives all of the ground work has been diminished by setting the expectations to unrealistic highs with the remaining staff responsible for achievement. Morale is on the down hill slide and the comfort of job security is all but eradicated by the downsizing actions. Senior management is not listening to their staff nor give any indication they care except to throw out some menial recogntion programs that they force staff to participate in. Almost 18 mos ago talented staff were given different titles and increased responsibility with no compensation and told they were lucky to have their jobs in this market. They manage by intimidation and the cracks are growing!!

Compensation has been slashed or just going nowhere. Morale is pretty low-everyone is getting tired of trying to do the impossible for less money for a couple of years now. Performance is just not there in terms of keeping institutional clients or bringing in more. Leadership just does not communicate that much.