AllianceBernstein reviews

Company performance is in the gutter and management is taking it out on lower-level staff with pay/bonus cuts and massive layoffs, constant management re-shuffling, outsourcing of many jobs to India, IT staff lacks diversity, salary compensation is terrible compared to other firms, very bureaucratic, career growth depends on contacts/network within management, Compliance regulations are very unorganized, VERY FRUGAL department heads dont like to spend a dime on improving infrastrcuture - hiring developers from India instead, very wasteful, depressing work atmosphere, no happy people, no extra-ciricular staff activities, lack of pride among workers, internal audit are a nightmare to deal with, telecommuting is frowned upon even with great remote-access infrastructure, too much emphasis on appearance (strict business formal dress code), boring people are the norm.

The salaries are lower than the competitors and bonuses are lower as well. AB needs to do better with their compensation.