1.0
Oct 31, 2015
Former employee, more than 5 years
New York, NY
Recommend
CEO approval
Business Outlook
Pros
The hours are decent and the on-site cafeteria is a perk.
Cons
Despite an emphasis on employee feedback and 360 Reviews, upper management pays absolutely no attention to the results. Senior Vice Presidents are essentially in tenured roles and get away with anything. Impossible to move up the chain unless you come from the outside or are tight with former failed Lehman execs now at AB. Since moving to a peer in the industry, it's clear AB places no emphasis on rewarding performance. There are traders who click a button to execute a trade that are compensated similar to portfolio managers managing billions of client assets. It's not what you know, it's who you know.