2.0
Aug 15, 2008
Former employee
City of London, England
Recommend
CEO approval
Business Outlook
Pros
There aren't too many, nice building, nice enough people, pretty safe in terms of you may never lose your job during the credit crunch,
Cons
It's for average performers because it's not a meritocracy. One usually progresses based on time worked. It can take up to 12 years for a half decent promotion, and that's to another average position. Not really a place for self starters who want to move fast through the chain. Also there are way too many job titles & the structure is very very very unflat - i.e. lots of AVPs, VPs, etc. No matter what you do, you will find yourself at the bottom of an extremely long food chain.