Huge gap between upper management and everyone else. - Anonymous employee S1 Employee Review

1.0
Jun 11, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Laid back, people are friendly

Cons

There is a huge disconnect between upper management and everyone else. There doesn't seem to be any direction except to make a sell. A 3-5 year plan has never been given to employees. Everything seems to be by the seat of someone's pants. We hear how we are a small company and only make so much in revenue, but sales retreats are still allowed, people are flown all of the over the world at the drop of a hat, etc.. Instead of trying to cut real costs management seems to think laying people off is the way to cut the bottom line. This does nothing but hurt morale and gets rid of experienced people. People are expected to cancel plans at the drop of a hat and there is no consideration for people's free time out of work. This is not a place to work if you have a family or like to do anything outside of work. Too much dependency is given to people in India who don't have American banking experience. This leads to poor quality and bad coding. Raises are non-existent and there is no pay for performance. Benefits are AWFUL and continuously increase every year.

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5.0
Feb 24, 2021
Recommend
CEO approval
Business Outlook

Pros

Very friendly staff, professional experience very good

Cons

nothing to add much here , it was the best dream job place

2.0
Nov 18, 2010
Recommend
CEO approval
Business Outlook

Pros

Company size, nice and knowledgeable front line employees, fairly reasonable work life balance

Cons

In the last few years, there have been some major changes in management, and not for the better. Employees are frequently pigeonholed and not allowed to train or learn new skills, but those in the "in crowd" are. If you do a job well, expect to be "pigeonholed" and not given the opportunity to move into a different area. Too much focus has been placed on hiring outsourced resources in order to reduce costs. Management in the last few years seems to really enjoy belittling employees and making them feel bad. Praise is rarely given, if at all. A lot of resources are being stretched very thin, but being held accountable when quality suffers. Pay raises have been mediocre the last few years (if at all). Management has also gotten very "top heavy" the last few years (how many VPs does the company need?), while worker bees are being laid off frequently.

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