The pay is below market and the bonuses and raises are poor. There is minimal work life balance as it is frowned upon if you do not supersede the firms utilization targets. The Company does not take the time to invest in their employees in reference to training and mentor-ship to prepare them for the next level of promotion. The Company would rather continue to hire from the outside than promote their own people internally. The culture or rather lack there of is very fragmented. Each group does their own thing and even within a single group their is no uniformity or comradery. The "power of the ampersand" is merely a slogan that is in no way the reality of how the groups within the firm work and conduct business. All of the MD's "do their own thing" and judge employees differently based on their own personal working styles and opinions of an individual. There is no consistent performance process to determine promotions FAIRLY and UNIFORMLY but rather you must be favored or well liked by an MD with "pull" in order to get promoted. If you are not an "MD Favorite" you will not be promoted. Plain and simple. Even management is selective on who they interact with and who they don't and do not make an effort to get to know and develop all of the employees under them. The Company also lacks diversity across many many levels and although the Company states they are investing in such efforts, no such results of such efforts can be seen. As with any Company there is red tape and politics. Duff & Phelps is FULL of it. The human resources department appeases you to at least meet with you to hear your concerns and thereafter does nothing with them. There is only change once you repeatedly voice a matter. Lastly, a lot of the MDs here do not know how to encourage and motivate the lower level staff. They are also not well trained or skilled in ho to give constructive criticism. They have their opinion and if you do not line up with how they think you are deemed a poor performing employee. a true leader encourages an employees strengths and works with the employee to develop them in their area of weakness. The MDs here are not leaders, they are simply people whose job is to bring in money to the firm. They are also untouchable meaning they can do no wrong. I have witnessed MDs speak to the employees here in a way that is demeaning , disrespectful and certainly not professional and yet senior leadership has taken little to no action.
