Pros
- Large recognizable company - Decent place to launch a career for the first couple years - Plenty of entry-level opportunities available
Cons
- Among the lowest paying financial services firms in Boston - Work is not challenging or fulfilling, with lots of downtime during the day - Amount of work for most entry-level employees is rapidly decreasing due to a huge push for automation of procedures - Promotions are mostly based on seniority; your effort and enthusiasm toward the job does not count for much - Employees are constantly being shuffled around (my desk was moved multiple times in 2011) - Senior management is condescending; seems like most department-wide communication from them is either a lecture or a threat that something better get done - Management also provides no incentives for employees to go above and beyond - Mandatory that you pay money to wear jeans/dress casually on Friday, as much as $5 - Difficult to advance your career once at the Associate 2 level, even by moving to another part of the company
