2.0
1 Oct 2008
Former employee
Quincy, MA
Recommend
CEO approval
Business outlook
Pros
High compensation (which I now hear is gone), a fun work environment between rank and file employees and some middle management. There is some opportunity to advance, but unfortunately that is because the smart people leave. Promotions are based on tenure, so as the smart people leave, the remaining ones automatically move up.
Cons
The senior level management are some of the most incompetent people in business. The key accounts department is a joke. Promotions are made based on tenure and favoritism, not merit. The strategy to grow the business reflects a dead industry model in financial services. Therefore, this company will never grow.