Provide 401K and don't need to rotate on weekends
The operation guidelines undergo weekly updates, aiming to create an appearance of thorough regulation. While the intention behind meticulous record-keeping systems is commendable, the practicality is often lost amidst overwhelming workload demands. Employees find it challenging to complete their daily tasks and maintain meticulous system recordings, even within extended hours. Compounding this issue is the hierarchical structure that places frontline bankers at the lowest tier, leaving them vulnerable to arbitrary deductions in performance points by back-office personnel. This lack of autonomy and inability to defend oneself against such deductions creates a sense of unfairness and frustration among employees. Furthermore, the system's evaluation criteria seem to disproportionately penalize individuals for subjective reasons, such as perceived lack of respect, leading to additional deductions and potential loss of bonuses. To foster a healthier work environment, it's essential to strike a balance between regulatory requirements and practicality. This can involve revisiting and refining operational procedures to streamline processes and reduce unnecessary burdens on frontline staff. Additionally, establishing transparent and equitable mechanisms for performance evaluation and feedback is crucial for boosting morale and fostering a culture of mutual respect and understanding
A - Salary & Benefits | C - Culture | A - Management | F - Coworkers
Salary - A | Culture - A | Management - A | Coworkers - A
Pros: Complete system, large scale, complete training system, good employee care, good benefits, multi-year vacation, home office, union travel
Cons: Limited room for advancement, insufficient salary increases, and too detailed division of labor
Salary - A | Culture - C | Management - B | Coworkers - C
Pros: Extremely flexible working conditions. Beautiful new downtown Buffalo office location. Generous benefits package, including parental leave. Generous time-off. Progressive culture.
Cons: They are constantly restructuring and changing strategies every few years. They talk big game about well-being but will eliminate the positions of top performers who have years of expertise, with no warning, right before the holiday season. They are moving more and more FC compliance jobs to "centers of excellence" in non-US countries to cut costs - despite employees in those places not having the appropriate training, expertise, and support to succeed. Their tech support for systems access/issues is dismal. Few opportunities for career advancement or even lateral moves.
Salary - | Culture - | Management - | Coworkers - B
Pros: It's a job. Needed one another time.
Cons: Poor training was given for role
Salary - D | Culture - B | Management - | Coworkers - D
Pros: Great people to work with.
Cons: Pay range is on the lower scale compare to other firms of similar size.
Salary - A | Culture - A | Management - A | Coworkers - A
Pros: All good nothing to add
Cons: No problem at all till now