Vantaggi
I am sure there are some, though right now I cannot find any. I will have to think on this a bit.
Svantaggi
Loan Resolution Corporation
Contractor for Bank of America
Scottsdale, Arizona
Contractor for Bank of America processing problem mortgages. During my stent at LRC I witnessed 3 major staffing purges that affected Manager -> Associate level “layoffs.” These “layoffs” are worded as (paraphrasing) “due to changes in volume and needs of the company your position has been eliminated.” The truth is, again I have witnessed this, though some of the layoffs maybe because of that and even performance; they have training classes rolling every two weeks. Precedence has proven that they (management) “layoff” higher paid individuals to bring in inexperienced staff to keep cost down. In my case I was replaced by contractors.
This company is required by contract and law to have MOST (the tests and quantity decided by position and law/contract) of its employee’s pass regulatory “compliance” tests. They, though not openly, encourage their employees to cheat on the tests, HR has “answer keys” and there are screen prints with the correct answers on several of their network shares.
Your personal information, secure? NO! The locations of your ssn, account numbers, addresses, mortgage information are all supposed to be separated and on network shares/drives that are encrypted. They advertise as such as well, this is a bold lie. There is NO encryption on their network shares.
Near 1/3rd of the people listed on their “Corporate Info” page no longer work there, including the female director that they keep on the page because it “makes them appear more diverse.”