Vantaggi
-Before Covid there was a decent work life balance to take work home; post-Covid the firm embraces work from home to save on real estate costs and attract a wider talent pool. It’s almost employee choice now to pick remote or hybrid. -Benefits are competitive with a healthy cash balance pension (starts at 4% of salary) and 401k match (4%) and health plan provides affordable and coverage is pretty good too. -Bank is good for someone already established and experienced in their career. The company really needs them so these folks can really set their job terms, desired salary, work preferences, etc.
Svantaggi
-Lack of Long-term Planning, Inadequate Resources, Inadequate Staffing, Aggressive or Unrealistic Goal Setting, Reactive Management Culture, Inconsistency between Departments and Policies. -The company throws people, money, resources at a problem without a thorough plan which leads to constant and never-ending changes. I witnessed this through 5 years of services in 3 Lines of Businesses. They do a poor job of retaining, developing, and grooming personnel. Training is non-existent even for long-term employees let alone new employees. I’ve watched many new people leave after a few months to a year. There is high attrition for anyone under 2 years of service. -Employee engagement and employee recognition is atrocious. promotional opportunity is non-existent for anyone looking for merit-based opportunity. You have to be a crony, suck-up, or be really really lucky to get promoted. -Post sale of the Consumer Bank (UnionBank) to US Bank, there will be a much smaller company with much less opportunity for those seeking it. -Bank is not a great place to start a career, get broader experience, or come to get promoted. It’s very very transactional and may be okay if you need steady employment/pay and just a “job.”