1) No career advancement whatsoever. You may be stuck in your department for years and as long as you do the same repetitive tedious job and you hit the "metrics" they will like to keep you there.
2) Management is horrible. I can't believe I knew more about my job than my managers. They spend the whole day "working" on projects and micromanaging each and every one of your steps.
3) There is no loyalty to any employee. They downsized a department recently and fired people that has been working with the company for 19 years without trying to accommodate them somehow (This happened in the London office).
4) Out of the blue, your department may just take into a new full set of responsibilities without having the preparation, training and most important, the HUMAN resources to do a good job. More work and more hours but the same pay and don't even dream of a future adjustment.
5) Salary is very low, you will be working here for years and you barely will beat the inflation with the rises you get (2 % if you do get something). You take it our leave it, no negotiation, no seniority consideration, nothing. They know you will get frustrated and leave and they will get somebody for less money and will start the doom cycle all over again.
6) You spend more than 2 years in this company and you career is utterly and completely DONE. Bloomberg is not a financial software standard as they tell you it is, once you go into the financial industry (yes, the real one, not the one they make you believe you are working for) you realize you wasted your time. Is good if you learn to operate the software while working here, but at most it will take you a year to maximize your exposure. After that, please leave and never look back..... this leads to point:
6) If you are getting out of college, and you want to have some exposure to a financial "Brand" you can work here for no more than 1 1/2, 2 years. Get all the knowledge that you can assimilate, drink as much sugar loaded sodas as you can and leave fast! you don't want to get caught in their losers culture nor they "Approach" to bussines.
