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Good Team, Bad Pay

Analyst Software Developer
Former Employee
Worked at Bank of America for 4 years
November 23, 2018
London, England
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

Good name on CV. Good benefits (similar to most big companies). Very flexible working hours (regular WFH, gym during the day). Good team spirit and nice colleagues. Very secure jobs. Very strong support for women in technology.

Cons

Low base salary and poor bonuses for perm, with an annual pay rise below the inflation rate.

The annual review process is a joke, with a shady rating system.

Huge hassle to move from Analyst to AVP for very little pay rise.

Hard to move internally; it's impossible if you don't know the team members or manager you want to move to.

Significant amount of offshore colleagues, who can range from excellent to really poor in terms of skills and communication.

Lack of training.

Advice to Management

Simply need to listen to people at the bottom and try to thrive toward something better.

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