Bank of America

Good work-life balance. Good insurance benefits. Good for a person to settle for a relaxed life.

Poor management. Doesn't recognize employee potential.

We do understand that firing employees is important for cost-cutting (firm's health).

However, even at normal times (when a project is completed), as a first option, try to redeploy permanent employees rather than just firing them. The indirect costs are much higher.

This doesn't encourage creativity and innovation. Rather, it encourages politics (among employees). The work won't progress, but everyone just tries to retain some core part of the work.

Mislead managers so as to extend projects. I saw several of my colleagues doing this.

A six-month's work is extended for 1.5 years, creating havoc by a team of 7 (heavy upgrade and maintenance costs).

It takes years to build culture and days to spoil it.