By far, the most unprofessional work experience. It stems directly from poor leadership and management. HR is completely disconnected from the New York office. When issues arise, they ignore them and bend over backward to protect management.
The culture has shifted dramatically toward extreme micromanagement. At times, it’s unclear whether you’ve joined a fast-growing company, re-enrolled in school, or accidentally enlisted in the military. Despite these new “strategic” tactics, performance is far from improving.
Favoritism is huge here. Only people who say yes to everything and suck up to leadership will survive. Leadership’s communication is unprofessional, rude, and disrespectful. Unfavored employees are targeted for no reason other than to boost leadership’s ego. Feedback is never addressed privately. Instead, they’re aired publicly, often singling out individuals in front of the entire office, creating a culture of embarrassment, rather than development.
From a career growth perspective, employees are set up for failure from the start. Leadership promotions are based solely on numbers and metrics, with little consideration for whether an individual can effectively handle the role or manage people. Also, don’t waste your time thinking you’ll get promoted here. You’d have better odds of winning at blackjack at the Bellagio.
Speaking of metrics, the performance targets themselves are often unrealistic given the types of accounts and clients assigned to the Associate. The strategy appears to rely primarily on comparing historical periods of strong performance and attempting to replicate those results each year, without adequately considering external factors that may influence outcomes. Work is distributed unevenly among Associates, directly impacting individual performance. Employees are frequently overworked and stretched thin, while compensation does not reflect the workload expected. Associates are routinely thrown under the bus so leadership can look good. Performance reviews are brutal. 9 good months won’t save you from criticism during the 3 bad months.
Clearly, there is absolutely no strategic direction or vision for this company. The company covers up losses by letting go of talented employees with several years of tenure and dedication. In short: steer clear! You’ll leave every day mentally drained, wondering why you ever signed up for this circus in the first place.