Pros
Subsidised good quality office canteen on the fringes of Belgravia. Good opportunities for development only if you wish to learn.
Cons
Mis-managed organisation with very old fashioned and bureaucratic values. Bullying and intimidation are deeply rooted in their culture where every Manager steps over the person below. Bloated and opaque organisation with thousands of people with very long titles that produce no deliverables; most of which are Italian. Forget any career path or progression; your position and starting salary will remain the same irrespective of how long you stay with annual 2% rise being the only expectation (unless you're Italian of course then the world is your oyster!). Nominal bonuses and the way these are allocated remains a mystery. HR department and processes work on a case-by-case basis which means that discrimination, bullying and favouritism are rife. Meritocracy does not exist in their books; promotions are through political connections or what they call "sponsors" in the higher echelons of Milan. Generally speaking how well you get treated depends on your "origin" and if you happen to be unlucky enough to be sponsored on a Tier 2 visa in the UK they'll do everything they can to block your Indefinite Leave to Remain application so you can remain their slave. Disgraceful and dishonest practices are deeply ingrained in the way they do things.