Politics, red tape, office gossip. It depends where you land (NH, London, HH)
Pros
- Good compensation for either FTE or contract staff. Bonus is "ok" for financial services company, if you consider the economic climate and how boring the products actually are. - You can select the office location, either Northampton or Canary Wharf for management, more locations for non-management staff. - The colleagues are well educated, very social, friendly/polite and from good backgrounds. Capable. - There is a lot you can learn within the payments/credit card industry.
Cons
POLITICS: The amount of politics is mind-blowing. Barely anything gets done unless it goes up and down the entire hierarchy. Decisions-making, product-development and strategy processes will take ages. I have spent 1 year in this company and we as a team have not delivered anything so far. PRODUCTS Credits cards cater for a specific market and customer segment. Future of payments technology and processes is a question mark. Strong competition from all sides, i.e. which are more innovative and interesting/appealing to customers. Work attitude People are hired to get warm bodies onto seats and to keep them busy (at least trying to keep them busy). Nothing significant gets done in BC Global or BCE.
