Pluspunten
In exchange for lower salaries, employees are entitled to more PTO days and potentially flexible work arrangements for better work-life balance, which employees with children may appreciate. Medical, dental, and vision benefits are fairly generous--with employer matching for FSA medical accounts.
Minpunten
The culture, the people, and the technology are all ancient and monolithic. If you're a young professional looking to start a career with people of the mindset and age of nursing home residents, you've come to the right place. Few care about continuing education, or gaining experience or exposure outside of the same job that they have been holding onto for decades. Some can understand little beyond data entry. Expect to rub shoulders with a lot of underperformers who have been coddled by the company (when it was still mutualized) since they were hired out of high school. Salaries are on the lighter side for financial services, unless you're one of the many Vice Presidents or Directors in the bloated reporting structure. Meetings go on for hours with no discernible purpose or results. Mid-level managers frequently have technical experience but no emotional intelligence and were never taught any effective managerial or interpersonal skills. I wonder how many would survive outside the company if they were laid off. When I started, my computer still had Internet Explorer 6. If you hate IBM Lotus Notes, run. Many employees resist migration to newer, more efficient systems and cling onto legacy applications.