Pros
-You will learn a ton about yourself and develop like crazy (if you can find your groove in the culture) - Generous comp (assuming you're in the right department) and great healthcare - Lots of amazing and smart people
Cons
-comp isn't standardized and highly dependent on your department. There is no universal definition of "impact" to dollars, so people can be paid way more than you, but have much lower expectations. - culture is deteriorating (and there are times that it seems like management is okay with it). It is their right to change the culture, but they should be explicit about it (both internally and to candidates) - Lots of "power" politics at play within senior ranks (people always angling for power/influence). If you're a junior person and your management is on the wrong side of "power", it could hurt your career and internal mobility prospects - The organization is always changing. Every time a new senior manager comes into a role, they almost always completely redesign the team. This is sometimes needed and other times just "another way to skin a cat" or managers thinking that nothing is good, unless they created it. This causes a decent amount of volatility for more junior people. Then, oftentimes when managers "fail", which happens frequently-it just becomes like an "oops"/learning opportunity and there is no accountability or acknowledgement of the chaos/disruption they caused to the team. This chaos oftentimes means people leaving/losing their roles, transferring to other teams, etc.. - very few people can make decisions and every decision takes a long time. The majority of people are just teeing things up for decisions - Level of transparency is decreasing, which sometimes causes distrust is how decisions are made (you can't sense check it for yourself) - They talk a ton about D&I, but the firm is still very white and male. It seems harder for diverse employees to reach top roles (its kinda a "guys" club). Success in the culture requires a certain level of confidence and ability to debate- I think this advantages a certain type of background (that isn't oftentimes a diverse person) - the commute (if NYC based) kills your work/life balance