Pros
For the most part it seems that Citigroup's pay and benefits are about average to other large corporations however they are definitely less than some of the smaller Wall Street firms and more than some of the other gloabl banks. As a large corporation Citigroup operates as one would expect a large corporation would however one area they seem to have really focused on and started to provide some significant strides is the Work/Life balance. Just about every person I know working here works from home at least one day a week with some working at an "Alternate Work Location" full time.
Cons
Citigroup operates very much like a large corporation would. politics are everywhere and to get something done takes significant man power, stress, and time. Nothing is simple in a company this big as there are too many layers of management, too many independent "businesses" and "regions". It gets frustrating operating in a hybrid model where some stuff is centralized while others are de-centralized. It may be easier if they picked one strategy and stuck with it. The overall well-being of the employee as a commodity for Citigroup is signigficantly lacking. There is a general lack of respect for common employees in the upper levels of this company's management. CEO and executives are completely disconnected from its employees.