-Raises are a joke. There are better paying jobs at their competitors and smaller banks.
-401(k) employee match is 4%, which is the minimum safe harbor match and below national average of 4.7% per Fidelity.
-They're planning to cut $100M of expenses in the next 5 years, so massive layoffs are coming.
-Consistent reorganizations and "lighthouse" layoffs practically every year. In other words, they're always laying off people due to cost issues. However, management never looks at the departments that are causing the inefficiency and where the costs are consistently being added. Their response is to promote the people who are the cause of the inefficiency.
-The average UB employee tenure is 10-15 years who are receiving a cost heavy pension plans. These employees lack competency, vision, accountability, and initiative as they do the bare minimum and wait out their pension payouts.
-Narrow minded employees who don't see the bigger picture and only focus on their little area. They push back when recommendations are suggested.
-Incompetency and lack of accountability at all levels of the organizations. There are Managing Directors who will not put anything in email especially when it comes to their projects being written off.
-UB is a process heavy organization where they think adding an additional process onto an already inefficient process is always the solution instead of evaluating the current process.
-Projects take anywhere from 3-5 years to finish. Once finish, the technology is obsolete and they have to write it off and then they decide to go with an outside vendor.
