Pros: good corporate culture, family and employee friendly, cafeteria, decent benefits, rec room.
Cons: mature company in mature industry, not to much opportunity for advancement
FT is a double edged sword. I worked there for 9 years until the staff cuts in 2009. The culture is good with a lot of consideration for families, the overall work environment and corporate culture are tops. I found the work interesting as there was a lot of room for process and systems upgrades and projects.
But it is a mature company in a mature – more... industry.
The bad side is that there is little opportunity for advancement. In 9 years I saw only 1 promotion within my department that was not given to an existing manager. And we were a PMO, guiding projects, automation, improvements and cost savings.
The Senior Management is very hands off. Corporate announcements are distributed via email or posted to the IntraNet. While I met with my management biweekly, there were still surprises unveiled at performance reviews. This is not good proactive management. You will have to actively manage your career as it is doubtful your manager will assist you.
There is also little in the way of salary increases unless you are in Portfolio Management. Their method is to give small annual increases (if any) of 2-4% but an annual bonus of 5-15%. So you total annual compensation goes up slowly.
They also devalued employee comp since by raising prices on health benefits and discontinuing stock plan matches.
It is also a dead end technologically. They use a lot of Legacy Systems that have NO application anywhere else. This means that your experience is necessarily meaningful when looking for your next position. – less