Pros
Compensation package runs ahead of industry and regional average.
Cons
Let’s take all the programmers who need privacy for focus and cram them into an open space bumping elbows with each other and surrounded by chatter, foot traffic and other distractions. Let’s not explain to them at all the reasoning for this move or seek their input on the matter. Let’s bring in armies of Accenture consultants with little experience in US banking and value their input more highly than current staff with multiple decades of experience. Let’s build up a nontechnical project management department that outnumbers technical staff 3 to 1. Let’s make project plans and the dates therein more important than functional applications. Let’s apply blanket security policies to lock the developers out of all servers including the dev and test environments. Let’s require multiple pages of documentation for even the most minor software change and require announcing said change at a mind-numbing meeting only held once a week. Yeah, that’s a strategy for happy, motivated and productive developers who believe in the company’s technology vision and wish to help it to success. Just probably not on this planet.