The company appears to be trying to push mid-range staff (Directors and Senior Directors) out the door
Although the environment is research-oriented, all staff, other than Managing Directors (of course) are being moved out of offices or cubicles to something akin to a trading desk (so long confidential treatment of info)
When people on this board say that compensation isn't great, here's what they mean - raises over the past two years have averaged 2% annually, less than the rate of inflation, so yes, in real dollars, employees are being paid less today than they were two years ago
While employees are being paid less, the workload is growing. That work-life balance thing that other people mention on this board? Yeah, that is increasingly a thing of the past.
I should say that work-life balance is a thing of the past unless you are a Managing Director, in which case you arrive at 8:05 and leave by 3:50. Most Managing Directors don't have analytical responsibility - but soon they will be the only people not working on a shared desk!
And don't get me started on the regulatory environment. While management state that they want Fitch to be a research shop with a rating agency attached, the governments of the world seem to think otherwise. Senior analysts are increasingly jammed between the regulators' requirements around rating reviews and management's demands for more research. - And yes, remember, our pay isn't keeping up with inflation.
