Pros
You will learn what a toxic culture looks like.
Cons
Too many to think of. I worked in the back office for a year. My original expectations weren’t high starting with the interview, when the VP of the company told me how I could become a millionaire if I stayed with them for 15 years and how he’s now the boss of the guy who originally hired him and how he doubles his salary. He insulted my 3.4 gpa and then proceeded to give me the job offer for a financial advisor assistant job. A couple weeks later, I got a call from HR saying that he wants me to come back in and interview for a $12 an hour paying equities specialist role which I reluctantly agreed as I needed an internship. When I started, I was surprised that almost everyone who worked there was also new with the exception to maybe 3-5 people who seemed miserable. They start you at 30k a year (which is a joke) and that won’t change for at least a couple of years despite what lies they tell you. I was moved to salary after I graduated and was told that I would be compensated more than my peers because I had so much potential and passed my series 7 and was offered $30k. I guess the manager never expected that I was smart enough to determine that this was the starting pay for any full time post graduate for this position. Not only that, but I was now required to come in on Saturdays and also work an extra hour a day, so in reality I was being paid around minimum wage considering overtime. Things got progressively worse once I passed my series 7 and was given more and more responsibilities without changes to my compensation. I was then forced to participate in pointless classes and expected to study for them outside of the 8-6 working hours. One of the classes was a speech class that required you to memorize a horrible cult-like speech that they give to their clients about how they “guarantee” their investments and was taught by a crazy old lady who had no business teaching anyone. If you made any mistakes, she would belittle you in front of your group. It got so bad that many people in our group would just quit their job. I was so happy to leave this horrible place and join a company that appreciates my work. I would not recommend this place to anyone, in any circumstance.