Pros
-Tax exemptions for internationals -Good access to knowledge and international travel -Great brand name on your CV, and good contacts to make to look for further work in the future -At times it can be a crazy amount of work, but still it is much more relaxed than the private sector -Great work for staff members who can practically delegate all their work to consultants and just relax while receiving great salary and benefits --- bad for consultants of course, who don’t receive benefits and may never become official staff members, never ever, no matter how hard they work
Cons
-Extremely bureaucratic and inefficient. Processes are slow slow slow… -Lack of transparency for employee hiring and promotions. -Bank staff takes advantage of contracted employees. Short term or long term contracted consultants don’t get benefits and do most staff’s work and can only work a certain amount of days per year -It only matters who you know inside the bank. Forget about HR or on-line job applications. Practically all jobs are given with inside emails and contacts.
