Pros
If you want to settle for 10-20 or 30 years, then probably this is a very good place for you. There are plenty of opportunities to move across different areas if you want broad understanding of how banking works. Individual performance pay in equity, which is usually 1.0 - 1.5 times your salary per year (though, you can cash each equity allocation on the 4th year only; e.g. in 2021 we had equity "air-drops" for our 2017 year's performance). Usually 5% annual salary increase (lower this year, due to covid). Option to subscribe to corporate retirement programme (they withhold 1% additional of your brutto salary, the bank gives you extra 2% of "free" money and invests total of those 3% into stocks) - however you can't pull this money out before 55 years old or so, but good for long term thinkers. Compensation for professional trainings. Visits to conferences to enhance your professional growth (no travels due to covid in 2020-2021, of course, but usually we travel) Additional "winter" vacation of 1 week (in addition to your default 4 weeks) of vacation. You are eligible for this kind of vacation after 1 year of working in the bank. You can take this vacation from January through April and then it burns. 3 "health" days for unpredictable health related situations or for planned health treatment activities. Usually we take these out during Christmas. Special discounted interest rates for employees for home loans. For this year (2021) we've got additional temporary health insurance due to this unstable covid situation. You can grow your network by a lot. Next company you move to will probably already have some of your previous colleagues :) Frequent org structure changes create opportunities for career growth.
Cons
Way too many structural changes in different units during last 2 years. I work in a back office and in my unit every 6 months literally there is some new org structure. Hopefully it stabilises now, but we'll see. For some positions there is a risk of burning out. However, I'd attribute it more to individual factor and how close to his/her heart the person is taking things. A lot of work. Often more that you can digest. Higher management listens to your feedback and proposals, but anyway they do everything their own way, and sometimes complete opposite of what you might think. From my perspective, there are relatively random people in higher management. Often they do not have support from "plain workforce". I also do not see that there is anything I can learn from those people in higher managerial positions, so I do not take them as true leaders really.