Comerica

  www.comerica.com
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Comerica Reviews

Updated Jul 16, 2014

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All Employees Current Employees Only

3.1 191 reviews

67% Approve of the CEO

Comerica Chairman, President, and CEO, Comerica Incorporated and Comerica Bank Ralph W. Babb Jr.

Ralph W. Babb Jr.

(85 ratings)

54% of employees recommend this company to a friend

Review Highlights

Pros
  • Work-life balance is promoted, you cannot take your work home with you(in 21 reviews)

  • Company matches your 401k, good benefits, and also able to purchase/sell PTO(in 16 reviews)


Cons
  • HIGH sales goals- Comerica needs to expand in order to reach(in 8 reviews)

  • senior management rarely visible; surprising for a three state bank (can't really count AZ and FL)(in 7 reviews)

60 Employee Reviews Back to all reviews
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    • Culture & Values
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    Good place to work

    International Trade Finance Banker (Current Employee) Detroit, MI

    ProsGood benefits, good base salary for a bank, lot of growth potential, good work/life balance.

    ConsMany layers of management, not sure who I report to. Management changes often either moving up or out the door.

    Yes, I would recommend this company to a friend

    • Culture & Values
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    Room for growth, heavy sales pressure

    Customer Service Representative II (Current Employee) Dallas, TX

    ProsWork-life balance is promoted, you cannot take your work home with you. Personal growth and on the job training are great. Some are lucky and get a great office culture. Insurance benefits are not that expensive and are worthwhile. Free program for weight managment and mental health calls. Decent 401K plan with up to full 4% match

    ConsHigh turn over can lead to lots of over-time, management change is hard for customers to accept and some employees may struggle to adjust. If you do not succeed on your sales, you will have trouble moving up.

    Advice to Senior ManagementHeavy sales pressure leads to poor customer service and stressed out employees. Goals may be too high for some.

    Yes, I would recommend this company to a friend

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    Comerica Bank Review

    Anonymous Employee (Current Employee)

    ProsGreat people
    Opportunity to make a life-long network of friends
    Hard work is rewarded, not so much with salary & bonus, but with respect and promotion opportunities

    ConsAntiquated technology
    Cumbersome to get things done at times

    Advice to Senior ManagementN/A

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
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    Underwriting Associate

    Underwriting Associate/Credit Analyst (Current Employee) Century City, CA

    Prospotential to grow in long term

    Conslower to average compensation compared to peer

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    I have been with Comerica for almost six years, and I have felt rewarded and challenged throughout my career.

    Anonymous Employee (Current Employee) San Diego, CA

    ProsGreat benefits, 401k plan, medical, dental, PTO and sick time. If you do well you get rewarded. I won a 2 night stay anywhere in the US, at participating Hyatts.

    ConsComerica is a very large company, but they have very few departments in San Diego which restricts career path options if you don't want to leave San Diego.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Good but not great

    Anonymous Employee (Current Employee) Auburn Hills, MI

    Pros1. Good support from Manager
    2. Extremely talented team members
    3. Eager to learn new tools/technology
    4. Hard/smart work environment
    5. Since it is a bank, many holidays to enjoy only if you are full time employee.
    6. Good benefits

    ConsNothing specific. Every work place has some or the other deficiency, need to learn to live with it.

    Advice to Senior ManagementNone.

    • Culture & Values
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    Conservative company. Opportunity to move within the company.

    Anonymous Employee (Current Employee) Detroit, MI

    ProsGood benefit package. Collaborative work between divisions to get things done.

    ConsPromotion process is not slow and painful. It takes more than outstanding work. You also need a boss that will fight with HR to justify it.

    Advice to Senior ManagementThere needs to be a more transparent path for promotions.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Consulting at Comerica

    Project Portfolio Consultant (Former Employee) Auburn Hills, MI

    ProsGreat people across the board

    ConsToo many fiefdoms competing for IS resources; the silos may be gone, but the picket fences are everywhere.

    Advice to Senior ManagementConsolidate IS as much as possible to improve integration and velocity of projects through Project Portfolio.

    Yes, I would recommend this company to a friend

     

    Conservative but well worth it!

    Anonymous Employee (Current Employee)

    ProsThe credit card promotions are great and there are plenty of ways to make extra cash by doing your job. Their focus on diversity.

    ConsVery conservative bank, technology is not advanced.

    Advice to Senior ManagementWork on career growth for employees.

    • Culture & Values
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    Great Platform

    RM - Commercial Banking (Current Employee) San Francisco, CA

    ProsAbility to do deals, strong credit culture yet collaborative and persuadable. Merit based advancement opportunities. Lots of opportunities to grow within organization for driven people, particularly for those with marketing skills.

    ConsNo BDOs so deal flow is dependent on the RMs and/or senior management. Pay is below industry averages as are bonuses, but that may be in exchange for having historically better than average work-life balance arrangements.

    Advice to Senior ManagementIncrease incentive compensation, and change from annual to quarterly.

    Yes, I would recommend this company to a friend

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