Fifth Third
3.0 of 5 505 reviews
www.53.com Cincinnati, OH 5000+ Employees

Fifth Third Reviews

Updated Jun 25, 2014
All Employees Current Employees Only

3.0 505 reviews

                             

73% Approve of the CEO

Fifth Third President, CEO, and Director; President and CEO, Fifth Third Bank Kevin T. Kabat

Kevin T. Kabat

(229 ratings)

55% of employees recommend this company to a friend
156 Employee Reviews Back to all reviews
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    1 person found this helpful  

    Running thin

    Manager (Current Employee)
    Cincinnati, OH

    ProsLarge organization with many local opportunities. The company has some talented people, and some are rewarded for their contributions.

    ConsManagement is running the organization too lean for sustainable success. Many systems need updated, and 5 jobs for every 3 people has some truth to it.

    Advice to Senior ManagementDon't be pennywise and pound foolish.

    Yes, I would recommend this company to a friend

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    High turnover needs no explication

    Anonymous Employee (Current Employee)

    ProsVery aggressive sales and production expectations, you're forced into finding sales opportunities with every customer interaction.

    ConsHeavy micro managing style, giving little opportunity to work autonomously. Very stressful at times. Incentive compensation is pretty lousy, especially considering the emphasis placed on investment referrals/revenue.

    Advice to Senior ManagementReconsider management style and incentive compensation at the retail level. Find a way to bridge centralized underwriting with banking centers. While 5/3 is a strong lending bank, it's difficult to get deals done with very little underwriting authority at the branch level.

    No, I would not recommend this company to a friend

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    5 years

    Anonymous Employee (Former Employee)

    ProsFlexibility, People, Benefits, and Networking

    ConsWages, Sales goals, and Opportunity

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    Incompetant management

    Anonymous Employee (Former Employee)

    ProsCo workers, benefits are okay, bankers hours

    ConsFees fees fees, management has no clue how operations are completed

    Advice to Senior ManagementYou should know how to do every job your manage

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Banks are intresting

    Lead Business Analyst (Current Employee)
    Cincinnati, OH

    ProsRenewed focus on employees, frequent employee engagement activities at least in the IT department. Great experiance, provides challenges on a daily basis that allow an employee to grow and organically enhance their skillset. Great co-workers.

    ConsPay is lower than average and HR is aloof to the fact. Tons of management layers. Even with the many layers of management advancement can take a fair amount of time.
    Banking in general is laden with regulations and rules, so many times doing what should be a simple thing takes 10 times longer and costs 20 times more than it should.

    Yes, I would recommend this company to a friend

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    Micro managed

    Retail Personal Banker (Former Employee)
    Cincinnati, OH

    ProsBenefits, coworkers, and great customer base.

    ConsYou may have 5 different managers telling you 5 different ways to get the same results.

    Advice to Senior ManagementScreen the management before hiring. My manager led me to leave 5/3, and after I left that same manager was let go for the reasons I had already talked to upper management about.

    No, I would not recommend this company to a friend

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    no communication

    Customer Service Representative (Current Employee)
    Chicago, IL

    Prosgood pay, good benefits, nice hours, flexible schedule

    Constoo much movement and lack of stability

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    I love banking, but am disappointed with this corporation.

    Anonymous Employee (Current Employee)

    ProsThe benefits are good--insurance in particular is great. Also the people you work with day to day become like family. I love my branch manager and she's a great tutor--but that can vary by branch.

    ConsI can't remember the last time fifth third has shared something positive they were going to do for their employees. All I hear about is cutback after cutback. A year ago the position I'm in now was salary, and there were 3 part time tellers and 1 full time teller. Now my job is hourly & I have 1 full time teller & 1 part time teller--but am still expected to complete the same amount of tasks...for less money & with less help. It's kind of like a slap in the face.

    Advice to Senior ManagementThe better you treat your employees, the better productivity you're going to get. I chose this company because I had heard such great things and within the last year its been nothing but let down after let down. My best advice would be for management to actually work in a branch for a full week during the first week of the month--with the same amount of staff that we're allowed--but minus one person because there's someone out on vacation and every other office is so short staffed that they can't help you out. I just ask you put yourself in our shoes every now and again.

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    The benefits are great. The atmosphere is cubicle land. Micro-management

    Commercial Associate (Current Employee)
    Grand Rapids, MI

    ProsBenefits are good, and profit sharing is great. They eat a lot. lots of pot lucks and donuts so wear your stretch pants and comfy shoes.

    ConsMicromanagement and favoritism. Prepare to gain about 10 lbs a year. Food is often offered as an award or motivation.

    Advice to Senior Managementyou need to look at how each of your employees function, how they work best and not try to force people into one type of production model. It's not working. Less food...we are all getting obese.

    Yes, I would recommend this company to a friend

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    its ok

    Anonymous Employee (Current Employee)

    Proscreate group of people. Make some really long lasting friendships

    Consconstant changing and escalations never want to help

    Advice to Senior ManagementBecome more employee engaged, physically talk to them, not just email or walk bys

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Fifth Third reviews and ratings — including employee satisfaction and approval rating for Fifth Third CEO Kevin T. Kabat. All 156 reviews posted anonymously by Fifth Third employees.