First Midwest Bancorp

  www.firstmidwest.com
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First Midwest Bancorp Reviews

Updated May 8, 2014

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All Employees Current Employees Only

2.8 24 reviews

64% Approve of the CEO

First Midwest Bancorp President, CEO, and Director Michael L. Scudder

Michael L. Scudder

(14 ratings)

60% of employees recommend this company to a friend
17 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good career growth potential

    Anonymous Employee (Current Employee)

    ProsThere is good work life balance, career growth potential, good co-workers and executive management.

    ConsI don't see many cons in my opinion as the company does a good job

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    This was the worst experience of my career

    Learning Coordinator (Current Employee) Itasca, IL

    ProsThere are no pros. This company is not going to be around very long

    ConsPeople are treated poorly. Management is allowed to be hostile and belittle employees and this behavior is supported by senior leaders.

    Advice to Senior ManagementNo matter how much leader trainging you offer, if leaders are still allowed to belittle and yell, and mis treat their staff, then your company will fail. Look at your legacy employees, they are ruining your company. You keep promoted them and they don't have a clue what they are doing. Treat minorities with respect. Don't have a diversity program if people don't have to treat minorities with respect

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Work can be challenging and fulfilling. But old school thinking hinders processes and possible growth.

    Anonymous Employee (Current Employee)

    ProsChicago Tribune Top Workplaces for three years in a row.

    ConsTechnology for employees is behind the times.

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

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    It's not a top 25 workplace (Chicago Tribune) for no reason...

    Marketing Decision Support Analyst (Current Employee) Itasca, IL

    Pros-Rewarded for growth and performance
    -Obtainable promotions and value continued learning
    -Some great management throughout.
    -Small business feel
    -Many staff have been with company for a long time
    -Strong bank in the face of economic hardship
    -Focused on growth and advancement in the market

    Cons-Recent restructuring leave several areas in an area of uncertainty.
    -Some "old school" thinking and executive leadership (beginning to change a bit)

    Advice to Senior ManagementKeep doing what you're doing to further the company and the brand but don't lose sight of what makes First Midwest the choice for it's clients... the valued, tenured staff.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Dissappointing

    Anonymous Employee (Current Employee)

    ProsIt used to be a good place to work

    ConsNot into technology. Management is all about sales and nothing else. Environment in general is all negative

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Decent - Not Great

    Corp HQ Employee (Current Employee) Itasca, IL

    ProsFlexibility is good - but is greatly dependent on your manager.
    Raises have remained at at least 3% - even in sour economy.
    If you work hard, you will have the chance to move up - just not very fast.

    ConsLike anyplace lately - theme is do more with less. Staffs are lean and budgets never go up - but rather down.
    Innovation is not something that occurs here. Slow to market, slow to innovate.
    Silo'd - new executives have done little to change this - if anything, it is worse than in years past.

    Advice to Senior ManagementBe willing to spend money on technology - both for employees and for client facing products. Its 2013 not 1996.

    Realize you can only become so lean before morale and loyalty go out the window.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    First Midwest Bank Ampitheatre

    VIP Security (Current Employee) Tinley Park, IL

    Pros- free concerts
    - work only on weekends
    - meet interesting people/ celebrities
    - decent pay

    Cons- might not get paycheck on time
    - deal with unruly people
    - very loud
    - bathrooms are terrible

    Advice to Senior Managementcleaner bathrooms and please give us our check on time instead of losing it in the mail

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Not up to par with larger banks

    Anonymous Employee (Current Employee) Itasca, IL

    ProsSmaller work environment makes it possible for your voice to be heard louder.
    HR department listens to the employees and seems to care.
    Pretty good benefits.

    ConsLack of resources, technology and people to accomplish all that they want to do.
    People do well based on how well they are liked - politics weighs heavily here and some people are in their positions due to who they are related to.
    There are many "lifers" at this company that don't like change and also don't like the new people that have come in.
    Lack of cooperation, accountability and responsibility from colleagues.
    Lots of blaming/pointing fingers.
    It's impossible to accomplish anything because nobody wants to make a decision, and this includes Senior Managers and Directors.

    Advice to Senior ManagementThank you for hiring more people from the outside. The company needs more new blood, though, especially Senior-level Managers and Directors who aren't afraid to make decisions, take risks and be responsible.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Not the worst place to work, but not the best either

    Position Within the Corporate Office (Current Employee) Itasca, IL

    ProsWorkplace flexibility is something that many take advantage of, depending on the position (i.e. telecommuting, flexible hours). Benefits (i.e. Health/dental/vision) are available to both FT and PT employees. Option to buy/sell vacation.

    ConsBenefits are expensive compared to other comparable companies, especially for PT employees. Paid holidays are the bare minimum (6/year). Pay is lower than similar banks in the area. 401K matching is not very generous. Vacation time does not roll over year to year. Opportunities for advancement are not readily available if working within the Operations sector.

    Advice to Senior ManagementIncrease the 401K match amount to promote more participation and attract employees to save more. Offer more paid holidays. Open more branches/offices directly west of Itasca (in DuPage/Kane counties).

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Place to work

    Personal Banker (Current Employee) Highland, IN

    ProsI enjoy working for First Midwest Bank because there are many opportunities to grow. For example, they offer many training classes through their "university" in which you can improve skills on products, sales, and even communication at no cost. Furthermore, there are opportunities to move up the corporate ladder here and I have always been encourage my management to continue to grow.

    ConsOne of the downsides I would say is compensation. I think the pay is lower than some other banks but compensation for sales goals and health benefits make up for the factor.

    Advice to Senior ManagementKeep up the good work and I would hope you will continue to expand and grow because I would like to see more exposure of First Midwest Bank. I think one of problems is people are not aware of who we are and what we represent as a bank. I think through increasing marketing and expansion First Midwest Bank can continue to be a community bank for more individuals.

    Yes, I would recommend this company to a friend

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