M&T Bank

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M&T Bank Reviews

Updated Jul 22, 2014
M&T Bank – US – “M&T Bank”

M&T Bank – US – “M&T Bank”
All Employees Current Employees Only

3.1 247 reviews

83% Approve of the CEO

M&T Bank Chairman and CEO, M&T Bank Corporation and M&T Bank Bob Wilmers

Bob Wilmers

(150 ratings)

54% of employees recommend this company to a friend

Review Highlights

Pros
  • They have great respect for work-life balance, more than anyplace I've ever worked (in 19 reviews)

  • I have never worked at a company where there wasn't atleast one pro until I worked at M&T Bank (in 18 reviews)


Cons
  • HR ignores grievances of labor law violations in addition to M&T Bank policy violations (in 15 reviews)

  • There isn't much room for advancement unless you want to move to Buffalo (in 6 reviews)

More Highlights
23 Employee Reviews Back to all reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Disorganized

    Senior Teller (Current Employee) Baltimore, MD

    ProsI have never worked at a company where there wasn't atleast one pro until I worked at M&T Bank

    ConsFirst l I was hired as a Senior Teller but they had no proper training for that position. Then when I was going back to my branch that had no assistant manager as was the branch manager leaving before I got out of training which was horrible in itself. Then I find out that I have to take on the responsiblities of branch manager as well as senior teller but getting paid the same amount as tellers on my line with no experience as I already had several years experience in a financial setting.

    Advice to Senior ManagementGet a better training program with qualified trainers and pay people what their worth.

    No, I would not recommend this company to a friend

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

     

    Marketing EA

    Anonymous Employee (Former Employee)

    ProsYou learn a lot if you work in marketing organization. Job security is good.

    ConsManagement either like you or they do not. So if you are hot shot MBA, do not take a chance at this bank to build a career.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    Don't work for this company unless you want to ruin your life

    Personal Banker (Former Employee) Rockville, MD

    ProsOffer 10 min break for every two hour work. 30 min lunch break. work location is good. Good benefits. Strong bank on east coast. strong credit culture. substantial investment in training programs. large amount of community involvement, from both the bank and individual employee level.

    ConsVery difficult to get promoted. Push you to meet your sales quota everyday. Limited training. Poor management. Low Salary. Hard to meet sales goals. lack of team spirits. Unprofessional colleagues. Very conservative business strategies. they run a very tight ship. that means they do more with less and specifically means that even during busy times, they are cautious to hire. Also means that there is a high amount of focus on expenses to include salary expenses.

    Advice to Senior ManagementRe-learn how to run a good business. learn how to improve your banking products. learn how to treat your customers

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

     

    poor pay, low people skills from senior staff

    RB1 (Current Employee) Binghamton, NY

    Prosbenefits, enjoy the people I work with and get to meet, I like working close to home

    Conspay is so low, goals set high , thankless company

    Advice to Senior Managementretrain, say thank you , don't pass the buck ( LOL) learn your job, stop cutting corners in the branches

    No, I would not recommend this company to a friend

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

    2 people found this helpful  

    Going downhill...

    Assistant Vice President (Current Employee) Buffalo, NY

    ProsSome of senior management is great, but unfortunately not many.
    Many employees, including management still believe in the former culture.

    ConsSalary is not comparable to other companies of the same size.
    They have dropped full health insurance coverage to a HSA for $8 less bi-weekly.
    Poor middle management. Prefer to cover up issues instead of fix them.
    High turnover in key support and functional positions.
    Low employee engagement.
    HR ignores grievances of labor law violations in addition to M&T Bank policy violations.
    M&T's culture has changed quite a bit since I started 8 years ago, and unfortunately not for the better. Please take the advice that us middle managers are trying to convey.

    Advice to Senior ManagementPlease start to listen to your corporate employee promoters that are invested in the future of M&T.

    Since benefits have been cut, please reward ingenuity, performance, and responsibility via compensation.

    Encourage & empower employees by restructuring the Performance Management System to fit the banks priorities, divisional priorities and team priorities. This will help to increase employee engagement across the bank.

    Please take the Employee Engagement Survey seriously and do not pressure employees to rate a 5 or else.

    Acknowledge that employees of all salary grades are of worth and their opinions do count, especially officers.

    Take a 2nd, 3rd, 4th look at HR employees as they are skirting issues under the rug that could directly affect M&T's future. As well, create a formal grievance/complaint guideline for internal employees to report serious issues. Take the grievance process out of an individual's hand and make a committee.

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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great Company, the IT department is not a great place to work.

    Advance Programmer (Current Employee) Buffalo, NY

    ProsGreat company. Stable, Growth, and will always use this company.

    ConsWill never work there, is not a company that is pro worker.

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    the tellers wear pajamas to work. is this where you think your career can get a boost?

    Licensed Relationship Banker (Current Employee) Phila, PA

    ProsNONE, NADA, ZIP, ZERO, ZILCH

    Conspuny incentive plan. absent, aloof managers. diva tellers dressed like "the lady at the liquor store." run down branches. systems that make you want to quit immediately. this bank is way behind the rest of the industry from top to bottom. they are a profitable company because of creative accounting like the rest of the banks. however, what's unique about M&T(manual and trying) is that they survive by picking off these very small banks that have a positive balance sheet. But they don't evolve at all. DON'T WORK HERE. unless you're ghetto, stupid or never worked at a leading edge company. than this will be the place for you.

    Advice to Senior Managementget some experience with larger, professional firms that provide forward thinking environments.

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

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • Disapproves of CEO

     

    Drippy Pay Increase; Like Water Torture

    Vice President (Current Employee) Buffalo, NY

    ProsBig Title's handed or dolled out

    Cons0-2% raise average annual; two promotions, no increase on level and responsibility and pay.

    Jobs get highjacked, by people who float "Seniority" as "Entitlement"

    Advice to Senior ManagementYou are on the peak of life cycle; you will soon need to purge the waste on your down slope.

    No, I would not recommend this company to a friend

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

    1 person found this helpful  

    Diappointing

    Relationship Banker I (Current Employee) Latham, NY

    ProsI would never had taken this job if there was a choice. Ridiculous expectations,No pay raise, Incentives are joke.

    ConsVery low pay as compared to other banks. Too much expectations, so definitely if you don't sell accounts or bother people with unnecessary phone calls daily(30 contacts/day), then you are not doing your job.

    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

    1 person found this helpful  

    Get ready for a short career with a high amount of stress and a low salary

    Anonymous Employee (Current Employee)

    ProsThe company makes a ton of money and will be around for a long time.

    ConsThere is a good chance you will be told you are an unsatisfactory employee (part of their motivation technique).

    Advice to Senior ManagementGiving an employee an option of: meet these sales goals or get fired creates an environment where awful things can happen. I've seen and heard pretty terrible things happening.

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

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