Webster Financial

  www.websteronline.com
  www.websteronline.com

Webster Financial Reviews

10 Reviews
3.2
10 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Webster Financial Chairman and CEO, Webster Financial and Webster Bank James C. Smith
James C. Smith
6 Ratings

7 Employee Reviews Back to all reviews

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  1.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Waterbury, CT
    Current Employee - Anonymous Employee in Waterbury, CT

    I have been working at Webster Financial

    Pros

    Each Branch has it's own personality
    Large Company with a small company feel
    The benefits are competitive
    Goals are achievable

    Cons

    Our clearing firm is terrible to work with (UVEST)
    Forced to enter time manually
    The pay is not great
    Too many spreadsheets, classes, calls, events that take away from client interaction

    Advice to ManagementAdvice

    Goals are important but forcing us to to do all the entry takes away from meeting with clients
    Think of another Broker/Dealer because UVEST is not cutting it.

    Recommends
  2.  

    Make a move and get demoted - NOT FAIR

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Wallingford, CT
    Current Employee - Project Manager in Wallingford, CT

    I have been working at Webster Financial full-time (more than 5 years)

    Pros

    Flexibility and time off are generous

    Cons

    No career path - after making a lateral move to get some fresh experience I had my new position re-org'd and was offered a choice of a significant salary cut or a lousy severance package. All because the organization didn't plan before taking action. But no loyalty of company to loyal employees.
    No training, no reimbursement for professional certifications or conferences. They exploit what their professionals bring to the company and do not help us keep our skills sets fresh.

    Advice to ManagementAdvice

    If you are going to sell the bank, then just do it. Don't continue to abuse those of us that are trying to do more with less and achieve insane goals.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    An excellent company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Webster Financial

    Pros

    Company is willing to provide good training. They also like to promote from within. The company is sensitive to employee needs. Overall, a friendly company to work for.

    Cons

    So far, I have not seen any cons to the position or with the company. It is quiet possible that as a new employee I am not accustomed to everything about the company. However, I am extremely happy.

    Advice to ManagementAdvice

    So far, I have not seen any reason to advice or provide a particular feedback. I am very new to the company, and what I see so far is very encouraging.

    Recommends
    Approves of CEO
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  5.  

    Good working environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Manager
    Current Employee - Assistant Manager

    I have been working at Webster Financial

    Pros

    they cared about their employees and customers

    Cons

    Their technology was a little behind

    Advice to ManagementAdvice

    Continue treating employees and customers with the utmost respect and will always be a winner

    Recommends
    Approves of CEO
  6.  

    Not a bad workplace, but not great either.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Webster Financial

    Pros

    Great benefits and work life balance. A good place of work if you prefer small local banking in the New England area.

    Cons

    Can be frustrating to work in a bank during periods of crisis. Seems like your hands can be tied behind your back at times.

    Advice to ManagementAdvice

    Always provide the importance of a job to each individual and be willing to listen to any employee.

    Recommends
    Approves of CEO
  7.  

    Webster: V.O.E.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Webster Financial

    Pros

    The company has given me an opportunity to work closer to home and my job hours are convenient.

    Cons

    They are behind the times. The website needs another major overhaul. They are not willing to listen to the employees' suggestions for improvements. They're not willing to meet the needs of the customers.

    Advice to ManagementAdvice

    Don't wait for the customers to submit your precious Voice of the Customer program. Bring back the Voice of the Employee!! We have the inside scoop of what needs to be improved and what the customers want...especially those of us who are on the front line!!!

    Doesn't Recommend
    Disapproves of CEO
  8.  

    Decent Benefits, Not Great Pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Webster Financial

    Pros

    The paid time off structure and benefits are above average.

    Cons

    Few opportunites for advancement. Pay is in the low 25% according to Salary.com.

    Advice to ManagementAdvice

    Learn to show better appreciation for employees.

    Doesn't Recommend

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