70% of the CEO
Edward J. Wehmer
I worked at Wintrust Financial full-time for more than a year
Pros – Incentives for achieving sales by winning contests are preferable to firing bankers for not reaching impossible goals. Good 401K program with matching funds. Each department has it's good and bad sides. Co-workers become like a second family over time because we spend more time together than we do with our families. Your experience depends on the department in which you work and the people with which you work.
Cons – HMO health insurance is not offered. PPO health insurance is the only option offered. Each department has its own culture. You have good departments and bad departments. It's all relative. It's not all good, not all bad. The organization is made up of 16 charters with over 100 branches therefore I don't not know how things go for others at other branches. The organization is currently in the process of establishing consistent policies, procedures, products, services and rates across the board. It is learning from its mistakes as it goes along. Its not perfect but it is trying to improve.
Advice to Senior Management – We all learn at our own pace including management. Nothing lasts forever.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2013-10-14 11:01 PDT
I have been working at Wintrust Financial full-time for more than 5 years
Pros – Growing organization, good job security
Cons – employees are under-compensated across the board
Advice to Senior Management – pay better attention to your employees
No, I would not recommend this company to a friend
2013-08-04 17:46 PDT
1 person found this helpful
I have been working at Wintrust Financial
Pros – Great opportunities for advancement. Highly regarded company within their market. Cash rich which allows one to cater to customers better than they would be able to otherwise. Very flexible with your vacation schedules and family time. Pay is within the normal range.
Cons – The company is very top heavy with a lot of SVP and higher employees and much fewer worker bees causing everyone to be hectic at all times. The company is very inefficient with its fifteen charters and I have yet to see a benefit to all the small banks. Their continued purchases of failed banks and cutting 80% + of their employees has caused many departments to be overworked and slow.
Advice to Senior Management – Collapse some of the charters to improve efficiency. Slow down and ensure that every department has sufficient support staff and competent management to accomplish goals.
2011-09-21 15:18 PDT
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