Ally Financial Reviews

Updated October 17, 2014
Updated October 17, 2014
227 Reviews
3.3
227 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Ally Financial CEO and Director Michael A. (Mike) Carpenter
Michael A. (Mike) Carpenter
65 Ratings

Review Highlights

Pros
  • Excellent work-life-balance and many strong team members (in 16 reviews)

  • Challenging work environment and able to contribute instantly (in 11 reviews)


Cons
  • Also work-life balance for many was unheard of (in 7 reviews)

  • Some senior management are not strong leaders and are not able to keep their teams aligned to the company strategy (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Charlotte, NC
    Current Employee - Anonymous Employee in Charlotte, NC

    I have been working at Ally Financial full-time (more than 8 years)

    Pros

    Great work life balance. Good salary. Senior leadership has done a great job. Generous relocation pacakages and per diem while traveling.

    Cons

    Headquartered in Charlotte and the best place to be (career wise) is in Charlotte.

    Advice to ManagementAdvice

    Keep doing what you're doing. Been with this company since 2006, through thick and thin.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Ally Financial is a very upbeat team based company to work for.

    Former Employee - Administrative Assistant II in Auburn Hills, MI
    Former Employee - Administrative Assistant II in Auburn Hills, MI

    I worked at Ally Financial as a contractor (less than an year)

    Pros

    I have enjoyed working with all staff as well as upper management . Ally is a very professional business that makes it exciting to come to work each day.

    Cons

    Ally Financial is more internet based than speaking with customers.

    Advice to ManagementAdvice

    Management has always understood personal life as well as being dedicated to the job.

  3.  

    Constant change.. lack of overall strategy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Director in Detroit, MI
    Former Employee - IT Director in Detroit, MI

    I worked at Ally Financial full-time (more than 3 years)

    Pros

    Excellent work-life-balance and many strong team members

    Cons

    Extreme Politics. Very difficult to make a difference.. Culture felt like many were just "punching the clock".. Lots of corporate changes..

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Average place to work

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

    I have been working at Ally Financial full-time (more than 3 years)

    Pros

    They provide good salary compare to other bank giants at the same place

    Cons

    Work culture is not good.
    People are not very professionals
    Lot of dirty politics

    Advice to ManagementAdvice

    Now many teams have formed please segregate work to respective teams. Management is the biggest problem here.

    Recommends
    No opinion of CEO
  6.  

    Not a bad place of work, except the cafeteria could've been better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ally Financial

    Pros

    Decent pay and can move up quickly

    Cons

    handling people's accounts isn't consistent, so it's easy to get a customer who was told different things each time they called in

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Given opportunity to be a leader

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

    I have been working at Ally Financial full-time (more than an year)

    Pros

    There is room to grow and have the career that you want. You have to want to grow to get there. Benefits could be better. It is what you make it.

    Cons

    Training is not as direct as most companies. More like, make it up as you go type thing.

    Advice to ManagementAdvice

    Help you employees grow.

    Approves of CEO
  8.  

    Not good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ally Financial

    Pros

    It is in Detroit, and you can't find much jobs in Detroit

    Cons

    Anything else, and it is in detroit

  9.  

    Ally Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Executive in Monroeville, PA
    Current Employee - Account Executive in Monroeville, PA

    I have been working at Ally Financial full-time (more than an year)

    Pros

    Great company values with the understanding that changes need to be made and how and where to make them!

    Cons

    Poor middle management support with a lack of understanding as to how to keep sales people accountable as well as their clients.

    Advice to ManagementAdvice

    Hire more people with hands on experience along with the needed educational background.

    Negative Outlook
    Approves of CEO
  10.  

    Tough, but possibly getting better. Management is changing.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Detroit, MI
    Current Employee - Anonymous Employee in Detroit, MI

    I have been working at Ally Financial full-time (more than an year)

    Pros

    Pay is as good as any other company for my role
    6% Matching 401k after 1 year.
    8% bonus for direct hires

    Cons

    Mix of in-source and outsource. Lots of off hour work with the expectation of being in the office 9 to 5pm. Bullying to work on projects that were planned poorly. Many islands of single individuals with all the expertise (pulling the weight of others). Micromanagement, Disorganized IT process. Unskilled coworkers.

    Advice to ManagementAdvice

    Hire more skilled people, allow working at home again. Hire people outside of Detroit. Review tools for governing IT process.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Great Place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Executive
    Former Employee - Account Executive

    I worked at Ally Financial full-time (more than an year)

    Pros

    People, Culture, Benefits, senior management.

    Cons

    Some of the internal roles.

    Recommends
    Approves of CEO

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