American Bankers Association Reviews

Updated January 11, 2015
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3.2
13 Reviews
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Ed Yingling
8 Ratings

Employee Reviews

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  1. Excellent Employer

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

    I have been working at American Bankers Association full-time (more than a year)

    Pros

    Great compensation, positive work-life balance, senior management looks for ways to improve the quality of employees' professional and personal lives.

    Cons

    Each group within the Association is in their own silo, which can cause friction at times.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Caveat Empor

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

    I worked at American Bankers Association full-time (more than 8 years)

    Pros

    Benefits, ok work/life balance

    Cons

    There is a YAWNING gulf between upper management and everyone else with respect to salaries, communication and professional respect.
    Very top heavy, Vice President leaden association.

    Advice to ManagementAdvice

    Remember that any organization can run for a good while without all the bosses but not for five minutes without the pee-ons.

    Doesn't Recommend
    Neutral Outlook
  3. Stodgy management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Public Relations in Washington, DC
    Former Employee - Director, Public Relations in Washington, DC

    I worked at American Bankers Association full-time (more than 5 years)

    Pros

    Access to key financial issues of the day, experienced former treasury officials, influence public policy.

    Cons

    Old guard management, slow to change, resistant to new thinking, salary less than private sector comparables, not much opportunity for advancement

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. a wonderful place to work

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

    I worked at American Bankers Association

    Pros

    I loved everything about my job

    Cons

    I have nothing negative to say

  6. Culture and Morale on the Downward Slope

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

    I have been working at American Bankers Association full-time (more than 8 years)

    Pros

    Location, health benefit, coworkers, physical office environment

    Cons

    NO upward mobility, OLD Executive management, many silos, salary average, annual increases minimal

    Advice to ManagementAdvice

    Remove penalty for leaving prior to full retirement to give the next gen a real opportunity. Address wide spread morale issues.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  7. Supportive; great learning experience; values work/life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Research Manager in Washington, DC
    Former Employee - Senior Research Manager in Washington, DC

    I worked at American Bankers Association full-time (more than 3 years)

    Pros

    There is a great culture and atmosphere at ABA, making it a pleasure to work there. Managers support staff who are willing to go the extra mile and propose new ideas. There are many on staff experts, which offers a great learning experience. ABA offers great work/life balance, generous benefits and 401k matching.

    Cons

    There are limited career paths. While they aim to make opportunities for the rising stars, employees often hit the limit of their career within a few years. Pay is lower to compensate for workdays that typically end at 5pm and rarely require weekend work.

    Advice to ManagementAdvice

    Don't forget that the supportive, respectful culture keeps employees at ABA. Disrupt that and you'll lose many good people to higher paying jobs.

    Recommends
    Positive Outlook
    Approves of CEO
  8. From Nice to Nasty

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

    I have been working at American Bankers Association full-time (more than 8 years)

    Pros

    Location, 401K, office space, staff, sick and annual leave, flex schedule

    Cons

    Top management are all old white guys. Chaos anything goes means nothing gets done or gets done right the first time.
    No opportunity for advancement.
    Slow to change. No understanding of tech.
    Very mid 20th century thinking

    Advice to ManagementAdvice

    Step aside and get new blood. Trust middle management to do their jobs. Stop following the loudest screaming exec.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. Fair

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Marketing Manager in Washington, DC
    Current Employee - Marketing Manager in Washington, DC

    I have been working at American Bankers Association

    Pros

    If you have a family or responsibilities and you need stability at work.

    Cons

    Lack of professional development for junior staff.

    Advice to ManagementAdvice

    Pay attention to employees, develop talent

    Approves of CEO
  10. Felt like a government employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst in Washington, DC
    Former Employee - Analyst in Washington, DC

    I worked at American Bankers Association

    Pros

    Great work life balance and generous benefits provided to staff. Feels like one is working for the government (not sure that belongs under pros)

    Cons

    Low salary pay. Average workforce age is ~ 60 years old. Very old school management type that promotes based on the number of years one has been on the job and not performance. Poor organizational culture which is very senior heavy.

    Doesn't Recommend
    Disapproves of CEO
  11. Good place to work, but business problems.

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

    I have been working at American Bankers Association

    Pros

    Great Benefits
      401k
      Health Care
      Paid time Off
      Sick Leave
      Education Benefits
    Yearly Performance Appraisals
    Employees are generally friendly
    Fair compensation for work

    Cons

    Change averse
    Low potential for upward movement
    Direct reports tend to micromanage
    Business does not embrace change
    Low Level Employees have little to no input

    Advice to ManagementAdvice

    Embrace change - It will fuel the future
    Let employees drive innovation - Employee autonomy (or perceived autonomy) is a driver for motivation and innovation.
    Become nimble - Learn to flow with change, not set down anchor and hope it works out
    Get feedback from the employees - Management may paint a rosy picture of their department when its really sinking

    There is a great disconnect from upper management to what is actually occurring. This comes with the culture at ABA, with each department working independently and defensively. Breaking the barriers and walls between departments will further drive innovation and enhance member value. ABA has great opportunity for growth, but the change aversion and slow response to demands is causing customers to flee.

    Recommends
    Approves of CEO

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