Comerica

www.comerica.com

Comerica Reviews

Updated January 29, 2015
Updated January 29, 2015
235 Reviews
3.1
235 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Comerica Chairman, President, and CEO, Comerica Incorporated and Comerica Bank Ralph W. Babb Jr.
Ralph W. Babb Jr.
104 Ratings

Review Highlights

Pros
  • The department definitely embraced the concept of work/life balance (in 24 reviews)

  • Company matches your 401k, good benefits, and also able to purchase/sell PTO (in 19 reviews)


Cons
  • HIGH sales goals- Comerica needs to expand in order to reach (in 8 reviews)

  • No BDOs so deal flow is dependent on the RMs and/or senior management (in 7 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Custody Free Trust Operations DO NOT DO IT!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Custody Free Trust Operations in Detroit, MI
    Former Employee - Custody Free Trust Operations in Detroit, MI

    I worked at Comerica full-time (more than a year)

    Pros

    Its a good paying job that has some good people. The company in general I like just not this department at all. Most of the staff are nice.

    Cons

    I do not recommend this department. No one in the department is willing to stand up and tell the truth about what goes on in this department.

    Advice to ManagementAdvice

    Get a new management team for this department. The senior Analyst is very mean and do not like many people. I just have nothing good to say. The culture sucks big time.

    Doesn't Recommend
  2.  

    Room for growth, heavy sales pressure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative II in Dallas, TX
    Current Employee - Customer Service Representative II in Dallas, TX

    I have been working at Comerica full-time (more than a year)

    Pros

    Work-life balance is promoted, you cannot take your work home with you. Personal growth and on the job training are great. Some are lucky and get a great office culture. Insurance benefits are not that expensive and are worthwhile. Free program for weight managment and mental health calls. Decent 401K plan with up to full 4% match

    Cons

    High turn over can lead to lots of over-time, management change is hard for customers to accept and some employees may struggle to adjust. If you do not succeed on your sales, you will have trouble moving up.

    Advice to ManagementAdvice

    Heavy sales pressure leads to poor customer service and stressed out employees. Goals may be too high for some.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Comerica Bank Review

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

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

    Pros

    Great people
    Opportunity to make a life-long network of friends
    Hard work is rewarded, not so much with salary & bonus, but with respect and promotion opportunities

    Cons

    Antiquated technology
    Cumbersome to get things done at times

    Advice to ManagementAdvice

    N/A

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Still undergoing restructuring. Some good, some bad

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

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

    Pros

    There is a light at the end of the tunnel. Most of the steps been taken will prove to be rewarding in the years to come. They have finally realized that technology needs to be upgraded and they are working, heavily, only it. Benefits are really good, but not compensation.

    Cons

    Not reporting to your line of job. Now everyone reports to the sales manager which means many of our 'non sales' jobs have now become 60% sales, you are now a sales person. Goals have more than doubled and the bonus structure does not reflect it. And, unless you are in one of their main markets, no help with sales. Oh, and do not expect competitive pay. "If you want a higher salary, the best way to accomplish it is to jump to another company."

    Advice to ManagementAdvice

    Some upper managers should learn to be a bit more 'corporate' and keep soem of their comments to themselves. Also, better communication would help morale and understanding of some of the 'restructuring.' Lastly, if morale is not worked on immediately, the company will suffer even more key employee exits.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Still a mid-west Bank with all the benefits and detriments that come with this type of Institution.

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

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

    Pros

    Flat bureaucracy. Job security

    Cons

    Technology and budget does not align with vision. Have to spend money to make money

    Advice to ManagementAdvice

    Provide better career paths and advancements.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Good place to work for but un-helpful management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service Representative in Houston, TX
    Former Employee - Customer Service Representative in Houston, TX

    I worked at Comerica full-time (less than a year)

    Pros

    Recruiter and Coworkers were very helpful.

    Cons

    Management and trainers was not very professional.

    Advice to ManagementAdvice

    Be more patient with training process.

    Recommends
  8.  

    This is the way we've always done it.

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

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

    Pros

    I have made lasting relationships, my salary could be worse.

    Cons

    My job title doesn't say much about what I actually do. My raise this year was so dismal and depressing, worst one ever. 10 years with the company and it's not the same company.

    Advice to ManagementAdvice

    You say you innovate, well, do it. How about sharing the money at other levels besides the top?

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Underwriting Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriting Associate/Credit Analyst in Century City, CA
    Current Employee - Underwriting Associate/Credit Analyst in Century City, CA

    I have been working at Comerica full-time (more than a year)

    Pros

    potential to grow in long term

    Cons

    lower to average compensation compared to peer

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Better than the big banks

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Comerica

    Pros

    You get real close to your coworkers which are really helpful and and you actually get to work closely with your managers. goals arent as high compared to bigger banks.

    Cons

    TECHNOLOGY SUCKS AND THERE ARE NO CUSTOMERS TO THAT COME IN OFTEN

  11.  

    IT Project managing unlike any you've ever seen elsewhere

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

    I worked at Comerica full-time (more than a year)

    Pros

    The people on my teams, and the business contacts on or off my teams were friendly and great to work with.

    Cons

    Technology is behind, but they're working on bringing it closer to current.
    Project management processes include the need to know who to contact. You must find them by asking around and talk to them in person because they may not call you back.
    Mostly though, it's the direct managers.If you get one of several managers who came up through the ranks and are not people persons, they micromanage until you get transferred, or quit.

    Advice to ManagementAdvice

    Just because someone has been there for years doesn't make that person into a good manager.

    Doesn't Recommend
    Approves of CEO

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