There are newer employer reviews for Ally Financial
There are newer employer reviews for Ally Financial

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Management needs serious upgrade..

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Loan and Loss Mitigation Representative III in Lewisville, TX
Former Employee - Loan and Loss Mitigation Representative III in Lewisville, TX

I worked at Ally Financial full-time (More than 5 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

match 401k, medical, dental and vision good.. life insurance good.Most people hard working and friendly.

Cons

low pay, bonus plan greatly reduced for hourly employees. Change is constant and gives appearance of company instability and weak management. Much favortism and managers do not follow the same policies. They bend the rules constantly. You will be reprimanded for stating your opinion if it does not agree with management. Moral is in a constant flux. Management really does not care about their employees although they try look interested. They do not value employee loyalty and hard work..

Advice to Management

Treat your employees well and pay them fairly. 30k for a collector is a lousy base salary..Need to review the management staff and clean house of those that are not the culture you are trying to promote.

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  1. Helpful (3)

    Ally has grown more focused on their core competency: automobile financing.

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

    I have been working at Ally Financial full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flexible work environment
    Good pay
    Good, down to earth people
    Good benefits
    New company but with a long legacy
    Automobile financing a good, solid business

    Cons

    Legacy processes and mindsets exists and are challenging to change, where change is needed
    Systems present are somewhat antiquated
    Technology groups tend to drive the business unit decisions

    Advice to Management

    Invest in technology

  2. Helpful (1)

    Good place if you survive the trouble and turmoil

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst in Fort Washington, PA
    Current Employee - Senior Business Analyst in Fort Washington, PA

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

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Big focus on growth and opportunities.
    Individual responsibilities
    Collaborative workplace
    Good compensation and some bonus

    Cons

    Business plan in flux
    Shedding business units
    Heavily regulated
    Multiple power centers with various cultures.

There are newer employer reviews for Ally Financial
There are newer employer reviews for Ally Financial

See Most Recent

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