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

See Most Recent

Love it

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Bankruptcy Single Point of Contact Relationship Manager in Waterloo, IA
Current Employee - Bankruptcy Single Point of Contact Relationship Manager in Waterloo, IA
Recommends
Neutral Outlook
No opinion of CEO

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

Pros

Inner promotions, good raises, and never boring.

Cons

Res Cap filed bankruptcy and was bought by Ocwen.

Other Employee Reviews for Ally Financial

  1. Helpful (2)

    So happy to be gone from here

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    Pros

    Good money, that's about it

    Cons

    Worst HR leadership going today

    Advice to Management

    Learn to manage


  2. Helpful (4)

    Not Recommended for Accomplished HR or Recruiting Professional

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Professional in Detroit, MI
    Former Employee - Human Resources Professional in Detroit, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    There are opportunities throughout the HR organization to make significant leaps forward such as Comp, Consultative HR Practices, Development, Diversity, HR Systems, Leadership Feedback, and Recruiting. If you like a challenge with keep the lights strategy and budget. There is a ton of interesting work to be done.

    Cons

    Leadership lacks subject matter expertise (i.e. there are 3 layers of management in Recruiting with zero recruiting background). Comp structure is designed to continue paying executive huge variable rewards regardless of true performance, while over stating potential to new hires and under paying managers and associates. There is no upward mobility or development, because the company continues to contract and the executives are smoking cigar with the starry eyed hopes for million dollar pay-out through a dreamy IPO and more likely a blood bath acquisition by a diversified significant firm. Culture is oppressive, built on hyper-critical continious coaching with no effort by executives to exemplify the leadership behaviors. Finally, there is no avenue to provide executive feedback, so leadership stays blissfully ignorant of the extremely low levels of engagement that exists at the non-executive level.

    Advice to Management

    Add 360 feedback to your performance management routines for Directors and Sr. Directors. This will shorten the time it takes to identify ineffective leaders, provide the appropriate development and stop the out-flow of top performing managers and associates.


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

See Most Recent

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