223 Employee Reviews (View Most Recent)

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Caveat Emptor

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

I worked at Ally Financial full-time for more than 5 years

Pros

401k; I was able to save more in 5 years with Ally than I did in almost 8 years with my previous employer. This was due to a generous company match and year end discretionary contributions for 3 years running.

Cons

Lack of leadership at mid and upper-mid levels; Directors and 'Executives' (@ VP level) are weak in terms of leadership skills; many lacking in vision-setting and overall charisma.

Chaotic work environment; exceptionally high turnover rate; +35% within my functional area over the prior 2 year period coupled with layoffs in early February that caught many off guard. Not a place where you look forward to going to work every day.

Advice to ManagementAdvice

LEAD comes across as just another management catch phrase du dour. Senior leaders need to be more visible to the rank and file in locations outside of Manhattan.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

Other Reviews for Ally Financial

  1.  

    Good team, good management dealing with difficult business changes.

    • 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 for more than a year

    Pros

    Challenging work environment with good respect for work/life balance.

    Cons

    Uncertainty of companies future; who will ultimately own the company and what will they do?

    Advice to ManagementAdvice

    Resolve company ownership ASAP.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Treamendous Learning due to rapid change, highly political and backstabbing environment

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

    I worked at Ally Financial full-time for more than 5 years

    Pros

    Good Salary, Autonomy to do work and lead small teams. Learned a lot due to the signifigant transformation of the company in the past few years.

    Cons

    Lack of leadership in some functions. Leadership does not always have the skill set matching the sepciality area they are managing

    Advice to ManagementAdvice

    Vlaeu all employees and functions

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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