There are newer employer reviews for American Express
There are newer employer reviews for American Express

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Helpful (2)

Downside for working for a company for a long period of time

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Business Analyst I
Current Employee - Business Analyst I

I have been working at American Express

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Benifits--I beleive the benifits are very good.

Cons

I have worked there for so long, the pay ranges increase faster than my raises. So I'm always at the low end of the pay scale.

Advice to Management

Ensure tenured employees are taken care of finanically

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  1. Helpful (6)

    Company of individuals wrapped up in their own greed.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Former Employee - Anonymous Employee in Phoenix, AZ

    I worked at American Express

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Stable, and relative freedom if you stay away from management.

    Cons

    Dilbert principle is rife, blame intensive company, fear of failure at the cornerstone of making people work harder, anybody who works smarter is cornered off by an intrinsic inner network of bureaucrats who have no real power other than to target defensive attacks on their ivory towers. Consumes good people for the benefit of middle/upper management. Upper management have very little concrete delivered results by their own efforts, as the rely on good people they push around or get rid off over time. The company in general after 20 years is destabilising under the forces of new technology and leaders who are out of touch. The best approach of fixing it is to hire new graduates who haven't been burn't by the company.

    Advice to Management

    Get rid of the middle management layers. Onshore and promote more extremely technical process engineers with real industrial experience rather than politicians.


  2. Helpful (1)

    American Express...A good place to work, even with the cutbacks!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Learning Specialist in Phoenix, AZ
    Former Employee - Learning Specialist in Phoenix, AZ

    I worked at American Express

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    American Express really values its employees. There are opportunities to grow and develop, especially if you seek them.

    American Express has strong core values and the leadership team live by them.

    Compensation is comparable to other companies. Maybe a little better...Benefits include medical, dental, vision insurance, 401K, profit sharing and a generous package of personal time off. Employees are even allowed to purchase a week of vacation!

    Telecomuting is an option in many areas of the company.

    Skill and style of leadership varies. But, generally, leadership is adequate.

    Senior company leaders are doing a good job leading the company through these hard economic times. Yes, there have been some layoffs. But, overall, they were handled with a high degree of sensitivity and the severance packages are better than some from other companies.

    Times are tough and so is American Express!

    Cons

    American Express has agressive goals (this is both good and bad). It is good as it challenges employees to grow. However, it makes work/life balance difficult if not impossible to acheive. Leaders talk about the importance of work/life balance. But, in practice, most people work 50 hours per week or more.

    Another, down side of American Express, is that many jobs are being moved out of the US. This may keep the company strong, but, it is difficult for employees. Every year, more and more people are let go in the US.

    The compensation package and benefits are also being scaled back. Each year, employees bear more of the cost for insurance. This year, due to the bad economy, the company is no longer matching employee contributions to the 401K.

    Times are tough and so is American Express!

    Advice to Management

    These are tough times. Leaders need to be strong and compassionate, and innovative. My recommendation is to be responsible and lookout for the people who have made this company great.

    Please try to keep your US employees employed. It is good for the economy. It is good for the country. And, it is good for the company.

    Consider, temporary pay cuts, furloughs, job sharing and, early retirement packages, etc, rather than displacements.


There are newer employer reviews for American Express
There are newer employer reviews for American Express

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