There are newer employer reviews for Banco Popular De Puerto Rico

 

No Professional Growth

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

I have been working at Banco Popular De Puerto Rico

Pros

Many days off similar to Puerto Rico government. Good health plan coverage.

Cons

Old School Management. Socialism mentality, do not have layoffs but not salary increases or growth opportunities for high achievers and hard working people. Everyone gets the same. People are not motivated. Benefits provided by many companies including some small businesses have been cut such as no 401k Matching for some years, 0 salary increase for about 5 years, no profit sharing, salary lower than average. If you are like working to work for the government but withouth the retirement benefits then this is your place. If you are a hard worker and high achiever and want to growth this is the worst company to be at this time and been compensated accordingly.

Advice to ManagementAdvice

Management should spend less time in meetings and making useless analysis that only measure "who has the fault" or "covering their backs" and spend more time actually managing people and working toward the company goals.

Doesn't Recommend

21 Other Employee Reviews for Banco Popular De Puerto Rico (View Most Recent)

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  1.  

    It's ok if you need an opportunity to learn or looking for job stability without growth.

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

    I have been working at Banco Popular De Puerto Rico

    Pros

    Job stability, good work environment and respect. There are opportunities to learn and develop while working at an entry-level position.

    Cons

    Low pay and high qualification requirements.
    Eliminating and/or cutting benefits.
    Local goverment is their biggest customer and local economic outlook looks grim.

    Advice to ManagementAdvice

    Efficiency needs to be started from the top-down. Cutting benefits and salaries at the low level discourage the persons who have direct contact with customers. You need to invest in the assets and resources that makes the business run everyday. For example, a 10% pay cut at the top does not affect much top management lifestyle but that same amount of money if distributed to those at the bottom makes a huge difference in their quality of life.

  2.  

    Great company to build a career

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

    I worked at Banco Popular De Puerto Rico full-time for more than a year

    Pros

    Flexibility, Training, great opportunity for professional growth.

    Cons

    I dont really have any complaints of the management or the work environment.

    Recommends
    Approves of CEO
There are newer employer reviews for Banco Popular De Puerto Rico

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