There are newer employer reviews for First Midwest Bancorp
There are newer employer reviews for First Midwest Bancorp

See Most Recent

Not the worst place to work, but not the best either

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Position Within the Corporate Office in Itasca, IL
Current Employee - Position Within the Corporate Office in Itasca, IL
Approves of CEO

Pros

Workplace flexibility is something that many take advantage of, depending on the position (i.e. telecommuting, flexible hours). Benefits (i.e. Health/dental/vision) are available to both FT and PT employees. Option to buy/sell vacation.

Cons

Benefits are expensive compared to other comparable companies, especially for PT employees. Paid holidays are the bare minimum (6/year). Pay is lower than similar banks in the area. 401K matching is not very generous. Vacation time does not roll over year to year. Opportunities for advancement are not readily available if working within the Operations sector.

Advice to Management

Increase the 401K match amount to promote more participation and attract employees to save more. Offer more paid holidays. Open more branches/offices directly west of Itasca (in DuPage/Kane counties).

Other Employee Reviews for First Midwest Bancorp

  1. Good Place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Highland, IN
    Current Employee - Personal Banker in Highland, IN
    Recommends
    Approves of CEO

    Pros

    I enjoy working for First Midwest Bank because there are many opportunities to grow. For example, they offer many training classes through their "university" in which you can improve skills on products, sales, and even communication at no cost. Furthermore, there are opportunities to move up the corporate ladder here and I have always been encourage my management to continue to grow.

    Cons

    One of the downsides I would say is compensation. I think the pay is lower than some other banks but compensation for sales goals and health benefits make up for the factor.

    Advice to Management

    Keep up the good work and I would hope you will continue to expand and grow because I would like to see more exposure of First Midwest Bank. I think one of problems is people are not aware of who we are and what we represent as a bank. I think through increasing marketing and expansion First Midwest Bank can continue to be a community bank for more individuals.


  2. Ok place to work, not the best, but not the worst either.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Banker in Joliet, IL
    Former Employee - Banker in Joliet, IL
    Approves of CEO

    Pros

    Feedback is given on a regular basis in a set and fair way.

    Cons

    They hire outside employees and pay them more than employees who have been there for years. They will sometimes hire from outside even if there is a qualified person internally.

    Advice to Management

    Senior management should work to eliminate the cliques present.


There are newer employer reviews for First Midwest Bancorp
There are newer employer reviews for First Midwest Bancorp

See Most Recent

Work at First Midwest Bancorp? Share Your Experiences

First Midwest Bancorp

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.