First Niagara Financial

  www.firstniagara.com
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44 Employee Reviews (View Most Recent)

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Leadership catastrophe

(Former Employee)

Prosgreat logo colors; decent PTO; community involvement

ConsWeak Leadership; Weak Organizational Development and HR departments; extremely political environment; little accountability; no infrastructure (although they are spending some major $$ just to catch up to competitive market) poor stability and portfolio ratings, ESOP plan decreased by>60% during 2012, stock price is pitiful.

Advice to Senior ManagementRecognize that the organization can only progress to the level of the leader--the organization has been set up to become a case study for learning by neglecting to properly assess talent and culture before executing M&A activity--listen to your employees before pulling the trigger, they are your greatest assets and have the ability to fill the gaps and blindspots of management. Also, competence levels of execs needs to be evaluated--many are in way over their heads.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good company but trying to grow too fast

    Branch Manager (Current Employee)

    I have been working at First Niagara Financial full-time for more than 5 years


    Pros: The people you work with and for want you to succeed. They have assembled a team of people from a ton of great organizations and… Cons: The problems are around the fast expansion of the company. They had four purchases within four years and went from a savings thrift bank to… Advice to Senior Management: Reward employees and don't make them feel like sales machines. Sometimes the goals can stay relatively stagnant from year… No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company… More

     

    The company has merged with too many Banks in a short period of time, and needs to get a handle on the processes work

    Anonymous Employee (Former Employee)

    I worked at First Niagara Financial full-time for more than a year


    Pros: Great people to work with Cons: Upper management should be more organized with processes Advice to Senior Management: Better organization and communication to all levels of company No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More
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