Flagstar Bancorp

www.flagstar.com
There are newer employer reviews for Flagstar Bancorp

 

Average conditions. Nothing special. Nothing horrible.

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

I worked at Flagstar Bancorp full-time (more than a year)

Pros

Health insurance is not bad.

Cons

No flex scheduling, must work 8:30 - 5 with an hour lunch, 37.5 hour work week instead of 40

Advice to ManagementAdvice

You will continue to lose employees to other mortgage companies and banks that offer better pay and 40 hour work weeks, and flexible scheduling.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

145 Other Employee Reviews for Flagstar Bancorp (View Most Recent)

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  1.  

    Very flexible with time off

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loss Mitigation Speciaist in Troy, MI
    Current Employee - Loss Mitigation Speciaist in Troy, MI

    I have been working at Flagstar Bancorp full-time

    Pros

    Good benefits work life balance

    Cons

    Poor pay , no path to promotions, boring place to work

    Advice to ManagementAdvice

    Need to change pay structure and make it a fun place to work

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Good leapfrog company, poor structure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Analyst in Troy, MI
    Current Employee - Loan Analyst in Troy, MI

    I have been working at Flagstar Bancorp full-time (more than a year)

    Pros

    Competitive pay, normal hours, good benefits, good PTO, opportunity to move up

    Cons

    HR is VERY slow processing promotions, 5+ years before PTO increase or promotion, poor executive management structure ("reorganizations" are very common. Ive been hear 14 months and already 3 reorgs in my department)

    Advice to ManagementAdvice

    Pay UW's and lower level managers better because you are losing them to competitors, provide a better promotion from within plan.

    Recommends
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Flagstar Bancorp

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