Flagstar Bancorp

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

1 person found this helpful  

Tough work environment, but it is a job.

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

I have been working at Flagstar Bancorp

Pros

It would be a job. They pay you every two weeks. You will be one of a few people left.

Cons

Tough work environment. No raises in 3 years. No promotions. More work and less people to do it. Tough place

Advice to ManagementAdvice

Pay and value your employees. Give a group of good employees a raise. Stop staff from leaving and hire a few people.

Doesn't Recommend
No opinion of CEO

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

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  1.  

    Low pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Licensed Banker in Duluth, GA
    Current Employee - Licensed Banker in Duluth, GA

    I have been working at Flagstar Bancorp

    Pros

    Easy to shine, but no reward for going the extra mile.

    Cons

    Very, Very low pay. No raises going on 3 years now. Sometimes you have to work from 7 to 7. 7 day work weeks, no weekends. All for 10-14 dollars an hour; seriously.

    Advice to ManagementAdvice

    Copy other banks. If it works for them is should be a no-brainer. Pay more, pay more.

    Doesn't Recommend
  2.  

    It paid the bills.

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

    I worked at Flagstar Bancorp

    Pros

    The health benefits were great the 401k plan was great (but I think it tanked so I wouldn't bet on that now). They do not require a college degree.

    Cons

    The pay was not competitive, there is pressure to work faster and faster and those who produce the most get advancement even when the mistakes they make from rushing far out way the production of solid work. If you are someone who takes pride in your work and do not like to make errors underwriting here is not the place for you.

    Advice to ManagementAdvice

    Stop cutting people so that you can force them to produce as 3 people and do not lower your standards for those who you have became friends with, while persecuting the ones who rarely make a mistake.

    Disapproves of CEO
There are newer employer reviews for Flagstar Bancorp

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