Flagstar Bancorp

  www.flagstar.com
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120 Employee Reviews (View Most Recent)

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  • Work/Life Balance
  • Senior Management
  • Comp & Benefits
  • Career Opportunities
  • Disapproves of CEO

1 person found this helpful  

Potential Employees - Stay Away

Anonymous Employee (Former Employee) Troy, MI

ProsGood Compensation
Decent Benefits
Work-Life Balance is good

ConsClueless Management
Only people belonging to the 'inner circle' have their ideas heard
distrust between groups is encouraged by management
morale is rock bottom
7.5 hour workday that is boasted by HR is a complete joke to salaried staff
Salaried people have to badge in and out with the hourly people but aren't paid overtime. Instead, it is used as a barometer of who is dedicated and who isn't
Expectation that you are available for monthly builds on weekends but aren't givent any comp time for it

Advice to Senior ManagementConsider fry-cook at McDonald's, but you are probably under-qualified
Why do you think that so many people are leaving who are not managers?
Don't expect people to stay around when you tell them that they should be considered 'blessed' for staying at such a 'great company', give out nothing for raises and then expect the rank and file staff to pick up the work of three other people that you laid off due to your incompetence.

No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    I help with account openings, bringing in new clients, and assisting with any account issues, in addition to teller work

    Financial Service Representative (Current Employee) Marietta, GA

    I have been working at Flagstar Bancorp

    Pros: You do get 3 weeks of vacation a year Cons: Open 7 days a week, and 7:30a.m. - 7:30p.m. Monday-Friday Advice to Senior Management: No one comes to the branches that early or that late. All the Retail banking employees hate the hours. … More

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Avoid Flagstar unless a major management shake-up occurs

    Anonymous Employee (Former Employee) Troy, MI

    I worked at Flagstar Bancorp

    Pros: In IT, you can do whatever you wish, as the… Cons: Regarding IT software development management: none are competent, all are wishy-washy and unwilling to take a stand on anything, especially development standards. … Advice to Senior Management: How can you continue to ignore the bleeding in loss mit?!?!? Remove the old management, choose an automated method to improve the workflow,… No, I would not recommend this company to a friend More

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