Flagstar Bancorp

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

1 person found this helpful  

As everywhere, need to make compromises between what you want and what you are willing to settle for.

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

I have been working at Flagstar Bancorp

Pros

Usually get to work on leading edge technologies.
Some very solid technical team members.

Cons

IT management somewhat disassociated from developer pain points.
Too much of a top down management style in IT.

Advice to ManagementAdvice

Say what you mean and mean what you say.
Be more transparent.

Approves of CEO

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

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  1.  

    Flagstar culture and lack of strategic planning and ROI limits it's potential

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

    I have been working at Flagstar Bancorp

    Pros

    Flagstar uses realtively new technology. Flagstar's is headquartered in a relatively new facility.

    Cons

    unfair treatment, gossip, lack of formalized/documeted processes, lack of performance feedback, very few professional growth opportunities, esp. training, lack of strategic planning and ROI analysis on projects, short-term thinking.

    Advice to ManagementAdvice

    Analyze the company culture to see if it is helping to achieve the company's strategic goals and objectives. Review projects for ROI potential and alignment with strategic goals and objectives.

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    IT or Politics? Hard to tell the difference here.

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

    I have been working at Flagstar Bancorp

    Pros

    The IT department within Flagstar uses cutting edge technologies.

    Cons

    Flagstar has a highly politically charged atmosphere with favoritism shown blatantly by all ranks of management. Management seems more interested in supporting initiatives that promote personal growth rather than align themselves with company's growth. As a result, too many bad decisions on a daily basis have become the norm.

    Advice to ManagementAdvice

    Senior management needs to start showing respect to their peers and their juniors. They need to engage people from all ranks, and stop assuming that making employees wear business suits everyday will improve the image of the company. Company image improves because of the inherent pride that employees have about their workplace. Pride comes from feeling empowered, from knowing that using their own judgement and serving the customer to their total satisfaction comes before pleasing upper management, and waiting for their explicit approval.

    There are many natural leaders in the organization, but unfortunately tthey are not the ones leading the company. Ones that echo their bosses thoughts and sentiments are the ones in upper management ranks. Why pay someone, just to hear their own voice? Would they rather not have people who think with a fresh perspective and are happy to share their ideas?

    Doesn't Recommend
    Approves of CEO
There are newer employer reviews for Flagstar Bancorp

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