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There are newer employer reviews for Flagstar Bank

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Review

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Business Analyst in Troy, MI
Current Employee - Business Analyst in Troy, MI
Doesn't Recommend
No opinion of CEO

Pros

Busy all day at work

Cons

Alot of layoffs to qualified staff

Advice to Management

N/A

Other Employee Reviews for Flagstar Bank

  1. Low pay

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Banker in Duluth, GA
    Current Employee - Licensed Banker in Duluth, GA
    Doesn't Recommend

    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 Management

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


  2. It paid the bills.

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

    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 Management

    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.


There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

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