263 Employee Reviews (View Most Recent)

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Much Better BEFORE Wilmington

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Compliance Specialist  in  Buffalo, NY
Former Employee - Compliance Specialist in Buffalo, NY

I worked at M&T Bank full-time for more than 5 years

Pros

Progressive company, then the merger with Wilmington changed everything

Cons

Senior management needs to wake up.

Advice to ManagementAdvice

No More Mergers. Good reliable loyal employees were let go because of a need to downsize. It appears the downsizing was attributable to the merger. Be open and forthright to your employees. Check your middle management, they need help.

Doesn't Recommend
Neutral Outlook
Approves of CEO

Other Reviews for M&T Bank

  1. 1 person found this helpful  

    Get ready for a short career with a high amount of stress and a low salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at M&T Bank full-time

    Pros

    The company makes a ton of money and will be around for a long time.

    Cons

    There is a good chance you will be told you are an unsatisfactory employee (part of their motivation technique).

    Advice to ManagementAdvice

    Giving an employee an option of: meet these sales goals or get fired creates an environment where awful things can happen. I've seen and heard pretty terrible things happening.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    If you want a stable job in the middle of nowhere then M&T is for you.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Buffalo, NY
    Current Employee - Anonymous Employee in Buffalo, NY

    I have been working at M&T Bank full-time

    Pros

    The company is very stable (read: boring) and it's hard to get fired. You can move to other parts of the company pretty easily as long as you're qualified and you have a good reason, as they really do want you to be providing as much value to the organization as possible. As long as you have a manager who doesn't micromanage you and you don't dislike the work you're doing, it's not too bad. If your goal is a stable job that will pay the bills, M&T will definitely cut it. They give you a very generous amount of time off, so work/life balance is almost never an issue (except finance where typical work hours are 10-15 hours a day+weekends). People here are friendly and family-oriented. You can pretty much work here for the rest of your life without worrying about losing your job.

    Cons

    Senior management is full of judgmental dinosaurs and is still a boy's club. Managers are managers because they've been at the bank for so long or know the right people but are not always great leaders. There is no room to promote. There are way too few positions for higher level managers so there is no motivation to do great work for the company. Raises just match inflation, if even. The difference between ok work, good work, and great work is pretty much nothing in terms of compensation and bonuses. It will usually take you at least 8-10 years to get into a managing role. Employee engagement is a joke and compensation is severely below industry average. You're going to hit a brick wall if you're the creative/ambitious type and your goal is upward mobility. The attitude is "we've been doing it for x years and it has worked for that long; why bother with change."

    Yes it's a bank - and banks are highly regulated. Unfortunately, since no one moves to Buffalo unless they have family there, people tend to cling to the same old outdated ideas and technology. The company will continue to get trampled by regulators asking them to improve process efficiency. If M&T does not adapt to the changing environment, it will continue to lose talent.

    Advice to ManagementAdvice

    Don't just say you value your employees, show them! They are the ones who validate the company's success. Do something or the company will decay faster than Buffalo will.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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