Pacific Capital Bancorp

  www.pcbancorp.com
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13 Employee Reviews (View Most Recent)

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Treatment of employees needs to change

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

Pros

Great location to work, pretty much the only big local company in town. Get some good banking discounts if you make PCBC your bank.

Cons

If you're not SVP's you're paid very poorly. The only people that stay at the bank are those that can't leave SB or won't be able to find a job elsewhere, anyone that's able to leave will eventually leave. HR does NOT like to promote from within. If you are promoted from within to a different position, they won't pay you the same as people they hire from the outside. Manager are embarrassed of salaries HR offers. Benefits are no good.

Advice to ManagementAdvice

Now that Ford is in charge I hope to see things changing. Many managers were only hired b/c they were friends of upper management and I hope that they are weeded out. Employees are unhappy, if you don't change things you will lose all your good people.

Doesn't Recommend
No opinion of CEO

Other reviews for Pacific Capital Bancorp

  1. 1 person found this helpful  

    Life inside the

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

    Pros

    As a large community bank, it's pretty much the only game in town unless you want to work for one of the nation-wide banks. For mid-level & higher jobs, the pay exceeds the industry standard. Cash infusion from the Ford Group has stabilized the organization; there is a wait and see attitude on what will happen. The Ford Group is now at the helm of the executive leadership & could represent the catalyst for change that has been sorely needed. Many nice, under-utilized people.

    Cons

    Below the executive leadership level, politics reign supreme in every aspect of work, unfortunately. The organization does not seem focused on actually getting itself operating in a substantive, profitable, truthful manner. The image presented to the community is disconnected from how the bank really functions. Existing management needs a housecleaning. Many employees have worked at the bank forever and have become complacent or turn their heads on the ineptness, inefficiency and underhandedness that seems to represent the place. True talent is not encouraged and in many areas, people who will not rock the boat are more valued and rewarded than those with competence. New management has been brought in that appear to be more concerned with their survival than in getting what could be a great organization back on its feet. Read the 2008 posting. The more things change, the less things change?

    Advice to ManagementAdvice

    Become leaders in the truest sense of the word-- establish trust & talent among your employees, not just your followers; strive to re-establish a real bank; think strategically beyond your personal existence; take calculated risks for the benefit of the bank, its shareholders and the community.

    Doesn't Recommend
    Approves of CEO
  2.  

    Solid People Here

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

    Pros

    The people you work with here at PCB are some of the nicest people I've ever worked with. It is a genuine family environment.

    Cons

    There is a disconnect between senior management and the daily operations of the bank. They don't seem to have a real direction in which to take the company right now.

    Advice to ManagementAdvice

    Let's get back to basics. Downsizing jobs is only one way to reduce costs. We have been spending money foolishly while at the same time cutting back on employees.

    Disapproves of CEO
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