Regions Financial

  www.regions.com
  www.regions.com
There are newer employer reviews for Regions Financial

 

It's only about goals, goals, goals!!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Branch Manager in New Orleans, LA
Former Employee - Branch Manager in New Orleans, LA

I worked at Regions Financial

Pros

I learned a lot from some of the other managers.
The pay and benefits were decent.
My co-workers and staff were terrific.

Cons

Managment was only interested in meeting goals; they had no interest in us as people. We were constantly understaffed, causing frustration to both employees and customers. In addition, they did not allow overtime for branch personnel, yet conducted numerous mandatory meetings and conference calls during work time, necessitating comp time for employees. This meant that salaried managers and assistant managers had to work many hours overtime each week to pick up the slack. All of this would have been bad enough, but I felt Senior Management had no clue what they were doing in trying to achieve their objectives. They changed the entire goal structure several times in a row, less than a year apart! Not only which products we were to push, but which ones factored into our bonuses. Consequently, it was challenging, if not impossible, to meet the goal. And then when you DID meet the goal, they would double or triple it the next quarter. I was told not to worry - all I had to do was miss it one quarter and the goal would be reduced again. Great - So I was supposed to tell our branch that we can't possibly reach our target for a bonus this quarter, but just "wait until next time"? I saw many employees passed over for promotions and told that they didn't qualify - even after they were urged to apply for the position!

Advice to ManagementAdvice

LISTEN to your employees and managers!! Set realistic goals based on what the branch size and area can actually produce. Of course make slight adjustments, but don't radically realign goals each quarter.

Doesn't Recommend
Disapproves of CEO

408 Other Employee Reviews for Regions Financial (View Most Recent)

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  1. 1 person found this helpful  

    Work extremely hard and get nothing in return

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Relationship Banking Associate in Birmingham, AL
    Current Employee - Relationship Banking Associate in Birmingham, AL

    I have been working at Regions Financial

    Pros

    The health insurance benefits are good

    Cons

    There is not much room for advancement

    Advice to ManagementAdvice

    Be more up front with employees, explaining that alot of management doesn't move up. They stay in their position for years

    No opinion of CEO
  2.  

    It was okay; however, the supervisor were less than adequate to perform their jobs.

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

    I have been working at Regions Financial

    Pros

    Location, pay, hours, workload, on the job training

    Cons

    Part-timers had a difficult time getting time off.

    Advice to ManagementAdvice

    More training for supervisors and managers

    No opinion of CEO
There are newer employer reviews for Regions Financial

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