There are newer employer reviews for Sovereign Bancorp
There are newer employer reviews for Sovereign Bancorp

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Good people but company not good with relationship management

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

I have been working at Sovereign Bancorp full-time

Neutral Outlook
No opinion of CEO
Neutral Outlook
No opinion of CEO

Pros

Stable work not very difficult goals good people

Cons

High degree of micromanagement, widget based comp structure, little mgt support for assisting nigh net worth custs

Advice to Management

More accountability on management levels. Strategy seems to be to consistently attempt to change the branch staffing behaviors but they do not change own behaviors. Seems that if their plan does not work they just decide to micromanage more

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  1. Horrible management

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Sovereign Bancorp

    Pros

    It's a job that has some benefits

    Cons

    Horrible technology. Management thinks conference calls will solve all problems. Short staffed

    Advice to Management

    Trust your employees a little bit more. Improve technology. Take management classes


  2. Commercial Lending

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

    I have been working at Sovereign Bancorp full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Management and Team Leaders are great to work with.

    Cons

    I feel more personnel should be hired for various positions.

    Advice to Management

    Open positions need to be filled


There are newer employer reviews for Sovereign Bancorp
There are newer employer reviews for Sovereign Bancorp

See Most Recent

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