U.S. Bank

www.usbank.com
There are newer employer reviews for U.S. Bank

 

A strong company with potential to surpass its peers in the near future.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Co-Manager in Roseville, CA
Current Employee - Co-Manager in Roseville, CA

I have been working at U.S. Bank

Pros

Incentive structure for non-salary retail employees is generous. Products and services offered at the retail level are some of the most competitive in the market. Employee-centered initiatives like company-wide employment satisfaction surveys, town hall meetings and voluntary employee-assistance funds are beginning to help U.S. Bank surpass its competition in caring for its employees.

Cons

Emphasis on improving technology and working environment for retail employees is lacking. Outdated teller equipment, cramped work space and insufficient budget to repair facilities create a frustrating situation. Job-bleed for salary employees is constant - locations open 7 days a week require a manager on-call 7 days a week. Salary and hourly employees earn less than competitors in similar markets.

Advice to ManagementAdvice

Continue employee and customer satisfaction based initiatives. Grow this area of focus more and see continued employee engagement.

Recommends
Approves of CEO

1667 Other Employee Reviews for U.S. Bank (View Most Recent)

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  1.  

    USBANK... It will be my career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Personal Banker 24 Hour Banking in Cincinnati, OH
    Current Employee - Personal Banker 24 Hour Banking in Cincinnati, OH

    I have been working at U.S. Bank

    Pros

    It is important for every one to understand the banking industry. I am proud to work for an organization where the CEO has earned his position while being promoted within. The company fosters the idea of career advancement. I believe this is a company who truly has the shareholders interests at heart as they uphold the "5 star service guarantee". Richard Davis answers an employee's question each week which can be found on our intranet and I find it to really bring him closer to each and every employee (I am impressed with him as a CEO in many regards)

    Cons

    Though the company as a whole fosters growth within, there is opportunity with developing talent to prepare them for the next level. Too often I see an internal candidate over looked as they were not properly prepared by their managers for their career objectives. Management has a difficult time identifying their next level talent as well.

    Advice to ManagementAdvice

    Best to get back to the basics! Get your hands "dirty". Humble yourself and work a week each year in an "entry level" position. This will not only increase your credibility in the eyes of your direct/indirect reports, it will allow you the opportunity to manage projects with the knowledge and experience of those who come directly in contact with the clients delivering the message you have created.

    Recommends
  2.  

    Is the cup half full or half empty?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Assistant Vice President in Seattle, WA
    Current Employee - Assistant Vice President in Seattle, WA

    I have been working at U.S. Bank

    Pros

    US Bank has locations all around the United States and it is quite easy to transfer laterally or across your business line if geographic location is necessary. Unlike many other financial institutions, US Bank is willing to promote at higher levels from outside the organization - several VP and higher leaders have history outside USB. Depending on your timing - incentive plans are always a work in progress and at times can be extremely lucrative at all levels. In a time of tumultous banking, US Bank has been led from the top in a very conservative way. . . US Bank will emerge from this time as the 4th to 5th largest financial institution in the United Sates.

    Cons

    Individuals hired from outside US Bank (or rehired after leaving the bank for a short period) typically get onboarded at a higher salary grade than employees showing loyalty to the company (and receiving annual merit increases). Constant campaigns and changes in initiatives make it difficult to coach/lead to a consistent message. Incentive plan changes from year to year - no consistent expectation around dollars earned. Even in uncertain economic times, the same expectation for growth looms overhead - very rare adjustment to market conditions beyond leadership control. Be ready to be very patient for that dream promotion within US Bank - loyalty and tenure with the company are the lower rated of traits to be considered qualified.

    Advice to ManagementAdvice

    Salary at least equal to local competitors

    Approves of CEO
There are newer employer reviews for U.S. Bank

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