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U.S. Bank – “Great place to get experience

2 of 2 people found this helpful

Jun 9, 2009

4.0

U.S. Bank Accountant I in Saint Paul, MN:   (Current Employee)

Pros

You can learn a lot here, and take it to another company. The people who work here are fun to be around. The company is very understanding of its employees time off needs and employees are allowed very flexible hours. Also a very stable company to work for. Management is very conservitive with the handling of bank assets and the company didnt take too much damage from the current economy crisis.

Cons

The pay scale is horrible. Raises are non existant, instead you get a yearly bonus of about 2-3% of your salary. Since the only way to get a raise is to work 60 hours a week and basically become a brainwashed slave, you get stuck making the same salary for years. Everything is so segregated, each department does its own thing without knowledge of how it effects other departments. Can cause many issues with processing errors etc. Management expects employees to work 60+ hours if they are salary and still maintain a pleasant personality. Turnaround is high. People stay in a position for a year or two and then move on.

Advice to Senior Management

Review salaries and you will retain more employees.

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U.S. Bank Overview (USB )
Web
www.usbancorp.com
Industries
Size
5000+ Employees, $14B+ Revenue
HQ
Minneapolis, MN
Competitors

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