There are newer employer reviews for Union Bank N.A.
There are newer employer reviews for Union Bank N.A.

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Helpful (2)

A good place to work overall, but recent changes have yet to fully impact the results and environment.

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in San Francisco, CA
Current Employee - Vice President in San Francisco, CA

I have been working at Union Bank N.A.

Doesn't Recommend
Approves of CEO
Doesn't Recommend
Approves of CEO

Pros

Benefits are excellent, including a defined benefit pension plan, multiple choices for employer-subsidized medical/dental, 401(k) with matching, good vacation policy, etc. The higher grade you are, the better the fringe benefits get, obviously, but the basic benefit package is good even for lower-level employees. Decent emphasis on work-life balance, though that seems to be fraying around the edges with the advent of the Japanese taking the bank private. Some opportunities for face time with senior management and educational opportunities are being scheduled on Friday afternoons and Saturday mornings - not cool. Annual reviews are fair and open with the opportunity to respond to criticisms. "Talent Management" and Employee Relations are the real deal; they do their best to represent the employees fairly and provide opportunities for advancement where advancement or career variety is desired. Except for the occasional bureaucratic, hidebound jerk, the people are very genuinely nice and many have long tenures with this bank. Generally helpful, too, and willing to share information and provide assistance where needed. Job satisfaction seems to be relatively high around the place. Smart executive management that makes sound business decisions, leading to relatively more job stability and a better working environment and better pay for everyone. A program is in test stages for telecommuting, job sharing, flex time and other work set-ups that are not always common in the financial services industry. If this pilot program and its intended mentality propagates throughout the bank, it'll be a great asset.

Cons

Crazy detail orientation of the Japanese parent bank - watch out, there are a million requests for useless information flying around this place all of a sudden. Some damage to usually-excellent employee morale has been done with this transaction. Despite executive management efforts to communicate and be transparent, sometimes objectives and goals of the company don't get passed down below the SVP level effectively. This leads to disenfranchisement of the folks who do the "real" work. If you want to advance your career, it's up to you to take the lead. No one is going to push you upward unless you're a "Golden Child" who has been tapped by senior executives to move up. This is a pro and a con, really, because it allows people who want to tread water to stay where they are competent...but also can lead to stagnation.

Advice to Management

Enforce communication throughout the bank better - just telling SVP- or even VP-level employees and above, then expecting them to communicate downward, is not working entirely well. Strategic plans and directives are important even to the lowest level line people. Be on guard for impinging on employees' personal lives. Working on Saturday mornings may be OK in Japan, but not in the U.S. Figure out a better incentive compensation program. What is offered here is not comparable to other places, especially now that stock compensation is out the door.

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  1. Helpful (2)

    A great place to work if you're approaching retirement.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA

    I have been working at Union Bank N.A.

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Relaxed low-stress work environment. The bank strives to promote a culture of diversity, work-life balance and employee development.

    Cons

    Too many hands-off managers who can do more to understand the people and processes they manage.

    Advice to Management

    Focus more on unit profitability by fostering a culture of meritocracy at the middle management level.


  2. Helpful (4)

    Stable company, but career limiting. Ambitious-minded and those eager to learn, look elsewhere.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in San Francisco, CA
    Current Employee - Vice President in San Francisco, CA

    I have been working at Union Bank N.A.

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Relatively stable in this economy.

    Cons

    Lack of communication and cooperation across different business lines. Little confidence in senior management to make appropriate decisions. Over-reliance on external consultants to make strategic decisions. CYA culture permeates the company. "Invest in you" tag line only applies to customers but not to the employees. For a relatively small regional bank it moves slower than a much larger bank.

    Advice to Management

    Start grooming next level of senior management talent. Don't be so short-sighted when it comes to banks operations, processes and other high-level projects.


There are newer employer reviews for Union Bank N.A.
There are newer employer reviews for Union Bank N.A.

See Most Recent

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