There are newer employer reviews for Webster Financial

 

Make a move and get demoted - NOT FAIR

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Project Manager  in  Wallingford, CT
Current Employee - Project Manager in Wallingford, CT

I have been working at Webster Financial full-time for more than 5 years

Pros

Flexibility and time off are generous

Cons

No career path - after making a lateral move to get some fresh experience I had my new position re-org'd and was offered a choice of a significant salary cut or a lousy severance package. All because the organization didn't plan before taking action. But no loyalty of company to loyal employees.
No training, no reimbursement for professional certifications or conferences. They exploit what their professionals bring to the company and do not help us keep our skills sets fresh.

Advice to ManagementAdvice

If you are going to sell the bank, then just do it. Don't continue to abuse those of us that are trying to do more with less and achieve insane goals.

Doesn't Recommend
Negative Outlook
Approves of CEO

10 Other Employee Reviews for Webster Financial (View Most Recent)

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  1.  

    Great Place to Work

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

    I have been working at Webster Financial

    Pros

    Each Branch has it's own personality
    Large Company with a small company feel
    The benefits are competitive
    Goals are achievable

    Cons

    Our clearing firm is terrible to work with (UVEST)
    Forced to enter time manually
    The pay is not great
    Too many spreadsheets, classes, calls, events that take away from client interaction

    Advice to ManagementAdvice

    Goals are important but forcing us to to do all the entry takes away from meeting with clients
    Think of another Broker/Dealer because UVEST is not cutting it.

    Recommends
  2.  

    An excellent company to work for.

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

    I have been working at Webster Financial

    Pros

    Company is willing to provide good training. They also like to promote from within. The company is sensitive to employee needs. Overall, a friendly company to work for.

    Cons

    So far, I have not seen any cons to the position or with the company. It is quiet possible that as a new employee I am not accustomed to everything about the company. However, I am extremely happy.

    Advice to ManagementAdvice

    So far, I have not seen any reason to advice or provide a particular feedback. I am very new to the company, and what I see so far is very encouraging.

    Recommends
    Approves of CEO
There are newer employer reviews for Webster Financial

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