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Great company overall; could use some internal management cleanup

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee  in  Salt Lake City, UT
Former Employee - Anonymous Employee in Salt Lake City, UT

I worked at Zions Bancorporation full-time for more than 3 years

Pros

Big company, more than 11,000 employees in 10 states (mostly in Utah, but a fairly big presence in California, Nevada, and Texas). Numerous opportunities to move around and gain new skills. A college degree is helpful in getting into higher paying positions, but I also know many managers who do not have degrees.

Cons

As with any large company, politics and protection of territory sometimes gets in the way of getting things done.

Advice to ManagementAdvice

Refocus on what matters most. Make it OK to discuss issues openly, rather than being concerned about the team getting a black eye if someone knows that something went wrong. Stop hiring managers who have no experience in the type of work they will be managing, particularly in back-office operations and IT. Where necessary, even in high-level upper management, make tough changes.

Recommends
Positive Outlook
Approves of CEO

Other Reviews for Zions Bancorporation

  1. 1 person found this helpful  

    The "Future Core Project" is destined for failure.... TCS is a flawed company and software sucks.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - I T
    Former Employee - I T

    I worked at Zions Bancorporation full-time for more than 5 years

    Pros

    There are some good folks that still work there... But there have been even more great people that have left because of in-competent, in-experienced executive and senior management.

    Cons

    Lots... compliance issues.. production stability issues.. federal regulators have arrived (and they are not happy)... lack of leadership at all levels..

    Advice to ManagementAdvice

    The CIO and CTO should resign before the hammer falls. Experienced I.T. Executives from outside of the bank need to be brought in to clean things up before it is too late.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Lots of promises, no delivery.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Engineer  in  Salt Lake City, UT
    Former Employee - Systems Engineer in Salt Lake City, UT

    I worked at Zions Bancorporation full-time for more than 5 years

    Pros

    Work flexibility (while it lasted). Lots of new technology whether the bank needs it or not. Good people to work with (until they leave). There are opportunities to learn and grow if you take the initiative to find them for yourself.

    Cons

    Horrible benefits. Inept management. No leadership at executive level. Zions Bancorporation and more specifically the IT organization has become a very toxic organization to work for. All decisions at the executive level are made based on the ego of one particular person. Technology fit and what is best for the organization take a back seat. It's disheartening to see millions (literally) wasted on unnecessary purchases when on the other hand we refuse to invest in things we need. This has led to a mass exodus of talent leaving a bunch of less than qualified people holding the bag. Oh, and did I mention the benefits are horrible?

    They have recently kicked off a core replacement project that is already headed down the wrong direction. Steer clear when the project fails as they will be looking for people to take the fall for the failures of management.

    I tried to stick it out hoping that it would get better but after years of only seeing things get worse I had no choice but to move on.

    Advice to ManagementAdvice

    I don't think at this point there is any advice that would help management. They are either a key part of the problem or have their heads too deep in the sand to notice. Stop getting on quarterly conference calls and telling us that we have great health insurance. It's a lie and we all know it. It's insulting.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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