Fifth Third

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Fifth Third Reviews in Cincinnati, OH

Updated Jul 11, 2014
All Employees Current Employees Only

3.3 125 reviews

44% Approve of the CEO

Fifth Third President, CEO, and Director; President and CEO, Fifth Third Bank Kevin T. Kabat

Kevin T. Kabat

(73 ratings)

39% of employees recommend this company to a friend

Review Highlights

Pros
  • They treat their employees terrible and have no regards for work life balance (in 17 reviews)

  • Worked with some awesome people; good benefits in line with what others offer (in 26 reviews)


Cons
  • New upper management in the Chicago area have a personal agenda (in 29 reviews)

  • Sales goals are not realistic and the training was inadequate (in 26 reviews)

More Highlights
125 Employee Reviews Back to all reviews
in

     

    Drama, backstabbing and a horrible job

    Late Stage Bankcard Collector (Former Employee) Cincinnati, OH

    ProsI have no pros to share about Fifth Third. It is a company that has gone downhill quickly in the last 4 years I worked there.

    ConsManagement is conniving, backstabbing, and does not have their employees well being in mind. They keep people on the job who kiss up, and fire people who are honest and hardworking and don't play office politics.

    Advice to Senior ManagementHave integrity and do the right thing. This sounds like a simple request, but management there needs to take lessons on integrity and honesty and really caring for people.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Disapproves of CEO

     

    The worst job I had in my 40 years of working

    Mortgage Loan Processor (Former Employee) Cincinnati, OH

    Prosabsolutely none. this was a horrible experience. It was like working in sweathouse and in salary. I think being unemployed is better than working there

    ConsNo money, long hours, micro management, horrible. working conditions, no future just a lose lose altogether

    Advice to Senior ManagementLearn respect, slavery is gone. Management do not always have all the answers. Peones are people and we demand respect. (Amy Ingles), Keli Clements

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Disapproves of CEO

     

    There are many other banks that will treat you better

    Personal Banker (Former Employee) Cincinnati, OH

    Pros40 hr work week, employee discounts

    ConsTraining is so sub-par that you are set up to fail. Go to other bank, don"t come here.

    Advice to Senior ManagementListen before you judge

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Pathetic excuse for a bank

    Assistant Vice President Operations (Former Employee) Cincinnati, OH

    ProsSome very good people at Fifth Third Bank.

    ConsAtmosphere of stupidity, people afraid to try competitive practices. Nazi like "Employee engagement activities. expensive benefits, low pay compared to competitors, HR has hiring manager crippled with their policies.

    Advice to Senior ManagementStop nickle and diming your employee benefits and salary.

    No, I would not recommend this company to a friend

    • Culture & Values
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    Do not accept a position with this bank!

    Teller (Current Employee) Cincinnati, OH

    ProsThe profit sharing and 401k are positives.

    ConsI have been with this company for one month and I am looking for another position. Fifth Third does not have a positive environment. This bank does not care about the customer, only sales!

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Fifth Third actually stands for three people doing the work of five (or more).

    Card Fraud Investigator (Former Employee) Cincinnati, OH

    ProsThey are always hiring and can provide a "quick fix" to an employment need. If you're at the Madisonville Campus the parking is free. Decent amount of paid time off with an option to "buy" a third week of vacation from the first day you're an employee.

    ConsLove what you do on your first day because that's what you'll do there for the rest of your life. There is no upward mobility, there are no promotions, there are no bonuses, there is no process imrpovements. What you see is what you get. Management does not want to implement improvements to their systems or processes and there's no staff development regardless of how many e-learning classes are completed.

    Madisonville Campus is based out of two old warehouses. In one of the buildings if you stand up and look both ways you can see from one side of the building to another because there's no walls, no privacy, and nothing but unhappy people trying to survive another day in the trenches. Additionally, the cafeteria in the Madisonville Campus is expensive to the point where you wonder how much the company is making off their employees who are, in all intents and purposes, stuck at this location for their entire shift. No healthy options available for food or drink. It's an unhealthy work environment surrounded by unhealthy workers.

    Advice to Senior ManagementYour retention rate is abysmall, stop for a moment and think to yourself why that is the case. Improve your standards so that you're falling within industry standards of what is expected instead of trying to skate past on simply upholding governmental regulations. Improve your fraud awareness strategies and the way in which you address disputes/fraud because the majority of the time is spent with customer service trying to sort this out since no one has instructed them on what goes where.

    Create an environment that allows for growth within the company instead of chewing up incoming employees and spitting them back out bitter and aggravated with the way they were treated both by the company and their department heads. Reward top performers with something, even if bonuses can't be on the table due to the economic downturn, there should be some incentive to do your best work besides keeping your position for another day.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Disapproves of CEO

    2 people found this helpful  

    Foreign Exchange Trading Floor - 3rd floor of small tower

    FX Trade Support Analyst I (Former Employee) Cincinnati, OH

    ProsFree downtown parking on the weekends and weeknights.

    ConsVery political, aggressive, and bias. Full of sharks and supports aggressive corporate culture.

    Advice to Senior ManagementIn order to produce a positive and effective working morale, the organizational culture and work environment needs to be positive. By always promoting sales and increasing revenues while minimizing costs, the environment effects employees and becomes resentful towards the company.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    NIGHTMARE!

    Accounting (Former Employee) Cincinnati, OH

    ProsSome very talented people come into the organization and try very hard to make a difference. Unfortunately, they don't normally last very long.

    ConsOverall, a very tough place to work. The outdated 1980's strategy of trying to cut costs to the bare minimum (i.e. screw the rank & file employee) while demanding strong internal revenue growth, fueled by overpaying for acquisitions is just not working anymore. Who wants to work ungodly hours with unreasonable expectations only to get below "cost of living" reviews year after year while the incompetent executive scumbags walk away with all the money & stock awards.

    Management at all levels is filled with yes men and empty suits. Turn-over is unbelievable. If you are a new employee, expect to last no more than a year. The back-stabbing politicians that survive are normally a large number of 20-something know-it-alls in management positions that they are not qualified or ready for, but, hey, they work cheap.

    In Cincy, everyone seems to know someone who is an "ex-fifth third employee" and 99% of them despise the place.

    Advice to Senior ManagementSell before you actually do go under.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • No Opinion of CEO

    2 people found this helpful  

    Stay away, far away!

    Analyst (Current Employee) Cincinnati, OH

    ProsLarge company, some opportunity to advance within the company. Bank surviving despite poor economy.

    ConsManagement has no respect for its employees. Treats employees very poorly and doesn't communicate well. Extremely stressful work environment. The bank is being hit hard by the bad economy, causing layoffs. Management treats employees as far inferior and doesn't provide much recognition when job is done well. Direct management is not fair and not honest. Majority of management does not take time to get to know their employees personally and understand issues that may be going on in their personal lives.

    Advice to Senior ManagementBe more respectful of direct reports. Let employees review their direct managers as part of yearly performance reviews and factor into the manager's review and rate increase. Be more proactive with employee engagement and require all types of managers to attend training to work on their tactfulness. Only put people in management who are personable and have respect. Offer employees a means to anonymously offer praise or critism of their managers and follow up on major concerns.

    No, I would not recommend this company to a friend

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    • Disapproves of CEO

     

    Run Away!

    Mortgage Underwriter (Former Employee) Cincinnati, OH

    ProsThe employees are the only reason why you would even consider staying.

    ConsWorking 70 hours per week, 6 to 7 days per week is very common. Management threatens employees with layoffs if monthly goals are not met. Management making poor business decisions by overriding the underwriters and allowing risky loans to close. This is a "Lean Six Sigma" company but quality is not part of the equation! "Lean Six Sigma" promotes an atmosphere that encourages fraudulent activity from employees who receive significant commission or bonus income.

    Advice to Senior ManagementStop hiding behind your closed office door. Spend a few minutes each week with employees to find out about their concerns. Keep an open mind. Take a stand against fraudulent activity.

    No, I would not recommend this company to a friend

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