Fifth Third

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Fifth Third Reviews

Updated March 1, 2015
Updated March 1, 2015
659 Reviews
3.2
659 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Fifth Third President, CEO, and Director; President and CEO, Fifth Third Bank Kevin T. Kabat
Kevin T. Kabat
294 Ratings

Review Highlights

Pros
  • Work-life balance is easily attained when working at Fifth Third Bank (in 21 reviews)

  • Worked with some awesome people; good benefits in line with what others offer (in 28 reviews)


Cons
  • Upper management doesn't understand things that happen within the branch (in 31 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great training and skills development.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retail Personal Banker in Toledo, OH
    Current Employee - Retail Personal Banker in Toledo, OH

    I have been working at Fifth Third full-time (less than a year)

    Pros

    Upper management is involved and cares about the health of your financial center. There is lots of room to move up into the position you want. Management is willing to coach and develop you to become the best you can be.

    Cons

    High turnover. The job can get very stressful in regards to meeting goals which leads to some bankers switching jobs or banks.

    Advice to ManagementAdvice

    Stay involved with your affiliates financial centers.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Fifth Third Bank - An organization that lacks a management that has focus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Vice President, Commercial Real Estate Lending in Tampa, FL
    Former Employee - Vice President, Commercial Real Estate Lending in Tampa, FL

    I worked at Fifth Third full-time (less than a year)

    Pros

    Independence, set my own schedule, a decent paycheck, was able to source business that could have been considered quality investments within commercial mortgage lending. Good benefit package.

    Cons

    Management gives the appearance of incompetence particularly in my area of expertise. Unapproachable and from my experience had no vision. I was hired in a VP position but there was absolutely no training. In fact, I had no office support staff. I had no key to my office on the 18th floor for several weeks and no computer for 4 weeks. If I wanted to prepare a solicitation package I had to access the materials, draft the package myself , assemble it and with no adminstrative assistant help.

    Advice to ManagementAdvice

    Those in mid to senior management levels need to get their act together. When presented with a relationship-building opportunity, they need to have people in place who can recognize it for present and future dealmaking potential that can result in long-term relationships. Bank is multi-dimensional and has the potential to compete with similar regional banks.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Good company with great benefits, slow moving, upward career path.

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

    I worked at Fifth Third

    Pros

    Benefits, bonus/incentives, people, opportunities, culture

    Cons

    Base salary just ok, conservative environment

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Fifth Third Bank - Corporate / Investment Banking

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

    I have been working at Fifth Third full-time

    Pros

    Strong leadership dedicated to growing the business. Talented professionals across the Corporate / Investment banking platform. Easier than [larger shops] to be promoted from Analyst to Associate to Principal to Director. Clear path to advancement.

    Cons

    IT Systems [support and functionality] / Gaps in spending on Infrastructure.

    Recommends
    Neutral Outlook
  6.  

    Headed in the wrong direction

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

    I have been working at Fifth Third full-time (more than 5 years)

    Pros

    Best perk about working at this location is the free parking. The Bistro offers a nice variety of dining options on campus which comes in handy when you are rushed for lunch.

    Cons

    Where to start?? It's the annual review season here and there are a lot of angry people walking about the building. As usual, we hear from upper management how the company is doing well and how much they appreciate all the hard work we've done, but then you get your notice on what your pay increase is for the year and you find out that after they have reduced your Benefit Dollars and increased the employee cost of medical and dental insurance that you are actually bringing home less money than you were last year. It's a literal smack in the face. I've watched a lot of good, hard working people walk out the door this past year and I believe I've finally figured out why. Fifth Third management identifies who they feel are "high performers" and will groom these folks to progress upward within the company. The rest of the people are just job fillers and you are on your own. No coaching, no training, no support at all. The business model is to keep turnover high (in the 38% range) because to upper management it's more economical to bring in new people off the street and pay them lower wages than it is to actually develop people and pay them a decent salary. The only way to make more money is to try to find a position a level higher than the one you have. The problem with that is you have to be on that list of top performers to even be considered regardless of what experience you can bring to the table. If you are desperate for a job and it comes down to starving or working here, I think next time I'd choose to starve. My recommendation to anyone seeking employment with Fifth Third is to stay away. I know I won't be here much longer. I came here thinking I could have a career and what I've discovered is that it's just a job.

    Advice to ManagementAdvice

    My advice to upper management is to actually develop all your employees and not only the "annointed". There are many, many good people who come in every day and work hard. All they want is a fair wage and the opportunity to contribute more. I can guarantee you that the expense of developing your people is better spent that the cost to on-board and train new hires every time you turn around.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    I was a summer intern in the Retail Lockbox Operation center in Madisonville, OH.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Intern - Intern in Madisonville, OH
    Current Intern - Intern in Madisonville, OH

    I have been working at Fifth Third as an intern (less than a year)

    Pros

    It was a nice work environment where everybody got along very well. Very easy process to pick up on.

    Cons

    The leadership played more of a managerial role than an actual leadership role. I had to pick up most of the information on my own.

    Advice to ManagementAdvice

    Please ensure that the management is looking to enhance the experience for all workers. I was not happy with the management I experienced mainly due to the fact that they were distant.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    PB2

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

    I have been working at Fifth Third

    Pros

    Hours are 8:30 - 5:15.

    Cons

    Sales goals are high. A lot of focus on loans.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Painfully slow corporate processes

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

    I worked at Fifth Third

    Pros

    Pay was great if you can stand doing nothing in a grey cube.

    Cons

    Grey walls, meeting after meeting after meeting with no decisions being made

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Challenging Organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wealth Management Advisor in Atlanta, GA
    Current Employee - Wealth Management Advisor in Atlanta, GA

    I have been working at Fifth Third

    Pros

    Great products and services to sale, nice ESOP and 401k plans, competitive salary, reasonable sales goals with bonus plan.

    Cons

    can be very competitive to the point of being cut throat with some team mates, meetings for meeting sake.

    Advice to ManagementAdvice

    the employee surveys are quite interesting, you should really take a longer look at the negative responses, most will give a glowing report because it is easier to complete. the real answers you are looking for are in the longer comment section.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Conservative, stuffy bank, but great if you like that type of atmosphere

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

    I have been working at Fifth Third

    Pros

    Job security is pretty good and if you find your spot you can stay on autopilot for sometime.

    Cons

    Opportunities for growth are not present except for select few.

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