Ford Motor Credit Reviews
Updated Oct 21, 2011 – Reviews are posted anonymously by employees.
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Company Rating Based on 52 ratings Employees say it's "OK" |
CEO Rating
Based on 32 ratings
Chairman and CEO |
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Pros
Hours are not too bad. Pay is ok, especially in this economy. There is a gym to workout during your lunch or after work. Promoted fast, until you get to loss prevention position.
Cons
Some days you have to work late (til about 10pm). Once you get to loss prevention, promotions are few and far in between. They monitor your calls then you and about 25 people listen to it out loud, together. They count every little minute your late. Not flexible with time off.
Advice to Senior Management
Stop the group listening sessions of peoples work, its embarrassing. Coach more individually. Other than that management was pretty cool and down to earth.
Pros
Ford Motor Credit's top management has a very good reputation in the Finance industry. The benefits and salary are are good. Outstanding in their efforts with charity and community service. Very nice facility.
Cons
Hostile work environment. I could not believe the things that were said to individuals and absolutely no action taken by management--even when events were reported! Not clear with objectives and assignments. They waste a major amount work hours there doing things over and over due to lack of direction.
Advice to Senior Management
Start addressing the hostile work environment. Make sure assignments are clear. Stop the micro-management. Get some temps to do the "gopher" work.
Pros
Great benefits. Discount on automobiles
Cons
You have be a complete idiot to get fired. If you are a problem, they will just move to another group
Advice to Senior Management
Hire more competent folks
Pros
benefits, gym on premises, great cafeteria, training and training opportunities, yearly bonuses based on review,
Cons
stressful work, constantly changing work schedule, suspect policy for customer feedback, community outreach opportunities
Advice to Senior Management
I do not have much to say about the management at Ford Credit. During my years there I had a good working relationship with most of them. My disagreements were with upper management due to their outsourcing of jobs.
Pros
Exceptional place to work...I was hired directly out of college and enjoyed a very diverse, exciting career. They did a good job of moving employees based on merit and potential.
Cons
Layoffs since 2007 and constant change in strategic direction for call centers are causes for stress and uncertainty among employees.
Advice to Senior Management
Use a bit more time in planning strategic changes (i.e. closing a call center and/or moving work to another site) and ensure those handling the work are involved to ensure you make the right decisions.
Pros
Good products and services
great training programs
Cons
cost of funds very high
As a former Volvo employee, most of us were not accepted as being qualified because we had not come up through their organization, sat in all the chairs to get to our position.
very political, good old boy club.
Advice to Senior Management
They now ave cut back on staff and services that only the basics are covered. To grow their business and sales, they are going to have to get more involved with business credit again.
Pros
Nice pay and great benefits. Had a lot of Holidays. Many good people to work with. Coworkers do appreciate help.
Cons
Management, Management, Management. Bunch of old timers, who has no clue of what to do in a Global economy. Cutting was their response. People who created issues got bonuses and all the hardworking people got lay off notices. If you actually work, you had to work 80 to 100 hours a week.
Too many levels of management. Each level will create more obstacles than help.
Advice to Senior Management
Leave this company. Let the company take its own course. Stop letting incompetent management make any decisions. Too many useless people on all levels. Need to hire actual workers and better management.
Pros
competitive compensations and competitive benefits
Cons
difficult to further career due to shrinking staff
Pros
Overall it's a great place to work.
Cons
Not many chances for career advancement. Lots of pent up demand within the emplyoyees.
Advice to Senior Management
Awesome job! Keep up the good work..
Pros
good benefits
good pay
good hours
ok people
ok location
Cons
communication w employees
unprofessionalism
lack of honesty
