GE Capital Reviews in New York City, NY

Updated August 6, 2014
Updated August 6, 2014
582 Reviews
3.5
582 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
GE Capital CEO Keith Sherin
Keith Sherin
66 Ratings

Review Highlights

Pros
  • Good work-life balance, standardized rating system so you know where you stand (in 52 reviews)

  • Opportunities to learn through world-class training sessions (in 17 reviews)


Cons
  • Company advertises a work-life balance however the reality is there is little time for anything but work (in 24 reviews)

  • Conformist environment with a weak HR that is more of a mouthpiece of the senior management (in 19 reviews)

More Highlights

11 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Excellent Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President  in  New York, NY
    Former Employee - Assistant Vice President in New York, NY

    I worked at GE Capital full-time for more than 5 years

    Pros

    Amazing career opportunities, fantastic leaders

    Cons

    Many layers of management, can be difficult to navigate at times

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great people, team oriented, envelope pushing, commercially intense organization.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Program Manager  in  New York, NY
    Current Employee - Program Manager in New York, NY

    I have been working at GE Capital full-time for more than 5 years

    Pros

    High level of integrity and class acts across all levels of the company. Customer centric approach to all aspects of the finance/lending space. Lofty goals for growth and strong leadership support with many years experience in the company.

    Cons

    Large organization with scale, however change/innovation comes at a slow rate. Industry leaders in what we do but there is certainly room for growth in the ability to evolve products/processes.

    Advice to ManagementAdvice

    Drive for quicker change to keep up and lead the pack in terms of innovation. Remove boundaries and allow for flexibility (less cookie cutter solutions and more tailored on a per client/need basis).

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Account Manager - Terrible

    Former Employee - Account Manager  in  New York, NY
    Former Employee - Account Manager in New York, NY

    I worked at GE Capital full-time for more than a year

    Pros

    Large entity, looks good on resume, reputable company, and highly competitive. Although many internal jobs, very little internal mobility or flexibility.

    Cons

    Terrible morale, horrible managers, sweat-shop atmosphere, stressful, etc.. Managers have no idea of what is going on in reality and will not divert from plan despite economic conditions. Poor bonus structure due to overlap of different business groups all competing for the same customers.

    Advice to ManagementAdvice

    Get a clue.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Wonderful people, great personal benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Communications Manager  in  New York, NY
    Former Employee - Communications Manager in New York, NY

    I worked at GE Capital full-time for more than a year

    Pros

    - Very intelligent, smart, passionate employees
    - Strong work/life balance
    - Lots of fun corporate events and get-togethers
    - A lot of professional & personal development seminars and classes

    Cons

    - Upper level management doesn't give employees a clear strategy
    - Projects can be cancelled at the last minute which is very discouraging
    - Doesn't show loyalty to employees

    Advice to ManagementAdvice

    Don't change your business strategy multiple times a quarter, it makes the work very confusing

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Great 1o years ago, now dying a slow painful demise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - EMEA  in  New York, NY
    Former Employee - EMEA in New York, NY

    I worked at GE Capital full-time for more than 5 years

    Pros

    Lot's of opportunity for training and responsibility. Hires mostly from outside now that market has improved in CT and NY.

    Cons

    Most upper mgmt has no or little real experience in institutional investments or the decision process at plan sponsors/consultants. Lot's of turnover at the top and gender bias in certain jobs. Closing products without telling outside.

    Advice to ManagementAdvice

    Go passive or sell off the liabilities. Hire an unbiaded consultant from outside to review HR procedures.

    Doesn't Recommend
    Negative Outlook
  7.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at GE Capital

    Pros

    Excellent training and working with smart people

    Cons

    Lower saleary/bonus than other competing firms

    Approves of CEO
  8.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate  in  New York, NY
    Former Employee - Associate in New York, NY

    I worked at GE Capital

    Pros

    Great company to work for. You will get excellent training. Knowledge sharing throughout the company is a plus. Innovative deals.

    Cons

    The company is very centered around politics. To advance, you have to play the game. They recognize smart people, but you also have to suck up to management to get ahead. Salary is not comparable to investment banks.

    Advice to ManagementAdvice

    Reward employees more for their hard work and less for their political expertise. Also, the company does not have a very flat structure-too much heiarchy.

    Recommends
    Approves of CEO
  9.  

    None.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Mortgage Specialist  in  New York, NY
    Former Employee - Mortgage Specialist in New York, NY

    I worked at GE Capital

    Pros

    Benefits, steady job, backup of a big company.

    Cons

    Slow information flow, often incompetent mid-level management.

    Advice to ManagementAdvice

    None.

    No opinion of CEO
  10.  

    GE solid, but too big

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Management Program  in  New York, NY
    Former Employee - Financial Management Program in New York, NY

    I worked at GE Capital

    Pros

    The organization was strong, The GE family means being a part of something that you can be proud of. From my first day they pushed the GE brand and the AAA rating. I learned a lot through their training programs and even more from working with the individuals their. The company was clear with the programs and it seemed like the customers respect the GE name.

    Cons

    GE is so large you can feel lost. You truly do become a number instead of a name or a face. They also are doing everything they can at the moment to cut back costs. This makes sense because of the economy but it isnt like the banks where they throw luxuries at you to make you put up with the large amount of work.

    Advice to ManagementAdvice

    Do what you can to make the little people not feel lost in the big sea of GE

    No opinion of CEO
  11. 1 person found this helpful  

    Immelt Hears Employees, Submits Resignation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Vice President  in  New York, NY
    Former Employee - Senior Vice President in New York, NY

    I worked at GE Capital

    Pros

    I would say work/life balance. the firm has some good people who mean well, but those people feel beaten down by the beurocracy that's inherant in a large organization and either get so frustrated that they stop trying or end up leaving to go to other firms. The risk organization provides a good underwriting trainging ground. If GE capital survives it will be a much smaller/leaner organization which suggests that it will be a good place to work going forward in that there will be less incumbant talent. therefore, those who are talented will be able to rise through the organization faster.

    Cons

    weak leadership, compensation relative to other financial firms (though this is a trade-off for very good work/life bal). buerocratic - despite recent downsizing the organization has a long way to go here.. no-one is incentivised to take risks, in fact they arre dissencentivized. senior leadership is totally risk averse which means that plain vanilla products (leases, small business loans) will be the bread and butter of the organization and larger deals will be passed on. Senior leadership doesn't understand most of the financial products in the system and is totally inwardly forcused and removed from customer contact. they view deal professionals as salesmen.

    Advice to ManagementAdvice

    quit

    Doesn't Recommend
    Disapproves of CEO

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