GMAC Reviews
Updated Jan 5, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 42 ratings Employees say it's "OK" |
CEO Rating
Based on 9 ratings
CEO and Director |
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Pros
Flexible IT culture, great work environment.
Cons
some of the processes are too beuraucratic.
Pros
If on the "right" staff the work - home life balance and flexibiltiy is awesome
Cons
The old way thinking vs. the new innovative thinking is a head on collision. Better Communicaiton and consistant messages from all departments is needed.
Advice to Senior Management
Get consistent in HR, staffing and departmental messages. Especially if with organizational changes HR should be mandated to announce. Give new org. charts and communication the changes to the group. New managers should have a time limit to HAVE to announce their teams.
Pros
Hard-working folks, career-oriented people. Fine benefits
Cons
Workaholic atmosphere; some cliques in upper management
Advice to Senior Management
Switch to Ally Financial seems to be a true positive change.
Pros
The perks and the work environment was good.
Cons
Management was not as competent as they should have been.
Advice to Senior Management
Should be better trained.
Pros
Flexibility with scheduling hours and workday
Cons
Too much turn over within office
Advice to Senior Management
Promote from within
Pros
Benefits, Work Environment, Average Pay, Good Management
Cons
Financial Stability, Not Competitive in Marketplace at times
Pros
Good Pay, good benefits if you are a direct employee. Employees are generally bright and work hard to do the right thing.
Cons
Too much emphasis & Influence placed on people who came from somewhere else. Not enough opportunities for those Detroit based employees.
Advice to Senior Management
Trust the people who have been there and done that. Don't ignore the auto side of the business just to become a bank.
Pros
It has a great work life balance and people are generally pretty friendly. They were completely relaxed about working from home and so on.
Cons
It is the most chaotic and disorganised place I have ever worked. The left arm does not know what the right arm is doing. Usually, what the right arm is doing is scrabbling around in the dark looking for the light switch.
Advice to Senior Management
The culture is extremely chaotic and it is very hard to figure out who is in charge. This company really needs some strong leadership. I think this has to come right from the top.
Pros
Lateral rotational opportunities allow you to learn many different jobs within your business segment. A very profitable business segment (auto finance) with satisfactory pay.
Cons
Flat organization (very low to no upward mobility); Health benefits are not competive (if not all together too expensive to use); low cross promotional opportunities into other segments of interest (i.e. banking, insurance, mortgage); low tuition assistance; office locations are not upscale.
Advice to Senior Management
Develop career tracks to better support retention and eliminate the air of nepotism that exist from GMAC's past. Diversify leadership, the company has done well expanding it junior ranks through diversity but is severely lacking in diversity beyond the lower positions. It is very deflating as a minority (future business leader) when no one (excluding a few HR executives) beyond the Operations Manager position is non-white. It's not that there is racial tension but it is believed among the minorities that the glass ceiling is very low and unlikely to be broken through if not at all impossible to break through. I think if you research company attrition you may very well see a disparaging number in turnover of talented, well educated and polished non-whites. You will also see that Ally is begining to be cherry picked for it's junior talent pool, which say Ally has done a good job training and devloping junior talent, but not rataining them.
Pros
Scheduling flexibility, age of company, and part of larger corporation
Cons
Low morale, unfair promotion practices, unstable work environment
Advice to Senior Management
Hold leaders accountable for employee development and creating a work culture.
