GMAC Reviews

Pros

Work with some of the best in automotive financing industry. Learn about a dynamic balance sheet.

Cons

Minimal growth, minimal training, lack of efforts by management to boost employee morale and very clickish (people from ex work places prefer to work with one another versus trusting legacy employees)

Advice to Senior Management

Encourage employee growth and development programs and help them excel in their careers.

Pros

Lot of hiring. There's gotta be something that suits anyone.

Cons

Highly mismanaged. By far one of the least competent teams made up mostly of contractors

Advice to Senior Management

Shove it

Pros

Great place to work.
Everyday is a new thing you can learn and the staff is helpful.

Cons

Long hours, like to hire contractors.

Pros

Gained a tremendous amount of experience in a short amount of time. They are not cheap with technology investments and treat their employees fairly well.

Cons

Flip flop too much between in source and outsource technology models.

Pros

People are nice and friendly.

Cons

complete sweatshop, expect to work 60 hours per week,

Pros

good pay, decent environment, challenging tech

Cons

too much bureaucracy, poor financial management

Pros

close knit group in the tax department

Cons

other departments are less willing to assist other depts.

Advice to Senior Management

allow more interaction between the departments so information flows easily and accurately

Pros

New management team has righted the ship. It had been on the precipice of failure, and did not have the infrastructure to systematically manage risks in its core businesses.

Cons

It survived a tremendous amount of stress in the financial markets, ultimately becoming government owned. A change in government ownership or some other long term solution (acquisition or IPO) might provide a sounder footing / more clear strategy.

Pros

GMAC used to be very entrepreneurial with a sense of family and common goal. We felt respect and valued. Not sure how it is now, but for me the biggest pro, was the people I worked with. My manager at the time was very people-oriented which provided incentive to work harder, take calculated risks, and hold myself to a higher standard.

Cons

BUREAUCRACY!! Upper management got in the way, constantly second guessed everything then felt the need to fix the resulting malaise and decline in morale with programs and initiatives that further eroded the time we had to perform our core functions. It was a downward spiral of confusion, angst, and the feeling that we were not valued by the organization. A significant amount of good talent left the organization during those times.

Advice to Senior Management

Have a little faith in the folks you hire. Get out of the way as much as possible and let them work! To be fair, most of the management team described above are no longer there, but it still saddens me when I talk to my former colleagues and hear how unhappy many of them are. It used to be a fantastic place to work. It'd be nice to see GMAC, or Ally rise to that level again!

Pros

Exciting place to be - lot of change.

Cons

Limited opportunities for internal mobility and development. Infrastructure not as strong as it should and simple tasks become difficult and time consuming.