KeyBank Reviews

Pros

Great hours, laid back atmosphere, focused on client connections.

Cons

Hard to schedule vacation time, tough to be promoted into higher positions even with a college degree

Advice to Senior Management

Promote more from within and not externally

Pros

Good Work /Life Balance for most employees.

Cons

Pay and benefit practices are not individually communicated well.

Pros

Good life work balance encouraged by upper level management.

Cons

Not as high paying as some other banks

Advice to Senior Management

Keep the talent at home

Pros

Exceptional work/life balance. Very flexible work schedule.

Cons

Poor management. Poor performance supervision and support.

Advice to Senior Management

Hire a competent Branch Manager.

Pros

Benefit package, vacation time, 401K match

Cons

No value is placed in customer service, some managers are inexperienced, no value in personal, family time.

Pros

work life balance. diversity. key tower

Cons

can't pay as well as banks in new york. terribly inefficient IT staff

Pros

Professional Growth opportunities and incentive pay

Cons

Training program needs to improve

Advice to Senior Management

Put together a better training program and upgrade systems

Pros

Key does pay their employees higher than average salary. This could also make them a candidate for a buyout in the future.

Cons

Overpromise, underdeliver. This is a good place for people starting their careers but I would not reccomend it for experienced advisors. The products available are very limited. Bank does not get paid on managed money. Clear through pershing. Annuity focused.

Advice to Senior Management

Create a compensation structure where the bank is incented to find more than just annuity business and bond funds. Short term sacrifice to do whats right for clients will always pay off in the long run.

Pros

Flexible work arrangements, opportunities for advancement, friendly and knowledgeable people to work with. Our CEO is very focused on employee development and making Key Bank a great place to work.

Cons

Very political environment. The organization needs to focus on better managing multiple generations in the work place. Decisions are primarily made by Senior Leadership that is not always in touch with or in agreement with Generation X and Millennial Generation.

Advice to Senior Management

Learn to make decisions faster. The politics within the company are a huge turn off to Generation X and Millennials. If you want to keep them around, and benefit from the strengths that they bring to the table, make sure that Baby Boomers understand them and have Senior Leadership figure out a way where the company can benefit from the wisdom and experience of the Baby Boomers and incorporate that to the out of the box thinking and energy from other generations.

Pros

Experience working in the Finance Sector.
Recognizes more holidays than other companies

Cons

Nepotism everywhere
No opportunity to advance
Long work hours
Layoffs looming all the time
Incompetent Management at all levels in IT

Advice to Senior Management

The board of directors should hire a group of MBA’s to replace all management in IT.