Metropolitan Bank and Trust

www.metrobank.com.ph
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Metropolitan Bank and Trust Reviews

Updated May 26, 2015
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3.3
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Arthur V. Ty
5 Ratings

14 Employee Reviews

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  1. Good Place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust

    Pros

    Good environment with positive atmosphere. Its great working with loyal customers who believe in that " small town banking feel " !

    Cons

    Negative press has been discouraging recently but there is nothing that can be done about that. The media likes to tell their stories and that has affected everyone.

    Advice to Management

    Doing a great job overall. Good practices exemplified by management in navigating a tough recession for everyone have made everyone feel confident in the way the company is being run.


  2. Salaries and benefits

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance Manager
    Former Employee - Finance Manager

    I worked at Metropolitan Bank and Trust (More than 5 years)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The good thing in working of one of the largest bank in the Philippines is that they pay more than what is required by law in terms of month paid per year. Metrobank has 15th month pay , compared to what is required by law which is only up to 13th month. Aside from that they also have medical benefits ,clothing allownaces and various de minimis benefits.

    Cons

    As to the cons, in terms of salary difference between rank & file and officers. The gap is wide which is almost double of that the salary of rank & file, although as an officer your responsibility is also higher compared to that of the rank & file

    Advice to Management

    Review the Salary difference between the rank & file and that of officers, because the rank & file workers do the dirty work aside from the fact that they don't receive a Profit sharing.


  3. A-OK

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -considerable compensation and great fringe benefits given the manageable workload (coming from a control back-office position), -in relation to the first point, great place to retire or work while you're pregnant -family-oriented (religious branch personnel)

    Cons

    -hard to get projects approved because of bureaucracy and red tape, thus limiting opportunity for growth -conservative mindset of management

    Advice to Management

    -Be more open to new ideas -Lower training bonds for young professionals


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  5. Working for Metrobank as a rank and file employee

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust

    Pros

    Lots of benefits compared to other banks, yearly increase of basic salary for rank and file (1,500.00) as of CBA year 2012-2015, Merit base promotion.

    Cons

    Lots of work load, quota base performance for branches, low starting salary for entry levels.


  6. Good compensation package

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good compensation package, pays up to 15 months plus allowance and performance bonus ( not guaranteed )

    Cons

    Be patient to wait for your promotion as it may take forever. Also, forced ranking policy puts too much pressure on some people forcing them to be evil

    Advice to Management

    Upgrade technology and other facilities


  7. Good learning experience at one of the largest banks in the Philippines, but comes with a lot of stress and poor IT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust full-time (More than 3 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Training is adequate with plenty of classes. Senior management listens to your inputs if they find the time. Generally senior management comes across as a smart bunch of people. People tend to work hard but are still very willing to help.

    Cons

    Middle management is so-so for one of the largest banks in the Philippines. Compensation is low-to-average since their largest cost is manpower cost. Also, promotions are slow. Poor performance in any given year is punished by reducing the chance of promotion in the succeeding two to three years (usually though promotion is completely forgotten). IT systems are antiquated and development projects can be delayed by up to a few months to a few years. Since IT infrastructure is weak, most processes are performed manually.

    Advice to Management

    I wish they had a fairer compensation scheme and better IT in place so that working there is rewarding..


  8. High standard financial institution

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Branch Operations Officer
    Former Employee - Branch Operations Officer

    I worked at Metropolitan Bank and Trust full-time (More than 10 years)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    They value most on customers and with high quality of service. They offer a very satisfactory salary. A good standard on employee empowerment and self improvement.

    Cons

    Some senior officer on the countryside levels are promoted trough palakasan system but not quite qualified for the position and upon assumption of post they mostly under estimate rank and file especially those that committed some mistakes during their assumption as junior officers.

    Advice to Management

    Higher management should have a comprehensive screening on some officers before they are promoted to senior officers including a survey on rank and file and not just depend on recommendations of other senior officers.


  9. Contented

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative in Makati City (Philippines)
    Former Employee - Administrative in Makati City (Philippines)

    I worked at Metropolitan Bank and Trust full-time (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    there are many benefits for staffs

    Cons

    lately becomes stingy on benefits

    Advice to Management

    n/a


  10. Check Out the Company First Before Applying

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Human Resources Assistant in Makati City (Philippines)
    Former Employee - Human Resources Assistant in Makati City (Philippines)

    I worked at Metropolitan Bank and Trust full-time (More than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    They provide good benefits for officers. Steady income of at least 15 months with a good chance of earning up to 18 months if you are a performer.

    Cons

    A lot of people are demotivated which would somehow affect the people around them thus high attrition across groups and divisions.

    Advice to Management

    Be open to suggestions


  11. Working with Metrobank is a rewarding but also a truly testing experience that will challenge your wisdom & character,

    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Metropolitan Bank and Trust full-time (More than 10 years)

    Pros

    1. Salary & benefits are up to par 2. Working condition is conducive 3. Opportunities to hone & develop your skills are great 4. Recognition & promotion is high but competitive

    Cons

    1. Current state of affairs in the management of the bank is admittedly very hard as compared to the past management. There is a culture of fear thriving & growing every day in the bank because of new policies, guidelines, procedures, reportorial requirements & even the way these changes are being communicated or imposed upon the people of the organization.

    Advice to Management

    Practically everybody in the organization sicerely cares for the bank. Yes there's a lot of going and changes to undertake to further the bank's growth but these can be done without sacrificing the morale of its people and the humanity of treating them as important and useful individuals and not like puppets or machines without feelings and emotions. After all, man is still and will always be the best resource in any organization.



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