People's United Bank
3.0 of 5 108 reviews
www.peoples.com Bridgeport, CT 1000 to 5000 Employees

People's United Bank Reviews

Updated Jul 1, 2014

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3.0 108 reviews

                             

73% Approve of the CEO

People's United Bank President & CEO John P. (Jack) Barnes

John P. (Jack) Barnes

(48 ratings)

52% of employees recommend this company to a friend
108 Employee Reviews
in

Review Highlights

Pros:
  • "Very good benefits so people tend to stay longer then other companies"
    in 7 reviews
  • "Great people to work with; they all want to see you succeed"
    in 6 reviews
Cons:
  • "Very sales oriented with little to no thought about the actual needs of the customer"
    in 4 reviews
  • "No room for growth, low salaries, not much opportunity to make money, not enough promotion from within"
    in 5 reviews
  • Show more review highlights

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Best Place I have worked for

    Lead Customer Service Associate (Former Employee)
    Hartford, CT

    ProsBest training is provided there. I was continuously given the opportunity to advance my education even further.

    ConsSometimes it was difficult to meet your sales goals, but most of the time they did work with you to improve things.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Still a lot of growing pains

    Anonymous Employee (Current Employee)

    ProsLike any bank, you have many career options in other divisions/ departments if you have the interest. They have great strategy and vision as a company.

    ConsThe strategy is lost on the employees by "burning and churning." There is a huge disconnect between what senior mgmt believes and what is felt/experienced in the field. A lot of great people have left for lower stress, greater recognition and higher pay.

    Advice to Senior ManagementReconnect with the field - adjust your execution based on the challenges of what ACTUALLY takes place on the job.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    Good Start, but a Long Way Up From the Bottom

    Anonymous Employee (Former Employee)
    Bridgeport, CT

    ProsFriendly managers and co-workers, workload was manageable. Work-life balance was great - leave the office and no worries until you arrive at work the next day.

    ConsYou are living the Office Space life - white walls, gray cubicle in the "cube farm" floor setup. There are ways to work your way to a bigger and better job, but opportunities are not exactly plentiful and the extra money you would make is nothing to get too excited about. That was just my experience - not necessarily the true reality of the situation.

    Advice to Senior ManagementMore opportunities for advancement - more programs in place to help you reach the next level of experience.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Mediocre

    Anonymous Employee (Former Employee)

    ProsThere is some opportunity for growth, but most of the time open positions are already filled before the "interview" process really begins

    ConsGet the feeling everthing is always a top priority when it truly is not
    Small town vibe

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    • Culture & Values
           
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    Former employee. Great bank to work for.

    Anonymous Employee (Former Employee)

    ProsWell respected in their communities.

    ConsPerceived as out of town bank based in CT.

    – I'm optimistic about the outlook for this company

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    • Culture & Values
           
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    Good place to start and learn some useful business skills

    Customer Service Associate (Former Employee)
    New Haven, CT

    ProsLearn valuable skills, good investment in job related education and trainings such as helping you attain expensive certifications at no cost to yourself, team environment

    ConsHorrible pay. That's pretty much the only thing that truly bothered me about this job.

    Advice to Senior ManagementPay better wages!

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    Sr. Customer Service Associate

    Anonymous Employee (Former Employee)

    ProsEasy job, handled teller transactions and opened accounts.

    ConsLittle to no foot traffic in the branches

    Advice to Senior ManagementIncentive should be based more on individual goals.

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    People's United Bank has a very corporate environment and offers good opportunity for advancement..

    Underwriter (Current Employee)

    ProsThere is a very team oriented perspective to working here. Team members are friendly and welcoming.
    Good opportunities for advancement within the bank to other departments.
    Strong ethical company values and culture.

    ConsAt times, there is too much emphasis on overtime rather than hiring another team member. This causes work balance issues.
    Health insurance benefits are mediocre.

    Advice to Senior ManagementConsider offering more opportunities for additional formal training to stay current with new trends.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
           
    • Senior Management
           
    • Comp & Benefits
           
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    Peoples united Bank

    Fsa (Current Employee)
    Bridgeport, CT

    ProsHours are somewhat flexible
    Lots of PTO time
    Crosstraining everyone will learn how to do every title

    Consis only focused on what their employees can do for the success of the company they do not car about the needs of their employees

    Seven Day banking if you're in the Stop & Shop and have to work every other week

    Advice to Senior ManagementWork with your employees not against your employees

    No, I would not recommend this company to a friend

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Room for growth if you know the right people.

    Anonymous Employee (Current Employee)
    Bridgeport, CT

    ProsGood work-life balanace
    Great people to work with
    Reasonable amount of PTO
    Great entry level opportunities that teach you quite a bit

    ConsPay sucks
    Bonuses and raises are miniscule
    Promotions available if you kiss up to the right people
    Health benefits are average

    Advice to Senior ManagementPay closer attention to the bad apples who spoil the bunch. There are currently mid-level micro-managers in place who should have been fired a long time ago.

    No, I would not recommend this company to a friend

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