Regions Financial Reviews
Updated Feb 2, 2012 – Reviews are posted anonymously by employees.
|
Company Rating Based on 130 ratings Employees say it's "OK" |
CEO Rating
Based on 28 ratings
President, CEO, and Director |
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Pros
Benefits are pretty good, 9 vacations days year in additional to PTO
Cons
Lots a risk, low pay, I do not feel appreciated.
Advice to Senior Management
learn to show your employees that they are not expendable.
Pros
As long as you do your job and meet quotas you had job stability.
Cons
Corporate officers and President and CEO really didn't value the efforts of the employees.
Advice to Senior Management
In the mortgage business I think we all should have learned that making a loan which is of poor quality is not good business at all. To down grade employees because of their moral standards not approve or condone unethical behavior is wrong.
Pros
salary is competitive, training is good and comprehensive for career in general.
Cons
work hours, pressure, fairly high turnover
Pros
Fair and consistent local management. Better than average compensation and benefits. Overall, great people to work with. Objective processes, policies, procedures. Ethical practices.
Cons
Financial strength is of concern. Executive management seems to have little frame of reference - many have worked for the company 15, 20, 25+ years. Mid-level executives seems to be struggling with the tough times, and that desperation to meet unrealistic goals trickles down to line employees who feel contstantly "pounded on." Could do better with career development programs.
Advice to Senior Management
Regional and Area executives - get back to the basics of management and leadership. Learn to be comfortable talking to customers and employees at all levels. Add value with your interactions/communication, or trust people to do their jobs and leave them alone.
Pros
Good culture. Good people. Loyal customer base.
Cons
Not organized for growth. Too many silos. Stuck in old ways.
Advice to Senior Management
Embrace the new banking environment. Break down barriers to change and encourage/reward out-of-the-box thinking.
Pros
*Being able to attend personal events
*Extra days added to timeoff
*Holidays off
Cons
*If there is a employee harrassing you, upper management dont care if that person is making them money
*Not much room for advancement
*They send their jobs to location of their corporate office
Advice to Senior Management
*Treat all employees as equals, not some above others
Pros
Training and career progression is given a high priority which helps to improve and hone on your skills. Will suggest frinds to apply for a job there.
Cons
Mergers and acquisitons occur so often that the job becomes unstable very easily. As soon as one merger is complete, company already plans for the next one.
Advice to Senior Management
Management needs to focus more on hiring competent professionals in senior management positions, otherwise the company will end up in BIG trouble.
Pros
Great pay with very good incentives for those who can hit their goals. Learned so much over the last few years. Now will be going to another bank to apply that knowledge so I may take my clients with me.
Cons
Top manangement could care less about their employees. Very high goals with little help on reaching them. You will have to find a way to reach them by yourself. They will blame any failure on the employee. My department was a revolving door. You will have to think outside the box to be sucessful because management does not. Poor medical plan too.
Advice to Senior Management
Put the customer first and the bank will be sucessful.
Pros
Competitve Pay, Great Incentive for Quarterly Bonus, Opportunities for Promotion, Training
Cons
Work load, Push to sell products that customers sometimes do not need
Advice to Senior Management
Overall my experience with management has been great
Pros
The benefits were great. And there was never any miscommunication. They always kept you up to date about important changes and important events.
Cons
You don't get paid hardly anything and you have so much work to do. I could run that bank all by myself and I pretty much did while everyone else kicked back. All for $9 an hour.
Advice to Senior Management
Start paying your tellers more. Especially ones who work really hard. And if you would like more associates to attend after work events then allow them to bring their families.

