Zions Bancorporation Reviews
Updated Jan 23, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 31 ratings Employees say it's "OK" |
CEO Rating
Based on 27 ratings
Chairman, President, and CEO; Chairman, Zions First National Bank; Chairman, President, and CEO, Zions Management Services |
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Pros
This company is filled with great management and fun coworkers. A pretty great entry level job to get your foot in the finance industry
Cons
There isn't all that much flexibility towards students and their work schedules. SO if you're a college student possibly beware
Pros
good work environment, and training
Cons
not a competitive salary for work
Pros
Good solid company with room for advancement and resume building. Show up and go to work mgmt stays off your back.
Cons
Pay was not the best as far as experience. good entry level job but not much else. Mgmt was misguided and not helpful with problems.
Advice to Senior Management
They guided as they saw fit. Only looked at you if you were a problem, stay out of there hair and you are good.
Pros
Great people to work with
Tight-knit culture
Remaining competitive within the banking industry
Decent compensation
Good open door policy
Great work-life balance
Cons
Horrible, horrible benefits
Different departments are not in sync with one another
Favoritism is shown towards certain employees
Some departments are lacking direction
Limited growth and advancement within certain departments
Advice to Senior Management
To further boost morale among employees you guys should reward employees hard work with better benefits package, more compensation and create growth and advancement among all departments. Also focus on getting all departments and affiliate banks in sync with each other
Pros
Peer employees are very nice and treat you like family
Cons
They are quick to terminate with little provocation and quickly distance themselves from you if they are worried about a customer complaint.
Advice to Senior Management
Take some time to assess the good qualities of your hard working employees before looking for reasons to terminate them.
Pros
Challenging work in a critical part of finance. A large regional bank with many career opportunities. Rarely any layoffs and wages are average or better than other local banks.
Cons
Horrible, horrible benefits. Specifically, the dental/vision plan, which makes routine checkups difficult for those with lower incomes. The health plan is high deductible/catastrophic, so plan on putting away several thousand dollars for routine medical expenditures or pregnancies. A large chunk of your net pay will be needed to cover what you may have had in the past.
Politics is difficult to manuever at Zions. Like any other employer, 'favorite' employees will receive the attention of management despite less experience or knowledge. Be proactive and useful if you wish to move up.
Advice to Senior Management
Reward excellence with monetary compensation!
Pros
great work-life balance, pay is comparable, supportive management team and good potential for growth
Cons
very low diversity, zero sensitivity training and so you can be exposed to many ignorant and unprofessional comments from your collegues specially when you are in minority, no formal training opportunities, bad insurance plans
Advice to Senior Management
provide sensitivity training to attract more diversity
Pros
- Decent work schedule (8-5 M-F)
- Bank holidays
- Good amount of sick time
- Decent (or great, depending on pay level) vacation time
- Some departments allow employees to work from home
Cons
- Management is ineffective in many departments
- HR is incompetent
- Benefits leave much to be desired (only high-deductible health plans offered)
- Salary is well below industry averages (in Utah, at least)
- Ultra-conservative company culture (don't even think about asking your coworker out for drinks)
- Senior-level management is older and set in their ways
Advice to Senior Management
Give your employees feedback! Managers should have regular meetings with employees to determine job satisfaction. Also, management should work harder to understand Millennials and work with them in ways they enjoy.
Pros
Stable employment for the most part
Cons
Very subjective in employee treatment
Pros
Flexibility in work schedules is nice.
Cons
Benefits package is not competitive
Advice to Senior Management
Fix the benefits package and pay a more competitive salary.
