97 employees reported this benefit
My previously employer offers 20 vacation days and 12 sick days (when you first join the company); 10 bank holidays; 2 personal days. So the 20 PTO days with 1 personal day and 9 banking Holiday at Ally is really not that great. I also worked with a British bank which has a starting vacation days of 15, 8 sick days, 2 personal days, 10 banking holiday plus 1 floating holiday for Easter.
2-3 weeks paid vacation per year, depending on job and seniority. Paid paternal leave. Sick leave, bereavement, etc - they have it all.
Given on an accrual basis. (Every paycheck you get a certain amount of PTO)
Between PTO and holidays Ally offers over a month and a half of paid time off your first year and allows you to dip into the negative if need be.
Average, however, flexible work schedule
PTO starts out at 20 days off and goes up from there based on years of service.
Good vacation time after working there for 5 years
Competitive with other companies and can roll over used days.
They have policy to provide more paid time off based on the number of years in service with Ally financial. Their Paternity leave is 12 weeks which is very helpful for the newly become parents.
The current system for PTO is very effective, and fair.