Ally Financial Reviews | Glassdoor

Ally Financial Reviews

Updated June 22, 2017
468 reviews

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Full-time Part-time

3.2
Star Star Star Star Star
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Jeffrey Brown
95 Ratings

468 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Account Executive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Minneapolis, MN
    Current Employee - Account Executive in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than a year)

    Pros

    Great Company with Great Vision

    Cons

    None at this time !


  2. "Great way to get your feet wet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Remarketing Specialist in Little Rock, AR
    Current Employee - Remarketing Specialist in Little Rock, AR
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than a year)

    Pros

    Warm culture, management treats employees very fairly

    Cons

    sometimes stressful, low pay,

  3. "Love it here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in Detroit, MI
    Current Employee - Senior Analyst in Detroit, MI
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than 3 years)

    Pros

    Everything from the CEO to our call center employees, everyone is down to earth, reasonable, and fun to work with. In Detroit we just moved into a new building and the open office concept is collaborative and fun to work in. Plus you get a lot of meaningful work (if you're good at your job) and nobody looking over your shoulder trying to micromanage your every move.

    Cons

    I don't have any real cons about the company. I've had overwhelmingly positive experiences thus far.


  4. Helpful (3)

    "Ally on the surface, same ole GMAC under the hood"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Detroit, MI
    Former Employee - Anonymous Employee in Detroit, MI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Ally Financial full-time (More than 5 years)

    Pros

    Great locations in both Detroit and Charlotte (newer building), sometimes competitive pay, feels like a young energetic environment, shared workout room, pretty good break rooms. Sometimes free parking uptown. Work life balance can be fair as long as you are in the right department. Plenty of chances to move up to middle management. Good at drawing some really talented and fun entry level people. Great benefits.

    Cons

    You hear Ally and you think modern online bank. Unfortunately, instead of being in tune with the pulse of modern society and technology, it's a lot of show and no go. The bank was stood up and for the most part has been left under warming lights like an old fast food burger. The luster wears off quickly as the old crusty GMAC interests creep in. Between the Detroit GMAC people who insist on doing things the same way that landed them in need of a rebrand to hide their shame and the Charlotte "leaders" who are too busy playing politics and pretending like they're still at Bank of America, things can get ugly. While pay can be competitive it can also be terrible with even worse raise/bonus policies. Politics is extremely heavy even at the ground level. Middle management is ridiculously thick with drama and executive management is tired and, again, crusty old school. While some of the pros are free parking and great primary offices, this only applies if you're in the main Detroit and Charlotte offices. Their other Charlotte locations do not have free parking and are dated and soul sucking. Work life balance, while as stated above can be great, can also be unrealistically bad. Culture looks good at first and the all hands calls ooze hr feel good buzz words and tactics however none of it ever amounts to anything. They sound like google but certainly don't behave like google.

    Advice to Management

    Avoid emulating Bank of America. Ally is too small and doesn't lend itself well to what works for BoA. Take a second look at your technology groups. Avoid letting non-technical people make technical decisions. Reconsider the low investment in Bank. Get with the times, get some younger more innovative upper management/executives, and thin out the middle management in favor of people functional employees. Finally, your H1B and offshoring practices are shameful. Obviously there is a place for these however they're being overused and used incorrectly, likely costing you more than they're saving in the long run.


  5. "My experience has been challenging and rewarding."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Process Analyst in Lewisville, TX
    Current Employee - Business Process Analyst in Lewisville, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than 3 years)

    Pros

    The benefits are amazing and the company loves to promote from within.

    Cons

    The challenges of working at Ally is that the pay for the work that you do is low by industry standards but they are making strides.


  6. "Credit Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Acquisition Analyst in Lewisville, TX
    Former Employee - Acquisition Analyst in Lewisville, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Always a lot of overtime opportunity

    Cons

    Little to no room for advancement. Old GMAC culture and management won't retire. A goal oriented enviroment where your a large portion of the annual review is based on hitting objectives, but the only compensation for reaching the objective is salary which is meger in comparison to the market. I was actually denied vacation because it would affect me hitting my goal.HR was not helpful with my concerns and at times was plain condescending at times. I decided to move on rather than stay and start an EEOC claim.

    Advice to Management

    Reverse reviews by employees on management


  7. "Room for advancement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Collections Specialist in Jacksonville, FL
    Current Employee - Collections Specialist in Jacksonville, FL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than 10 years)

    Pros

    Flexibility good benefits caring co workers

    Cons

    Heavy work load overly micro managed with certain team leads

    Advice to Management

    Always be fair in your coaching technique

  8. "Corporate politics."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations in Detroit, MI
    Current Employee - Operations in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than 3 years)

    Pros

    Good work environment.
    Well paid
    Good management.
    Play the game of large corporate politics and you'll be just fine. Every other large company is the same. But this Ally is just a little bit better, a more tolerable than the rest.
    Stays above technology trends. And spends money like water on it, given a good reason.

    Cons

    Change management. Non technical people in a technical role making technical decisions.
    You must be a contractor before coming full time, to prove yourself. Could be a good or bad thing. It was a good thing for me.

    Advice to Management

    Remove all the silos at work together better.


  9. Helpful (1)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Dallas, TX
    Current Employee - Analyst in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (More than a year)

    Pros

    work hours, company activities, industry in demand

    Cons

    limited PTO, no a lot of room to grow beyond service side, miscommunication among departments

    Advice to Management

    Listen to your employees, empower leadership, improve training


  10. "Awesome"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Development Manager in Detroit, MI
    Current Employee - Applications Development Manager in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ally Financial full-time (Less than a year)

    Pros

    Great in all aspects including work culture, ethics, work life balance.

    Cons

    so far no cons observed

    Advice to Management

    none


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