Ally Financial Reviews | Glassdoor

Ally Financial Reviews

Updated May 27, 2017
464 reviews

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464 Employee Reviews

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Pros
Cons
  • Night/Saturday shifts can make work/life balance problematic (in 19 reviews)

  • Some decisions still happen at the upper management level without engaging technical SMEs and Leads effectively (in 16 reviews)

More Pros and Cons

  1. "Staff Accountant"

    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 (More than a year)

    Pros

    Good salary and benefits; paid time off; competent management, and overall nice work environment. It's a big company so the accounting department had adequate resources.

    Cons

    It's a big company so you can easily become lost in the crowd and be just another employee. Workload sometimes exceed available working hours; need to work on weekends in addition to overtime.

    Advice to Management

    Staff the department with more competent people so there won't be a need to work overtime for the regular full-time staff. This also help alleviate stress levels and boost employee morale.


  2. "Senior Statistician"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - LEAD/SENIOR STATISTICAL ANALYST in Denton, TX
    Current Employee - LEAD/SENIOR STATISTICAL ANALYST in Denton, TX
    Recommends

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

    Pros

    Flexible hours and good benefits

    Cons

    Limited growth potential.. Conservative approach..


  3. Helpful (7)

    "Surprisingly awful"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Analyst in Plano, TX
    Current Employee - Risk Analyst in Plano, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Pay and benefits are fair. Pto is alright when you start. Some of the skills you get can be used in other companies.

    Cons

    Management is awful. They still act like they are managing people in the late 80s and early 90s. When you first get hired the company will try to be nice because you will be filling a position that has been vacant for months usually because someone quit unexpectedly. Afterwards you will see that there is no training or development for you whatsoever. Promotions are given to friends and relatives that posses no skills, experience or academics to back their promotions. You will be given a promotion based on company need not what your skillset is. There is no work life balance. 7-6 is expected for all title positions. You will come in on saturdays work past 7 on weekdays and answer your phone and emails on vacation and sick days. When you try to balance your life they will get mad. New employees dont get the perks that tenure employees get all the time. Recommendations and complaints are swept under the rug and if you complain too much about the unfair treatment you are pushed out. They want you to put your head and down work and not rocked the boat even if its completely unfair and ethical. What someone else wrote about being promoted and then fired a few months later is completely true and just proves my above statement about the lack of training. From my own person experience this company and this office does not care about its employees whatsoever. The work environment is not friendly, the company is non-appreciative and the pay isnt that good. My recommendation is to consider the countless other options before selling your soul to this company.

    Advice to Management

    Training and development is a joke. Worklife balance is terrible. Take some management classes since im pretty sure none of you have and if you did it was in the 80s. I would recommend paying a consultant group to come in and conduct an honest evaluation of the companys corporate structure and office policies. Many of the workers are not happy working there.


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  5. Helpful (4)

    "If you are a minority please do not apply"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Credit Risk Analyst in Jacksonville, FL
    Current Employee - Senior Credit Risk Analyst in Jacksonville, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Ally Financial full-time (More than 5 years)

    Pros

    The compensation is the best in the industry overtime makes all of your pay 67000 start 100000 at the end of the year

    Cons

    If your a minority please understand that you are not wanted at the company they do not value diversity and the majority of credit staff is middle-aged Caucasian males who have been at that company for a long time and are stuck in their views from management up. Office locations are in the middle of nowhere where the population of other nationalities are a a minimum... they create a uncomfortable work atmosphere for anyone who does not look or think like them

    Advice to Management

    Diversify your company, you're not big bad ally anymore be competitive in the market no one wants to do business with you other than for subprime lending ... hence the reason only Chrysler will only give you a program. Oh and a few articles on how you descriminate against minorities are out there on the web and i can say first hand the are 100% correct against you're customers and employees.


  6. "Top destination in Detroit"

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

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

    Pros

    Ally has competitive benefits, great people, and attempts to be first to market with what they do which lends itself to interesting work

    Cons

    The hours tend to be consistently long, it's difficult to get away on vacations for any length of time, and the commute is brutal

    Advice to Management

    encourage employees to take vacation time with more vigor. I think it needs to come from top down to ensure bosses understand it's acceptable to step away for a few days


  7. "Unreasonable expectations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Detroit, MI
    Current Employee - Anonymous Employee in Detroit, MI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great group of people in various departments.

    Cons

    Expected to work late nights, weekends and even during your PTO.


  8. Helpful (1)

    "Collections"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Lewisville, TX
    Current Employee - Anonymous Employee in Lewisville, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Five years ago, Ally was one of the best companies to work for.

    Cons

    Senior Management changed, and so did the care for its employees. There is no Work/Life balance, changes happen overnight without warning.

    Advice to Management

    Do a better job at showing your employees that you appreciate them.


  9. "Great place to work"

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

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

    Pros

    Great environment. Work life is designed to develop individuals with lots of room for advancement and moving around. Great people in every department as far as I can tell.

    Cons

    You need to be aggressive if you want to get promoted or moved around. Nobody will really hand you anything and you have to make a name for yourself if you want to advance.

    Advice to Management

    Stop being so stingy with raises. Some people have been crushing it for a long time and deserve more. Help employees realize their potential and help them find a spot in the company that fits them best.


  10. "Customer Service/Collector"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service/Collector in Little Rock, AR
    Current Employee - Customer Service/Collector in Little Rock, AR
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    The benefit of working here is that the company will probably be around for a long time, and your do have permanent employment.

    Cons

    Chaotic, very demanding for the pay. For a company that relies heavily on technology, they have a poor system. Unprofessional environment.

    Advice to Management

    Invest in your people


  11. "Auto Loan Processor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Auto Credit Analyst in Jacksonville, FL
    Former Employee - Auto Credit Analyst in Jacksonville, FL

    I worked at Ally Financial (More than 3 years)

    Pros

    Benefits plan are above average

    Cons

    Micro managing is above average


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