Beneficial Bank Reviews | Glassdoor

Beneficial Bank Reviews

Updated April 16, 2017
58 reviews

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Full-time Part-time

2.9
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Beneficial Bank Chairman, President, and CEO Gerard P. Cuddy
Gerard P. Cuddy
28 Ratings

58 Employee Reviews

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Pros
  • Wonderful Co-workers, Hours, Work-Life Balance (in 4 reviews)

  • good benefits, good schedule, good management team (in 4 reviews)

Cons
  • The intern role is only part-time, which some may find frustrating (in 4 reviews)

  • It's a small bank and it's going through some growing pains (in 4 reviews)

More Pros and Cons

  1. Helpful (1)

    "Credit Analyst"

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

    I have been working at Beneficial Bank full-time (More than 3 years)

    Pros

    Very friendly and open environment.
    Seasoned employees
    great benefits
    Federal holidays off
    Understanding managers
    flexible schedules

    Cons

    Communication between department heads is lacking.


  2. "Worst Professional Experience of My Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Philadelphia, PA
    Former Employee - Anonymous Employee in Philadelphia, PA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Beneficial Bank full-time (More than a year)

    Pros

    open format workspace, alternative workspaces, yoga/meditation programs

    Cons

    no professional development opportunities, no direction or career path, poor leadership, poor management with zero direction, obvious gender bias displayed by managers

    Advice to Management

    Develop goals and direction and be consistent in leading towards them. Stop rewarding leaders who do their nails and scroll through Facebook when they are supposed to be leading teams.


  3. "Risk Managemnet"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Risk Management in Maple Shade, NJ
    Former Employee - Risk Management in Maple Shade, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Beneficial Bank full-time (More than 10 years)

    Pros

    A top-flight company to work for. Great CEO, positive thinker leading a growth- oriented company.

    Cons

    Not enough opportunity to grow and advance to a higher-level. the company hires mostly from outside of the company, but needs to recognize there are some legacy employees, who have skills, and abilities to advance but may have been stuck in a difficult situation, but stayed in a position for a long-time hoping to advance, but never received the opportunity.

    Advice to Management

    Management is doing a great job. However, I think hey should show some loyalty to productive more senior employees as well as new recruits.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Horrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative III in Sicklerville, NJ
    Former Employee - Customer Service Representative III in Sicklerville, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Beneficial Bank full-time (More than a year)

    Pros

    None that I can think of

    Cons

    Horrible management that are only in that position. Cause they know upper management they have no idea what they are doing or how to treat people. hr is clueless on what is going on. Worst place I have we worked for. So glad I left this place.


  6. "Growing Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Management in Southampton, PA
    Former Employee - Management in Southampton, PA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Beneficial Bank (Less than a year)

    Pros

    Bank is growing and is getting better at managing growing pains. Employees are treated well.

    Cons

    Banking industry in general. Need to watch for this bank being acquired.

    Advice to Management

    keep growing


  7. Helpful (1)

    "Nightmare"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Philadelphia, PA
    Current Employee - Anonymous Employee in Philadelphia, PA

    I have been working at Beneficial Bank full-time (More than 5 years)

    Pros

    Used to be a great company to work for.

    Cons

    A lot of the employee seem to think that they are doing the customers a favor by turning up for work and not if it weren't for customers they wouldn't be in business. No communication, upper management just don't seem to care, everyone seems to be looking for another job and the HR department is a joke.

    Advice to Management

    Make ALL employees accountable


  8. "Bene"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Philadelphia, PA
    Current Employee - Anonymous Employee in Philadelphia, PA
    Recommends
    Positive Outlook

    I have been working at Beneficial Bank full-time (Less than a year)

    Pros

    Great work life balance
    Good hours
    Upper management cares about staff and responds to staff concerns
    Attainable goals

    Cons

    Pay isn't as high as it could be but it's not horrible for the industry


  9. "Teller II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank Teller in Phila, PA
    Former Employee - Bank Teller in Phila, PA
    Recommends
    Positive Outlook

    I worked at Beneficial Bank full-time (More than 3 years)

    Pros

    good benefits, good schedule, good management team.

    Cons

    the pay is low, and the customers are mostly older.


  10. Helpful (2)

    "Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chalfont, PA
    Current Employee - Anonymous Employee in Chalfont, PA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Beneficial Bank full-time (More than 3 years)

    Pros

    Largest & oldest bank headquartered in Philadelphia

    Cons

    Little or no opportunity for advancement

    Advice to Management

    Look within for talent before looking outside


  11. "Beneficial is a good place to work, though pay is a bit low."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Part-time Teller in Phila, PA
    Former Employee - Part-time Teller in Phila, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Beneficial Bank part-time (Less than a year)

    Pros

    People are awesome to work with here. Very intimate bank with good client relationships. Branch manager & assistant branch manager were very respectful.

    Cons

    Company is behind the times on some technology; however, it does not hinder business much. Pay is a bit below average

    Advice to Management

    Continue to make strategic acquisitions to improve competitiveness in Philadelphia area.


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