Comerica Reviews | Glassdoor

Comerica Reviews

Updated February 15, 2019
695 reviews

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3.3
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Comerica Chairman, President, and CEO, Comerica Incorporated and Comerica Bank Ralph W. Babb Jr.
Ralph W. Babb Jr.
284 Ratings

Employee Reviews

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Pros
  • "Great people and environment, growing bank, credit training program, good work life balance" (in 63 reviews)

  • "Great culture, good benefits, lots of room for growth" (in 51 reviews)

Cons
  • "In California you will realize that there is a lot of turn around because upper management truly doesn't care for it's employees" (in 22 reviews)

  • "Sales goals keep increasing, so you know where the focus is if you want to keep your job" (in 21 reviews)

More Pros and Cons

  1. "Great Place to Work"

    StarStarStarStarStar
    Current Employee - Credit Analyst in Houston, TX
    Current Employee - Credit Analyst in Houston, TX

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

    Pros

    Great people and environment, growing bank, credit training program, good work life balance

    Cons

    Not the most intellectually stimulating environment, pay isn't great


  2. "Good Training"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in San Francisco, CA
    Former Employee - Credit Analyst in San Francisco, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Bank has a through credit training program and experienced relationship managers, making it a good place to begin a career.

    Cons

    Very little innovation as a company. Slow moving. Sometimes difficult to get new ideas approved.

  3. "Comerica is a great company to work for for longevity"

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

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

    Pros

    Offers great flexibility and decent benefits

    Cons

    moving up is very competitive

    Advice to Management

    inquire about ways to improve from the actual people doing the job


  4. Helpful (1)

    "IT Engineer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Only Pto’s are great that i can think of. Less growth.

    Cons

    Less competitive environment, usage of older technology, HR department sometimes reply very slow, Lot of offshores are boarded with zero experience this sometimes put pressure on full timers to get work done, they need to compete with top 20 banks not a regional banks, seen many PM with less technical background, diversity missing, interns mostly feel they are wasting time here

    Advice to Management

    Please refer less buddies at senior management level. We don’t have to create a space where you always pull your buddies. We need work doer’s not just facilitators.


  5. Helpful (1)

    "Old Word Banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trust & Fund Services Analyst in Detroit, MI
    Current Employee - Trust & Fund Services Analyst in Detroit, MI
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Great position to add on your resume. Solid benefits. Decent PTO. Flexibility on work-life balance is all about who your manager is.

    Cons

    Very fragmented management team. Its a "Good ole boys culture" and it's not hidden. Very little diversity in management or senior analyst roles. Lowest pay in the industry, very antiquated operating systems. A sink or swim culture for new hires, if you are not a quick learner I suggest you look someplace else. In my 4 years at this office, most new hires and interns quit due to limited training. Or they are fired before they reach 90 days because team members don't like to train new hires.

    Advice to Management

    Train new hires, get rid of toxic managerial culture and hire people that represent the city you're located in, to senior roles. Hiring diverse entry-level roles and limited management in certain sectors doesn't make you diverse.


  6. "Not Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Business Continuity Analyst Assistant Vice President in Dallas, TX
    Former Employee - Senior Business Continuity Analyst Assistant Vice President in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Great employee cohesion, longevity of employment and good internal training.

    Cons

    Attending work related conferences not a priority,

    Advice to Management

    Encourage training and development.


  7. "Poor Thought Leadership and a few bad apples spoil the bunch"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Compensation Consultant in Dallas, TX
    Former Employee - Compensation Consultant in Dallas, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    A nationally established bank that tries to show that concern for the community

    Cons

    Diversity at the top of the house, Favoritism, Career Pathing, Retention, and Internal Equity. Slow to adopt change.

    Advice to Management

    Re-look at Thought Leadership, Employment Practices, AEB & Incentive practices, and Retention/ Counter offers.

  8. "Need to join out of college"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Costa Mesa, CA
    Current Employee - Vice President in Costa Mesa, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training opportunity for young people.

    Cons

    Not a good fit for people with experience.


  9. "Great place to grow1"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in El Segundo, CA
    Former Employee - Senior Financial Analyst in El Segundo, CA
    Recommends
    Positive Outlook

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

    Pros

    Comprehensive benefits package including Tuition Reimbursement.
    Promotion/Upward mobility opportunities.
    Relatively friendly work environment.
    Plenty of opportunities to learn and/or cross train as it relates to professional development.

    Cons

    Raises under the same title are marginal. Taking advantage of professional development opportunities and applying for new positions within the company are the best ways to maximize salary potential.


  10. "Commercial underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Underwriter
    Current Employee - Underwriter

    I have been working at Comerica (More than a year)

    Pros

    Gain strong underwriting analysis skills

    Cons

    Average company culture
    Poor life work balance