Flagstar Bank - Good leapfrog company, poor structure | Glassdoor
There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

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"Good leapfrog company, poor structure"

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

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

Pros

Competitive pay, normal hours, good benefits, good PTO, opportunity to move up

Cons

HR is VERY slow processing promotions, 5+ years before PTO increase or promotion, poor executive management structure ("reorganizations" are very common. Ive been hear 14 months and already 3 reorgs in my department)

Advice to Management

Pay UW's and lower level managers better because you are losing them to competitors, provide a better promotion from within plan.

Other Employee Reviews for Flagstar Bank

  1. "Great sales experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Jackson, MI
    Former Employee - Personal Banker in Jackson, MI
    Recommends
    No opinion of CEO

    I worked at Flagstar Bank part-time (More than a year)

    Pros

    Opportunity to make decent and above average income, great subordinate culture, independence in sales attainment, somewhat supportive management (every manager is different; some great some not so great)

    Cons

    Commission pay two months out, opportunities for promotion beyond personal banker is difficult and unlikely, positions are available as they are available, no succession planning, very quota/sales driven, new ideas and creativity looked down upon

    Advice to Management

    Be realistic in employee expectations, get insight from the bottom line, inform before implementation


  2. "Flagstar bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Service Representative in Atlanta, GA
    Former Employee - Financial Service Representative in Atlanta, GA
    Recommends
    Approves of CEO

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

    Pros

    Great schedule, 3 week vacation

    Cons

    pay, responsibilities, little advancement, Cash handling

    Advice to Management

    nothing

There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

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