Flagstar Bank - Never move up | Glassdoor
There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

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"Never move up"

Star Star Star Star Star
  • 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 Flagstar Bank full-time (More than a year)

Pros

Good amount of time off and decenet benefits.

Cons

There is no way to move up in this company. If you leave the company, gain the necessary experience and come back they will hire you into a higher level position but will not train within the company. Most people seem unhappy.

Advice to Management

Get rid of the middle management. There focus maybe on a small team and only this small team. This leads to alot of open time on their plates. This then turns into alot of micro managing of employees due to middle managers thinking they are doing their jobs. In reality, they are doing nothing but hurting the environment of the workplace.

Other Employee Reviews for Flagstar Bank

  1. "Very flexible with time off"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loss Mitigation Speciaist in Troy, MI
    Current Employee - Loss Mitigation Speciaist in Troy, MI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Flagstar Bank full-time

    Pros

    Good benefits work life balance

    Cons

    Poor pay , no path to promotions, boring place to work

    Advice to Management

    Need to change pay structure and make it a fun place to work


  2. "Average conditions. Nothing special. Nothing horrible."

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

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

    Pros

    Health insurance is not bad.

    Cons

    No flex scheduling, must work 8:30 - 5 with an hour lunch, 37.5 hour work week instead of 40

    Advice to Management

    You will continue to lose employees to other mortgage companies and banks that offer better pay and 40 hour work weeks, and flexible scheduling.


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

See Most Recent

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