Sovereign Bancorp - Good Experience for someone to restablish themselves in the banking world. | Glassdoor
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"Good Experience for someone to restablish themselves in the banking world."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Small Business Specialist in Boston, MA
Current Employee - Small Business Specialist in Boston, MA
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

Interact with small business owners.

Cons

High sales pressure, daily company ranking of achieved sales goals. Weighted Average Performance.

Advice to Management

please listen to your employees

Other Employee Reviews for Sovereign Bancorp

  1. Helpful (2)

    "Soul Sucking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Bristol, RI
    Current Employee - Teller in Bristol, RI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Sovereign Bancorp part-time (More than a year)

    Pros

    If you're interested in that type of market and want to explore the different possibilities that the banking world has to offer, or if you're specifically going to school for Economics or some other related type occupation it's a great fit for you. The possibilities for advancement are great because of how large the corporation is, plus the networking capabilities that could be applied.

    Cons

    If you're planning to do straightforward type telling, or becoming a personal banking representative, you must prepare yourself to make sales. Selling is the primary job of any of the tellers or the Personal Bankers and is probably the only thing that the upper staff at corporate will care about. If you can't make the sales then they're simply not interested and are constantly nagging about it at almost every 5 minutes of the day.

    Advice to Management

    Please stop nagging us about making the sales. I know that we're still going through the merger and that we need to impress the investors in order to "prove our worth," but really when the merger is complete and they shut down half of the branches because they couldn't make the sales, all the stress that you gave us would really be for not. We are really trying, and every time we get an email or a phone call asking for the updates about our sales? Those stress us out even more and it shows when we try and talk with our customers about the sales. Instead, if you didn't bother us and just simply told us to do the best you can, we'd probably be much happier and make more sales as a result. And really, when it comes down to it, if we focused instead on improving our customer service and actually trying to help and make our customers happy we will make a lot more sales, people will respect us more for it and will tell their friends and family resulting in even more sales. Also! get your technology together, your systems design behind our processing and the new servicing portals is really terrible. You need to find a User Interface designer and a system designer/strategist to redo that one, because right now...it's pathetic.


  2. "grea company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Development Officer in Lakewood, NJ
    Current Employee - Mortgage Development Officer in Lakewood, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    people are awesome its a great work enviorement

    Cons

    the low pay is a small con but if you do your work you will get a good payout

    Advice to Management

    you need to micro manage a bit more

There are newer employer reviews for Sovereign Bancorp
There are newer employer reviews for Sovereign Bancorp

See Most Recent

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