People's United Bank Reviews

Updated May 11, 2021

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3.7
72%
Recommend to a Friend
68%
Approve of CEO
People's United Bank President and CEO John P. (Jack) Barnes
John P. (Jack) Barnes
235 Ratings
Pros
  • "Great work life balance and the people are great to work with(in 20 reviews)

  • "salary, Good benefits like 401k(in 20 reviews)

  • Cons
  • "Unrealistic expectations, Drama, upper management doesn't care about your career growth(in 38 reviews)

  • "Long hours, lazy immature and ghetto type employees(in 24 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Ratings by Demographics

    This rating reflects the overall rating of People's United Bank and is not affected by filters.

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    1. 5.0
      Current Employee, more than 1 year

      Great company and great people

      Mar 15, 2021 - Info Assurance Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Love the coworkers, supportive managerment

      Cons

      Company bought by M&T so future is poor

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    2. 2.0
      Current Employee, more than 10 years

      Don't do it to yourself

      May 11, 2021 - Branch Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Do you want to work somewhere that you are micromanaged, then held responsible for things that are outside your ability/authority to control? Than this the job for you! Goals and expectations are unrealistic for a post pandemic world, when we tell our customers we are changing brands and closing branches. You can't spend a year teaching people not to need braches, than wonder why branches can't bring in business.. Sales calls are to the point you will feel like a harassing telemarketer. You have to go through so many layers of approval to resolve employee issues that at some point, you won't even bother to try and will let them all do whatever they want all day. Good luck maintaining any feeling of self worth!

      Cons

      I get substantially more time off than any place else, but probably because it's your only chance of staying sane.

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    3. 1.0
      Former Employee, more than 1 year

      One of the worst financial institutions to work for.

      Apr 27, 2021 - Banker III 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      None. Nothing good about this company.

      Cons

      Management will call you on your day off to complete a “necessary training course”.. They live and breathe on MICROMANAGING, where they have the market managers right hand man come to your branch and tell you all the work thats needs to be done and make you feel like you don’t know how to do your job. No matter how many days you volunteer to come in when other employees call out sick multiple times, it’s never appreciated. You still wont get promoted if you bend over backwards for this company. It’s all favortism. You are expected to walk down the Stop & Shop aisles to interrogate customers to open accounts. You will also be required to set up the scout cart in different sections of the supermarket and stand there for hours chasing customers down while they pick their apples and oranges. If you don’t make your unrealistic sales goals, you ars threatened on a weekly basis. You are micromanaged to write weekly why you didnt hit your goals for the week, kindergarten mentality. A banker III is a glorified teller with a pathetic salary. Managers will never work Saturdays, leave at 2-3 pm everyday, and pull the “i have to pick up my kids” card for everything.

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    4. 4.0
      Current Employee, more than 1 year

      Pretty Okay

      Apr 28, 2021 - Identity and Access Management Analyst in Bridgeport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Decent Benefits and mostly likeable coworkers

      Cons

      Management is clueless and doesnt stand up for you

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    5. 5.0
      Current Employee

      Review

      Apr 30, 2021 - Portfolio Manager in Hauppauge, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good culture at the Bank

      Cons

      None, great place to work

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    6. 3.0
      Current Employee, more than 1 year

      Good Money Bad Management

      Apr 30, 2021 - Personal Banker in East Islip, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I have 9 years banking experience, 2 years at Peoples. People's pays better than other banks,

      Cons

      Bad management, they pass blame onto bankers. Theres no actual job description so your manager will make you do almost everything, including their work, and basically tell you if you dont you will get written up. HR is biased to management. Good luck to all.

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    7. 5.0
      Current Employee

      Enterprise Architecture

      Apr 26, 2021 - Principal Enterprise Architect in Trumbull, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Centralized EA Group. Exceptional E2E knowledge of system/application/data architecture.

      Cons

      Commercial off the shelf vendors based model

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    8. 4.0
      Current Employee, more than 3 years

      Good place to work

      Apr 12, 2021 - Relationship Banker in Boston, MA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very nice management with good work ethics. They care for their employees. Incentive plans are for the branch not individual goals this is the best I like for them.

      Cons

      Does not have great comp structure. Slow growth .

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    9. 5.0
      Current Employee, more than 5 years

      Great job

      Apr 22, 2021 - Commercial in Bridgeport, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work Life Balance, Team and Environment

      Cons

      None that I can think of

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    10. 4.0
      Current Employee, more than 5 years

      Decent

      Apr 15, 2021 - Account Executive in Philadelphia, PA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Mostly good people. Managers do not hover over you.

      Cons

      Risk averse company. Not investing in the correct technology. Work can be redundant. Based pay is low but uncapped commission.

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