People's United Bank Reviews | Glassdoor

People's United Bank Reviews

Updated February 20, 2017
275 reviews

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Full-time Part-time

2.6
Star Star Star Star Star
Rating Trends Rating Trends
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Approve of CEO
People's United Bank President & CEO John P. (Jack) Barnes
John P. (Jack) Barnes
107 Ratings

275 Employee Reviews

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Pros
  • The bank has a solid work/life balance philosophy for all associates (in 13 reviews)

  • Great people to work with everywhere you go (in 15 reviews)

Cons
  • Upper management does not know how to manage those under them (in 22 reviews)

  • Working with difficult customers and making individual sales goals (in 15 reviews)

More Pros and Cons

  1. "Banker IV"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Banker IV in Hauppauge, NY
    Current Employee - Banker IV in Hauppauge, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at People's United Bank part-time (More than 3 years)

    Pros

    Liberal pay grade willing to work with your schedule

    Cons

    The hours we close put me in the height of traffic. Making a 15 minute ride an hour sometimes.


  2. "FSA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at People's United Bank full-time (More than 8 years)

    Pros

    Good place to start but poor room for advanacement

    Cons

    Low paying and not appreciated enough by the company


  3. "FSM"

    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
    Neutral Outlook
    No opinion of CEO

    I worked at People's United Bank (More than 5 years)

    Pros

    People are nice. Goals are obtainable

    Cons

    No support from management. Not professional.


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  5. "Customer Service Associate"

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

    I have been working at People's United Bank part-time

    Pros

    friendly co workers/ staff, decent benefits, not to pushy on sales as other banks

    Cons

    repetitive environment, pay is less than other banks


  6. "banker 3"

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

    I have been working at People's United Bank full-time

    Pros

    Great people and culture. Good work life balance

    Cons

    Pay is terrible. No chance for advancement.

    Advice to Management

    Sell the company


  7. "Working for Peoples"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at People's United Bank full-time (More than 3 years)

    Pros

    Flexible hours
    Entry level positions available
    Great referral rewards program
    Great consumer, business & mortgage products

    Cons

    Low pay in comparison to other institutions
    Totally different experience from market to market
    Not a lot of opportunity for growth unless you live in CT (head quarter)
    Micro-managing

    Advice to Management

    Increase pay


  8. Helpful (1)

    "Headquarters Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at People's United Bank full-time

    Pros

    - great PTO policy
    - offers great dental, vision
    - medical is good for preventive care
    - depending on which team you end up with, there is some flexibility with working from home when needed
    - good work life/balance (again, depends on group you end up with)

    Cons

    - company has great pto policy, but direct supervisors indirectly discourage you to take them
    - medical is not good for anything that is not preventive care and it's an HDHP plan, so the company contribution to your HSA (if you choose an HSA) will not be enough if you need medical care often
    - no real title, so salary can be set to anything (and it's hard to argue) because there is nothing to compare it to in the market
    - typical old mind state - corporate - red tape - bureaucracy

    Advice to Management

    Get to know your employees' skills, and capabilities, and allow them to use them. Provide necessary tools to allow them to be successful in their position, this will also keep them engaged, motivated, and intellectually challenged.


  9. "Great Opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Manager in Bridgeport, CT
    Former Employee - Financial Center Manager in Bridgeport, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at People's United Bank full-time (More than 10 years)

    Pros

    The organization has an incredible managerial learning program to bolster the capabilities of new managers and experienced managers. The bank has a solid work/life balance philosophy for all associates.

    Cons

    Limited opportunities to move into Senior Management, which could be frustrating to high performers. As a regional financial institution, there are limited opportunities for non-retail banking roles.

    Advice to Management

    The Senior Management team should seek to invest in viable technologies to better assist all clients and attract new talent to the bank in order to build and execute a sustainable long-term strategy.


  10. "Various positions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Brattleboro, VT
    Former Employee - Anonymous Employee in Brattleboro, VT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at People's United Bank full-time (More than 3 years)

    Pros

    If you are coming externally the pay can be good if you negotiate. If you work in an operations center they have activities and events to keep employees active and involved. Lots of room for growth if you live near an ops center. Management has always been great

    Cons

    Some departments are treated unfairly. I.e. They get to leave early and get paid while others work past the 5oclock mark and don't get paid. If you start as a teller and transfer your pay will be significantly lower than it should be. Rarely are people fired for making reoccurring mistakes

    Advice to Management

    Really work harder to hire better people. I cannot tell you how many times a day/week I found errors from the same people and action was rarely taken by supervisors/managers. Also dress code should be enforced more in ops centers. There would be days when people would walk over to my desk with bare feet because they left their flip flops at their desk. Very unprofessional.


  11. "People's United"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Portfolio Management in Danvers, MA
    Current Employee - Vice President, Portfolio Management in Danvers, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at People's United Bank full-time (More than 5 years)

    Pros

    Employees are recognized for their achievements, several employee appreciation events, flexible schedules

    Cons

    Compensation may not be up to market standards, based off previous/current salary levels

    Advice to Management

    Adjust salaries based on the employees skills and contributions, not relative to current compensation levels



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