American Express reviews

4.1

82% would recommend to a friend

(18,688 total reviews)
avatar

Stephen J Squeri

89% approve of CEO

80% positive business outlook

American Express has an employee rating of 4.1 out of 5 stars, based on 18,688 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The American Express employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

19K reviews
4.0
Jul 14, 2012
Recommend
CEO approval
Business Outlook

Pros

There are many very smart people and the company is very well run. Virtually all credit card divisions at the major banks are now run by ex-AMEX people.

Cons

The company is very matrixed and difficult to navigate. Highly political and competitive. Forced HR curve means in a given year up to 20%+ of employees are on a path to being worked out of the company.

3.0
Jul 12, 2012
Recommend
CEO approval
Business Outlook

Pros

- Looks great on your resume and you will often receive headhunter calls (though many employees come back) - Fellow employees are usually very smart and well educated, but rarely overly competitive or rude - Relatively easy commute if you live in Manhattan; - Jobs are fairly clear in responsibilities and narrowly focused, so you can develop deep expertise in a subject - In most cases, you have to take all of your vacation (use it or lose it) within the year - Lots of non-financial resources to leverage (local discounts, on-site gym & medical center, online financial planning) that you'd expect froma big company - 6 month Global Rotation Program, Externships with Small Businesses, and many other volunteer opportunities (consulting, board service, Junior Achievement, etc) all encouraged and supported - Not a stickler on face time as you can be pretty flexible in working arrangements (working from home, coming in late/leaving early for valid reasons) - Work/life balance is what you determine it to be - usually you can get out by 6-7pm each day and not be expected to log-in from home unless you're really trying to move ahead quickly - Feels like a smaller company given culture is relationship driven and people rotate often

Cons

- Pay lower than direct competitors and can vary wildly between employees doing the exact same job - Tons of processes and redundancy with little training other than baptism by fire - Pre-Amex experience is not really valued and not a lot of focus on external competition - Poor performers at all levels and out of touch senior leaders are retained and rarely asked to leave - MBA hires aren't treated consistenly at all; some move up to director in 2-3 years and others get stuck in multiple rotations. - There are no clear rules regarding performance management or promotion - ratings are simply based on having 1 big (and often heavily self-promoted) accomplishment and being well liked rather than comparison of standard metrics; analysts and managers rotate to new positions based somewhat on ratings and interview performance, but who gets the job/promotion is based more on what more senior employees do behind the scenes aka "informal sponsorship" - putting in phone calls/e-mails, vouching for your skills aka "likeability". This has led to a lot of frustration, particuarly on who gets promoted to Director and Vice President. You can have more years of experience at Amex and "stellar" performance reviews but others are hired because of personal connections they've developed - and the company does not apologize for it - May be difficult finding a balance of time to network with employees and getting your actual work done

4.0
Jul 12, 2012
Recommend
CEO approval
Business Outlook

Pros

Good pay, nice people although rarely under 35, great international relocation opportunities, very flexible remote work policy, strong company ethic.

Cons

Slow to promote, strict process stifles innovation, team build events are usually self funded, not enough strategic direction in emerging fields, directors/VPs typically ineffective, company ethic can often be exaggerated which is a little embarrassing.

Viewing 17887 - 17889 of 18,688 Reviews

Glassdoor has 22,052 American Express reviews submitted anonymously by American Express employees. Read employee reviews and ratings on Glassdoor to decide if American Express is right for you.