BECU reviews

3.0

42% would recommend to a friend

(203 total reviews)
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Beverly Anderson

45% approve of CEO

39% positive business outlook

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203 reviews

Reviews about "Compensation"

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3.0
Aug 20, 2020

Losing What Made it Special

Recommend
CEO approval
Business Outlook

Pros

Been in various roles at the corporate HQ for ~8 years. My intention in writing this review is to provide current information for job-seekers curious about a corporate role. -Local community organization -PTO -Credit union which means no focus on short-term profits for shareholders.

Cons

I've been with BECU for long enough to see it double in size and view the fallout from such growth. In the beginning things were fun and I enjoyed working hard because it really seemed like the credit union was focused on serving its members and the community. Flash forward to present day and most of the c-suite has been replaced with bankers which has diluted the secret sauce. BECU now just feels like a for-profit bank (but with non-profit salaries). -Work life balance has been poor across all teams. -C suite pushes initiatives leading SVPs/VPs to squeeze employees. Half the time project go no where. -C-suite responds to work life balance complaints by making empty promises or creating "business partner" roles to make projects more efficient. This just adds meetings to the calendar and the business partners throw around "corporate speak" which causes the environment to be sterile. MGMT then pats themselves on the back for increasing efficiency. -Low pay - Way behind the time on technology. If you are coming from a larger company expect to spend more time on manual processes. Oh and MGMT will just tell you to improve the processes but won't give you resources or budget. BECU is just a bank now (e.g. CEO pulls 7 figure compensation). I wouldn't recommend working there unless you need a gig. If you want to work somewhere that lives the culture BECU claims to produce, stay away. The seemingly genuine but curated response I anticipate getting from HR on this review should be a good example of the sterile corporation a once great community-focused credit union has become.

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BECU Response
5y
Thank you for your feedback and years of service to BECU. Your input is important as we always look for ways to improve upon our employee experience. We are dedicated to communicating with employees to understand how we can support work-life balance, especially during this difficult time, and to regularly conducting market reviews to ensure we’re offering competitive salaries and benefits packages. Your comments have been shared with HR leadership and we encourage you to also share additional insights with your direct leader. As a member-owned credit union, we remain committed to our cooperative business model. Sharing our profits with our members and communities is core to how we operate. While we have grown over the past several years, we are focused on doing so at a thoughtful rate that doesn’t compromise the things that make us truly unique: the member experience and our culture. We also realize that with growth comes ongoing opportunities to improve upon our systems and processes to better support our members and employees. This can be challenging and we continuously keep the employee experience in mind as we navigate this journey, and employee feedback is an important part of this process.
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