CoBank reviews

3.1

54% would recommend to a friend

(324 total reviews)
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Thomas Halverson

72% approve of CEO

49% positive business outlook

CoBank has an employee rating of 3.1 out of 5 stars, based on 324 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CoBank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

324 reviews
2.0
Jun 1, 2022

Good but bad

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very nice people to work with

Cons

Stuck in the past with promotions and views

4.0
May 26, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits aside from the parental leave policy

Cons

- Below-market pay - Extremely high turnover - The parental leave policy entails letting the employee take six weeks away from the office, but keeping all of the work for the employee to complete upon their return. That's not truly parental leave. - Leadership performs Christian prayer at some work meetings and expects everyone to participate. I brought it up by email to someone in the HR dept. and received no response.

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CoBank Response
4y
Thank you for your review. The health and wellness of our associates are essential to our success, and that’s why we offer flexible, market-competitive and cost-effective health, welfare, and retirement plans. Annually, associates receive a minimum of 15 days of vacation, 11 paid holidays, 10 days of sick leave, and one paid volunteer day off. We recognize the importance of early bonding with a child who has just joined a family. Associates who become parents of newborn or newly adopted children may take 30 days of paid parental leave in addition to any vacation time accrued. And our flexible work policy allows associates to work from home or in-office after returning from leave. The bank has recently increased headcount and reviewed all existing positions against today’s market to make significant adjustments to many of our associate’s’ wages. This year CoBank also paid record high merit and short-term incentive awards, which were supported and approved by the board of directors. If you have additional comments you would like to share with HR, please email feedback@cobank.com.
1.0
May 24, 2022
Recommend
CEO approval
Business Outlook

Pros

Great benefits and yearly bonus.

Cons

Pay is below market value (even after the “market adjustments” that were done), cost of living raise is skipped some years. Depending on what project you are working on, you are expected to put in a ridiculous amount of hours. Holidays, weekends, with no additional compensation. IT and SDLC best practices are not followed and there is a major lack of testing which leads to their IT systems being a complete disaster.

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CoBank Response
4y
CoBank has made significant adjustments to respond to the changing pandemic environment and pressure of a volatile job market. CoBank has evaluated compensation against market pay for all roles which resulted in market pay adjustments for many of our associates. We also classified over 95% of our roles as hybrid for a better work/life balance as well as adding additional headcount to ease workload pressures. We paid record high merit and short-term incentive awards, which were supported and approved by the Board of Directors of CoBank. If you would like to discuss your comments further, please email feedback@cobank.com.
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Glassdoor has 377 CoBank reviews submitted anonymously by CoBank employees. Read employee reviews and ratings on Glassdoor to decide if CoBank is right for you.