Ally treats employees fairly but slow to change with the times - Risk Analyst Ally Financial Employee Review

3.0
Jul 27, 2019
Recommend
CEO approval
Business Outlook

Pros

-fair pay -good 401K benefits -decent work/life balance

Cons

Ally is very slow to adapt and change with the times...an 'old school' company very set in its ways. Questioning why certain job functions are performed, or if there is a better way of doing things, is not really encouraged. This leads to a lot of redundant or low-value-adding tasks in performance of your job, which doesn't exactly lead to a sense of fulfillment or personal accomplishment. Also, employees aren't necessarily recognized for their accomplishments in any meaningful way. I worked there for over a decade; I always received exemplary reviews from my managers, but it never translated into substantial bonuses or raises. The biggest promotion/raise I received was two years into my tenure, and then my salary struggled to keep up with inflation after that, despite all the additional experience and knowledge I accumulated. I also found out I was passed over for a job that I applied for because of the perceived value of an outside hire (the hiring manager didn't want to miss the opportunity to bring an external applicant into the company; to me this implied that they assumed after 10+ years I would always be around and that there would always be another chance to hire me into a new role....this decision ultimately played a strong role in my leaving)...basically demonstrating they don't put much stock in people who know and understand the company's culture and systems. Being an incumbent will actually put you at a disadvantage when trying to advance.

Explore other reviews about Ally Financial

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, good compensation and benefits. Excellent management team, very supportive and interactive with the team.

Cons

Onboarding was a challenge due to IT’s lack of clear direction. The loan origination system crashes a lot.

1.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

You get a bi-weekly paycheck.

Cons

The culture has tanked under new leadership over the last couple of years. It’s cutthroat, senior management keeps swapping out experienced leaders for their own people, same values, same bottom line only mindset. No one actually knows what they’re doing because everyone’s expected to do everything and own the fallout when it doesn’t work. Decisions get micromanaged or made behind closed doors about your own team, with no input. There’s constant pressure to cut expenses, and the target seems to double every month, at this rate it feels like the end is inevitable. Layoffs happen a few times a year now, two years running, and leadership straight up tells you it’s the new norm, so get used to it. Everyone knows it, everyone talks about it, and everyone’s living in fear. On top of that, you’re expected to work 12 hour days and answer emails on weekends, then get told you’re still not doing enough. It’s demoralizing. This is an awful place to work, and with the job market this bad, people can’t leave even though everyone’s looking. Feels like a sinking ship, and they deserve it for how they treat people.

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