3.0
Mar 13, 2013
Current employee, more than 10 years
Sacramento, CA
Recommend
CEO approval
Business Outlook
Pros
Competitive pay, easy for tenured employees to keep their job (unless branch closures prevent that)
Cons
Sr Management is floundering in this low rate environment. Rates and regulations have DRASTICALLY cut profits, Sr managements pursues non-sensical initiatives and abandons them part way, such as scrapping a multi-BILLION dollar systems update after realizing it was not compatible with any of our existing systems, (whoops?) Mid-management continues to turn up the pressure and stress, while handing down layoffs, announcing branch closures, and setting impossible "stretch" goals and non-stop "campaigns". Morale is at an all time low and doesn't seem to be changing any time soon.