Fifth Third reviews

3.6

60% would recommend to a friend

(4,121 total reviews)

Tim Spence

67% approve of CEO

58% positive business outlook

Fifth Third has an employee rating of 3.6 out of 5 stars, based on 4,121 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Fifth Third 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

4K reviews
2.0
Jun 27, 2010
Recommend
CEO approval
Business Outlook

Pros

The benefits package is pretty good however I'm sure it's nothing different than what other banks in the Chicago market offer.

Cons

This is a widget driven company which pretends to care about the client however the actions of regional and banking center managers is opposite of the company's core values. It's all about driving the widgets and not over all profitability or the true best interest of the client hence pressure to bundle 3 or more products to a single customer versus driving loans and investments which are more profitable for the company. Recruiters and Managers will lie through their teeth to pull you in from a competitor however once you get in and you start hitting/exceeding the goals they do not deliver on what was presented. Also the bonus/I-comp is a joke, it's been declining for the last 4 years and is now ULTRA horrible. Negotiate the highest base possible if you have to take a job here because the comp plan in unattainable.

2.0
Jun 20, 2010
Recommend
CEO approval
Business Outlook

Pros

Salary is OK but not great and depending on your manager, they are fairly flexible about requesting time off or working different hours. Total benefits package is average.

Cons

Once you are hired in for a certain job function it is extremely difficult to move into a different area. The bank says they want to promote from within but rarely does it. As an example, myself and a couple others I knew tried to move from one department to another (I can't say which as it might give me away.) The job functions were almost identical except for the market focus. We were all told that they were only looking for candidates with experience in that department as they didn't have the manpower to train anyone. The job opening remained posted for over 1 1/2 years even though they could have trained someone in a couple weeks. There really aren't any career paths and the company does not value educational background or experience. When you are hired they want to fill a position and then they are done with you. Many people are overqualified for the positions they hold but still cannot move ahead even when taking the initiative to do so. Promotions that do happen seem to be based on nepotism rather than performance or potential. As an example, one of the lowest performers in a department was promoted several levels to one they were not qualified for nor demonstrated any ability towards simply because of the less than professional interest of one manager. Disturbingly, senior management and HR let the promotion go through. Technology is also far behind that of competitors. Very short sighted on spending for tech.

3.0
Jun 14, 2010
Recommend
CEO approval
Business Outlook

Pros

job security and good cbt's to use for training. you really have to enjoy the stock options when you do get to the top (if you make it)

Cons

it's almost impossible to get promoted; at times, it seemed like the new management showed rank racism, as i did everything that was asked of me but everyone else was being promoted; i was never given a solid reason as to why i was being promoted, though i was the most qualified in the department

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