IBC Bank reviews

The compensation package was designed by someone who does not understand employees motivations. As a Credit Analyst, you would get a raise every 3 months no matter how poorly you performed. The starting salary was a joke.

Due to extremely low pay and high sales goals keeping knowledgeable staff is very difficult. Staff has goals that continue to increase every 4 months without end, and employment is contingent upon continued performance. This causes entry level employees to be forced out the door around 8-12 months of employment due to ever increasing goals. Pay is easily half of what other banks pay for equal positions. No holidays (IBC is open sundays and almost every holiday, Including July 4th!), and any hour after 40 in a week is paid 1/2 normal pay. Management is constantly over-stressed to meet monthly new account goals but are woefully under-equipped to meet this challenge. Staff is always too new to assist since turnover to so high. Managers and Area managers all seem to care for their employees, but are not given the power to make the necessary changes that would make life tolerable for their employees. For managers in IBC its pretty much a lose-lose scenario, and i would not recommend the job to anyone i actually cared about.