KeyBank reviews

Key Bank has an extremely negative culture. Area Retail Sales Leaders put high pressure and unrealistic sales expectations on employees. District leadership non existent until branch is under performing. Employees are micromanaged hourly, daily, weekly, monthly quarterly, and yearly. Tellers are increasingly responsible for contributing to branch sales goals. Micromanagement includes constant coaching / performance improvement plans for anyone not exceeding sales goals in all 5 areas. New system implemented in 2014-2015 for tracking goals / success is even more confounded and impractical than before. Leadership is negative, demeaning, demoralizing and just plain rude. No work life balance. Annual performance review for Tellers is nearly impossible to rank highly even when significantly exceeding all goals. Below average pay. All branch positions paid hourly except Branch Manager. Punch clock rounds to nearest 15 mins. Performance improvement plan if hours exceeded scheduled hours even though no fault of your own. Tellers expect to work less hours than promised regularly, unless someone in your branch is on vacation. Branch managers are salaried and abuse time off policies. Not well policed. Branch managers have lied about being at work, abused time off, show up late, leave early, will not be in rotation to work weekends. Branch managers frequently avoid accountability and force other staff i.e bankers and tellers to deal with difficult customer situations despite customer asking to speak with branch manager. No accountability. Little room for advancement. Bankers expected to stay late or come in early for meetings with little notice. Performance often graded by how well management likes you / vs actual numbers. Bankers frequently moved from branch to branch. Same negative culture seen at many branches across several districts. Teller lines are revolving doors because pay is poor, expectations are unreasonable, stressful customer situations and work in constantly critiqued. Very poor leadership throughout corporate levels. 1-800-KEY2YOU customer service is incompetent. Branch must often dealswith calls from Key2You and handle situations that take away from opportunities for sales.

Senior management and higher do not know how to read the room. We are drowning in due dates being last minute constantly and all they seem to care about is RTO that’s pointless when we don’t even need to interact much with each other, plus everyone lives in multiple different areas. For them wanting us to RTO so badly, they don’t care about us losing out on salary with the cost of traveling and still give terrible raises that aren’t even equal to cost of living and losing out each year due to that with being behind in raises constantly. Getting promoted is near impossible since there is too much competition and when you ask for additional work you get ignored to try to get that criteria to move up. Also, CRO seems more interested in his investments over the wellbeing of employees