KeyBank reviews

3.6

58% would recommend to a friend

(913 total reviews)
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Chris Gorman

64% approve of CEO

52% positive business outlook

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913 reviews

Reviews about "Compensation"

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1.0
Dec 29, 2012

A poor excuse for a company

Recommend
CEO approval
Business Outlook

Pros

You get paid holidays off.

Cons

KeyBanks business practices are questionable at best. Refunds are issued without question to those with multiple large accounts, but people with smaller accounts are given much less leeway with refunding fees, and these are the people least likely to be able to afford to pay them. Upon being hired, the Whitten Road branch failed to tell new employees that there would be nights they would be required to drive back into the branch to cold call people to try and boost sales. You were looked down on if you couldn't make it back in (whether it be because you had another job, or for family reasons, it did not matter). Unless you meet KeyBanks unrealistically high sales goals, there is zero chance of getting a raise. If you live by yourself, it is virtually impossible to make a living off of the hours KeyBank provides to tellers. Our branch was only allowed to have ONE full time teller, and that was the head teller. All others had a maximum of 30 hours a week, even when more hours were requested.

1.0
Dec 13, 2012

Confusing Atmosphere

Recommend
CEO approval
Business Outlook

Pros

Minimal workload, good pay scale.

Cons

Lack of direction/expectations. I am newer "associate" (Underwriter) our bosses seem to have no direction for us, I am working about an hour a day. Makes for a long day, things are supposed to pick up but for now things are very disorganized, and slow. I am thinking twice about coming to work here.

4.0
Dec 2, 2012

A good job, not a career

Recommend
CEO approval
Business Outlook

Pros

Typically a positive atmosphere Ideas like PGPs seeking to help your career in or our of Key Accessible management Decent pay, alright benefits More casual attire than other banks Fewer fees to explain than other banks Most casual audit I've ever experienced

Cons

Antiquated technology No such thing as full-time anymore. True of most banks, but even their "full-time" position is 34 or 37.5 hours. Also, if you're working extra to cover staffing shortfalls, God help you if you approach or exceed 40 hours. You will feel pressure from eight directions at once to falsify your timecard to bring you under 40. Frequently changing campaigns and plans Many promises with minimal follow through Talk about promoting from within, but on a much slower timeline than is discussed at hiring Often catty, backbiting, and heavily favoring (welcome back to high school) Staffing model which should streamline and optimize the client experience, but only under ideal circumstances. Most branches are habitually understaffed, leaving glaring gaps and a perpetually frantic feeling.

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