SunTrust reviews

3.6

68% would recommend to a friend

(3,263 total reviews)
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William H. (Bill) Rogers Jr.

85% approve of CEO

57% positive business outlook

SunTrust has an employee rating of 3.6 out of 5 stars, based on 3,263 company reviews on Glassdoor which indicates that most employees have a good working experience there. The SunTrust 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

3K reviews
1.0
Jun 28, 2018
Recommend
CEO approval
Business Outlook

Pros

Excellent training program: Definitely the best training program I've gone through. (During training is the only time you feel an ounce of pride and optimism for the future, but that is because of the great instructors and nothing else) A decent starting salary for what you think you're job will be (Factor in the terrible benefits package and it doesn't seem so decent anymore though)

Cons

Too many to list, but here are a few of the top -Not a meritocracy: Very few branch managers are leaders or mentors. They are mostly underhanded people that were able to brown nose, join the right clique and be in the right place at the right time because they are in a busy branch and their sales either came to them, or they were able to work the system and steal sales from other branches or "teammates" at their own branch (usually a combination of both). The few good managers out there either end up leaving or are pushed out for not "following the SunTrust way" aka-Selling by any means necessary... -Cliques: At the retail level if you are not part of your branch/area manager's clique you will go nowhere and will be actively held back. (I pretend to be a part of one of these cliques for survival purposes only and it definitely keeps me up at night among many other things) -Divide and Conquer: Pressure to sell trumps all else and management pits coworkers against each other so you don't have the time or energy to raise concerns about unethical behavior by coworkers or managers. Even if you did, you automatically become a pariah and are eventually pushed out or they make their life so miserable they eventually quit. (I've seen it numerous times since I started so don't think for a second HR will protect you from retaliation.) They promote saying something if you see any unethical behavior, but you will become a target if you dare do so... -The starting salary may seem decent until you find out how terrible the benefit packages are. One of the reasons the salary seems decent upon initial offering is due to the fact that the benefit package is terrible. If you want health insurance for yourself (and actually use it) then just deduct 10K from whatever number you're given. Plus, whatever your starting salary is you better get used to it for quite a while because raises come out of the manager's bonus which creates incentive for them to find reasons not to give you one. -Consistently and purposely understaffed so upper management can collect giant bonuses which forces branch level management to pick up the slack with no extra compensation. -Turnover: I have never seen so many people come and go in such short amounts of time at any company I've worked for. It's almost laughable how obvious their strategy is for bringing people onboard to get the most out of them as they can and as soon as they burn out they are gone.

2.0
May 17, 2018
Recommend
CEO approval
Business Outlook

Pros

SunTrust probably has the best on-boarding and training program in banking. The pay is relatively good compared to other banks, but that’s probably due to the terrible health benefits.

Cons

Politics, politics, politics... I can’t fault the whole company for the way things are run on the retail side. However, there is a horrible sales culture that rewards those who engage in the backstabbing and brown-nosing and the underhanded methods of obtaining business. They have set the sales goals so that the branch managers are in direct competition with everyone else in the branch which allows some to manipulate, trick or steal business with impunity. Furthermore, if you “speak up” about unethical behavior some managers will retaliate by actively hurting your reputation and make your life miserable from then on. They have an extremely high turnover rate due to this and other improprieties leaving many branches severely under staffed and with very low morale. The employees with integrity and ethics are usually left in the dust when it comes to career advancement so be prepared to trade your dignity and integrity to climb the corporate ladder.

4.0
Jan 16, 2018

Change is not always good

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits, great customer service, strong financial background and history

Cons

Management plays favoritism and promote based on who they like

Viewing 76 - 78 of 3,263 Reviews

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