Synchrony reviews

4.1

79% would recommend to a friend

(2,548 total reviews)
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Brian Doubles

91% approve of CEO

76% positive business outlook

Synchrony has an employee rating of 4.1 out of 5 stars, based on 2,548 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Synchrony 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
Oct 25, 2016

Discrimination, Worst management, No Vision : Stay Away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This company was part the GE group. Other than that there is nothing good about this company.

Cons

Huge discrimination, HR ignores biggest indicators, career advancements are purely based on how good you keep your boss happy; talented people are leaving the company due to lack of leadership; self-consumed leaders believe in one way communication

1.0
Aug 14, 2014

Avoid this Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stable employer (owned by GE), desktop software products are fairly current for a big company, and they attempt to instill need for integrity in employees. Difficult environment to be a renegade - mostly decision by committee. Ability to work from home occasionally. Ability to transfer between GE divisions. Most employees seem competent - slackers are hard to find. Benefits are decent. New innovation workstation areas are very appealing. Margaret Keane - the CEO - is a terrific lady, very approachable, down-to-earth, common sense and intelligent thinker. Most of CEO's direct reports also seem like great, competent leaders. (It's that next layer down that causes all the problems!)

Cons

Unbelievably under-staffed -- most people seem very overworked and doing the job of 8-10 people. Very stiff, unfriendly and unnecessarily competitive corporate culture with lots of bad managers. The pay is too low for Stamford area. No one seems to take real vacations (without work) and the lunch hour is also a foreign concept. Lots of arrogant, type A personalities who seem to enjoy making other people's lives difficult. Have to put up with lots of complaining when working with project teams, including complaining from people who think certain types of work is beneath them. Many of the internal processes are so complicated and inefficient that the GE parent started a "Keep It Simple" movement (which doesn't seem to be having any effect). The North Stamford location is very inconvenient and unprofessional feeling - not close to the train station and situated in the middle of a housing area with absolutely no restaurants, no shops, not even a CVS or McDonalds nearby. There are lots of GE-life-ers and they seem to be the only ones who stay long term. Turnover of non-GE people is very high.

1.0
Oct 18, 2015

Disengage

Recommend
CEO approval
Business Outlook

Pros

I don't work there anymore and I'm thankful that my days at SynBnk are over. That is the best thing about this employer. I'm so glad I don't have to go back, as it was one of the worst experiences of my entire life (and I've been through some very difficult times). I have been meaning to write this review for a very long time, but just thinking about SynBnk put me in a bad mood. I'd get angry and upset all over again while trying to write about that horrible place. I'm at a wonderful job now and enough time has passed that I can finally write this. If it convinces even one person to NOT apply for a job with SynBnk, then it's worth it!

Cons

There are many reasons why the turnover rate at this place is so high. There are back to back training classes, yet rows upon rows of empty desks. Some people quit during training, once they realize what a horrible place they've signed up with. Every day on local talk radio, there's an ad played regarding open positions at SynBnk and I know it means they're still understaffed. I smile every time I hear it because I know I'm driving to a job that I love, and NOT to SynBnk. I will list some specific cons, but I'm only scratching the surface here. *Employees are made to feel that they are constantly on the verge of being fired, no matter how good they are at the job. Even "star" employees will up and rage quit in the middle of the day. *Favoritism is a problem. Suddenly there's new positions custom-created for a select few people. *Disciplinary action is constantly taken against people for the dumbest of reasons. Each disciplinary action sticks with you for ONE ENTIRE YEAR, no matter how insignificant the "violation" was. *There is no room for cutting anyone some slack, no matter what the circumstances were. It doesn't matter if you or your child had an emergency; the rules are the RULES and everyone must abide by them. *Examples of things people were disciplined for, that I know of: using the f-word while on lunch break, across the street while talking to a friend in a casual conversation, where no customers could've overheard; being 1 minute late clocking in or out; using your sick day benefit for what they deem is too many times even though you have enough hours; etc. *Policies are explained in the most vague way possible. If you ask for clarification, you'll find that different co-workers are given different answers from different managers. Yet, you are held responsible for following all the policies and it's your fault if you interpreted the written guidelines differently than how the person punishing you saw them. *When a new process or procedure or anything comes out, they're fond of tacking this phrase to the end of it: "failure to comply will result in disciplinary action, up to and including termination." Am I just there to be punished, or am I at work??!! *You are micro-manged to death. *You are not treated like an adult, but as a misbehaving child *You have to stick to corporate-approved scripts while on calls, and some of them contain lies. *Not only does management treat employees horrible, but the company as a whole treats customers horrible. You only needs to look at BBB's site to see proof of what I'm talking about. *Even if logical reason led you to believe that the person on the phone was an ID thief, you were not allowed to act based on evidence or your own thinking skills. Rather, you had to "follow the process." If the ID thief could pass the screening tests, then they could get away with doing whatever they wanted to do. *"Following the process" per company rules and regulations could leave actual cardholders stranded,or repeatedly unable to use their cards despite making the same kinds of purchases at the same kinds of merchants. *Having to participate in treating customers so poorly (or else I'd get fired) HONESTLY had me in tears after work some days. *Every negative comment I've read about SynBnk on Glassdoor is 100% true. I still feel I've listed the bare minimum. Basically, avoid this place like the plague.

Viewing 4 - 6 of 2,548 Reviews

Glassdoor has 2,847 Synchrony reviews submitted anonymously by Synchrony employees. Read employee reviews and ratings on Glassdoor to decide if Synchrony is right for you.