Union Bank reviews

3.9

66% would recommend to a friend

(304 total reviews)
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Greg Seibly

82% approve of CEO

47% positive business outlook

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304 reviews

Reviews about "Compensation"

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3.0
Aug 22, 2017
Recommend
CEO approval
Business Outlook

Pros

Client focused. This position allows you to grow your knowledge around ALL realms of banking. I came from another institution where you would just refer to a partner (i.e. business specialist, loan representative) for sales and loans/lines, but here, you do it all. I have learned about setting up trusts, deceased processing, business lines/loans, consumer products and you input and gather docs while also communicating to underwriter through the whole process. It allows you to expand your knowledge and grow in your profession. Gives you an upper hand if you ever decide to leave.

Cons

Not a lot of growth from within. They value hiring outside hiring to "build their book of business." VERY goal focused with not a lot of bonus opportunity. The base pay is decent, but for the work you feel underpaid. VERY strict lending guidelines, hard to get loans booked, but still possible.

1.0
Aug 20, 2017

A company to avoid unless you want to be lazy

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Working from home allowed but there is no consistent policy. Relative high base salary Very lenient in sponsoring foreign employees Very good work/life balance

Cons

Low bonuses, no appreciation for the work and small base salary increases No performance driven culture. They should get rid of the non-performing employees...unfortunately not many will be left then IT systems are outdated, the implementation processes take forever. What a normal company can do in 2 months takes them 12 months due to the bureaucracy and non-agile implementations. Senior Management has very little leaderships skills. I worked for several companies before and I have never seen such poor management. this applies to Unionbank and MUFG in NYC. When executives are talking about the company and how it is all changing for the better, then the employees always wonder if they work for the same company because nothing much of what the execs say is reflected in the day-to-day life A silo-approach where managers have very little impact across silo. This impacts very negatively the output produced (inefficiencies) HR departments seems to be non existent, only when entering or exiting the firm.

2.0
Aug 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Compensation is good, however it may be because they are short of competent people.

Cons

Management has gotten too top-heavy, dysfunctional and highly political since the merger with the east. It is no longer an appreciative and healthy environment that it was, some 10 years ago. Cost-cutting measures in the wrong places drove good people away. Poor work-life balance especially in IT.

Viewing 184 - 186 of 304 Reviews

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