Union Bank reviews

The organization has been making a ton of changes in the last two years with the merger/aquisition of MUFG. I'm on the west coast so we went from being Union Bank to MUFG UB to thinking we were going to be MUFG only to be told that this was no longer happening and we were Union Bank again (for certain groups in the bank). Layoffs continue to occur and those who remain feel like they could be next because there is no gratitude for the extra work we continue to take on. The benefits keep getting worse - took away the pension last year, changed insurance companies and increased the prices, switched so that 401k matches are only done at year end so if you leave mid year you get no match (nice for the bank to earn more interest for itself), no more vacation buy options so if you're in your first 5 years at non-offiver level you get 2 weeks and nothing more (don't be a parent because you'll never see your kids), sick days used to be 12/year with rollover up to 400 hours and now you get 7/year and if you don't use them you lose them (definite increase in sick days used was seen this past year). It's difficult to move up in the company and they are so cheap - even with tons of layoffs in the past two years the bonuses are less and less and the salaries remain below market. Management is incompetent and inclined to hire from outside or make easier, illogical promotions. They want to emulate the big banks so badly that they keep hiring from Wells and other competitors to "get an edge" and then wonder why their long time employees jump ship. Oh and force ranking your employees based on a bell curve and hurting their chances for promotions and bonus incentives is a great way to boost morale - and you wonder why the employee satisfaction survey keeps getting worse every year. The computer systems are absolutely awful! They have been wasting money talking about a wholesale loan system and working with consultants for years only to stop whenever some progress is made.