Wintrust Financial reviews

3.7

65% would recommend to a friend

(453 total reviews)
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Tim Crane

64% approve of CEO

64% positive business outlook

Wintrust Financial has an employee rating of 3.7 out of 5 stars, based on 453 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wintrust Financial 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

453 reviews
1.0
Oct 2, 2023
Recommend
CEO approval
Business Outlook

Pros

Unfortunately, not many to list. There are some good people working in the company but only a handful.

Cons

- Lack of structure and training (systems training, procedures training) - Disorganized HR department, I did not have an onboarding meeting w/ HR to talk about benefits, and do an overview of company resources and the basic things you would expect in any organization, or so I thought, until I started working at Wintrust. - Unprepared Leaders who do not know how to manage, inspire, and lead, and honestly should never be in a position of management. The commercial banking Leader in the Government, not for profit, and healthcare team aside from being a micro-manager, had questionable morals, values, and treated people in the team like sh1t. Here are some examples of things i heard: " People who work from home are Lazy" ; "COVID is not real, its a joke, and its not an excuse to not be in the office, and to no tell anyone in the team I was exposed to someone that tested positive" " there is no need to have two parents at home when one parent can look after a sick child" this was right after i left the hospital and the ER with my child. "How can I trust that you won't start making up that your child is not sick so that you can work/stay home" " this is a professional job, not a manufacturing job".... the list goes on... I also gathered feedback from other RM's, PM's and even analysts on their relationship with said leader, so that my opinion would not be biased based on my own experiences, and not surprisingly, none of these individuals had anything positive to say, but had many negative comments and stories of their own. HR said the leader had a "strong work ethic" i think they misused the word @sshole and treating people poorly for "having a strong work ethic".. This leader is a known issue, has had high turnover in the team, and that I know three individuals left the company because of her, I am the fourth. HR is unwilling to do anything about it, gives her a free pass to bully, intimidate, discriminate, and harass employees. I also had some interactions with an "ambassador" at Wintrust, crude, old white male, disrespectful, and quite full of himself to the extent he would berate employees if they wore, or not wore a tie, shaved or not and petty things alike. I had a terrible experience with Wintrust, it is not a bank I recommend to work, to bank with and I really don't know how they advertise themselves as an employer of choice when among only 1 line of business the majority of employees disagreed with the leader, were unhappy with her, and disliked the culture.. I heard that the other lines of business weren't good either as far as leaders go, but I got stick with the worse of them all. I applied for a hybrid role, then was told after hire the expectation was M-F and HR had the audacity to say that was clearly communicated with me like they were sitting in the same room as me during the interview.. not the case at all. HAD IT BEEN communicated on-site M-F even after client visits etc.. and a very strict schedule and even stricter leader, I would never have even considered the role, or wasted my time an energy. AGAIN, stay clear from working for this company as I do not see them making any strides to acknowledge their mistakes, call out their "leaders" for being bad managers and coaching them to be better,

1.0
Sep 9, 2023
Recommend
CEO approval
Business Outlook

Pros

Some higher-level managers were genuinely dedicated and collaborative, making for a more tolerable work experience.

Cons

I once had the opportunity to work at Wintrust Financial Corporation, and my experience there left me with mixed feelings. While the institution had its strengths, I cannot overlook the pervasive issues stemming from certain managers and a toxic work environment. My review aims to shed light on these aspects, hoping for a better future for employees and the organization as a whole. *Toxic Management Culture* One of the most disheartening aspects of my time at Wintrust Financial Corporation was the presence of a highly toxic management culture. Some managers seemed to be more focused on maintaining their power and control over their subordinates than nurturing a collaborative and supportive work environment. These managers are unfair and dishonest, creating a hostile atmosphere, which stifled creativity, collaboration, and professional growth. *Knowledge Hoarding and Framing* What made the situation even worse was the blatant act of knowledge hoarding by certain coworkers with work visas. In order to prolong their employment there, they strategically kept vital information to themselves and manipulated situations to frame their colleagues. This unethical behavior not only damaged the careers and reputations of innocent coworkers but also hindered the institution's progress. *Cultural Pollution* The toxic culture that emanated from the actions of a few individuals poisoned the work environment, causing frustration, stress, and dissatisfaction among employees. The toxicity became so ingrained that it affected team dynamics, employee morale, and overall productivity.

Viewing 22 - 24 of 453 Reviews

Glassdoor has 556 Wintrust Financial reviews submitted anonymously by Wintrust Financial employees. Read employee reviews and ratings on Glassdoor to decide if Wintrust Financial is right for you.