Ally Financial reviews

3.7

70% would recommend to a friend

(2,383 total reviews)
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Michael Rhodes

60% approve of CEO

55% positive business outlook

Ally Financial has an employee rating of 3.7 out of 5 stars, based on 2,383 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ally 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

2K reviews
1.0
Jan 18, 2014
Recommend
CEO approval
Business Outlook

Pros

Absolutely no pros for this company

Cons

I currently work in the Itasca office and this is the absolute worst place I have ever worked. The management is constantly micromanaging you from watching and recording every move you make to find the smallest fault to use against you. Ally has a feeder program for kids graduating from SIU and Ferris college, so they cater to them. These are the kids that still live at home with mom and dad, and are the ones advancing in the company with promotions and raises. Like I said these are kids, just out of school with no background, no experience, and no responsibilities, but they are the ones going forward over the people that have several years experience and knowledge. It does not matter how much you go above and beyond your duties, you will not be looked at if you are not an SIU or Ferris graduate. There is constant discrimination of age, and your background. They will promise you advancement and bonuses when your interviewed, but will never receive anything unless your on the A list like I mentioned above. All the kids start out making more than you and receive a healthy bonus to work there, and of course will pass you up in promotions. I was passed up four times for promotions I applied for that I was more than qualified for by kids that still live at home with absolutely no experience or background in any field. You can't talk to anyone about your concerns they will just lie to you and make up stories. I questioned one of the operations managers about a promotion I was passed up for and more than qualified, and I was told I should look for another job if I wasn't happy. All the training goes to the kids so they are groomed for the positions they are promised and it's obvious. They do give you several PTO days when you start, but good luck trying to get any time off that you want, especially around any holiday. Don't even think about being sick, when you call in with the flu or something serious, you will get the third degree and they will try to convince you to come in even for half a day. When you are sick they force you to use a PTO day whether you want to or not, and then use that against you saying it was an unexcused absence. The only decent thing is the benefits, they are a little pricey but a lot less than you would have to pay on your own, and the coverage is great. That's the only thing keeping me from leaving until I can find a real career. There is so much more, and I can go on for hours about the negativity at this place. Apply at your own risk. If they promise you bonuses and quick advancement, think about this review. If you find something else, I would recommend to take the something else.

1.0
Sep 7, 2023
Recommend
CEO approval
Business Outlook

Pros

Direct deposits are on time every other Friday

Cons

Favoritism and nepotism at epidemic levels. I strongly urge someone to audit the hiring and promotion processes. There are new young managers, directors and Sr. Directors (how does someone in their 20s/30s accumulate so much applicable experience in such a short amount of time?) while internal employees with 15+ years of experience are told they are not qualified or not even considered. Sr. Leadership is not held accountable for bad behavior nor bad business decisions.

1.0
Aug 31, 2022

Tricky

Recommend
CEO approval
Business Outlook

Pros

The pros do not outweigh the immense cons and are not worth mentioning. Everyone worth their salt is in the process of interviewing with better employers.

Cons

There is an atmosphere of extreme distrust and incompetence from the C Suite. We need innovating leaders who understand technology, culture, and fintech. All of our leaders are has beens from banks with even worse culture than Ally. The pay is low, the politics are terrible, the organization is non existent, employees are miserable and have no morale, we are beaten down at every turn and treated like children. Ally lies at every corner and tricks employees and the public. They tell us they are committed to hybrid work then are forcing us to 4 days in office next month and full time 5 days in office this quarter. That is not flexible and that is not work life balance. There is nothing here that is so great or innovative that makes it worth staying if we don't have any flexibility. There are a lot of other banks that pay better and have more remote options. Ally hides their discriminatory lending, data breaches, and discriminator hiring practices. They lie and trick people at every turn and hide behind a false narrative that they force down our throats.

Viewing 34 - 36 of 2,383 Reviews

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