Ally Financial reviews

3.7

69% would recommend to a friend

(2,385 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 2,385 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
3.0
Jan 6, 2009
Recommend
CEO approval
Business Outlook

Pros

Being a subsidiary of GMAC has its benefits, both from a total rewards, recognition, and benefits perspective. But this is a company that excelled in another world, prior to the mortgage market meltdown and global economic turmoil. Work - life balance was strongly encouraged and supported.

Cons

GMAC-RFC served a niche market that at one point was very profitable. Then the world changed and the company did not change fast enough or move in the right direction. While talking about diversification of its portfolio, the company missed the boat in that it still focused on the sub prime market. The pressures brought about by the sale of GMAC to Cerebus also created turmoil as GMAC sought to consolidate and become more efficient. There were culture clashes and low employee engagement as a result. The people who needed to be retained were either let go or left the company before things got too bad.

4.0
Dec 27, 2008
Recommend
CEO approval
Business Outlook

Pros

They supported a balanced work/personal life. One was not looked down on or held back for future opportunities just because one needed a vacation every year or didn't want to work 12 hour days. In fact, 12 hour days were seen as a sign of a problem, and that problem was dealt with.

Cons

I was with a satellite office that had an excellent rate of turning foreclosures into homes sold. The corporate office was rather stodgy. Their larger (than San Diego) servicing site in Horsham PA had a time-tested, never-changing way of doing things. Even though we handled the poorer credit loans (thus, more foreclosures) and had a higher turnaround rate, Horsham still looked down on San Diego as renegades.

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Glassdoor has 2,711 Ally Financial reviews submitted anonymously by Ally Financial employees. Read employee reviews and ratings on Glassdoor to decide if Ally Financial is right for you.