Ally Financial reviews

3.7

69% 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
4.0
Dec 1, 2009
Recommend
CEO approval
Business Outlook

Pros

Great benefits and compensation, excellent peers, doing things differently in banking

Cons

Hard driving, performance is king, senior management is very needy and demanding, some micro-managing

2.0
Nov 12, 2009
Recommend
CEO approval
Business Outlook

Pros

GMAC has managed to attain banking status. This may position it to survive in the auto finance world going forward.

Cons

The new management has brought in over 100 former employees of Bank of America and is in the process of migrating the corporate headquarters to Charlotte, NC. Legacy GMAC employees feel like their experience which formerly was an asset is now a liability. There is very little respect by the new management and employees for those who actually know how GMAC's business should work. The new employees seem to be set loose to create their own jobs which frequently overlap or conflict with the jobs of others. There is no clearly articulated strategy of GMAC is going to thrive in the future. As of October 2009, morale (at least in Detroit) was miserable.

5.0
Oct 28, 2009
Recommend
CEO approval
Business Outlook

Pros

GMAC has gone through the roughest part of a tumultuous evolution. They successfully completed their independence from the flailing General Motors, and they've made great strides in their early attempts to integrate seven different business units into a more cohesive whole. A management focus on common processes, standards, and governance should allow them to create savings through increased efficiencies, reduced effort, and a more solid bottom line.

Cons

Not everybody in the enterprise 'gets it' when it comes to the need for a speedy integration and standardization. Many mid-level managers are still entrenched in old silo thinking and territorial protectionism.

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