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
4.0
Jan 4, 2009
Recommend
CEO approval
Business Outlook

Pros

Formerly a fantastic company to work for. Benefits were second to none with perks that few other employer could offer. Relocation program was stellar. Employees were well taken care of, respected and growth opportunities abound. Then Cerberus happened...a typical greedy investor with no comprehension of how to treat your most valuable asset (EMPLOYEES!!!!).

Cons

Long hours. Executive leadership was (obviously) greedy and overcompensated. Middle to upper management; however, really understood how to treat employees well. Cerberus completely slashed benefits, dwindled compensation and misguided employees with bogus promises and deceptive management. They deserve to see their investment in shambles. Karma.

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.

4.0
Dec 26, 2008
Recommend
CEO approval
Business Outlook

Pros

used to be a fun place to work where they really took care of the employees. they used to give great bonuses each year when the company was doing well and always had an awesome annual employee and family event that was totally free. They also had a "partner program" where those selected got 6 weeks paid time off. was easy to move between groups if desired too for career variety or enhancement.

Cons

too closely tied to the downturn in mortgage industry. they have gone through several layoffs in the past couple of years, the last big one being 5000 people worldwide

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Glassdoor has 2,708 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.