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      Ally Financial

      Engaged Employer

      Ally Financial reviews

      3.7

      70% would recommend to a friend

      (2,383 total reviews)
      avatar

      Michael Rhodes

      60% approve of CEO

      55% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.9

      Culture & values

      3.7

      Work/Life balance

      3.7

      Compensation and benefits

      3.4

      Career opportunities

      3.2

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      3.0
      Oct 1, 2008

      RFC MN and GMAC Horsham Subsidiary Merger.... tough to take...

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Creative products and efficient processes at the Horsham based operations, especially in morgage servicing.

      Cons

      The merger with Minnesota RFC Subprime unit's strategy and asset holdings took pulled down the Horsham Prime GMAC Mortgage unit unfairly..... Current financial crisis and bailout, tells which sub. really had the right thinking and which was pie in the sky easy money.... If the companies were not merged, I believe GMAC corp would of just shut GMAC RFC down in its entirety in one motion... and Horsham based employees would of been less effected by the crisis...

      2.0
      Jul 22, 2008

      GMAC Review

      Portfolio manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great coworkers, very hardworking and great mentors. Management / Executive pay is staggering compared to those below.

      Cons

      Limited opportunity within the company as well as the shrinking automotive finance market. GMAC is owned by Cerberus who eventually will sell the company once it turns it around, at that point look for more layoffs. Upper management has been stuck in their ways for years, and refused to change the company to compete with the market. Talent retention is a key failure at this company as everyone who works there is either new (0-2 years) or old (20 + years). Those in the middle were either fired, quit, or downsized which could create a large problem within the company in a few years.

      3.0
      Jul 10, 2008

      Buyer Beware

      Compliance
      Recommend
      CEO approval
      Business Outlook

      Pros

      The numerous changes that have happened in the last 2 years make it difficult to provide feedback on current environment. If you are willing to take a risk, it can be a positive experience. Do your homework, ask questions, and be prepared for daily changes. Those who can disengage from their work role will most likely be fine. During my tenure the perks and the people made the long hours equitable. The current leadership has changed so often I can not speak to how that impacts those working at GMAC today. Most of my contacts have been laid off or left for new roles in other organizations.

      Cons

      Any job has a down side. The collaborative mindset of the past has been replaced by fear and distrust. The people focused culture made the above target performance expectations tolerable. Over the last 24 moths, benefits continued to be reduced as did the “balance life focus” of the past. I was grateful for the opportunities but was not willing to be just a number

      Viewing 2380 - 2382 of 2,383 Reviews
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      ReviewsAlly Financial reviews

      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.