American Express reviews

4.1

81% would recommend to a friend

(18,625 total reviews)
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Stephen J Squeri

89% approve of CEO

79% positive business outlook

American Express has an employee rating of 4.1 out of 5 stars, based on 18,625 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The American Express 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

19K reviews
3.0
Mar 26, 2009
Recommend
CEO approval
Business Outlook

Pros

The best reasons to work for American Express are the benefits, opportunities and skillbuilding.

Cons

The downsides of working for American Express are inconsistencies with dealing with policies and procedures, scheduling, vacation request policies, lack of proper training, lack of communication from management.

2.0
Mar 25, 2009
Recommend
CEO approval
Business Outlook

Pros

Pay wise, it's better than being unemployed! Benefits packages are equivalent to some local companies. The quality of the workforce is very high, and team members support each other, which to some extent mitigates the pressure cooker atmosphere constantly maintained by management.

Cons

Amex maintains an EXTREMELY high stress environment. Even when the economy was in great shape, management made sure customer-facing employees knew job security was poised on a knife edge. We were constantly reminded that if our production or feed-back numbers were not dazzling, we could be fired. This remains true, even for factors beyond an individual's control, such as the admittedly flawed "voice of the customer" feedback that often targets reps who have never spoken to the customers who are surveyed on that employee's performance. Pay scales are lower than industry averages. Promotions seem to be based more on political connections, friendships and physical appearance than on ability or track record. Beware the glass ceiling, ladies! It is thick, has sharp edges, and statistically starts only a step or two above entry level jobs. Although over 85% of American Express spending is done by card members who live in the United States, the company doesn't scruple to outsource customer-facing jobs to countries with lower wages.

2.0
Mar 24, 2009
Recommend
CEO approval
Business Outlook

Pros

For these tough times, the jobs are relatively secure though I'm not sure why. I was expecting more layoffs than we've had, and we actually are hiring in some cases. The pay and benefits are better than other banks.

Cons

It's become embarrassing to be associated with Amex since we took billions of dollars from the government through the TARP program. Whenever I am with a group of people outside of work, someone naturally asks where I work. My answer of "American Express" gets the whole group's attention and I must then endure a long list of complaints about what Amex is doing with their money. The chiding even comes from my own relatives. Once someone even said they pay my salary now. Thank goodness I don't work for AIG, or I guess I would be getting physical threats, but it's wearing nonetheless. Back in the '90s I respected our CEO Ken Chenault (then a Sr VP) and our other Senior leaders a lot for their wise conservative decisions, but I was wrong about Ken being at all conservative - something a bank really must have - and now I just feel shame.

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Glassdoor has 21,981 American Express reviews submitted anonymously by American Express employees. Read employee reviews and ratings on Glassdoor to decide if American Express is right for you.