Ally on the surface, same ole GMAC under the hood - Anonymous employee Ally Financial Employee Review

2.0
May 27, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great locations in both Detroit and Charlotte (newer building), sometimes competitive pay, feels like a young energetic environment, shared workout room, pretty good break rooms. Sometimes free parking uptown. Work life balance can be fair as long as you are in the right department. Plenty of chances to move up to middle management. Good at drawing some really talented and fun entry level people. Great benefits.

Cons

You hear Ally and you think modern online bank. Unfortunately, instead of being in tune with the pulse of modern society and technology, it's a lot of show and no go. The bank was stood up and for the most part has been left under warming lights like an old fast food burger. The luster wears off quickly as the old crusty GMAC interests creep in. Between the Detroit GMAC people who insist on doing things the same way that landed them in need of a rebrand to hide their shame and the Charlotte "leaders" who are too busy playing politics and pretending like they're still at Bank of America, things can get ugly. While pay can be competitive it can also be terrible with even worse raise/bonus policies. Politics is extremely heavy even at the ground level. Middle management is ridiculously thick with drama and executive management is tired and, again, crusty old school. While some of the pros are free parking and great primary offices, this only applies if you're in the main Detroit and Charlotte offices. Their other Charlotte locations do not have free parking and are dated and soul sucking. Work life balance, while as stated above can be great, can also be unrealistically bad. Culture looks good at first and the all hands calls ooze hr feel good buzz words and tactics however none of it ever amounts to anything. They sound like google but certainly don't behave like google.

Explore other reviews about Ally Financial

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, good compensation and benefits. Excellent management team, very supportive and interactive with the team.

Cons

Onboarding was a challenge due to IT’s lack of clear direction. The loan origination system crashes a lot.

2.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Hybrid schedule is reasonable, with only three days a week required in office. Benefits are decent and we have a fairly new office building is a nice.

Cons

Don’t be fooled by Glassdoor’s rating. It likely reflects the old Ally, not the company it is today. Ally used to be a great place to work, with strong culture, meaningful work, and real innovation. They used to pride themselves on culture, and now it’s the worst I’ve seen it. There have been significant leadership changes, with many of the leaders who made Ally great shown the door. Round after round of layoffs has everyone whispering about who’s next, and the people who remain here are stuck cycling through failed re-orgs meant to “fix” the department. It’s gotten bad enough that I know people actively hoping to get cut just to walk away with severance. If it doesn’t get better soon, I might be hoping to be let go myself. I can’t recommend it the way I once would have.

1
See reviews by: Helpful|Rating|Date|All