Well… - Anonymous Ally Financial Employee Review

2.0
Sep 30, 2022
Recommend
CEO approval
Business Outlook

Pros

Benefits Brand Potential internal mobility Employee communication

Cons

Pay: There is a lack of pay transparency and compensation needs to evaluate equity among all departments and levels. How is it that a college grad with two years of experience makes 30k more than their peer that has 5-10 years experience? Did I mention my manager makes 2.8x more than I do? Benefits: Takes 30-60 days before you’re eligible to enroll. Work from home benefits are not competitive (desk, chair, and internet are not even partially covered). The PPO plan is equivalent to a monthly car payment. Culture: Leadership is out of touch and won’t talk to you unless they need something. Midlevel management will delegate as much as possible to push themselves to the top without giving recognition to the ones below them that did the work. Promotions are earned based on tenure, not experience. Surveillance: Uses Teramind hidden agent to monitor employee productivity (including corporate employees) but no communication or transparency about this topic. Location flexibility: hardly any at best. Depends on the team and the internal politics. The company loses on top talent by this antiquated mentality.

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.

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