Very LOW Salary for non sales role - other banks pay much better - Sales Manager KeyBank Employee Review

1.0
Feb 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Work life balance, good people to work with

Cons

1. Base salary and total comp is too low compared to other similar financial companies. 2. I took this concern to HR and they all said they are paid very low as well. Hence they are not able to hire smart talent from outside and have to make do with avg. employees who will work for below avg. pay. 3. Outdated technology and cumbersome processes 4. Stuck in the past culture 5. Not respected as a place to work for within the industry 6. Very tall hierarchies/too many managers and leaders 7. Unable to innovate and cant keep pace with outside changes

Explore other reviews about KeyBank

5.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture, opportunities, industry leading products and benefits

Cons

Internal politics and favoritism blocks talent

4.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Flexibility is what sells this place as a great place to work. Hybrid schedule, great PTO, no guilt trips for needing time off for family matters.

Cons

Your experience will vary greatly based on your manager. One asset manager can freely call in or wfh without worry where another AM may be reprimanded for the same. The insurance department is completely inept. Borrowers are constantly threatening to sue because our insurance dept management sucks. Very little training across most departments. Some people work very very hard, others dont work at all, there doesnt seem to be much oversight there. When a manager tells their employee "dont expect to get promoted next year" with no guidance or encouragement, you pretty much kill all motivation for that employee to do better. They will hire people as senior staff and pay them way more than their seasoned employees make, and then tell their seasoned employees not to expect a senior promotion.

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