Glad I left - Personal Banker KeyBank Employee Review

2.0
Sep 10, 2021
Recommend
CEO approval
Business Outlook

Pros

Good amount of PTO and good 401k plan

Cons

I worked for Key for almost five years. They do little to nothing to reward their employees. In the time I worked there, I was always told how great I was performing and never given a raise in my yearly review. In 2020 during the pandemic my branch manager left the company right as I was starting my new position. I was left to learn my new role without any proper training and left in charge of a branch in a shutdown. I helped everyone who had questions for the manager and even ran in and out of the branch (handling large amounts of cash) to those waiting outside in the drive thru all summer. Key wouldn’t even bother to spend money on us to have water to drink. We had to bring our own or go buy water. If that doesn’t show how cheap they are as a multi billion dollar company I don’t know what else will. During my last yearly review I was told how great I performed during the pandemic and all they could muster was a measly 50 cent raise. My manager told me my raise was confidential (it’s not) and that other people didn’t get raises. ( I found out the person I was training with zero banking experience was making more than 2 dollars an hour more than me) This was the breaking point for me. Other cons: The break room in the branches is a empty room without any TV or access to phone service. (And you are always on break alone, so no one to talk to) so everyone sits in their car for an hour on lunch. The branches have always been severely understaffed, it isn’t uncommon to only have 2 employees present. (You don’t get a break on those days either) It is a security risk and Key doesn’t care about it or they would staff the branches better. While I mentioned that they give a good amount of PTO you can’t actually use it most of the year. You have to plan your pto with your coworkers in January for the full year and 2 people cannot be off at the same time. This ends up blocking out 6 months that you cannot pick from and what company makes employees plan EVERY day off at the beginning of the year? Good luck if someone invites you somewhere for a long weekend a month in advance… you’ll be lucky to get that off and if you do they make you feel guilty about it. Sales policy is horrible, it’s a 100% or nothing model, and the payout sucks. I was over 120% to my quarterly sales goal and I was lucky to get $900 before taxes. Keep in mind they say your going to make so much money in sales in your interview… it simply is not true. Anyway, I could go on and on. I’m glad I left, after my time there I think Key is the most greedy company I’ve ever worked for and wouldn’t recommend it.

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.

See reviews by: Helpful|Rating|Date|All