Banking is not what it used to be - Anonymous employee KeyBank Employee Review

2.0
Jul 12, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Time off and holidays are great, especially for new employees. Lots of opportunities if you happen to live in Cleveland or Albany

Cons

Seems as though the company is now sacrificing customer service/satisfaction for cost savings and losing valuable long-term employees. Outsourcing is happening in many departments. Also, insurance choices are not that great, Each year there are less options. Also, long term employees are not rewarded for their loyalty and longevity. A person gets that same amount of vacation after 12 years with no more time no matter how long you are there and as far as severance when your job is outsourced, you get the same amount of time if you are there 15 years or 30. And if you are there less, they offer you a significant bonus to stay on which is also very unfair to long term employees. Not alot of opportunities unless you live in Albany or Cleveland to find other jobs unless you want to work in the call center or at a branch

Explore other reviews about KeyBank

5.0
Jul 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Remote, flexible, great moral and communication from leadership

Cons

Ever changing expectation and inconsistent feedback at times.

2.0
Jul 12, 2026
Recommend
CEO approval
Business Outlook

Pros

My coworkers are good, Training staff are great. 4 weeks of PTO is nice and the pay is decent along with a 7% 401K match.

Cons

I have strong reason to suspect I was placed on a PIP for reporting a employment violation to HR, I have had approved PTO get unapproved with 10 days of the vacation with no compensation, my area region leader is horrible. They have very weird rules to disqualify any compensation or even metric recording of repeat investors, even though the advisor I work with gets full credit and compensation, the branch manager and area leader get full metric credit and increase to their bonus for it and if another employee referred it they still receive their full flat bonus for the referral. If a branch is understaffed you will be required to essentially become a branch manager and will be expected to take on numerous branch operations but they will not adjust your wealth metrics.

See reviews by: Helpful|Rating|Date|All