Cheap, Poorly Run, High Turnover, Toxic Culture, Bureaucratic - Assistant Vice President MUFG Employee Review

1.0
Jun 11, 2022
Recommend
CEO approval
Business Outlook

Pros

Ability for junior staff to work beyond their experience level, mainly because no one wants to be on the hook for anything.

Cons

They pay vastly below the market. They will lie about compensation to get you in. Constant turnover at the senior mgt level, no one knows what they are doing. A culture of hate and disappointment throughout the bank. No one wants to be here. Red tape everywhere, beyond bureaucratic. Nothing works, old machines, bad systems, feels like the company's systems are 20 years old.

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MUFG Response
3y
Thank you for taking the time to share your concerns. Our colleagues are our most valuable asset and we’re committed to treating all employees with honesty, fairness, and respect, and providing a safe and healthy work environment. Your experience is far different than the community we’ve worked so hard to build. We encourage you to provide additional detail by contacting the MUFG Americas Integrity Line at (877) 384-4274 or online at http://www.mufgamericasintegrityline.com/. MUFG is committed to protecting your anonymity or confidentiality when reporting unethical behavior. We strictly prohibit retaliation of any kind against individuals who report in good faith suspected violations of bank policy, laws, and regulations.

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CEO approval
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Pros

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Cons

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Pros

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Cons

Employees have expressed frustration over strict mandates (requiring up to 4 days a week in-office), which have heavily impacted work-life flexibility

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