KeyBank reviews

3.6

60% would recommend to a friend

(3,514 total reviews)
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Chris Gorman

64% approve of CEO

53% positive business outlook

KeyBank has an employee rating of 3.6 out of 5 stars, based on 3,514 company reviews on Glassdoor which indicates that most employees have a good working experience there. The KeyBank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

4K reviews
3.0
Mar 5, 2021
Recommend
CEO approval
Business Outlook

Pros

All the benefits of a full time position, and a full digital platform that makes banking easy without the need for interaction

Cons

Company posts profits, but constantly downsizes and rewards remaining employees with t-shirts, or old bulk candy. Company makes employees test the software with customers that's designed to phase out in branch positions. Offices are small, with all the tropes that come along with that, such as gossip and gaslighting. The processing of transactions in accounts lends itself more prone to charging customer fees, then requires refunds at the branch level causing dollar outages that go against your metrics for bonus. Also, the bonus structure is stacked against an individual employee as it requires certain actions by OTHER employees in order to qualify. In essence, YOUR bonus is dependent on someone elses performance. Lastly, it doesnt matter how much pride you take in your work or the results you achieve, because they just expect more and more.

3.0
Jan 9, 2021
Recommend
CEO approval
Business Outlook

Pros

Benefits, competitive pay, coworkers, contests with prizes

Cons

Rarely able to take lunch breaks due to being grossly understaffed, new initiatives to introduce technology (financial wellness and small business digital reviews, appointment scheduler, referrals to other lines of business, Zoom calls and constant WebEx conference calls) leave us working all day just to check off boxes to meet “activity” goals, leaving almost no time to do meaningful work towards sales goals or client service, not being able to take PTO if needed due to staffing issues ( most time off for the year needs to be scheduled in January so upper management can plan for staffing issues) micromanagement at such a high level that it’s impossible to run your branch effectively, between your ARL and EL branch managers essentially have two bosses micromanaging them at the same time all the time, literally IMPOSSIBLE goals that will prevent Branch Managers from making any more money than their flat rate salary, unreasonable amounts of pressure put on Branch Managers to the point where all the BM’s in my area are starting to develop mental health issues and are becoming physically ill and ultimately quitting, having to have knowledge of close to 20 different systems, all of which are outdated or built improperly and cause severe issues for clients and branch staff that are trying to use these systems to solve service issues, apathetic back office staff that have no interest in solving client service requests and just pass off the requests or reject them all together whiteout explanation or suggestions on different ways to solve them, the constant hounding about not getting more business out of clients that applied for PPP loans is borderline harassment ( these people are looking for government assistance, now is not the time to be aggressively hounding them to buy into other products and services if they don’t need them). All in other other job roles seem to have fun at work and seem to stay with the company longer. If you take a position as a BM prepare to want to leave before your first year, nervous breakdowns, having no mental energy to have a personal life outside of work, calls or texts while you’re out on vacation ( I literally got a text from my ARL as I was boarding a plane home from Miami because he was upset that my PB didn’t jump on the area conference call). The pay and benefits will sound very attractive when you’re offered the position but be warned that it is not a sustainable job role. Humans are not equipped to be handle this amount of stress.

4.0
Dec 21, 2020

Corporate Challenges

Recommend
CEO approval
Business Outlook

Pros

Local market support is outstanding I have some of the best coworkers and leadership available to me. Was able to grow quickly within my first year and currently succeed in my existing role.

Cons

Corporate offices in Cleveland often bogged down your ability to do your work in a timely and efficient way. Technology limitations are ridiculous. corporate offices are disconnected from their local retail environments and often say that retail employees are the heart of the company but they're the people that they often treat the worst.

Viewing 322 - 324 of 3,514 Reviews

Glassdoor has 3,824 KeyBank reviews submitted anonymously by KeyBank employees. Read employee reviews and ratings on Glassdoor to decide if KeyBank is right for you.