KeyBank reviews

3.6

58% would recommend to a friend

(3,508 total reviews)
avatar

Chris Gorman

62% approve of CEO

52% positive business outlook

KeyBank has an employee rating of 3.6 out of 5 stars, based on 3,508 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
2.0
Aug 9, 2024

How much turnover until the higher ups actually pay attention?

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits are decent, 7% 401k match, wellness incentive, banker hours

Cons

Where do I start? The operations of the branch make zero sense. You have your tellers and bankers who basically do the jobs of 10 different people only to be paid less than their manager who focuses on small business and telling the remainder of the staff what to do. Manager goals vs banker goals are a joke. They have much smaller goals, their accounts are worth more, yet they do even less than the bankers? The incentives are a joke in general, since getting here I have seen the incentive plan change at least 5 times and for no other reason than to save the company money. Managers aren’t held accountable for anything and take advantage of it. I rack my brain wondering why my peers and I are the ones running the branch but we’re the lower man on the totem pole. If you’re looking for professional growth you won’t get it here unless you happen to be favored by the current leaders and their politics. I have seen 4 strong coworkers leave to go elsewhere because they were constantly passed over for opportunities in favor of external hires WITH NO EXPERIENCE! Imagine working for a company and them picking someone with absolutely no qualifications over promoting you? Yikes. Due to the lack of promotion and working your tellers and bankers like dogs every single branch is understaffed. You’d think they would be okay paying overtime during this but you’d be WRONG! They would rather you leave your branch even shorter and make the clients experience even worse than compensating their employees to be there. I’d say to hire more people but it won’t make a difference because the turnover is awful. Nationally all businesses are understaffed and choose to adjust hours to accommodate the staff and not overwork them or work under so overstaffed. How about you close on Saturdays until you figure out your staffing model instead of constantly leaving other branches short staffed to make it happen. The client experience is still going to be terrible. I’d rather have a client annoyed we’re closed on Saturdays due to staffing than to have clients getting absolutely terrible customer service experiences because how could they possibly get a positive one when the staffing model is a joke. Upper management is constantly in rotation. Everything and everyone’s individuals success is determined on how that current leader feels about you. You’ll see the leaders favorites flourish solely because they’re friends over someone more competent or qualified. To consistently see such solid employees leave because of the environment and toxicity of the company is appalling and embarrassing. To work for a company that would rather bring in external hires for EVERYTHING than keeping the ones they have happy is disgusting. You are replaceable and we get it but to be so blatantly obvious that you don’t want any of these people to succeed beyond their role is alarming.

1.0
Aug 5, 2024

Poor management

Recommend
CEO approval
Business Outlook

Pros

-nice employees -401k Match -Fitness reimbursement

Cons

The new management that they brought is HORRIBLE. They gaslight you and belittle you. It’s has become a toxic environment with no light at the end of the tunnel. We are severely understaffed and keep losing wonderful workers due to the toxic management.

1.0
Nov 2, 2023

Run

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Cannot think of any.

Cons

Favoritism. No Development. Poor Leadership. No room for growth. Insurance may be affordable, but they use the worst company in the industry. Pretty much everything about this company is a con.

Viewing 13 - 15 of 3,508 Reviews

Glassdoor has 3,818 KeyBank reviews submitted anonymously by KeyBank employees. Read employee reviews and ratings on Glassdoor to decide if KeyBank is right for you.