KeyBank reviews

3.6

60% would recommend to a friend

(3,511 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 3,511 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
Mar 9, 2022
Recommend
CEO approval
Business Outlook

Pros

higher base pay than other bank

Cons

KeyBank is stuck in a dividend stock trap and are required to pay out 75% of income to shareholders in the form of dividends. This massive cash outflow makes it impossible for KeyBank to upgrade the infrastructure, property train or staff key departments. It feels to me like the long term employees of KeyBank are the victims in an abusive relationship, and have yet to realize they can just walk away .

3.0
Oct 29, 2021

Gone downhill

Recommend
CEO approval
Business Outlook

Pros

The pay is very competitive compared to other banks.

Cons

The IC plan has gotten more and more confusing which makes it harder for people to understand how they get their bonus pay. After working 100% in person through a pandemic, there was no relief when it came to sales in the tough sales environment we were in (with interest rates being terrible and people wanting to avoid risk). A lot of the upper management who have the luxury of working from home are so disconnected on what actually goes on day to day in the branches and the demands are pretty high. As a branch manager you are consistently being stretched so thin which take a toll on work life balance. As a result they would do things like ‘pizza day’ or ‘jeans Friday’ which is a little bit of a joke. When I first started 5 years ago, I thought it was a great place to work for but I have seen the decline throughout the years and many many many people who have been with the company for a long time are now leaving. Also, after trying to get out of retail for my mental health— other internal job opportunities were hard to even get an interview with. Which seems crazy because I worked there for 5 years. I would just get an automatic email saying ‘we went with another candidate’ without a person even reaching out to me. So disheartening— as I am a HARD worker who is capable or learning anything and everything. This was ultimately the last straw for me.

1.0
Jul 27, 2021
Recommend
CEO approval
Business Outlook

Pros

Work hours are not long. Pay is not bad locally.

Cons

Bad manager is not uncommon. Verbal abusive is also tolerated. No clear HR procedures or policies. Employee receives no respect and doesn’t deserve to know the truth. Constant manipulation from the manager and HR. Transparent communication is impossible. Many politics are going on.

Viewing 163 - 165 of 3,511 Reviews

Glassdoor has 3,821 KeyBank reviews submitted anonymously by KeyBank employees. Read employee reviews and ratings on Glassdoor to decide if KeyBank is right for you.