Regions Financial reviews

3.6

66% would recommend to a friend

(4,209 total reviews)
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John Turner

77% approve of CEO

63% positive business outlook

Regions Financial has an employee rating of 3.6 out of 5 stars, based on 4,209 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Regions Financial 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
1.0
Oct 1, 2019
Recommend
CEO approval
Business Outlook

Pros

After 5 years there is a good amount of time off

Cons

No raises, hard to move up, board will not hesitate to cut any job to pad their bonus. Employee bonuses are a joke for the amount of work required to get them. Also the company will change the rules mid quarter so they don’t have to pay as large of a bonus.

2.0
May 22, 2019
Recommend
CEO approval
Business Outlook

Pros

Bankers hours Decent Pay Vacation time Employee accounts

Cons

About a year and a half ago I'd have had no complaints. But looking at the difference between then and now, it's quite sad how much of a gradual reduction in quality the position has experienced. They are trying to push so many countless initiatives, that it gets confusing just keeping track. The most egregious of these is the one job family. I was a teller at a previous bank, and it was not for me. Easy work, entry level, but not for me. Within the last year and a half, our tellers have ALL been raised to $15/hr just to equalize everything. The problem is, they did not give blanket raises to the people who were just ever so slightly above that mark. So you'll have it where a teller is making $15 an hour, while a banker (which is 95% a sales job) is making only a couple dollars more an hour. That is not balanced for merit, considering "incentives" for Regions are 1. Very small quarterly payouts 2. Based on a goal, but not a % of what you sell unless it's an annuity product, just added through the quarter and converted into Profit Equivalent (PE) 3. Also affected by the ENTIRE branches customer service score. Not your own. Yes, other people getting bad customer service reviews can lower your already small sales bonus that happens four times a year total. That's not even the kicker. The "one job family" is FORCING the bankers to take time out of their days to go run teller transactions, do change orders and miss opportunities for a new customer coming in, sometimes for an entire day. So the already difficult to meet goals are now impeded by the requirement of going up to teller row and being a teller, even though they hired you as a banker (Financial Relationship Consultant). If you are offered this position, think long and hard. Just know that coming in, you will make maybe $3/hr more than the tellers who are doing entry level work, but you will also be taken away from your desk and forced to also be a teller.

1.0
Feb 14, 2019

Waste of time

Recommend
CEO approval
Business Outlook

Pros

The only decent thing I experienced with the company were the amazing people I worked beside. Get in for the experience and leave immediately!

Cons

The management is a joke. It's definitely a buddy system if you want to move into a position of value. They constantly lie to you about opportunities but when job posts go out they already know who they're going to put in the position. They speak to you as if you're beneath them or in pre k instead of speaking like you're an.adult..I wish I followed others and left years ago instead of wasting 5 yrs at Regions. They also lie about incentives you van receive. I took about a 600.00 monthly pay cut the past 2 yrs. The customers aren't bad... It's management that makes it miserable.. Too many people in unnecessary positions that are forced to find an issue with you because if they don't their job wont matter.

Viewing 28 - 30 of 4,209 Reviews

Glassdoor has 4,375 Regions Financial reviews submitted anonymously by Regions Financial employees. Read employee reviews and ratings on Glassdoor to decide if Regions Financial is right for you.