Regions Financial reviews

3.6

66% would recommend to a friend

(4,230 total reviews)
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John Turner

76% approve of CEO

61% positive business outlook

Regions Financial has an employee rating of 3.6 out of 5 stars, based on 4,230 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
2.0
Aug 14, 2014

Mediocre

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

High turnover industry makes it easy to get hired on. Most new employees don't stay very long, so it does not take very long to build up seniority if you plan on staying with the corporation.

Cons

Very micromanaged. Branch employees must make daily commitments of sales. If commitments are not aggressive enough, employees are questioned. If aggressive goals are made and not met, the employee is chastised. Contrary to what one other poster listed, only 10 days vacation are given until the year following the 3 year anniversary, then more vacation is earned. Most of the time, employees must send hourly "sales updates" which take about 10 minutes to prepare, recapping the activity from the past hour. On the corporate level, sales numbers for employees are updated about 3 times per month, generally the goal is every Thursday, but any kind of conflict such as month end or quarter end may delay the weekly update by up to a week or two, making it a very ineffective tool to use in a micromanaging environment.

1.0
Aug 12, 2014
Recommend
CEO approval
Business Outlook

Pros

-Regular Hours -Decent training to set you up for a better job -Decent Benefits

Cons

-Large pay disparity with overlapping salaries. I was promoted to assistant manager after 2 years of hard work and great sales numbers. I got in to my branch to find out that the associate I'd be managing, who was a fresh hire with no sales experience, was making more than me. I left the position and my replacement, who was an outside hire, was making 15k more than I was. -Priority for outside hires. Don't expect to move up with this company - if they can hire from outside they will. They will also pay them a lot more than an internal promotion. -If you don't hit sales goals you get punished with multiple "call nights" each week. We call these detention because they keep you after work for an hour or two to cold call people who are tired and just getting home from work. -If you do hit your goal you get punished. The branch goals are increased and the amount of credit you get for each product you sell is decreased. -Goals are not scaled by branch traffic. If you get stuck in a slow branch you will get no bonus and have no opportunity to advance. Advancement is based primarily on the number of checking accounts you open. You can have a branch where each associate sees 20 customers a day and a branch where they each see one customer a day - they have the same goal. Management tells you to make up the difference by cold calling. The people that do the least amount of work (they get to sit and clerk products all day long) get the most in bonuses. Nobody lasts in the slow branches because of the stress. You get constant criticism and are belittled because your numbers are not the same as a busy branch.

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