Regions Financial reviews

This company really is the definition of micromanagement. I often find myself writing reports about reports that were about reports. If you miss a goal (many of the goals are unattainable) you will hear about it from your assistant manager, manager, market manager, district manager etc.. along with countless conference calls and reports(all this wasted time will cause you to miss more goals and continue the vicious cycle). There is also too much job overlap - branch level is currently only focusing on cold calling(we have a telebanking department) and door to door sales, which is counter-productive in today's day and age. This makes it difficult to hit our goals which are based on consumer banking. Also, the goals are always increasing, while they lower the points we get per product. It really just seems like the company is trying to get out of paying bonuses, which doesn't help morale much. Also, make sure you apply to a busy branch - they don't scale goals by branch, so if you're at a slow branch you will never hit your goals. The yearly raises are also an insult - I got the highest rating possible only to get a raise that worked out to be $13 a month.

Have you seen financial stocks lately? Your experience depends entirely on your department. While some departments are more cohesive, I've seen high turnover and employee dissatisfaction following the acquisition of AmSouth. Zero identity. Zero culture. If you want your hard work and outstanding results to be rewarded financially - either get a promotion or take a hike! Regions is living in the stone age. Still using paper at an alarming rate. Paper is put in boxes. Then Regions pays someone to pick up those boxes for off-site storage. Why so? Because virtual storage is "not in the budget." Backwards business as usual.