SunTrust

  www.suntrust.com
  www.suntrust.com
There are newer employer reviews for SunTrust

1 person found this helpful  

SunTrust...mediocre at best

Current Employee - Business Project Manager in Richmond, VA (US)
Current Employee - Business Project Manager in Richmond, VA (US)

I have been working at SunTrust full-time (more than 3 years)

Pros

Great team interaction..."One Team" atmosphere

Cons

Opportunities to advance in the company is limited
Development and training opportunities are below that of its financial competitors

871 Other Employee Reviews for SunTrust (View Most Recent)

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  1. 4 people found this helpful  

    Always in a state of "transformation"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Atlanta, GA (US)
    Current Employee - Vice President in Atlanta, GA (US)

    I have been working at SunTrust full-time (more than an year)

    Pros

    Work from home 3 days per week. Slightly better than average salary. Great coworkers. 6% 401k match - paid semi-monthly (vesting was immediate, now it is 2 years - not too bad). 4 weeks vacation for professional grades. $5,000 annual tuition reimbursement (accredited universities only).

    Cons

    Every three years SunTrust goes through a "transformation." These transformations lead to uncertainty about working conditions and job prospects. Rarely does it turn in to an opportunity regardless of how aggressive you are. During these transformations top talent jump ship for stable, more interesting / challenging opportunities. Reductions In Force (RIF) occur 3 to 4 times per year.

    Advice to ManagementAdvice

    Give the transformations a rest - they are disruptive and take you back 3 steps for every one step forward. Focus on culture and your employees. A purpose driven company values individuals and builds relationships with people (and starts internally). RIFs promote uncertainty and fear. Stop cutting benefits. Eliminating the pension and HMO insurance should be enough to save you plenty of money.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    New to Banking, New to Suntrust

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Representative in Washington, DC (US)
    Current Employee - Financial Services Representative in Washington, DC (US)

    I have been working at SunTrust full-time (less than an year)

    Pros

    This company has good pay, good benefits and great structure for a long career in banking.

    Cons

    Always hiring cause some of the older employees morale is down. Specific to goals and competition.

    Advice to ManagementAdvice

    Work on morale, employees are doing dishonest things to their clients in order to chase the goals blanket set for them. This can lead to the type of problems that the other banks have gotten into.

    Recommends
    Positive Outlook
    Approves of CEO
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