Fifth Third Bank Culture | Comparably
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Fifth Third Bank Claimed Company
The mission of the Community and Economic Development team at Fifth Third Bank is to responsibly empower underserved individuals, families and communities through the delivery of responsible and innovative financial solutions, leading to financially healthy people and sustainable communities. read more
EMPLOYEE
PARTICIPANTS
176
TOTAL
RATINGS
1707

Fifth Third Bank Company Culture

Fifth Third Bank Culture

This score is derived from employee ratings & reviews
2.8/5
Fifth Third Bank's Overall Culture is rated D+

Top Rated Culture Dimensions

Fifth Third Bank CEO

Bottom 25%Bottom 25% of Similar Size Companies on Comparably
Greg D. Carmichael Fifth Third Bank's CEO
Greg D. Carmichael
60 /100

Diversity at Fifth Third Bank

Bottom 15%Bottom 15% of Similar Size Companies on Comparably
D

Diverse employees at Fifth Third Bank have rated Environment, CEO Rating, and Team as the highest categories they have scored

Women at Fifth Third Bank

Bottom 40%Bottom 40% of Similar Size Companies on Comparably
C

Women at Fifth Third Bank have rated Team, Environment, and Perks And Benefits as the highest categories they have scored

Fifth Third Bank eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 25%Bottom 25% of Similar Size Companies on Comparably

Recommend to a Friend?

-26

Fifth Third Bank employees are -26% more likely to recommend Fifth Third Bank as a great place to work

31%Promoters
12%Passives
57%Detractors

Working at Fifth Third Bank

Working at Fifth Third Bank is rated below average by 176 employees, across various culture dimensions. Fifth Third Bank employees rate Environment highest among all categories, and think that Outlook and Office Culture have the most room for improvement, putting Fifth Third Bank’s culture in the Bottom 25% compared to similar sized companies on Comparably. See below in detail how working at Fifth Third Bank was rated by employees.

Overall Company Culture at Fifth Third Bank

D+

Overall Company Culture at Fifth Third Bank is rated D+

Last updated 16 days ago

Bottom
25%

Fifth Third Bank ranks in the Bottom 25% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 176 Employees

View Results
0
20
40
60
80
100
Customer Success
76
Customer Success76
Operations
63
Operations63
Sales
63
Sales63
Finance
46
Finance46

Fifth Third Bank Employee Reviews

Out of 215 Fifth Third Bank employee reviews, 64% were positive. The remaining 36% were constructive reviews with the goal of helping Fifth Third Bank improve their work culture.

64%
36%
Positive Reviews64%
Constructive Feedback36%

Positive Reviews From Fifth Third Bank Employees

  • What is most positive about the culture and environment at your company?
    friendly, approachable, reliable, encouraging, inclusive
  • What are some of the best things about your team?
    its like a family, support each other,
  • What is the best part about your compensation package?
    health benefits and add on in different areas like financial wellness, mental and health wellness.

Constructive Feedback From Fifth Third Bank Employees

  • What would you improve about your company's interview process?
    place people in the right position based on their passion
  • What do your coworkers need to improve and how could you work together better?
    re direct their ways and focus on what's important the clients and the community
  • What does the leadership team need to get better at?
    we need to aliened with our core values and mission

Fifth Third Bank Company Information

Fifth Third Bank Mission, Vision & Values

Fifth Third Bank Mission & Values

The mission of the Community and Economic Development team at Fifth Third Bank is to responsibly empower underserved individuals, families and communities through the delivery of responsible and innovative financial solutions, leading to financially healthy people and sustainable communities.

Fifth Third Bank Vision Statement

Our Vision is to be the One Bank people most value and trust. Our Vision guides our actions; it is why we do what we do. It sits at the top of our Compass and points to the north.

Sustainability and Corporate Social Responsibility at Fifth Third Bank

Fifth Third has five operational sustainability goals that will promote a healthy and sustainable environment and help protect the planet for future generations. Fifth Third committed to the following goals by 2022:

Reduce energy use by 25 percent.
Reduce greenhouse gas emissions by 25 percent—achieved in 2018.
Reduce landfill waste by 20 percent.
Reduce water usage by 20 percent.
Purchase 100 percent renewable power—achieved in 2019.

We work hard every day to address the environmental challenges our planet faces in ways that will create long-term value for Fifth Third Bank—and in turn, strengthen the communities in which our shareholders, customers, and employees live and work.

HeadquarterUnited States of America
Websitewww.53.com

Fifth Third Bank Competitors

Fifth Third Bank competitors include SAP and BBVA. Fifth Third Bank ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Fifth Third Bank compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    SAP's Logo
    SAP
    4.6/5
  2. #2
    BBVA's Logo
    BBVA
    4.2/5
  3. #3
    Fifth Third Bank's Logo
    Fifth Third Bank
    2.8/5
  • Culture Video

Fifth Third Bank Employees

176 employees at Fifth Third Bank have reviewed Fifth Third Bank across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 16 days ago.

Overall, the 176 Fifth Third Bank employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Fifth Third Bank are not very pleased with their total compensation at Fifth Third Bank, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Fifth Third Bank are generally satisfied with their team. 176 Participants grade the quality of their coworkers a C. The majority believe the meetings at Fifth Third Bank are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Fifth Third Bank believe the environment at Fifth Third Bank is positive. Most Participants believe the pace of work at Fifth Third Bank is comfortably fast. About 67% of the employees at Fifth Third Bank work 8 hours or less, while 1% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Fifth Third Bank are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
Fifth Third Bank employees generally work 8.8 hrs a day
Work Hours
A Day in the Life
Employees at Fifth Third Bank report the work pace is extremely fast
Work Pace
A Day in the Life
78% of Fifth Third Bank employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Fifth Third Bank employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
60% of Fifth Third Bank employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Fifth Third Bank employees typically get valuable feedback on how to improve at work Once a year
Feedback
A Day in the Life
60% of Fifth Third Bank employees call their work environment positive
Environment

Joining Fifth Third Bank - Employee Onboarding

The prevailing opinion from employees about joining Fifth Third Bank is that the company was unprepared on their first day. Fifth Third Bank employees concluded that their overall onboarding experience was negative. 50% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Fifth Third Bank KPIs and OKRs

Employees’ understanding of Fifth Third Bank's KPIs and OKRs is essential for its success. Out of 6 Fifth Third Bank employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 3 have said yes.

AnswerPercent
Yes50%
No50%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Fifth Third Bank CEO & Leadership

Fifth Third Bank CEO - Greg D. Carmichael

Greg D. Carmichael Fifth Third Bank's CEO
60 /100

Fifth Third Bank’s CEO Greg D. Carmichael started in this role in 2015. Greg’s approval rate is lower compared to CEOs at similar sized companies, putting Greg in the Bottom 25% of all CEOs of similar-sized companies on Comparably. Greg D. Carmichael’s employees rank Fifth Third Bank in the Top 50% for Environment, in the Bottom 45% for Perks And Benefits, and in the Bottom 40% for Team. D. Carmichael is generally unpopular with Fifth Third Bank employees, but ranks especially low with employees in the Finance department, and by employees with 3 to 6 Years experience and Male employees. However, employees with the company for 2 to 5 Years have a slightly more favorable view of the CEO. When compared to Fifth Third Bank’s competitors, Greg D. Carmichael ranks below both BBVA CEO Javier Rodríguez Soler and SAP CEO Christian Klein.

Fifth Third Bank Leadership

The Fifth Third Bank Executive Team is rated a “D” and led by CEO Greg D. Carmichael, Vice President and Senior Portfolio Manager Eric Strange, and Executive Vice President, Head of Payments & Commerce Solutions Jed Scala

  • Greg D. Carmichael  CEO / President

    Greg D. Carmichael CEO / President

    Greg D. Carmichael serves as the CEO / President of Fifth Third Bank.

  • Eric Strange Vice President and Senior Portfolio Manager

    Eric Strange serves as the Vice President and Senior Portfolio Manager of Fifth Third Private Bank. Eric started at... read more

  • Jed Scala Executive Vice President, Head of Payments & Commerce Solutions

    Jed Scala serves as the Executive Vice President, Head of Payments & Commerce Solutions of Fifth Third Bank.

  • Teresa Tanner Executive Vice President and Chief Administrative Officer

    Teresa Tanner serves as the Executive Vice President and Chief Administrative Officer of Fifth Third Bank. Teresa... read more

  • Chancze Lepore AVP, Senior Digital Product & Channel Manager

    Chancze Lepore serves as the AVP, Senior Digital Product & Channel Manager of Fifth Third Bank. Chancze started at Fifth... read more

  • Richard Stein Executive Vice President - Chief Credit Officer

    Richard Stein serves as the Executive Vice President - Chief Credit Officer of Fifth Third Bank. Richard started at... read more

  • Chris Fant VP Manager Information Security Operations

    Chris Fant serves as the VP Manager Information Security Operations of Fifth Third Bank. Chris started at Fifth Third... read more

  • Scenario Adebesin Director of Corporate Social Responsibility

    Scenario Adebesin serves as the Director of Corporate Social Responsibility of Fifth Third Bank. Scenario started at... read more

  • Dean Nolan VP/Director of Merchant Services and Payment Referral Programs

    Dean Nolan serves as the VP/Director of Merchant Services and Payment Referral Programs of Fifth Third Bank. Dean... read more

Fifth Third Bank Salaries

How much does Fifth Third Bank pay?

How much do people at Fifth Third Bank get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Fifth Third Bank is $128,494, or $61 per hour, while the estimated median salary is $127,594, or $61 per hour.

At Fifth Third Bank, the highest paid job is a Director of Sales at $231,312 annually and the lowest is a CS Rep at $45,156 annually. Average Fifth Third Bank salaries by department include: Sales at $147,754, Customer Support at $68,509, Operations at $96,339, and Product at $163,297. Half of Fifth Third Bank salaries are above $127,594.

81 employees at Fifth Third Bank rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 254 ratings) while 80 employees at Fifth Third Bank rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 87 ratings).

Salaries contributed from Fifth Third Bank employees include job titles like Director of Engineering, Lead Engineer, Operations Manager, and Accountant. Comparably data has a total of 1 salary records from Fifth Third Bank employees.

Last updated months ago.

1st Percentile
$71k
$71k1st Percentile
17th Percentile
$99k
$99k17th Percentile
33rd Percentile
$122k
$122k33rd Percentile
50th Percentile
$187k
$187k50th Percentile
67th Percentile
$245k
$245k67th Percentile
83rd Percentile
$275k
$275k83rd Percentile
100th Percentile
$306k
$306k100th Percentile
$128,494*
Average Compensation
$127,594*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Fifth Third Bank Salaries by City

Fifth Third Bank Salaries by Department

Explore Fifth Third Bank Salaries

Diversity & Inclusion at Fifth Third Bank

Diverse employees at Fifth Third Bank score the company 54/100 across various culture categories, placing Fifth Third Bank in the Bottom 15% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Fifth Third Bank across various culture dimensions.

Employee engagement has a high correlation with inclusiveness. The Bank's commitment to these priorities are clear, with engagement being one of our strategic pillars. All employees are invited to play an active part on our journey of fostering a highly engaging and inclusive culture.,,Our strategy is to foster an engaging and inclusive culture that attracts, retains and grows high-performing teams.,,Focus Areas of Diversity & Inclusion Strategy

Ranked Culture the Highest

Women 96/100
Tenure - 2 to 5 Years
Men 62/100
Department - Sales
Diverse Employees 66/100
Tenure - 2 to 5 Years

Ranked Culture the Lowest

Women 64/100
Department - Sales
Men 54/100
Tenure - 2 to 5 Years
Diverse Employees 40/100
Department - Operations

Fifth Third Bank Perks & Benefits

Health & Wellness

  • Health Insurance

Paid Time Off

  • PTO / Vacation Policy

Fifth Third Bank PTO

Fifth Third Bank's PTO and Vacation policy typically gives 20-30 days off a year with 50% of employees expected to be work free while out of office. Paid Time Off is Fifth Third Bank's 2nd most important benefit besides Healthcare when ranked by employees, with 25% of employees saying it is the most important benefit. Fifth Third Bank's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy25%
Office Meals0%
401k Contribution75%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes50%
No50%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo25%
$1000 -$1500/mo25%
$500 -$1000/mo25%
Less than $500/mo25%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Fifth Third Bank Careers

Fifth Third Bank Jobs

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H1B Visa

In 2019, Fifth Third Bank applied for 52 H1B visas. Of the work permits applied for, 87% were approved.

An in-depth look at ‘Certified-withdrawn’ H1B applications at Fifth Third Bank unveil that one approved work permit application was withdrawn before the employee’s start date.

Work Permit Application Outcome

52
Total Applied
  • 87% Granted (45 out of 52)
  • 2% Denied (1 out of 52)
  • 12% Withdrawn Application was withdrawn by the employer before approval/rejection (6 out of 52)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 52)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Fifth Third Bank Know You Want To Work There

Overview of Candidates Interested in Fifth Third Bank on Comparably

Candidates By Department

Finance
33%
Admin
33%
Marketing
33%

Candidates By Location

Roanoke
33%
Tarentum
33%
Cincinnati
33%

Frequently Asked Questions regarding Fifth Third Bank

Who is the CEO of Fifth Third Bank?

Fifth Third Bank CEO is Greg D. Carmichael, their score by employees is 60

What is Fifth Third Bank eNPS?

The eNPS for Fifth Third Bank is -26

What is the salary for Sales Engineer in Fifth Third Bank?

Sales Engineer average salary in the US is 151k

What are the salaries in the Business Development in Fifth Third Bank?

The average salaries for Business Development in Fifth Third Bank is 156k

Who are Fifth Third Bank competitors?

Fifth Third Bank main competitors are SAP, BBVA

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