long working hours and low pay
Briefly describe your overall experience at your company
Unprofessional, exploitative, underpaid and worthless.
What do your coworkers need to improve and how could you work together better?
trying to make best out of everything
What needs to change to make the company culture better?
value employees and compensate them according to the market rate
What did you like most about the interview process?
It is good that they let you talk and explain your professional abilities.
What does the leadership team need to get better at?
they need to improve the way they treat their employees to avoid high turn over
Why do you feel undervalued and what would make you feel better about your compensation?
they pay 13 dollar an hour for a manager, yet they expect you to work 45 to 51 hours in a week.
What's going wrong and how can it be improved?
IBC needs to raise pays, improve the compensation, retain employees, recognize employees, create achievable performance. It is terrible to see employees leave the bank every week and branches suffer with shortage of employees.
Why do you feel undervalued and what would make you feel better about your compensation?
The hours are a lot, the pay is less, does not match your contribution to 401K, the profit sharing is just a mockery. The CEO makes 2.1 million USD and pays the tellers 8.60/hr. The annual bonus is mockery, some employees get just 300.
What needs to change to make the company culture better?
The company has to compensate its employees fair. It is a bank, it should not pay less than walmart or any other store. It should pay similar to other banks. It should not recycle employees setting unachievable goals and letting them go because of nonperformance. It should match 401K
What are some of the best things about your team?
It is the same every single meeting ever since I was hired. The company's meeting is just about things that employees did not do, not about what has already been done. No recognition. No one does the goal, because it is unachievable, then the management promote someone whom they like.
What does the leadership team need to get better at?
The bank requires a lot from the employees, pays the lowest comparing with other banks, very unprofessional atmosphere of work and full of non motivated (negative) employees. The team is good, t but the way the CEO runs the bank is just about himself and shareholders. I hope this helps.
Other Employee Reviews for IBC Bank
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