M&T Bank

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Fairly Good Company in unstable banking times

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Accountant  in  Wilmington, DE (US)
Current Employee - Accountant in Wilmington, DE (US)

Pros

Company has had over 135 quarters of straight profits. Stable-does not look to merge with larger banks.

Cons

Certain employees with many years and experience are not promoted to Officers of the bank (extra perks such as bonuses) when other people with purely generous managers are promote (title/pay) with a yr or 2 tenure. Luck of the draw!

Advice to ManagementAdvice

Make sure HR works to ensure each person has a career path. Not everyone does. For someone who likes the culture of the bank, they may leave because of immobility.

Recommends
Neutral Outlook
Approves of CEO

Other reviews for M&T Bank

  1. 1 person found this helpful  

    Great people, not very great opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Analyst  in  Buffalo, NY (US)
    Current Employee - Project Analyst in Buffalo, NY (US)

    Pros

    Very stable work environment. They are an excellent company that will certainly be around a long time and only continue to grow. Good work recognition programs are pretty good. I loved working in downtown Buffalo. That probably sounds like a joke, but it was great during the summer to finish work on Thursdays and just walk over to LaFayette Sq (and more recently) to the harbor for the free concert series.

    Cons

    They're pretty cheap. They don't pay much and they definitely have some business structural issues to improve efficiency.

    Advice to ManagementAdvice

    Pay people more. Offer more career self-improvement and your employees will be worth more to you in the long run

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    problem with management.....TOO BAD!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Representative I  in  Philadelphia, PA (US)
    Current Employee - Customer Representative I in Philadelphia, PA (US)

    Pros

    Good vacation time based on tenure, but 6 months in you get 2 weeks.

    Cons

    Where do i start....

    1)They're cheap- I started out making about $11. Now I make $13 Not for a job well done, but because we merged with another bank who paid better.(they had to even out the salaries across the footprint) This has happened twice since 'Ive been there. The last time a raise was given in our office was a laughable quarter of a percent; which turned out to be about penny. There is always a reason your not getting a raise! So sad

    2)Management- If you have a problem with your manager, you can call human resources. But they wont show, instead you have a meeting with your boss and a higher up who basically suggests that you either deal with it or find another job(Also happened twice)

    3)Only concerned with their bottom line. Not concerned enough with employee morale. It affects the environment and the quality of the work

    Bottom Line- You CAN do better!

    Advice to ManagementAdvice

    Care a little more about who you put in charge of your people. Unhappy employees make for an unhappy bottom line

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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