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 for 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

791 Other Employee Reviews for SunTrust (View Most Recent)

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  1.  

    Commercial Banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Commercial Relationship Manager
    Former Employee - Commercial Relationship Manager

    I worked at SunTrust full-time for more than 3 years

    Pros

    Treasury suite, diversity and legacy in the market. The best and most secure opportunities will be in Richmond or Atlanta, where personal relationships and greater depth of opportunities will continue to centralize.

    Cons

    Career development/support, withdrawals from local markets and silo LOB's.

    Advice to ManagementAdvice

    Focus on relationship banking at the client and banker level in place of frequently changing spreadsheets and buckets. Also, there is too much unnecessary drama.

    Neutral Outlook
    Disapproves of CEO
  2. 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 for more than a 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
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