Synchrony FAQ

All answers shown come directly from Synchrony Reviews and are not edited or altered.

36 English questions out of 36

17 December 2018

What is health insurance like at Synchrony?

Pros

Benefits - great health insurance options, 40(1)K, tuition reimbursement, set schedule. Entry level jobs are getting a big raise if you are thinking of joining at a level 4 or 5 role. management is decent they care but a lot of red tape to do things that make a change to to bigger issues. Regulatory requirements usually make it easier to know what the jobs is you are doing and why there's not a lot of variation - this means its rather easy to be successful in your role

Cons

compensation structures are being created to build talent and not retain what is there. With the new structure people who have spend years with the company are making similar wages to any one off the street. There is some room to grow but not to build a career. Even with a degree and taking leadership course, the ability to create a career doesn't seem feasible Escalating issues rarely seems like it does anything. There's a lot of negativity and drama among co-workers and its hard to feel happy in the workplace lately. Doesn't feel like our feedback means anything especially when we have the GPTW surveys and things are not getting better, if anything worse.

Advice to Management

invest more in the entry level-exempt roles. The focus of AVP+ jobs means current employees are left stuck in a job or thinking about leaving the company so they can grow. Think about offering a better compensation then the 50 cent increases per level for the non-exempts. Especially when in the past there were dollars difference in levels to encourage internal growth. The biggest takeaway is that you have deemed 11+ years of service to be worth 8 cents more an hour compared to someone who has been with the company 5 years.

Benefits - great health insurance options, 40(1)K, tuition reimbursement, set schedule.

17 December 2018

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3 October 2018

Does Synchrony offer sponsored degrees?

Pros

Culture, great diversity networks, transparency with upper management, also benefits are great. Full healthcare, spending account, tuition reimbursement, parental leave and PTO.

Cons

Lack of upward mobility, stifles talent, can get stuck same position, base pay is not competitive, available schedules

Advice to Management

Increase base pay, and rewards your top performers with promotions

Full healthcare, spending account, tuition reimbursement, parental leave and PTO.

3 October 2018

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8 December 2019

Does Synchrony give time off to volunteer?

Pros

Great Benefits Sick time Paid volunteer work

Cons

Extremely Busy workdays Relatively Low Pay

Paid volunteer work

8 December 2019

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31 October 2019

Does Synchrony offer housing assistance?

Pros

Good culture, super nice housing, and fun company outings. Pay is 23/hr for the internship (tech track gets a little more), pay for full time is 62,500/yr unless you're in the finance (67k) or tech track (70k).

Cons

Some interns get a lot of engaging work, some can just end up doing busy work / data entry for the summer. The whole decision of whether or not you get a return offer is made by your AL.

Advice to Management

Treat interns equally!

Good culture, super nice housing, and fun company outings.

31 October 2019

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12 July 2019

Does Synchrony offer healthcare cash plans?

Pros

Health benefits and HSA was great

Cons

None, the managers & HR were always looking out for their employees.

Advice to Management

Continue being human and considerate

Health benefits and HSA was great

12 July 2019

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36 English questions out of 36