Flagstar Bank - Horrible management from the bottom to the top | Glassdoor.co.in
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Helpful (1)

"Horrible management from the bottom to the top"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Commercial Lender in Troy, MI (US)
Former Employee - Commercial Lender in Troy, MI (US)
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Flagstar Bank full-time (More than 3 years)

Pros

Can't think of any real positives. Maybe that there is a half decent cafe on site but its too expensive.

Cons

professionals have to punch in and out like factory workers. Timecard is watched like a hawk
seems like everyone is unhappy. Its a very depressing environment

Advice to Management

Support your staff, get rid of useless middle management that don't know what they are doing.

Other Employee Reviews for Flagstar Bank

  1. "Ok employer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Troy, MI (US)
    Current Employee - Customer Service Representative in Troy, MI (US)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Flagstar Bank full-time (More than a year)

    Pros

    Decent pay and benefits. Interest-bearing employee checking account. Great people!

    Cons

    Little room for upward mobility. I worked for 2.5 years, was always praised as being the best customer service representative and always chosen to accept additional responsibility, yet when the opportunity for promotions came up, someone with less experience and education was always selected.

    Advice to Management

    Create more opportunities for upward mobility. Realize that you have a wealth of knowledge and talent in-house.


  2. Helpful (1)

    "Michigan owned and operated!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loss Mitigation in Troy, MI (US)
    Former Employee - Loss Mitigation in Troy, MI (US)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Flagstar Bank full-time (More than a year)

    Pros

    Actually a good company overall. Michigan based company ran and operated by people who actually live in Michigan. I was promoted twice in two years. The opportunity for growth was present, there were always employees transfering departments. Great cafeteria with staff chefs and cooks, flat screen tv's, barbeque cookouts in the summer. Overtime. Really a lot of nice perks.

    Cons

    While the opportunity for growth was there....the pay for performance was severely lacking. While I was promoted twice in a short period of time, I was kept at the same pay grade. Most people within the company were unhappy with their job. Upper Management puts unnecessary pressure on its lower management and that just trickles down to the common employees. Smoke breaks given to people to smoke, but if you do not smoke, do not expect a break other than your lunch. If you called in sick, your manager would call you back and ask what was wrong, why you were taking the day off. Very little respect for work/life balance.

    Advice to Management

    Actually listen to the empolyees, if you give them more freedom, they will perform better.


There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

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