Indeed Featured review The most useful review selected by Indeed. High pressure on sales, not enough staffing, they expect you to do everything. Systems are not upto date and slow.
Too much time wasted on meetings. Was this review helpful? Report Share. Loved working for the previous bank before it was bought out. They don't set you up for success, training is mediocre. Pros None. Salary, benifits , life balance, no leadership. My coworkers were amazing and fun.
Employee Stock Options
My manager always was willing to help me and she almost always had a smile and a sense of humor. When I left it broke my heart, as I only did it for financial reasons. If I could have gotten more hours or pay increase I would have stayed.
Pros Coworkers, job security, positive environment. This company seems decent on first glance but having worked here almost two years it has been an unpleasant experience to say the least. They push a narrative about caring but the compensation and their actions prove otherwise. Their healthcare is horrendous, their pay and raises are minimal I will be going on 15 months without a raise. Additionally, they say they are focused on a great customer experience then do not want to allow the time that it takes to provide a great experience or truly reward employees that repeatedly get praise from customers.
They've demonstrated to me they do not care about helping their customers or their employees. The hardest part of the job is meeting arbitrary metrics that have clearly been set up by someone who has never had to actually help a customer. Metrics are a common and useful tool for benchmarking your business but they are a detriment when there is no rhyme or reason to them. Their technology is the bare minimum and likely costs them a fortune due to how much lost time it causes; the loss in time is usually blamed on the employees.
Great, stable company However, it is a slow moving environment and the corporate ladder climb is far too long. Pay is meh, benefits are pretty good. Share your experience Let job seekers know what it's like to work at your company. Company has room for advancement, and a good PTO policy, but poor hourly pay that is not competitive compared to other banks.
Incentive plan is okay but not great. They like to give you more responsibility but does not compensate for it. Expected over amount for low pay with bonus put you at middle of road pay. Little to no advancement and felling like you could get fired tomorrow even thought you are top 5 salesman in the company. Hard way to work. Pros Bonus and help by bonus.
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Hugh expectations. Best career move I made! I love the department I work within, it is interesting and fast-paced, and no 2 days are the same. I am part of a fantastic team, my manager and team lead are amazing, motivating and positive, and everyone on the team is wonderful, helpful, and team oriented. We truly all work together to get the job done.
Pros Great benefits , fantastic work atmosphere. None I can think of. Depending what you do your job can be very boring with little room for growth except for small incremental raises.
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I'd recommend coming in at a salary you are happy with because you won't get a massive raise even if you are universally liked and respected. Poor work environment. Toxic employees. Managment shows favoritism. No room for advancement. You will not get paid what you are worth. Raises are like 10 cent annually. They work you like a dog, 9 to 12 hrs a day with a 45 mins break.
Will never recommend employment. Pros Good benefits if you make enough money to contribute. Senior Service Associate. Chief of Staff. Lockbox Processor, 3rd Shift. Multimedia Producer. If you want to work at a low-pay, low-reward bank, then this might be the job for you. You will never be noticed for doing a good job, yet every minor mistake will be met with major scrutiny.
There is a strong feeling of superiority from those in management positions and above and it is not uncommon to view them offloading their work onto another or leaving a busy situation to escape to the nearby Tim Horton's. The insurance is absolutely abysmal, with deductibles so high that you would never guess that it was peddled by a bank with such a high amount of confidence in itself. To top this all off, if you are not liked, you will be singled out.
It is clear who they would rather not keep around, and they are not conservative when it comes to getting rid of employees. Consider this a warning.
Stay away. If you want to get into banking, there are other banks in the area that will pay you more and likely treat you better. Pros Decent vacation time. Pay, benefits , treatment of employees, incompetence from upper management, gossipy culture, apathetic leadership. A typical day in the telelphone retail department is when clocking it and answering inbound phone calls and assisting customers with their bank accounts.
The job can be super stressful due to customer's not satisfied with all your efforts, and management pretty much telling you to not take it personal and move on. Also, the job has a HIGH turnover in the retail department, meaning they are hiring all the time which is something to really think about before applying. So honestly, you'd have to work like a robot with "fake empathy" to succeed.
Historical Prices
Unfortunately due to covid, we had shift bids so your shift will change every three months and it's not guaranteed that you'll get the shift you want because branch employees transfer to the call center and get first priority. You do have options to move from one department to another, but need one year to apply for back office. Pros Nice co-workers, nice lunch options, good first job option, flexible hours.
High deductible for benefits , work every other weekend, no guranteed hours for shift you want in shift bid, irate customers will make job super stressfull. Each department is like its own separate company.
M&T Bank Corporation (NYSE:MTB) - Earnings Preview: M&T Bank | Benzinga
Only downside is there are a lot of bad managers and if you get stuck with one, good luck getting out. Pros Good amount of PTO. Bad management, health insurance. Find Your Routing Number. Report a Stolen Debit or Credit Card. Make an Appointment. Multicultural Banking. Use our online help center so you can find your answers and get back to what matters most to you. Are you interested in exercising your employee stock options? If you would like to exercise your options without using any out-of-pocket funds, consider one of the following:.
The option exercise and subsequent sale of stock are virtually simultaneous transactions. The net proceeds available are calculated by subtracting the exercise cost, the commission cost and any applicable taxes from the proceeds of the sale of stock. This cashless method allows you to sell only enough shares of the stock from the option exercise to cover the total exercise costs, commission and applicable taxes. The remaining shares are retained in your brokerage account. This method requires you to be approved for margin trading.
As long as the exercise meets our clearing firm's margin requirements, the margin loan covers the total cost of the exercise and applicable taxes. The debit balance created by the margin loan is subject to monthly margin interest. The shares are retained in your brokerage account. You pay the total cost of the exercise plus applicable taxes. Shares are then retained in your brokerage account. Use pre-owned shares of the stock you are exercising to pay for all or part of the purchase price plus any applicable taxes.
Please note that this method is subject to specified guidelines established by the issuer. Employee stock options can be complicated, and the tax implications of exercising them can be significant.