one search. all jobs. Indeed
 
 
 
Find companies:
People's United Bank
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
38 reviews

People's United Bank Employer Reviews

Company Attributes

  • Compensation/Benefits
  • Management
  • Job Security/Advancement
  • Job Culture
  • Job Work/Life Balance
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Productive and enriching workload with great individuals
Portfolio Manager- Commercial Real Estate (Current Employee), Stamford, CT – May 21, 2013
Review several loans based on compliance metrics and create annual or quarterly reviews. Learned about banking procedures and real estate lending transactions. Co-workers are a fun and knowledgeable. Hardest part of the job is preparing loan documents for internal or external audit at a moments notice. The most enjoyable part is the management of a – more... variety of real estate transactions. – less
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Fast Paced Work Environment
Financial Service Manager, AVP (Current Employee), Connecticut – May 14, 2013
Everyday is filled with something new! No day is the same from the other.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Great place to learn about Financial Services
Financial Service Associate (Former Employee), Hamden, CT – May 9, 2013
PUB is one of the strongest banks in the northeast. It's people are very knowledgeable on the best practices of Banking.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Horrible place to work
Manager (Former Employee), Connecticut – April 25, 2013
Pros: customers
Cons: compensation, upper management, benefits
People's is an organization that could care less about most of their employees. Upper management only favors those who go above and beyond to get their sales goals, by the way they are unrealistic; even if that means you have to be unethical. The unethical ones are the ones that get praised, raises and are on the promotion platform. If you care about – more... your customers is not enough, you must be a SALES MACHINE. Upper management do not care about you or your family, nor work quality. You get paid to work 40hrs a week and they make you work 50+hrs a week, without paying you extra. This company is the worst place to work for. Then they wonder why they have so much turnover in branch manager and employees! In this place is who you know and not what type of employee you are. Good luck if you want to work here, unless you want to live a stressful life, where they treat you horrible and don't appreciate their employees! – less
Was this review helpful?  Yes (5) – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
I planned to retire from there
Customer Service (Former Employee), Dover, NH – April 5, 2013
Pros: loved the customers
Cons: they don't care - you are replaceable
You give them your life 10+ years great reviews have a couple of bad days and your gone - they don't care you are replaceable - oh make sure you cross sell
Was this review helpful?  Yes (1) – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
The # of job openings=turnover. Just look at how long some jobs have been posted (and # of times the same job has been posted)
Would rather not share. (Former Employee), Vermont – March 31, 2013
Pros: great co-workers, learning & development
Cons: laughable pay scale, everyone is replaceable=no job security, training offered, but it's a joke- you can never go because you are usually short staffed
Worked for them for quite some time. Horrible management- ridiculous pay.
I worked for a successful department. What I saw over the years- they truly do not care about their employees. Everyone is replaceable (even the HR manager would tell branch managers that.)
They burn people out- and do not care, because they can be replaced. It sounds cliché, – more... but I guarantee you can even ask current employees and they would tell you the same (but may not out of fear of HR.) Example: Wilmington FSM job. They've been posting that since last August! Cannot fill it- people know what People's is like to their employees. – less
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Decent place to work
Customer Service Associate and Banking Operations (Former Employee), Manhasset, NY – March 7, 2013
Pros: good stability/benefits
Cons: lack of oppertunities/pay rate/poor working enviroment
A typical day at work was providing our customers with excellent customer service and welcoming atmosphere. I've gained a great amount of experience working at People's United Bank, especially when it came to reaching our quarterly goals. The hardest part of the job was being able to convince our customers to invest money to our products that we offered, – more... such as: Money market accounts, Home equity line of credits, mortgages, Cd's and etc.
Most enjoyable part of the job, being able to meet different customers each and everyday, and having our district meetings with our co-workers. – less
Was this review helpful?  Yes (1) – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
great place to work
Senior Financial Customer Associate (Former Employee), Hicksville, NY – March 4, 2013
Pros: great benefits
Cons: long hours
My typical day at work start out by planing out , How I would achieve my goals for the quarter. Make calls to generate business, keep a book of business, prospect in the aisle. Do transactions thru the day and make sure that I was am giving the best customer service that I can. cross sell and always asking for referrals
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
A buyer beware situation
Lead Customer Service Associate/Senior Adjuster (Current Employee), Bridgeport, CT – February 25, 2013
Pros: friendly coworkers
Cons: little room for growth, poor management, decline in benefits package
What was once an enjoyable place to work all around has become a hit or miss experience. The management team you have at this company can make or break your career. Most managers in the retail side of banking are constantly pushing sales goals. Managers on the corporate side are stretching employees too thin and then giving repremands for simple human – more... mistakes. Employees are so busy that time to learn and grow within the company is nonexistent. The most enjoyable part of the job is the people you work with. Benefits are steadily declining. I recommend passing on making a career with this company. – less
Was this review helpful?  Yes (3) – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Friendly enviornment
Bank Temp (Current Employee), Keene, NH – February 22, 2013
A nice place to work. Co-workers are friendly. The job is a little repetitive.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Great place to work at.
Financial Service Associate (Current Employee), Norwalk, CT – February 19, 2013
Pros: good benefits and good work and personal life balance
It is a great place to learn, management is engage, co-workers are very cool to work with, the hardest part of the jobs is to maintain sales goals, and the most enjoyable part of the job is the interaction with customer and the learning.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Productive, busy
SR Financial Service Associate (Current Employee), Norwalk,CT – February 16, 2013
I love Working for Peoples United Bank, especially my branch, its busy I interact with a lot of customers that always results in cross-selling, sales, booking the sales (business), close the business. The most enjoyable part of my job is interacting with my customers, helping them and exceeds their expectations, I love my co-workers, we are a big family, – more... great team, we motivate each other for better results, and the hardest part for me will be when the branch is slow and not be able to achieve my daily goals. I have learned a lot throughout the years, I have been more motivated, more driven ambitious and more positive. – less
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Not the company you think they are, and not the job you think it is...
Customer Service Associate (Current Employee), Fairfield, CT – January 14, 2013
Pros: good co-workers, somewhat flexible schedule.
Cons: poor management, poor communication, sneaky, terrible pay.
I am a CSA and let me start off by saying that when you interview for this job they will explain (if at all) that this job has LIGHT sales. They do not mention anything about sales goals, sales meetings, sales activities, or anything like that. They are sneaky right off the bat. First, after you get hired, you have to attend orientation for about 1 – more... 1/2 weeks, give or take a few days. On the first day of orientation they make you watch this video filled with employee's stating what an "amazing" and "great" company People's United Bank is to work for. I would love to know where these employees are working, because it's no branch that I've been in. Anyways, so you go through your training and not once do they ever mention one word about sales or sales goals. After you complete training you then go to your branch that you were hired at and they give you about 1 or 2 days before you are by yourself. Still, nothing mentioned about sales goals. After about a month or so, you will get called into your manager or sales manager's office and then that's where the real fun begins. They will give you these goals that you absolutely need to meet. Which are checking accounts, business accounts, LTI (long-term investments), life insurance or business services. When I first got all of these goals thrown in my face I had no idea what to say, because personally, I can't stand sales and I said to myself "wow, if they would've just explained to me that I was basically hired to be a sales person I would've never taken the job". But of course they keep that from you in the hopes that they will be able to intimidate you into being a sales person. If customer's already have a checking account your manager will suggest for you to ask them to open up a 2nd checking account. why? why would you really need a 2nd checking account? oh yes! to meet our branch goals. not for the benefit of the customer (even though they will make up little dumb reasons to try and make you think you are helping the customer when you're really just making a sale). One quarter it was very slow so we did not meet our impossible sales goals, so our manager decided to give the branch a nice gift and wrote everybody up for not meeting our goals. How sad is that? This company will literally do anything they can to get one measly $25 checking account. They constantly say 'we need to pick up the pace." I mean, what? Pick up the pace? You can't force people to open up accounts. Then, depending on your branch, you will have meetings every single Monday to talk about sales. If you have not met your sales goals for the week they will most definitely call you out in front of all the other managers and all of the co-workers to embarrass you, and trust me, it's not a good feeling to be put on the spot and basically laughed at. At the end of the year, after you go through all of this hell, you end up "maybe" getting a $100 bonus. Is it really worth all of the stress and corporate immorality? No, it's not. The managers will ALWAYS find a way to blame the poor sales results on the employee no matter what. Aside from sales, there is a CSM (customer-service-manager) this person is usually in charge of several branches and decides how we treat the customers. Their newest rule is that we cannot say "NO PROBLEM" to the customer. Am I joking? No. Branches literally have over 7 signs all over the break-room and inside doors that say "NO PROBLEM" with an "X" through it. How degrading is that? It's childish and absurd. The managers are also notorious for only acting like managers when the "higher-ups" visit the branch. This company is really not what they seem, they will do anything possible to brainwash you into thinking that you are doing right by the customer, when in reality all they care about is meeting their goals, no matter what the cost is. They also claim that you can move up in this bank and that anything is possible, yeah that's true, if you have 45 years to waste to move up 3 positions. – less
Was this review helpful?  Yes (13) – No (1) – Comment

– January 26, 2013

I agree with you about companies only caring about their sales goals and not really caring about the customer's welfare...it is like that in many companies. My interview with Peoples' was absurd and it was obvious from the start that I was dealing with someone who knew, or did not want to reveal, anything about the job. Huge waste of my time...

Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
I think it depends on the branch and managers
Senior Customer Service Associate (Former Employee), Westport, CT – December 31, 2012
Pros: anything better than nothing
Cons: poor management and hr. low pay. tuition is after one year of working, its about one class expense for the whole year, and they include it in your income so you will be taxed on it.
typical day at work: Managers attitude and deal with their mood at that day. I have learned good things but you reach a point that they dont allow you more.Poor management. HR against you, so dont ever call them. Co workers are nice, but managers put every worker to watch the other one in return they promise for promotion which they will never get.
Was this review helpful?  Yes (1) – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
It's a job
Manager ACH & WireTransfer Operations (Current Employee), Bridgeport, CT – December 6, 2012
Pros: nice people
Cons: benefits get worse every year, bonuses are very small
It is a good job and you work with good people. My typical day is spend working on various projects to become more competative in the payment industry as well as dealing with various internal and external auditors as these two departments are very heavily regulated.
Hardest part of the job is trying to move the business forward with having outsourced – more... the core systems. We end up having to create numerous work-arounds to get the job done which is frustrating when trying to eliminate inefficiencies.
Most enjoyable part of the job are the people you work with. – less
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Professional, comfortable, productive environment
Database Manager/Developer (Former Employee), Bridgeport, CT – December 1, 2012
Professional, comfortable, productive environment, I enjoyed working there, people are very friendly, helpful and professional.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
great place to work,friendly,fast pace
CUSTOMER SERVICE CALL CENTER REP (Former Employee), bridgeport,ct – November 15, 2012
Pros: all around grear
Cons: temp postition
fast pace customer service handleing customer accounts,problem solving
Was this review helpful?  Yes – No (1) – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Great company to work for
Lead customer service associate (Former Employee), Bridgeport, CT – September 24, 2012
Pros: longevity
Cons: long hrs.short or no breaks and shorted lunches on late days.
very busy branches.
inhanced my customer service skills
The management team were helpful
Got along very well with my coworkers even when I transferred to different offices.
dealing with difficult and problem customers.
Learning differents computer skills and mastering them.
Was this review helpful?  Yes – No – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
It was my home for 17 plus years..
Senior Financial Service Associate (Former Employee), Torrington, CT – September 18, 2012
Pros: took care of employees, overall great place to work.
Cons: that my location closed.
My time at People's was cut short, our location closed. Throughout my time at the bank I had great interaction with customers, co-workers etc. I learned all the basics of everday banking, on-line, phone, BSA, all required bank regulations.

My co-workers were my family. I saw them more than my children. I was very fortunate to have great managers during – more... my time at People's. Went above and beyond to further me in my banking career.

I can't say there was a hard part, not with the job but with myself. I guess it would be that I would over think it. Knew the answer but would second guess myself. A lesson that I learned was put yourself out there, only I can determine what path I will take. Sometimes you hit a dead end, but learning how to get back is the real lesson. One manager I had taught me a great way to think of my job. " You don't have to go to work" "You get to go to work". I guess I never realized how great my job was till it was gone.

The customers by far was the most enjoyable part of my day. I would look forward to seeing our regulars as I sort of grew up with them. I was with People's from 1994 to 2012, it was home to me. – less
Was this review helpful?  Yes (1) – No (1) – Comment
Compensation/Benefits
Management
Job Security/Advancement
Job Culture
Job Work/Life Balance
Poor senior management - Shareholders are bank's main concern- not employees or customers
Retail Banker (Former Employee), Vermont – September 12, 2012
Pros: training, great co- wogranted good resume builder
Cons: low pay, bad communication, employees taken for granted, 401k and other benefits mediocre at best
Great training opportunities but limited advancement opportunities. Branches are always short staffed which puts pressure on other staff.
Unrealistic expectations with too many duties with limited time; taking time and focus away from the most important thing= excellent customer service.
Senior mgmt. doesn't provide support and Human Resources is quite – more... frankly; unsupportive and cold.
Morale is very, very low in branches. There is a major lack of communication
Lots of turnover
Pay scale is quite low
Sad, because they have the best employees! – less
Was this review helpful?  Yes (6) – No – Comment
Review this company

About People's United Bank

People's United Financial is the holding company for People's United Bank (formerly People's Bank), which was founded in 1842. – Read more