Conservative Culture / Evolving Leadership
Professional (Current Employee) – Michigan – November 20, 2018
Comerica top leadership are well paid, yet unfortunately under estimated the need to stay technically competitive and innovative - the company is urgently and aggressively taking steps to catch-up with its peer banks, yet this 'sprint' to catch up is having a negative human impact. Benefits are very good (health, dental, 401k, vacation, etc.), and people tend to be very friendly. The culture is conservative (somewhat old-fashioned) and is beginning to catch up with modern-time worker expectations. ...a common theme is the need to catch-up, which top-leadership are responsible for letting get behind. The opportunity for advancement and growth is average, being dependent upon turn-over, a persons career aspirations, the ability to bring value, and just being able to survive recent lay-offs. Overall, as an employee, I would give Comerica a score of 3.5 (5 being the best). Expecting the company is not absorbed by a M&A, and the economy stays strong, this should be a very good company to work for past 2019.
Friendly atmosphere; Benefits
Lagging culture; Inadequate technology capabilities