Vantaggi
Salary overall is good and on par with similar roles in the industry. The benefits are decent, yes they could always be better, but again they are likely on par with the direction others have gone. The bank is an ethical company to work for; even with the cons I list, I have never been asked to do anything not above board. I appreciate this a lot about working for U.S. Bank and it's one of the reasons I stay here. I appreciate the leadership that Greg C. and his team bring regarding DEI. This initiative should be important to all; it's the right thing to do.
Svantaggi
CEO received a huge pay bump in 2024 but most of us were told we didn't meet our goals. As a result, our yearly merit increase is less than half that of inflation, and bonuses were reduced. I think Andy is a great CEO but I'm curious how we cannot meet our goals but Andy still gets his raise. Leadership often appears to make decisions without knowing the whole story. Communication is also very poor and tone-deaf at times. Leaders give off this ivory tower vibe anytime people complain about RTO. They openly ignore how the financial impact on us, is much greater than on them. Due to their high salaries; parking and gas prices being way up don't have the same impact on their bottom line. Leaders often spend money on lunches, breakfasts, shoes, travel to India and so there is little budget left at the team/group level. This kills morale for those, especially people driving into offices. The bank has done a very poor job with RTO, the spaces are not inviting, leaders and managers often are not there (still living in a remote city) and the general response is "Deal with it, this is how it was before". Again very tone-deaf of leaders to talk this way. Even with these Cons, I do like working for the bank, thanks to my amazing coworkers and in my case my manager.