Santander reviews

3.8

71% would recommend to a friend

(8,366 total reviews)
avatar

Héctor Grisi

87% approve of CEO

58% positive business outlook

Santander has an employee rating of 3.8 out of 5 stars, based on 8,366 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Santander employee rating is in line with the average (within 1 standard deviation) for employers within the Financeiro industry (3.7 stars).

Reviews by job title

8K reviews
4.0
Jan 13, 2014

Licensed Banker

Anonymous employee
Recommend
Business Outlook

Pros

Good work environment with excellent training and mentoring. Easy work schedule and a good place to learn client management skills in a multi faceted work environment

Cons

The commission on sales performed by an outside financial advisor were low. It was not always easy to meet with clients to discuss financial objectives as many clients do not visit the bank but instead do their banking online

3.0
Jan 9, 2014

Allegedly a meritocracy, really mediocrity

Anonymous employee
Recommend
Business Outlook

Pros

Santander has sincerely made the commitment to staying in the US, and is looking to grow after turning-around a dysfunctional entity in the US (fmr Sovereign Bank). Conservative staffing policy will prevent layoffs unless the US has a severe economic relapse.

Cons

Extremely conservative philosophy in regards to expenses unfortunately extends to employee compensation. You might say the turnaround from being insolvent to several quarters of growth was made "on the employees backs". Base compensation was frozen across-the-board for several years while benefits were substantially cut, to the point that they had to give some benefits back over the past couple of years, or there would have been a massive employee exodus. Their staffing model has been to heavily invest in young (read: cheap) talent through their their Santander Universities outreach initiative, and heavily in technology standardizing business processes. This way, when an employee leaves, they could just plug-in another fresh graduate. Anyone looking to rise through Santander US corporate ranks could expect to do so only in Boston.

Viewing 8236 - 8238 of 8,366 Reviews

Glassdoor has 24,658 Santander reviews submitted anonymously by Santander employees. Read employee reviews and ratings on Glassdoor to decide if Santander is right for you.