I think I may have work PTSD from my time with Ally… my partner encouraged me to look for about two years while he fielded my late nights, early mornings, constant emotional breakdowns, and rants about toxic coworkers. My new company is completely different and it feels like I’m waiting for the other shoe to drop. People are respectful and expect the same in return, and I have a group of work friends — mostly ex-Ally employees — who are much better off post switch.
Like another post echoing similar sentiments, Ally’s constant promotion of its own advancements in tech (a generative AI model, groundbreaking) while its systems and technology for customers and employees alike are borderline archaic confuse everyone what the bottom line is. Is Ally a cutting edge online bank that can find money for $7M sign-on bonuses, basketball teams, and a $250M building that sits half empty? Or is it a relatively small bank whose majority customer base are customers solely because of auto loans? If a bank cannot even support a credit card or lending business, and interest rates are no longer the best in the biz, what is the long term vision?
YoY, the online bank hasn’t been able to fully fund all bonuses or pay level 1 & 2 employees in departments that serve to protect from regulatory scrutiny more than $60K while expecting commutes 3x weekly.
Lastly, since Ally is big on the performance of diversity and an inclusive culture. Once you leave Ally, you find that any other large corporation doesn’t need a Chief Diversity Officer for showmanship because they have a culture of inclusion woven into the fabric of their ethos. Portraying Ally as progressive falls flat when there’s a history of proven discriminatory practices.
As for advice on leaving: being miserable will affect all other areas of your life and health. I know the job market is tough out there, but apply to any and all jobs you think your skills may translate well. Look at banks and non-banks. Work on your resume, find templates online. Reignite your online presence with LinkedIn. If you land an interview, remember to interview them back. Read their relevant policies you can find online and show them you’ve done your research. Market yourself so well that you’d hire you. Go on and get after it!