Poor company for IT careers. - Lead Applications Systems Programmer KeyBank Employee Review

1.0
2 Oct 2008
Recommend
CEO approval
Business outlook

Pros

Excellent benefits. Key has a great 401k matching, a cash balance pension, good selection of health coverage (including High Deductable Health Plans for HSAs), and generous PTO allocation.

Cons

Far too management heavy, more managers than people doing work. Senior management is completely out of touch with the work and issues faced by the people on the bottom. Projects are slammed in without proper time, resources, architecture. Developers are burned out by the heroic development style. Everything is driven by unreasonable and arbitrary deadlines, and very little is ever done right, if that causes a project to not be finished on time. This has massive snowballing impacts to future projects, production support personel, and in the end, customers.

Explore other reviews about KeyBank

5.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Culture, opportunities, industry leading products and benefits

Cons

Internal politics and favoritism blocks talent

4.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Flexibility is what sells this place as a great place to work. Hybrid schedule, great PTO, no guilt trips for needing time off for family matters.

Cons

Your experience will vary greatly based on your manager. One asset manager can freely call in or wfh without worry where another AM may be reprimanded for the same. The insurance department is completely inept. Borrowers are constantly threatening to sue because our insurance dept management sucks. Very little training across most departments. Some people work very very hard, others dont work at all, there doesnt seem to be much oversight there. When a manager tells their employee "dont expect to get promoted next year" with no guidance or encouragement, you pretty much kill all motivation for that employee to do better. They will hire people as senior staff and pay them way more than their seasoned employees make, and then tell their seasoned employees not to expect a senior promotion.

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