Piermont Bank Reviews

3.1

55% would recommend to a friend

(32 total reviews)

52% positive business outlook

Piermont Bank has an employee rating of 3.1 out of 5 stars, based on 32 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Reviews by job title

32 reviews
5.0
9 June 2022

Good

Recommend
CEO approval
Business outlook

Pros

I did enjoy working in Piermont

Cons

the work load was too heavy

1.0
8 Nov 2023

Toxic Management

Recommend
CEO approval
Business outlook

Pros

Really nice office location. Great views over bryant park

Cons

Working at Piermont Bank was challenging due to ongoing issues that affected employee satisfaction. The high turnover rate, inconsistent management practices, unprofessional behavior, and micromanagement created a difficult work environment. The company's high turnover rate resulted in instability and hindered team cohesion. Inconsistent management practices, particularly in policies such as remote work and vacation allowances, caused confusion and unequal treatment among employees. Unprofessional behavior, including gossiping and discussing employees behind their backs, damaged trust and morale. Micromanagement stifled autonomy and hindered progress.

avatar
Piermont Bank Response
2y
Thank you for taking the time to write about your time at Piermont Bank. I'm sorry to hear that you're not enjoying your time as an employee of Piermont Bank. As a current employee, you have direct access to the HR team and Exec Team to voice your concerns if you'd truly like them to be remedied and I urge you to do so. The FinTech Team that you note being a part of has not had a lot of turnover at all, we've added two remote team members this year and all other members have been with us for at least a year with one recently hitting the two year anniversary. The remote work policy, allows for all employees to work remotely on Thursday and Friday unless there is a business need that requires you to be onsite. The vacation allowances is a standard program and is outlined the the Employee Handbook and PTO policy, if you believe you have less PTO than you should please speak to your Manager or HR. In regard to the unprofessional behavior, I can't speak to that as I do not know who or what specifically you're referring to. Always happy to listen to our Employees but they do have to speak up to be heard.
1.0
16 May 2023

Toxic to the core

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Bryant Park is a great location

Cons

-Extreme toxicity -Significant turnover -Favoritism -You will be pitted against your coworkers -You will work weekends -Broken promises -Bad benefits -Retaliation -You will be gaslit, routinely -Yearly compensation increase is consistently under inflation for most employees -1/4 of the bank does the majority of work -CEO speaks poorly about own staff

Viewing 1 - 3 of 32 Reviews

Glassdoor has 34 Piermont Bank reviews submitted anonymously by Piermont Bank employees. Read employee reviews and ratings on Glassdoor to decide if Piermont Bank is right for you.