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There are newer employer reviews for First Busey
There are newer employer reviews for First Busey

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Helpful (1)

Growing too quickly for morale to keep up

  • Comp & Benefits
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Teller in Champaign, IL (US)
Former Employee - Teller in Champaign, IL (US)

I worked at First Busey

Doesn't Recommend
No opinion of CEO
Doesn't Recommend
No opinion of CEO

Pros

Because it is a fairly large bank, compared to most community banks, Busey can afford to compensate its employees better than many small banks. There are also very good benefits, from relatively inexpensive health and dental insurance, to an amazing 401K with 5% match, profit sharing, and stock sharing. Busey also has friendly, helpful senior leadership that make themselves available to all employees, from the managers to the tellers. They hire internally first, so if you want to move up in the company, you only have to be at your current job 6 months to be eligible for another job, and you'll often get it before someone not with the company.

Cons

One of the downsides to hiring internally is that people who are less qualified are often given jobs over non-Busey outsiders. This results in a lot of training, and times where people that are above you, and thus supposed to be guiding you, have no clue what they are doing. Busey also merged recently with Main Street Bank, and the company morale took a nosedive. Many people got fired to put someone with less or equivilent experience in their job, because the company could pay those people less money. Many, many people, including some who have been with the company for 40+ years were either forced into "retirement" or quit to go find jobs where they were treated better. As some people leave, new people are not hired, forcing current employees to take over their tasks with no increase in pay. Policies change daily, without much notice to employees, until they get in trouble for not doing their job correctly. Managers can be inflexible, including telling students to work their schedules around when they're needed to work at the bank. Busey has also, though paying fairly well, failed to keep up with the rising minimum wage in Illinois, so entry level personnel are compensated less than they should be.

Advice to Management

Raise salaries to go with the rise in minimum wage, recognize that part time employees are students first and employees second, and communicate more with everyone.

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  1. Busey Bank has been a great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at First Busey

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Busey leadership is strong, and they are always on the leading edge of new developments. The people that work there are great and there is always a positive atmosphere. Busey is involved in the various communities where their offices are located and many of their employees volunteer in community activities.

    Cons

    Supervisors are not always alert to underlying causes of job performance. I think this is true of many companies.

  2. Frustrating--Dead end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Busey

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    -Laid Back, carefree, nice people

    Cons

    -Poor development programs, pay varies, promotions are meaningless and depend on who your boss is

There are newer employer reviews for First Busey
There are newer employer reviews for First Busey

See Most Recent

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