BECU Reviews

3.0

42% would recommend to a friend

(697 total reviews)
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Beverly Anderson

51% approve of CEO

38% positive business outlook

BECU has an employee rating of 3.0 out of 5 stars, based on 697 company reviews on Glassdoor which indicates that most employees have an average working experience there. The BECU employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

697 reviews
5.0
18 Mar 2021

Great

Recommend
CEO approval
Business outlook

Pros

Great company to work in

Cons

Better pay at this company

3.0
24 Sept 2021

Layoffs unexpected

Recommend
CEO approval
Business outlook

Pros

I still recommend working at BECU for most people. Culture and inclusion of all people. Good benefits.

Cons

The recent restructuring in IT has been in progress for the past year, yet it was executed poorly. No one was expecting a 20% staff layoff. They restructured payscales and bonus rates down as a way to trigger severance offers. Very few non-managers kept the same levels. Poor performing staff were kept over high performing because the high performers took severance offers. They were ready for a change. IT was over due for a RIF of low performers due to the huge growth over past four years. But result was the wrong set of staff. They claim to not be outsourcing staff but that is just semantics. There will be an effort to move to managed service vendors which still takes the staff roles away. Some have already been replaced with support overseas. We were given mixed messaging from all leadership levels and even clearly blatant lies. This was all justified by new or redefined job titles as a skills assessment for those capable of the new skills. No effort was given for staff to apply for new positions and show thier skills fit. No evidence an actual skills assessment happened.

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BECU Response
4y
We communicated the recent changes to the BECU Tech division to all employees through conversations at the individual, division and organization level, among other channels, and also provided the opportunity for employees to ask questions of our leaders. These were difficult decisions, but made after a thorough and extensive process. The reorganization is a critical and necessary step for BECU as we strive to meet the ever-evolving needs of our members and the credit union. As we’ve shared with employees, there is no plan to outsource roles as part of the reorganization. We remain committed to continuing to recruit and develop a diverse workforce across BECU, and the reorganization provides even more opportunity for growth and development for our current Tech team. Our goal has been, and continues to be, to treat all employees with respect and dignity. We are grateful for your service to BECU and our members.
1.0
8 Aug 2022
Recommend
CEO approval
Business outlook

Pros

Good vacation and health benefits

Cons

BECU is having an identity crises currently they are not sure if they want to continuing being a local credit union, regional credit union, multi-state federal credit union, or even covert to a commercial bank. They are having an identity crises along the political area was well. They have decided to serve the social justice political line. They have turned into a jobs programs for people with certain attributes and political bent, but not actually hiring folks who are actually qualified for the specific positions. As a result the service to the Member is suffering. This has caused organizational instability at all levels in BECU. Incompetent Executive Management is at the root of BECUs issues at all level. Most if not all of BECUs Executive Management come from for profit banks. Credit Unions are a unique origination designed to be non-profit and service Members. If you are looking for a job at BECU look elsewhere until BECU is able to iron out their Executive Management issues.

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Glassdoor has 745 BECU reviews submitted anonymously by BECU employees. Read employee reviews and ratings on Glassdoor to decide if BECU is right for you.