American Express reviews

4.1

81% would recommend to a friend

(18,632 total reviews)
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Stephen J Squeri

89% approve of CEO

79% positive business outlook

American Express has an employee rating of 4.1 out of 5 stars, based on 18,632 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The American Express 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

19K reviews
1.0
Sep 7, 2013
Recommend
CEO approval
Business Outlook

Pros

In "principle", the company cares about employees. The brand name also looks good on your resume.

Cons

"Suitable only for pregnant ladies and old women"- I read this in an earlier review. Could not have been more apt. Growth is deathly slow. You can never be promoted in your own role. You have to apply, interview everytime- almost like an outsider- for every promotion. If you do not make any noise about having done a great job, the company will not promote you for twenty years! There are ZERO documented goals for a lot of roles. All promotions and appraisals are thus based on face value and politics. The senior mgmt has their blinkers on, still believing it to be one of the best financial service brands in India while competition is eating their lunch left, right and centre. The organization wastes money on one hand and then resorts to hiring freezes to tide over plan shortages on the other. The myopia is all too obvious. The work life balance thing- the so called "Amex Culture" is a myth. You will end up working late or even on weekends- if you are lucky you will be able to work from home on weekends. If you are a passout from an ivy league campus, DO NOT JOIN. Your career will die a slow death here. The most irritating thing you will find esp if you are from an IIM or pedigreed institute is that most people in middle management are from third tier B-Schools (or worse graduates) and lack basic communication, time management and leadership skills.

2.0
Jul 19, 2013

Careful of the hype

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1) The payments business is fine people. The core business will continue to make a lot of money - for now. You'll be working for a stable business that is doing quite well. 2) Good work life balance in a more relaxed bank type atmosphere (still a bank though as you'll see below) means you'll see your spouse and kids and never get super stressed. 3) If you play the game and are a good worker - your loyalty is usually rewarded. You'll move up and while compensation is not stellar - a top performer will not have too much to complain about on the comp side.

Cons

Here's the thing. If you're interested in working at AMEX because of what you read or see in the press - take a closer look. This is a bank first and foremost. The cool stuff you see and hear about is about 1/1000000th of what really goes on and a cloud of PR fluff. If you accept that and are still interested that's fine and to be fair, the cons of what you'll find here are probably no different than any Bank job you'll see on Glassdoor: 1) Lack of risk taking. Senior management will always take the safer route or one backed up by overwhelming evidence. We're a BANK. With a lot of regulation and oversight. This usually means following the middle ground or being late entrants. You'll have good ideas. Your co-workers will have good ideas. If it's risky though and unless it comes straight from the top down - your idea is guaranteed to go no where beyond a deck. You could spend a whole 12 months writing a deck about stuff you'll never get out the door. It's amazing how the year-end cycle comes and goes and the only tangible output people have is a whole lot of documentation about what we would "like" to do. Crazy! 2) Overuse of the word Innovation. People love to throw around the word innovation. It's like people using the word API in their pitches but can't even explain what REST is. Innovation to your managers is different from what you think (or would like) innovation to be. Innovation is cost-efficiency, it's taking an existing process and fine-tuning it or a big biz dev partnership. It's not hacking away like a startup or being agile (don't get me started on agile). 3) CYA, CYA, CYA. There is a lot of covering going on. Due to the hypersensitive combination of bank, lack of risk taking and personal ambition - you get a lot of meetings and calls which really are for the purpose of individuals to cover their rear in case things go wrong down the line. This creates abysmal layers of bureaucracy. Next result: slow like molasses to get decisions and things done plus watered down outputs due to design by committee.

1.0
Jul 16, 2013

HORRIBLE

Recommend
CEO approval
Business Outlook

Pros

Great pay, great benefits, somewhat great hours

Cons

you sell your soul! You feel like a switchboard, you are required to be the same as any other person there as well. They pick who they want in management and shun you if you want to expand your career there

Viewing 349 - 351 of 18,632 Reviews

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