Pros
There aren't really a lot of pros that come with working at IBC Bank. One of the few pros is that if someone is looking to get their foot in the door to the banking world, it's a good place to start. IBC Bank hires a lot of people with little to no banking experience as a teller or sales associate so it's a great place to get some experience. Other than that, if you're a college student they usually work with your schedule because many branches are open until 7 or 8 pm which allows someone to attend school and still work. Lastly, you get one full month of training as a teller or sales which makes you more knowledagble in your position, but also makes you more hirable at other banking institutions.
Cons
Oh where to begin...the biggest con is that IBC Bank does not pay very well at most levels of the bank. I couldn't tell you how many managers I know of that work a second job to make ends meet and as a manager of a bank, that's a disgrace to need to work two jobs. Due to this low pay, most lower employees who are not managers leave within six months to different institutions and to be honest, senior management doesn't care because there will always be people willing to work for the low wages they provide, and IBC knows this. Depending on which region you work, most tellers start out around 9 dollars an hour while sales around 8.75 and their reason for this is because of the "incentives" you can earn. While you can make a decent amount of money with incentives, it's extremely competitive and the incentives are not that much so you'd need to sell a lot to make ends meet. Another downside to IBC Bank is there is no real room for growth in most markets. Most people who are at a management position have been at IBC for a long time and will never leave their position which leaves no real room for anyone below them to move up. The only real way to move up, in most markets, is to know someone at a high level and for them to "help you out." When it comes to management though, again in most markets, there is no real leadership as most take the position for granted and don't really know a thing about how to effectively manage. In essence, employees are almost left to their own devices considering management isn't in the picture and serves no real purpose. You would that these ineffective managers would be reprimanded but you'd be wrong, nothing is ever done to those in a management position, especially if they have been working for the bank for a long time and when complaints are made, they are virtually ignored.