Working at a bank, a great job and potential career, or a big disappointment?
When scanning your town for a job or possible career, one that might look especially attractive is a bank job. What's not to like about the prospects of working in a bank? A calm, clean and professional atmosphere. No one ever raises their voice. No one seems to be rushed or stressed and even if they are the muffled environment of the bank seems to keep everything at a low volume.
The Reality of Working at a Bank
Constant Sales Pressure
Just how heavy is the behind-the-scenes pressure on the bank teller? The details vary from bank to bank and sometimes even in different branches, but the standard requirement for some of the larger ones is for each teller is to sell at least three new services every day day. That means that among those who come in and make a transaction at their window the teller must get at least three of them to agree to add on a new service, and consequently a new fee to their account. If a bank teller fails to meet the 3-a-day quota, he or she will be written up. If the teller is written up enough times during a quarter he or she will most likely be fired by the next quarter. To make matters worse, a bank employee fired for this reason won’t qualify for unemployment because according to the bank they failed to do what the job required.
Perhaps, you may think, this is just how a person pays their dues in the banking world, doing the grunt work as a teller until they can work their way up to better positions. Yes there are certainly better jobs to be had in a bank but each position still carries with it a tremendous pressure to sell services, and generally the stress of making sales quotas is greater the higher you climb the ladder. After all, once you’ve been promoted you’re going to be expected to prove yourself worthy of that promotion by selling an even higher level of services, as well as getting people to apply for loans and mortgages. Never mind the fact that so many who do apply for loans will go through days of hectic paperwork and phone calls only to be denied further down the line, the point is to get as many as possible to apply in order to meet a certain quote of sales. Furthermore, once you move higher up with a job at the bank, it will no longer be enough to simply suggest services to clients who enter, now you have to go out into the community and find ways to sell services and loans to people who are not even clients of the bank.
How about a Bank Job? It looks like a great job and for some people it undoubtedly is. Some banks in particular may be rather pleasant to look for. However, be warned, that for many, working at a bank ends up being a very short-lived job of incredible stress.