MetLife reviews

...the Raleigh location is an afterthought in the grand scheme of things. Executives in New York are primarily concerned with cost savings through layoffs in the northeast and meeting hiring targets here in order to get tax breaks from North Carolina. There's a lot of talk about coming to Raleigh in order to change the culture and it's just that: talk. Or rather, PR, since it was conjured up by an external New York-based firm. The higher-ups seem to think that that building a new campus will somehow automatically make the culture great. Too bad those new buildings are going to be run by people who wouldn't know good culture if it bit them. No one's going to use the quiet zones or work outside when their manager is clocking how long they've been away from their desk and interrogates them about it once they return. Nearly all of the new senior executive team came from long careers in banking, which has a solid reputation for horrible culture. For the others, MetLife is the only company they've ever known. Most of the IT executives (VP and above) are staying in New York because no one has the backbone to make them relocate. How they think any of this translates into building the awesome techie environment they're selling here in Raleigh is beyond me. Speaking of technology, most of it is stuck in the '70s and '80s. If you love mainframe, Blackberry, and IE8, you'll be really happy here. Anything shiny and new is built by an external vendor, not by MetLife IT, which is pretty demoralizing for developers looking to be challenged. Innovation is centrally managed through a group in New York. I'll give you a second to let the irony fully sink in. There's an over-reliance on consultants and vendor management is a total train wreck. MetLife is completely beholden to big IT players, so you'll be told it's too risky when you suggest working with anyone remotely small(-ish) or less well-known. Processes are labyrinthine. If you can figure out how to do something without angering at least half a dozen people, you deserve a medal. Moving around is difficult; moving up is nearly impossible. Internals have to go through the same hiring process as externals, including behavioral interviewing. It can take well over six months to fill a position, even when a qualified internal candidate is in the pool. Ridiculous. Cronyism is rampant. Once you start to weave together everyone's past relationships, it will be glaringly apparent why certain people were hired. The backgrounds they care most about are consulting and graduating from Ivy League schools. If you just sold a multi-million dollar business or were a rockstar in another industry, it won't matter. You'll still be treated like you're stupid (and if you're lucky, someone from New York will be kind enough to tell you that to your face). Intimidation tactics abound. If someone higher up gets a whiff that you might be smarter than them, you'll be branded as insubordinate and threats of being fired will start. No one, especially the ivory tower in New York, wants you to question anything because that might alter the carefully crafted story being sold to the C-suite and Board of Directors. Politics, oh, the politics. There are competing cliques of old- and new-school executives. The few trying to force the culture change are way outnumbered. They also need to have a steel spine and borderline masochistic desire for punishment from on high. If you're lower on the totem pole, just keep your head down and try to avoid getting caught in the crossfire. It's essentially a war of attrition and the good ones will eventually get tired and move on to better jobs. If you've made it this far, you probably know what I'm going to say: don't come here unless you love the corporate life at its worst.

If I only knew now what I didn’t know then, I would have never taken a job at MetLife. The problem lies squarely at the top of the pyramid where an impenetrable ‘circle of trust’ is responsible for the (mis)management of the Global Technology organization. The regional hub in Cary is infested with corporate politics centered around mind-games, manipulation and constant pressure from the top. The unwritten criteria required to be a member of this inner circle is possessing at least two of the following: being formerly employed at the Royal Bank of Canada, or over 15 years of tenure at MetLife or being a male. Rather than focussing on compassionate and empathetic leadership, the priority for this ‘boy’s club’ is their egos, their paychecks, their corporate survival and protecting this aforementioned inner circle. Don’t just take my word for it, do your own homework. Look at the share price (MET) that has been languishing in the low to mid 40’s for the last several months. The share price is the lowest it’s been since 2011. You should understand the commitment made to Wall Street by Chairman and CEO Steve Kandarian in Q2, 2016 to take out ~$1 BLN in operational costs by end of 2019. You should realize there is a major gap between this cost reduction commitment and what has been delivered thus far. You should know that management is under a significant amount of pressure to close this gap and unfortunately the only way to close it will be an ongoing and continued reduction in force/layoffs. So why does MetLife continue to hire in Cary if layoffs are forthcoming? The corporation has no choice based on the commitment made to the state of North Carolina when establishing a regional hub in the state. MetLife is obliged to employ a specific number of employees in North Carolina in order to reap the benefits of a significant corporate tax break from the state. MetLife scrambled towards the end of 2017 to hit this this FTE target. This inevitably creates the revolving door that is MetLife in Cary today. Once new hires realize the culture they have stepped into, they make their way out the door shortly thereafter. MetLife has forced itself into a conundrum in North Carolina where they are desperate to take out costs, but want to continue to reap the tax benefits for employment targets. Don’t be fooled by the new buildings and campus…all that glitters is NOT gold.