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Working At Ally Financial

Zippia Score 4.9

Ally Financial overview

Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan.
The staff at Ally Financial come from unusually diverse demographic backgrounds. The company is 48.7% female and 40.0% ethnic minorities. Ally Financial employees are more likely to be members of the Republican Party than the Democratic Party, with 54.8% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Ally Financial is relatively high. Employees at Ally Financial stay with the company for an average of 2.8 years before leaving. The average employee at Ally Financial makes $72,836 per year. Pay at Ally Financial is significantly lower than some of its highest paying competitors, like Prudential Financial, Union Bank, and State Street, which pay $97,115, $93,134, and $84,461, respectively.
A large finance company with 8,200 employees and an annual revenue of $5.8B, Ally Financial is headquartered in Michigan.

The Organization’s Mission

To talk straight, do right, and be obviously better.

Industry

Financial Services

Revenue

$5.8B

Employees

8,200

Founded in

1919

Headquarters

Detroit, MI

Website

ally.com

Website

ally.com

Organization Type

Public

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The team at Ally Financial

Key People
  • Jeffrey Brown (ceo)
  • Franklin Hobbs (Chairman)
  • Jennifer Laclair (CFO)

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Ally Financial Rankings

Ally Financial is ranked #31 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Ally Financial Salaries

How much does Ally Financial pay?
The national average salary for an Ally Financial employee in the United States is $68,701 per year. Employees in the top 10 percent can make over $129,000 per year, while employees at the bottom 10 percent earn less than $36,000 per year.
9.5
Salary Score
Average Employee Earnings

Ally Financial Salaries By Job Title

The average employee at Ally Financial earns a yearly salary of $68,701 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Ally Financial are Finance Director, Senior Java Developer, Lead Technician, and Underwriter. A typical Finance Director salary at Ally Financial is $134,825 per year. To get a better sense of the salaries at Ally Financial, other roles such as Call Center Supervisor and Collector can be considered as well. For comparison, the title Call Center Supervisor at Ally Financial earns $29,389 per year.
RankTitleAverage
1
Finance Director
$134,825
2
Senior Java Developer
$127,065
3
Lead Technician
$125,495
4
Underwriter
$113,426
5
Senior Finance Analyst
$113,393

Ally Financial careers

On average, employees at Ally Financial stay with the company for 2.8 years. Employees most commonly join Ally Financial after leaving Bank of America. When they leave Ally Financial, they most frequently get their next job at Bank of America.

Average Length of Employment
KeyBank4.0 years

Ally Financial

2.8 years
Top Employers Before Ally Financial
Citi7.5 %
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Top Employers After Ally Financial
Citi7.5 %
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Ally Financial Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1919

Organization type

Public

Ally Financial Financing Rounds

DateAmount
Apr 11, 2012Equity
$500,000
Aug 31, 2009Equity
$1,000,000

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Ally Financial Subsidiaries

Subsidiaries to Ally Financial include Semperian and UNIVERSAL WARRANTY. Employees at the parent company, Ally Financial, earn $72,836. In comparison, the salaries at Semperian and UNIVERSAL WARRANTY are $53,656 and $46,668.

Ally Financial Competitors

Competitors of Ally Financial include Prudential Financial, Union Bank, and State Street Corporation. Employees at Prudential Financial earn more than most of the competition, with an average yearly salary of $90,027. The employees at Union Bank earn an average yearly salary of $87,690 per year, and the salaries at State Street Corporation average $84,709 per year.

Frequently Asked Questions about Ally Financial

When was Ally Financial founded?

Ally Financial was founded in 1919.

How many Employees does Ally Financial have?

Ally Financial has 8,200 employees.

How much money does Ally Financial make?

Ally Financial generates $5.8B in revenue.

What industry is Ally Financial in?

Ally Financial is in the financial services industry.

What is Ally Financial's mission?

Ally Financial's mission statement is "To talk straight, do right, and be obviously better."

What type of company is Ally Financial?

Ally Financial is a public company.

Who are Ally Financial's competitors?

Ally Financial competitors include KeyBank, Fifth Third Bank, The PNC Financial Services Group, U.S. Bank, Union Bank, USAA, Discover Financial Services, The Hartford, Citi, Federal Home Loan Mortgage, Synchrony Financial, The Bank of New York Mellon, JPMorgan Chase, State Street, Capital One, Western Union, Citizens Financial Group, Ameriprise Financial, Bank of America, Raymond James.

Who works at Ally Financial?

Jeffrey Brown (ceo)

Franklin Hobbs (Chairman)

Jennifer Laclair (CFO)

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You can find out what it is like to work at Ally Financial, also known as Ally Financial Inc., Ally Financial, ALLY FINANCIAL INC and Ally Financial Inc.

Zippia gives an in-depth look into the details of Ally Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ally Financial. The employee data is based on information from people who have self-reported their past or current employments at Ally Financial. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Ally Financial and its employees or that of Zippia.