Addition Financial reviews

3.4

59% would recommend to a friend

(50 total reviews)

Kevin S. Miller

64% approve of CEO

45% positive business outlook

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50 reviews

Reviews about "Compensation"

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3.0
Mar 10, 2023
Recommend
CEO approval
Business Outlook

Pros

Addition is really focused around providing the best service to their members. They also provide good benefits such as 401k, sick time, PTO, and 2 days paid for you to volunteer with any organization of your liking.

Cons

Addition Financial does focus more so on the success of the business more than ensuring staff members are compensated for the actual work we're doing. An example of this is we're required to have our NMLS, Right to sell loan insurance, and extended warranty to not be given an annual bonus and be paid entry level salary. Addition has also made huge culture changes within the last year. These culture changes has led to a lot of staff feeling insecure in their position and unsure on what the future holds for us. The structure of this company falls solely on the executives. We're always left to find out about changes within the credit union after the decision was already decided which leaves the staff feeling excluded being that these decisions affects the frontline staff directly. For anyone looking to grow within this credit union will have to make a sacrifice of having to drive all the way to Lake Mary for any back office positions, and branch positions continue to be reduced due to shortage of members visiting the branches which then cuts opportunity in branches as well.

4.0
Mar 3, 2023
Recommend
CEO approval
Business Outlook

Pros

Time off, work life balance, concentrated work

Cons

Average pay, benefits could be more comprehensive

3.0
Feb 21, 2023

Lackluster experience

Recommend
CEO approval
Business Outlook

Pros

Quality health insurance Banking holidays off

Cons

Lack of competitive pay. Unprofessional conversations among management. Hours unnecessarily long- often expected to work 8 AM to 6 PM. Systems are extraordinarily outdated, specifically technical.

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Addition Financial Response
1y
Thanks for your review. Now is a great time to be a team member at Addition Financial. Especially regarding compensation. There is exciting news coming about the compensation framework announced last year at the company-wide Summit 2024. We think our team members will like what they learn about what they earn at Addition Financial. We would love to have you back!
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