CBE Companies reviews

3.7

66% would recommend to a friend

(227 total reviews)

Thomas R Penaluna

83% approve of CEO

70% positive business outlook

CBE Companies has an employee rating of 3.7 out of 5 stars, based on 227 company reviews on Glassdoor which indicates that most employees have a good working experience there. The CBE Companies employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

227 reviews
1.0
Oct 5, 2015
Recommend
CEO approval
Business Outlook

Pros

Nice office in Cedar Falls, decent people at first, okay portfolios of collections work, nothing super about this company or group of companies

Cons

Unstable environment with Benson at the helm. No wonder Penaluna hasn't given him CEO spot. Rampant office closures (Des Moines, Atlanta) & poor investment decisions (opening Philippines, New Braunfels, TX). Other businesses (Locate Smarter) have been disaster - are get actually locating any revenue & earnings with this? They think low margin BPO work in highly competitive & commoditized business will grow the bus. This company is a call center commodity with no real competitive advantage. They talk about "culture" but don't tell you it is toxic and divisive. Benson is the office bully, engaging in cronyism and "old boys" network. High level departures create environment of "go along or be managed out". No real independent thought at senior level. It's "group think" for survival. Fired 2 VPs of Gov't Svcs, Fired/Demoted 2 VPs of Fin Svcs, lost/fired MVP after promotion, promoted then demoted VP HVC, refuse to promote female VP of Healthcare, lost VP - IT left after years. SVP -Sales fired after years. Yet all the while Benson's buddies keep joining co. One has to wonder how long Benson can continue to blame others for failed strategy & inability to deliver.

1.0
Sep 6, 2015

Fraud

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some management is awesome. I like being able to take my breaks so I am away from everyone for a little bit. There is not too many good things to say.

Cons

Favoritism shown by upper management, promotion are not given to those that truly deserve it, rudeness to employees, they do not appreciate the employees, pay sucks, upper management condones drama and contributes greatly to the on going high school petty stuff.

2.0
Jun 22, 2015
Recommend
CEO approval
Business Outlook

Pros

the provide training for the job. Paid Holidays Good vacation package Good lower and middle management

Cons

Cooperate Management are oblivious to how their decisions impact people. They changed commission 7 times with each time getting worse. Promotions are scarce or worthless.(more work same pay). They will go out of their way not to pay for unemployment by lying about why you got let go. Health benefits are terrible. This company started going downhill when they changed their President and VP a couple of years ago. They give impossible goals to achieve in months that people have little or no money and DECREASE YOUR PAY WHEN YOU DON'T HIT IT!! RUN AWAY!! FAR AWAY!! ONLY WORK HERE IF YOU ARE DESPERATE!!

Viewing 22 - 24 of 227 Reviews

Glassdoor has 241 CBE Companies reviews submitted anonymously by CBE Companies employees. Read employee reviews and ratings on Glassdoor to decide if CBE Companies is right for you.