ConServe reviews

3.2

57% would recommend to a friend

(85 total reviews)

Mark E. Davitt

85% approve of CEO

55% positive business outlook

ConServe has an employee rating of 3.2 out of 5 stars, based on 85 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ConServe 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

85 reviews
1.0
Apr 25, 2015
Recommend
CEO approval
Business Outlook

Pros

Company paid health insurance for single coverage. Family is $220 paycheck for full 26 pay periods annually as opposed to twice per month. Which puts it on par with other large agencies. The company is self insured and doesn't use any of the large insurance carriers. This is a little worrisome. But with the average aga of their employees in the twenty something age range they should have no problems

Cons

I truly believe that at one time the company was a great place to work. However with their rapid expansion and the changes that have occurred throughout the industry. They are scrambling to keep up. They have gone to a punish first ask questions later business model. Management just isn't skilled enough to keep up. Very cutthroat environment. One day your teammate is smiling at you the next you'll find a knife in your back. The company knows this so they mask it with silly writings in th wall "together we can achieve anything". Or "Forestering financial freedom" (for the owner). The company is driven by greed. The base pay is horrible. The bonuses are good but by comparison to what is brought in it's subpar. For example hit the base goal of a fully ramped collector who has been there greater than six months of $18000 fee you can expect a bonus of about $900 or less depending on how many "buckets" you've hit. Combine that with the low $13/hr base pay you can expect to gross $3150. So the company gets $14850 you get $3150. Now it's not as simple as I illustrated because of fallout rates etc. But you will get penalized every time a customer falls out of the program. So the percentage of what you receive compared to what you bring in is far below what other collection agencies pay. They are growing so fast they promote supervisors who would otherwise never have a chance in the real word to ever be in a management position. The other positive posters on this site are either so brain washed or upper management posting. It's certainly not what's being said amongst the employees in the break room. More frustration being heard than positive statements

3.0
Mar 25, 2015
Recommend
CEO approval
Business Outlook

Pros

Positive environment, single person insurance covered by company, variety of different departments.

Cons

Base pay is low, bonuses depend on many variables that are out of your control. Company hierarchy for disciplinary actions does NOT EVER come off your record. That's right, they don't fall off after a period of time. I'm not talking about extreme infractions. I mean Infractions such as doing something/saying something incorrectly as far as information to the consumer. Instead of training, they can write you up and those infractions build in unrelated areas but are still escalated into Final Disciplinary action and/or termination. Raises are very minimal. I've been there several years and have met my goals 83% of the time, yet I've only been given a .49 increase, once. The owner cares more about the company's status as "Best Place to Work in Collections" and "Forbes Magazine top 5000 growing biz list" than he does about employees. He masks it by providing cake once a month to the employees.

Viewing 73 - 75 of 85 Reviews

Glassdoor has 86 ConServe reviews submitted anonymously by ConServe employees. Read employee reviews and ratings on Glassdoor to decide if ConServe is right for you.