Exeter Finance reviews

3.7

61% would recommend to a friend

(141 total reviews)
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Jason Grubb

81% approve of CEO

68% positive business outlook

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141 reviews

Reviews about "Compensation"

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1.0
Apr 29, 2015
Recommend
CEO approval
Business Outlook

Pros

Exeter Finance was a great company to work for under previous management. great pay, great benefits, great people to work with. I really enjoyed coming to work every day

Cons

Under the new management and CEO you were made to feel like you didn't matter within the company Tom Anderson came in swiftly shut down all 48 branches. He also gave interviews to several different publications stating the computers were smarter than the employees that had already built the company that he just walked into and ruined. He also berated employees through a company wide email for not being able to make it in during an ice storm.

1.0
Mar 18, 2015

Long term career goals? Avoid this sinking ship....

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Used to have good people. Not anymore Used to have good leadership. Not anymore Used to retain talent. Not anymore Used to care about the bottom line. Not anymore

Cons

Do you have long term career goals? Do not come here. Exeter laid off all the associates that created this company. They closed 40 branches and laid off several hundred employees (and still counting). They slashed EVERYONE's pay and cut bonuses. We all understand the company was in financial trouble, but the communication has been that they do not care who stays or who goes. They set new salaries that are not close to the industry standard and have resorted to hiring associates with no knowledge or background in this market. The new CEO, Tom Anderson, has not only proven he does not care for his employees (see comments on this website), he also does not have a auto history to support the extremely poor choices he has made. Anyone can see his linkedin profile and his random history as a ship sinker/turn around specialist. Exeter brand now means nothing to dealers, customers and employees. What used to be a blip on the radar to many larger lenders, is now a joke in the auto finance community. Dealers have given up and most auto employees know to stay away. Save yourself the hassle of looking for another job by December and just look for a career with a reputable company. In this area, you have many choices. Everyone at Exeter is looking for another job. All the executives have left including the founders, EVP's, head of HR and all the VP's, here's your sign!

3.0
Mar 9, 2015

Poor Excuse for AGM

Recommend
CEO approval
Business Outlook

Pros

Good pay, great experience, fast advancement

Cons

Poor excuse of an AGM, never in office, can't use your vacation days because AGM is never there

Viewing 133 - 135 of 141 Reviews

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