First Merchants reviews

3.5

60% would recommend to a friend

(55 total reviews)
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Mark K. Hardwick

71% approve of CEO

57% positive business outlook

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55 reviews

Reviews about "Compensation"

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1.0
Jun 14, 2025

RUN AWAY

Recommend
CEO approval
Business Outlook

Pros

Absolutely nothing is good about this employer.

Cons

DEI Overload: DEI initiatives are excessively prioritized to the detriment of performance and fairness. I’ve personally witnessed high-performing employees being let go under the guise of these policies. • No Internal Promotion: Promotions rarely go to internal candidates, no matter their qualifications or track record. Leadership consistently hires from outside, crushing morale and motivation. • Leadership is Absent: Executive leadership is virtually invisible and provides no real support. Strategy seems nonexistent, and employee feedback falls on deaf ears. • Toxic Sales Culture: The bank is bleeding deposits, and the only “solution” is to push staff to make more calls—quantity over quality—which damages both employee morale and client relationships. • Rampant Micromanagement: The level of micromanagement is beyond unreasonable. Salaried, remote employees are required to schedule their lunches on calendars—this speaks volumes about the lack of trust and professionalism. • Technology is LIGHTYEARS behind other institutions. Outdated, slow, and clunky processes make your job virtually impossible. • Raises are Insulting: After receiving an “Outstanding” on my performance review, I was given a meager 2% raise. There is clearly no real reward for going above and beyond. • No Value for Top Performers: The hardest-working, highest-producing employees are overlooked and undervalued. It’s demoralizing.

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First Merchants Response
1mo
Thank you for your feedback. As a current employee, we would encourage you to reach out to your Human Resources Business Partner regarding your concerns so we can be helpful in resolutions.
4.0
Aug 28, 2024
Recommend
CEO approval
Business Outlook

Pros

Work/life balance, consistent schedule, time off

Cons

Competitive Pay, occasional travel, incentives, staffing is short

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First Merchants Response
1y
Thank you for your feedback! We agree that having a good work/life balance and consistent schedule are important and that some people may view receiving competitive pay and incentives as Cons; we view these all as Pros 😊 We appreciate you being a part of the First Merchants team!
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