Does PlanMember Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, PlanMember Financial employees rate their compensation and benefits as 2.9 out of 5. Find out more about salaries and benefits at PlanMember Financial. This rating has improved by 5% over the last 12 months.

How satisfied are employees working at PlanMember Financial?

50% of PlanMember Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated PlanMember Financial 3.2 out of 5 for work life balance, 3.1 for culture and values and 2.7 for career opportunities.

What are the top reviewed jobs at PlanMember Financial?

Customer Service Representative (5) , Investment Analyst (4) , Service Center Representative (4) , Anonymous (2) , Financial Service Representative (2) , Financial Services Representative (2) , Operations (2) , Operations Specialist (2) , Web Developer (2)

What are the pros of working at PlanMember Financial according to real employee reviews?

"Great culture and amazing office location" ((in 6 reviews)); "Benefits and fellow workers are nice to your face." ((in 6 reviews)); "Consistent work, coworkers are awesome." ((in 5 reviews)); "For the most part people are nice and pleasant to be around." ((in 5 reviews)); "Great work life balance." ((in 3 reviews))

What are the cons of working at PlanMember Financial according to real employee reviews?

"Those who are "in" with the management are given higher raises, favored interviews, lenient disciplinary actions." ((in 5 reviews)); "Salary is not competitive" ((in 5 reviews)); "Favoritism is a big thing at this company and the raise is only a couple of cents unless you are friends with one of the executives." ((in 4 reviews)); "If you are going to work here expect an average a 3% raise." ((in 3 reviews))

What are the top reviewed PlanMember Financial locations?

Carpinteria , Santa Barbara , Farmingville , Ventura , San Diego

PlanMember Financial reviews

3.1

50% would recommend to a friend

(69 total reviews)

Jon Ziehl

58% approve of CEO

55% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

PlanMember Financial has an employee rating of 3.1 out of 5 stars, based on 69 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PlanMember Financial 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

69 reviews

4.0

Jun 9, 2017

Great learning opportunity

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

I respected my coworkers and learned quite a bit about the industry.

Cons

The Salary was not competitive.

PlanMember Financial Response

8y

It sounds like your experience overall was a positive one and thank you for your review. PlanMember understands how important compensation is which is why employees enjoy a generous package that includes medical, dental and vision insurance, a company 401(k) plan with employer match, supplemental life insurance, paid time off and holidays and more.

4.0

Mar 15, 2017

Great workplace community

Web developer

Recommend

CEO approval

Business Outlook

Pros

The community here is great. Even during crunch time, there's a strong sense of camaraderie and teamwork. Supervisors are open to helping employees who are struggling and are very focused on helping their team succeed to the best of their ability. Benefits (medical, dental, etc) are great. Employee contributions are valued.

Cons

Salary leaves something to be desired. It's not bad, but it's still below industry average. The yearly salary increase is percentage-based, so you won't see substantial increases for a number of years. Communication between departments is often confusing.

PlanMember Financial Response

8y

Part of the appeal of working at PlanMember, as you mention in your review, is the people, as well as the location and lifestyle that Santa Barbara offers. Salary offers are unique to each employee and based on prior experience, education, certifications, securities licenses and other factors, so applying an industry standard is not always a primary consideration. The HR team is available to speak with you personally about your situation, so please reach out to them.

3.0

Dec 29, 2016

Company is a great starting point but underpaid. You can obtain financial licenses and great for entry level positions.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

People are lovely here and fun to work with. Workload can be relaxed for the most part. Great opportunity to obtain financial licenses.

Cons

Underpaid position, work can become hectic when understaffed. Resources are out of date and processing can be annoying. There is not a lot of vertical movement.

PlanMember Financial Response

9y

PlanMember offers career training opportunities and prefers to promote from within whenever possible, giving employees the chance to advance. It’s also important to remember that lateral movement within an organization can provide new learning opportunities, especially at PlanMember where our products and services are complex and highly regulated. We encourage employees to meet with their manager and HR to discuss how PlanMember can help empower them. Contact us so we can further discuss your experience, we're always open to hearing the opinions of our current and former employees.

Viewing 49 - 51 of 69 Reviews

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