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

Company ratings over time

Ratings trend for the last 6 months (69 reviews)

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

Jul 2, 2015

Great Company, Great People

Purchasing coordinator

Recommend

CEO approval

Business Outlook

Pros

PlanMember really cares for its employees. They acknowlegde your accomplishments. Beautifully located on the bluffs overlooking the ocean. PlanMember offers many extra classes to help learn more about excel, time management, leadership skills and many more. They also encourage you to test and get your series licenses depending on your position within the company.

Cons

Not a whole lot of room for growth. The way the company is set up it's more of lateral movements and less of a promotion, UNLESS you aquire your licenses.

PlanMember Financial Response

11y

We are happy to hear that you’ve taken advantage of PlanMember’s EXTRA training classes. PlanMember believes it is our responsibility to do everything we can to empower employees to be more successful. This includes providing opportunities for professional development and support for employees that want or are required to earn one or more securities licenses. As a financial services company, employees with licenses naturally have more opportunities for professional advancement. Plus it makes good sense to get licensed because those employees have a better understanding of the industry and PlanMember’s unique place within it.

5.0

Jun 3, 2015

VP Digital Marketing

Vice president digital marketing

Recommend

CEO approval

Business Outlook

Pros

Advancement opportunities, flexible work environment, education and training support for employees. I appreciate PlanMember's visionary eye on the future and a unique business model that serves an underserved market: education and non-profit employees.

Cons

At times, internal bureaucracy and established processes can inhibit the ability for teams/employees to bring about change.

PlanMember Financial Response

11y

As an evolving company, PlanMember is growing. Our continued success requires that we listen to employees and their frustrations, suggestions and ideas. Bureaucracy and doing things the same old way inhibits change and PlanMember is working to break down these barriers.

3.0

Feb 10, 2015

Just alright

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Benefits and fellow workers are nice to your face.

Cons

They expect an awful lot yet the pay does not match the demand nor the cost of living for the area.

PlanMember Financial Response

11y

PlanMember understands that the Santa Barbara market, though it offers a high quality life style, also has a high cost of living. That’s why, in addition to competitive salaries, PlanMember provides other benefits that help employees maximize their income, including medical, dental and vision insurance, life and disability insurance, pre-tax commuter benefits, discount programs and an employee assistance program, along with a generous retirement and vesting program and voluntary insurance plans such as Aflac.

Viewing 58 - 60 of 69 Reviews

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