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 category

3.2

Work/Life balance

3.1

Culture & values

2.9

Compensation and benefits

2.7

Diversity & inclusion

2.7

Senior management

2.7

Career opportunities

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

69 reviews

5.0

Apr 25, 2018

PlanMember > great place to work!

Vice president partner development

Recommend

CEO approval

Business Outlook

Pros

I've been in the investment industry for over 30 years, and fortunately 15 years ago found PlanMember. For both senior executives and new comers to this industry, I've experienced this company to be a place that encourages a team approach while recognizing and rewarding quality individual effort. People like working here....that was something that struck me when I interviewed 15 years ago. And that positive culture remains intact. Many people have been here for 10-20 even 30 years. That wouldn't happen unless this was a good place to work. And adding in flexible work hours, walks on the beach during breaks, benefits and paid vacations, and a lot more....makes it a great place.

Cons

The investment and securities industry is not for everyone. There are more rules & regulations than in most other businesses, but that makes sense when you're dealing with other people's money.

PlanMember Financial Response

8y

It’s true that we have many employees who have been here literally for decades, including me. I’m happy to hear you’re satisfied with your position and the people you work with. I’ve been here myself for more than 25 years, now as VP of Human Resources & Facilities Management. I work to ensure that the company culture, salaries and benefits deliver what employees want and need because our employees are the life of the company. Thanks for the shout-out! - Angel Sugleris, VP Human Resources & Facilities Management

4.0

Feb 16, 2018

Working at PlanMember Financial Corporation

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great professional development, great location

Cons

There is a high turnover with service center employees

PlanMember Financial Response

8y

The service center is a great place to get top-tier training and learn the financial services industry and how PlanMember works but it’s not right for everyone. Turnover for this and all positions in any company is cyclical, but I’m glad to hear your experience is overall a very positive one. Thank you for the review. - Angel Sugleris, VP Human Resources & Facilities Management

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.

Viewing 58 - 60 of 69 Reviews

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