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

3.0

Sep 20, 2014

Not ideal for me

Financial service representative

Recommend

CEO approval

Business Outlook

Pros

Good benefits/ days off. Considerate management staff & HR is on top of it. Continued learning.

Cons

You have to make a commitment of 3 years in the service center to ever get promoted from that job. Have to pass exam after exam after exam. I was told that I had to complete 2 exams but when I was hired I heard about an additional 1, and another 1 that I could take to improve my chance of being promoted. The work life balance is horrible- you have to study everyday when you get home for years- no family or friend time. Parking is a disaster. People leave all the time because there is no room for promotion here. They don't pay enough for everything they expect.

PlanMember Financial Response

11y

Thank you for providing honest feedback. Insights such as yours help us improve communication with employees and the overall PlanMember work environment. Securities exams are standard in the finance industry and without them we could not serve our clients. Having the opportunity to earn securities licenses is a key reason many individuals choose PlanMember. These exams can be difficult and we work diligently to improve training and test preparation support to maximize our employees’ chances of success. If you have additional feedback, please reach out to me at angel@planmember.com.

4.0

Mar 13, 2014

Nice People

Web developer

Recommend

CEO approval

Business Outlook

Pros

Very nice people to work with, reasonable types. Exceptional HR department (never thought I would say that about anyone!)

Cons

There is a degree of dysfunctionality across some business units that results in strange requirements and an unusual inability to learn from mistakes.

PlanMember Financial Response

11y

Thank you for the vote of confidence in PlanMember HR. That makes our day! I’d like to hear more about which requirements you believe are strange. Please reach out to me at angel@planmember.com if you’d like to discuss this further.

1.0

Mar 6, 2014

Company has issues

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

it is near a beach so its a nice location

Cons

Overall a dysfunctional staff at best, toxic work environment, no team work, lots of lying and backstabbing etc... Excessive hours with the promise of time off which doesn't happen, Unrealistic expectations on projects and minimal if any project testing due to pressure and no understanding by middle management of what it takes . Be prepared to be called on the carpet for something you did not or had nothing to do with. Do you have a family? This company is not for you.

PlanMember Financial Response

11y

Thank you for providing honest feedback. It helps us take the steps necessary to correct these issues and improve as a firm. We strive to be an employer people enjoy working for and take your feedback seriously. If you’d like to share more about your specific experience, I would value the opportunity to hear about it. Please contact me at angel@planmember.com.

Viewing 64 - 66 of 69 Reviews

Top companies for "Compensation and Benefits" near you

Citi

3.6★Compensation & Benefits

Goldman Sachs

3.5★Compensation & Benefits

Morgan Stanley

3.6★Compensation & Benefits

Fidelity Investments

3.9★Compensation & Benefits

Jobs at PlanMember Financial

Retail Sales & Partner Development Support (Advisory)

Advisor Marketing Assistant

Video Podcast Editor – Freelance

United States

View job