Addition Financial reviews

3.4

59% would recommend to a friend

(50 total reviews)

Kevin S. Miller

64% approve of CEO

45% positive business outlook

Reviews by job title

50 reviews

Reviews about "Compensation"

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3.0
Feb 20, 2017
Recommend
CEO approval
Business Outlook

Pros

- Base pay is above average. - Best training I've had, trainers very committed to helping you succeed. - Good benefits (healthcare, paid sick and vacation time, holidays off, paid training, 401k profit sharing, free gym at main office, discounts on loans for employees, etc.) - Call Center is helpful, both as a member and employee. They are always nice when I call. - Building I work in is nice, Facilities team is always quick to repair anything not working.

Cons

- Feels like we're stuck in the 90s. Outdated website, mobile app, etc. makes it hard to engage more savvy members. Had to fill out paper job application and fax (!) it in on top of completing one online. - Culture is kinda bland. No company events, no networking opportunities with other workgroups, dress code is restrictive. - IT department is tough to work with. Everything is made more challenging than it needs to be. Why lock down everything? Do you not trust your employees? - HR department is ironically least "human" part of the business. Orientation was boring and full of paperwork. Not a good first impression. Hard to get helpful answers...always make me feel like I'm bothering them.

1.0
Nov 17, 2016
Recommend
CEO approval
Business Outlook

Pros

Great pay. Free gym to use at Lake Mary location. Some management and employees are passionate and were a joy to work with.

Cons

Company is more focused on bringing in more revenue than focused on their own members. Employees are only rewarded when they bring in money or have saved the company money in some way. If your job does not involve one of these two tasks, you will never be recognized. The issue with CFE is the management- starting from the top. Upper executives put extreme pressure on the management team they are over. Most are cocky and unprofessional and have no idea what is really going on in the company. This causes back office and branch management to put the same pressure on back office and branch employees. Managers did tell our department more than one occasion that they were sorry so much was required of us and also apologized for not being able to recognize our work, but that they had the same issue and pressures from their management. Most management had zero leadership skills. They do not lead from example. Most management admittedly did not even know how to perform their department's job duties and then would once a year harshly critique their performance. Receiving feedback on your job duties only once a year when it was time to determine your raise is not acceptable. I made a mistake when I worked for CFE. I completely burned myself out giving every second and ounce to the company. I skipped breaks, stayed late, did more than my job title required, and did all my work plus more. My critique when I quit the company was that I did too much. I was honestly marked down on my review for doing too much. This kept me from a raise after killing myself for the year. Quitting CFE was the best professional move I had ever made. When I was hired in, employees told me to CYA. That advice was so valuable. Save every email. Get everything in writing. At CFE, a conversation that wasn't recorded didn't happen. Management and employees can and will play ignorant to get out of any situation. HR at CFE is not your friend. They are there to protect the company not the employees. They have absolutely no interest in the employees. Also, HR does not negotiate enough with insurance companies. Insurance costs went up every year. HR will also hound you constantly if you don't join into health insurance or retirement planning. CFE does not fire employees. They simply bully and devalue employees until they quit. Overall, CFE is just such a shame. There is so much potential and so many good employees (if they haven't quit already) that could make the company a great place to work.

3.0
May 17, 2016

Teller

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay is pretty good, holidays off, not too stressful.

Cons

Recently this credit union has begun to act like a bank. It expects a high demand in sales with little to no training on the products you are supposed to be referring. Upper management is unprofessional as they enjoy gossip and have even been known to hold employees accountable for things they say or do in their personal life. Employees are treated as just a number and management condescendingly wish employees "good luck finding something better elsewhere".

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