Ascensus reviews

3.5

59% would recommend to a friend

(704 total reviews)
avatar

David Musto

69% approve of CEO

61% positive business outlook

Ascensus has an employee rating of 3.5 out of 5 stars, based on 704 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Ascensus 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

704 reviews
3.0
Sep 8, 2018
Recommend
CEO approval
Business Outlook

Pros

-Excellent place to begin your financial services career, very good training program about the retirement industry. -Decent benefits, 19 PTO days to start, work from home after a year -Colleagues and Peers are all very helpful and everyone want you to succeed. - Great activity committee that can make coming to work fun.

Cons

-This is 100% a call center, with extremely heavy volume during certain months. (not necessarily a con but they don’t explain that it’s a call center environment in interview) -Depending on your manager/team your chances of moving up vary, I have seen people work there for 5+ years with no advancement and people work there in 3 years move up 3 times. -Micromanagement is a big issue, they don’t trust employees to do their jobs so they require you to fill out additional spreadsheets with completed tasks/projects. You spend half your day just recording your work that you’ve completed. -They use metrics as a big way to determine your reviews, some of which don’t make sense. -The core value “people matter” is a joke- upper management cares about there bonuses and advancing rather than those that work under them. -Dealing with clients can be stressful, some of the procedures and technology they have in place don’t make sense and make the job difficult at times -They schedule town halls and round table discussions with employees for ideas but NONE of them ever come to fruition. The company is solely focus on buying other companies and doesn’t improve anything for those that work everyday on the front line with clients. -As an employee you are one of about 4,000 so they don’t care if you need to be replaced. They don’t value your hard work, raises are only 2-4% of your salary with no bonus or profit share. They care about plan retention and plan sales and positive reviews.

1.0
Sep 6, 2018
Recommend
CEO approval
Business Outlook

Pros

Provided various potlucks, company picnic, PTO, decent pay.

Cons

Extremely unstructured, they do overwork you as much as possible, horrible management. I ignored the bad reviews before starting here and every single one of them turned out to be true. Extremely negative environment, unprofessional.

1.0
Jun 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Not much to place here. This place treats their employees like they are in kindergarten. Everything but paying their employees what they deserve

Cons

High turnover. Rampant favoritism, unprofessional managers, outdated recordkeeping system, expensive health benefits, corny core values that noone follows or lives by, long vesting schedules since they know people wont last, angry clients /advisors, outdated technology , high fees, and low pay for work

Viewing 13 - 15 of 704 Reviews

Glassdoor has 766 Ascensus reviews submitted anonymously by Ascensus employees. Read employee reviews and ratings on Glassdoor to decide if Ascensus is right for you.