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
2.0
Mar 13, 2016

Trade & Trust Services

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1. Friendly co-workers willing to assist and answer questions 2. Work from home 1 day per week 3. Good amount of PTO and flexibility if need to leave early from work

Cons

1. Majorly understaffed causing a stressful work environment 2. High turnover 3. Low compensation compared to the rest of the industry 4. Finger pointing and blame between departments 5. Favortism and double standards 6. Excellent Performance not rewarded with a promotion 7. Lack of career development available 8. HR recently adjusted salary ranges in 2015 but did not adjust employee salaries to keep them at the same position on the salary scale. Without that adjusting salaries along with the salary ranges, the salary range adjustment meant NOTHING 9. Antiquated systems making it difficult to accomplish your work efficiently. THE ABSOLUTE WORST SYSTEMS I HAVE EVER SEEN 10. Too much offshoring of work

2.0
Sep 17, 2019
Recommend
CEO approval
Business Outlook

Pros

Coworkers and management/directors at my branch were absolutely wonderful people, who made me feel very welcome when I first joined. Aside from the very end of my time at the company, I never had a day where I dreaded or didn't want to come into work. While my time at Ascensus was brief, the most difficult part about leaving was parting ways with the wonderful people I met and new relationships I formed or was forming. I didn't stay long enough to utilize the company's benefits package but from what I've read and was told from other employers, this company really takes care of their employees and pays very well.

Cons

My first red flag was a change in my job title after I was offered the position. I thought I was brought in to do one thing, but was given a job title that largely alludes to more of a customer service-type role. This was primarily because I would be taking calls at a help desk 2-3 times a week. Simply put, the division I worked in could best be described as a glorified call center., which segues into my second red flag. During my time here, I was put through an intense training regiment on content I had virtually little-to-no experience in. Now, I knew what I was getting myself into in terms of the stringent training in the beginning, but assumed most would be conducted in a classroom-type setting with a lot of overhead/one-on-one mentorship. Only my first week was classroom training. Afterwards, I was given a pile of textbooks, manuals and a schedule of different training phases. In each "phase", I was supposed to read through anywhere from 60-100 pages of material in the form of chapters from different manuals, webinars, power points, research papers and case studies, along with sections of governmental codes and regulations within 2-3 days, all the while expecting me to self-teach myself all of this material. Yes, I had a "mentor" I was supposed to meet with a few hours a week, but is that nearly enough time to help someone trying to comprehend content they're completely new to? Not at all. The best way to equate their pace of training is like trying to teach a college semester's worth of material in 6-8 weeks. This, along with their sky-high expectations to learn everything inside and out was unreasonable and unrealistic. Management claimed their current training model was very successful for employees with or without previous pertinent experience, which I found very hard to believe. I would be very interested in knowing what their 30-day turnover rate is for new employees. Unfortunately, I only lasted at Ascensus for about 4-5 weeks before submitting my resignation. Especially if you have little or no experience going into the nature of work they want to train you in, you may find yourself over your head very quickly in the first few weeks.

1.0
Dec 14, 2018
Recommend
CEO approval
Business Outlook

Pros

Newer building, ability to talk with other associates (except team lead) to find solutions to problems. Generally great repore with other staff. 401k plan did get good report for investment options. (Brightscope)

Cons

They have bought too many companies and try to use all the systems of those companies. You have to be able to negotiate 5 or more systems to find answers to assist clients. Different login to each system. Yes, we were told it would become automatic and did but then timeout and relogin causes delay. The team lead I had was seldom available to give help. When a call/issue required more research was later told I was not taking my 'fair share' of calls. Very frustrating to find answers for clients while being held to a call quota. Finding answers in the various 'operations manuals' was a time consuming effort. Health benefit costs are very high for the amount of coverage. Can't speak about turnover as site was newly opened.

Viewing 16 - 18 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.