Bread Financial reviews

4.3

84% would recommend to a friend

(1,720 total reviews)
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Ralph Andretta

92% approve of CEO

84% positive business outlook

Bread Financial has an employee rating of 4.3 out of 5 stars, based on 1,720 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Bread 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

2K reviews
5.0
Aug 5, 2023

Great Place to Work!

Recommend
CEO approval
Business Outlook

Pros

Great work-life balance and decent pay

Cons

No free lunch and limited swag

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Bread Financial Response
2y
Thanks for your amazing review!! Although it's true that we don't offer free lunch (as many of our associates work remotely), we are so glad to hear you care so much about work-life balance and feel you are well-compensated for your work. We appreciate your contributions!
1.0
Aug 4, 2023
Recommend
CEO approval
Business Outlook

Pros

Good benefits and competitive salary.

Cons

Mostly a toxic work environment that depends on the area. Lack of Supportive Management, many of those in leadership are unqualified for their position. Unrealistic workloads and expectations with the lack of resources to complete assignments. Very unclear communication that makes working on projects difficult and frustrating. Many of the departments are not on the same page with a lack of clearly defined responsibilities. High turnover, most of employees that have skills do not stay for very long.

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Bread Financial Response
2y
Thanks for sharing that you feel we offer an excellent benefit and compensation package! We're sorry to hear about your experience with leadership and communication. We hope you find a better cultural fit with your next career opportunity.
2.0
Aug 3, 2023

Burnout

Recommend
CEO approval
Business Outlook

Pros

They send you everything you need, Very nice in the beginning, Pay was okay, My direct leaders were very kind and understanding, Offer competitive benefits

Cons

The ranking system is designed poorly, it’s nearly impossible to climb to hit where they want you to. When you inevitably don’t make those goals they put you on a corrective action and threaten to fire you. It takes a huge toll on mental health because you don’t know if you’ll have a job on the first of the month. Any pto or psl days you take count against you in the ranking so you have to worry about pushing payments out to that day to hope you don’t drop significantly. They tell us to take those days we “earned” but if you take them it counts against you. It’s a lose lose situation. There is a gap in communication between leadership, you can ask three leaders questions and get different answers. It makes doing your job confusing because it seems like everyone is guessing on what the answer is, and if you do something wrong based on listening to a leader you will be talked to about it.

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Bread Financial Response
2y
Thanks for sharing that you had a positive onboarding experience with equipment, benefits, and compensation. It's wonderful to hear that you found your leadership to be supportive partners as you learned the ropes. We appreciate your feedback on our performance evaluation system and will share your valuable feedback with leadership. We certainly value our associates and don't want to lose them to burnout as work-life harmony is a core component of our culture.
Viewing 421 - 423 of 1,720 Reviews

Glassdoor has 1,790 Bread Financial reviews submitted anonymously by Bread Financial employees. Read employee reviews and ratings on Glassdoor to decide if Bread Financial is right for you.