Bread Financial reviews

4.1

80% would recommend to a friend

(1,711 total reviews)
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Ralph Andretta

90% approve of CEO

80% positive business outlook

Bread Financial has an employee rating of 4.1 out of 5 stars, based on 1,711 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
1.0
Feb 22, 2021
Recommend
CEO approval
Business Outlook

Pros

more money from the larger company who acquired us so seems like we can keep people and processes

Cons

HR team has all left - they were treated poorly. We have leaders who care about themselves over others. everything changed but we were told it wouldnt. benefits are terrible with new company and we were told they would be the same - opposite

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Bread Financial Response
4y
We hear you and thank you for taking the time to leave your feedback. Acquisitions are challenging. It is hard to integrate two very different company cultures. You can lose good people. Self-centered leadership will not succeed. But change can be good. In 2021, our engineering headcount will at least double as we roll out new products and the core business gets bigger. This is thanks to the foundation that our veterans created, and the opportunity emerging from the acquisition and partnership with Alliance Data. We have also rebuilt our people/HR team. In fairness to those who have been here since early days, and the talent we have recruited recently, we encourage candidates vetting Bread for the first time to ask our team about the following: 1. What Bread is doing to stay competitive - not just as a business, but for its employees 2. Our benefits 3. Our culture Culture is a very hard thing to fake, fortunately. We strive for one that is collaborative, competitive, evolving, and above all, happy. But don’t take our word for it! We encourage every candidate and employee to determine this for themselves.
2.0
Feb 19, 2018
Recommend
CEO approval
Business Outlook

Pros

The money, benefits, and parking.

Cons

They use calibration to rank associates. Terrible Sr Managers that are not reviewed and run their teams however they want too. You may get a good team and a good leader or you may get a terrible one that does whatever they want without accountability.

1.0
Apr 26, 2019

Avoid like the plague

Recommend
CEO approval
Business Outlook

Pros

- Pay is decent - Good amount of time off

Cons

- Removed bonuses - Treats employees poorly - Revenue is going down, they are "restructuring" which means laying people off without notice. - Training is poor.

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Bread Financial Response
7y
Thank you for your feedback. To enable Alliance Data’s card services business to better leverage resources, and capacity, work was consolidated into other Alliance Data facilities that perform the same or similar functions. All impacted associates were given 60 days paid notice of their separation date and then will be eligible for severance after that. We are taking several actions to ensure they have the financial and human resources support to make their transition easier.
Viewing 7 - 9 of 1,711 Reviews

Glassdoor has 1,781 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.