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Commonwealth Financial Network

Engaged Employer

Commonwealth Financial Network reviews

3.8

57% would recommend to a friend

(345 total reviews)

Wayne Bloom

54% approve of CEO

37% positive business outlook

Commonwealth Financial Network has an employee rating of 3.8 out of 5 stars, based on 345 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Commonwealth Financial Network 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

345 reviews
3.0
Aug 26, 2024
Recommend
CEO approval
Business Outlook

Pros

Benefits, office incentives, work incentives

Cons

salary, work load, bonus pulled completely

2.0
Aug 18, 2024

Old, stale leadership - poor pay - no career advancement

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are awesome and the technology is decent enough.

Cons

If they dangle a 20% bonus in front of you as part of their offer package, don't be fooled. Hardly anyone gets 20% due to shady changes leadership made last year to make it impossible CEO and partnership are mostly older white men, very little diversity. Pay is extremely low for a company with a rigid 3 days in-office policy in the most expensive state to live and work in, most expensive state for child care and worst state in the country for traffic. The Waltham, MA office requires one of the worst commutes to get to. It's nowhere near Boston and is a very dated work environment. Furniture is old and falling apart, workstations are all open making it loud and impossible to focus or take calls. There are very few opportunities for employees to advance or grow into higher paid positions, but managers will happily give you more work and make excuses for shoddy bonuses and no title change. You have to be fingerprinted and background checked to work there. Bureaucracy and poor technology partners make progress challenging. Lots of wasteful, nonsensical spending. They're moving even farther west of Boston to a nicer office that will be even harder for most employees to get to and from. They should go to Boston instead. Most employees are quietly miserable. Overall, the leadership is stuck in the past, refuses to embrace and evolve with workforce trends. I don't miss working there.

4.0
Aug 14, 2024

Still good, not great.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good people, and fun environment.

Cons

To many changes in IT management. Hard to settle in and get things done, when things are constantly changing.

Viewing 52 - 54 of 345 Reviews

Glassdoor has 441 Commonwealth Financial Network reviews submitted anonymously by Commonwealth Financial Network employees. Read employee reviews and ratings on Glassdoor to decide if Commonwealth Financial Network is right for you.