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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
1.0
Mar 19, 2020

Treats Contractors Like Second Class Citizens

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You won't be fairly compensated for your work, but hey at least you get free bagels.

Cons

Be prepared to do the exact same work as your directly employed counterparts, but for none of the benefits, less pay, and a false promises of employment

2.0
Jan 13, 2022
Recommend
CEO approval
Business Outlook

Pros

CEO is a joke. Remote work is real

Cons

Support your people. They are doing the work.

avatar
Commonwealth Financial Network Response
4y
Posted 1/26/22 on behalf of Wayne Bloom, CEO. Hi Current Employee, A joke? My wife continuously reminds me that I’m not funny at all! But I realize that’s not the point of your comment. Remote work is indeed real, and we’re fortunate that our team has been able to do a remarkable job providing indispensable service to our affiliated Advisors while working from home. But make no mistake, as good as we’ve been, we haven’t been as effective in all aspects of our jobs working remotely, and I firmly believe we’re “Better Together.” This is particularly true with training, mentoring, coaching, learning through osmosis, and building relationships. For me, it’s often during the walk back to one’s office from a meeting where a meaningful debriefing exchange occurs, and that’s lost with online meetings that simply “end.” We’re very excited about our new hybrid approach. We will be evolving from a primarily on-prem workforce to a hybrid environment offering up to 40% (2 days) work from home. It’ll provide a terrific balance of on-prem and remote work. I certainly understand that some folks prefer fully remote options, and that’s ok—it just doesn’t fit our approach that highly values the benefits and on-premises workplace provides. This strategy doesn't mean either one of us is right or wrong—it’s just not a great fit for some folks. As far as supporting our team, in addition to our standard benefits, we have also done our best to support our team with additional flex time, firm-purchased equipment for home, stipends for expenses, extra paid time off for vaccinations, or sickness, both personal and as a caregiver. I’m certainly open to hearing any specific suggestions or feedback you might have on supporting you better or any other thoughts on keeping Commonwealth great. Have a great day, Wayne CEO
Viewing 58 - 60 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.