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First Republic

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Overworked, underpaid and no staff development - Anonymous employee First Republic Employee Review

2.0
May 3, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Smaller bank so have the opportunity to interact with senior management -Bank has good reputation, which is a plus for your resume -On-site cafeteria subsidized and is less expensive than eating out

Cons

-Sole focus is on stock price and the revenue vs productivity ratio. -No staff development. They constantly hire people, don't train and overwork them and then fire them when they need to boost the stock price. -Unrealistic expectations - they understaff departments to help with the stock price, but then expect the people actually doing the work to provide customers with exceptional service. You can have one or the other (focus on stock price or customer service) but not both. -Salaries are below market.

Explore other reviews about First Republic

5.0
Jun 27, 2026
Recommend
CEO approval
Business Outlook

Pros

Great banking network of experienced professionals

Cons

The bank went bankrupt, unfortunately

4.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Great banking network of experienced professionals

Cons

The bank went bankrupt, unfortunately

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