Empower reviews

3.8

71% would recommend to a friend

(2,436 total reviews)
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Edmund F. Murphy III

80% approve of CEO

68% positive business outlook

Empower has an employee rating of 3.8 out of 5 stars, based on 2,436 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Empower 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
May 22, 2024
Recommend
CEO approval
Business Outlook

Pros

Company is growing through acquisitions opening opportunities in different departments. Parent company has invested and will continue to invest in our company to ensure growth and keep us competitive in the marketplace. Pay is competitive with an extensive bonus program, affordable benefits, work life balance perks, and a 6% match on 401k. Financial wellness and retirement success are top of mind and employees receive free investment advice and account management. Regular information sessions with Q & A on retirement preparedness, Social Security, health care costs in retirement, how HSA's work and the benefits, and many more financial wellness topics. A great employee recognition program where you can give and receive points for the work that you do and the contribution you make, with points that can be used for a wide variety of purchases and gift cards. This encourages us to recognize others and be recognized. Online requests for HR and IT with immediate response making asking questions and receiving assistance easy. Working remotely offers the opportunity to save on expenses that we previously incurred commuting to/from an office daily.

Cons

Innovation seems to stagnate in some departments with old and fixed mindsets taking hold. Compensation seems stagnate for longer term employees and compensation seems a little low for some niche positions. Work/Life balance has been a struggle at times due to acquisition and migration efforts. Advice to Management Continue promoting innovation and growth mindset and ensure that mid-level managers know how to encourage their staff. Continue to reinvest in the workforce by expanding opportunities for networking, mentorship, and advancement.

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Empower Response
2y
Thanks for your feedback.
5.0
May 22, 2024
Recommend
CEO approval
Business Outlook

Pros

Great work-life balance, unlimited vacation, remote work, growth company

Cons

Company growing so quickly can make things challenging as sometimes we are still operating under a smaller boutique firm.

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Empower Response
2y
Thank you for your feedback. We live by our values, one of which is We Do the Right Thing - we encourage associates to speak up if there are improvement opportunities!
5.0
May 22, 2024
Recommend
CEO approval
Business Outlook

Pros

WFH flexibility, good benefits, inclusion and diversity supportive, BRGs, career growth opportunities, management support

Cons

Outdated internal systems, integrations of acquired companies leave little breathing room to adapt to change before another change is made

Viewing 568 - 570 of 2,436 Reviews

Glassdoor has 2,542 Empower reviews submitted anonymously by Empower employees. Read employee reviews and ratings on Glassdoor to decide if Empower is right for you.