Empower reviews

3.8

71% would recommend to a friend

(2,429 total reviews)
avatar

Edmund F. Murphy III

80% approve of CEO

70% positive business outlook

Empower has an employee rating of 3.8 out of 5 stars, based on 2,429 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
2.0
Jul 6, 2016

Ok, starter

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Large organization, job stability, good benefits

Cons

poor management and based compensation

3.0
Jun 29, 2016
Recommend
CEO approval
Business Outlook

Pros

There are good benefits, including insurance and 401(k). When I worked there, they would enroll employees in the 401(k) immediately. They did a 50% match on the first 8% of your contributions and you would be immediately vested for their contributions. The hours are pretty steady-no weekends. I did not have to do any work outside of business hours. Another benefit is that they will pay for you to study for the FINRA exams when you get hired on. I got 3-4 weeks to study for the 6 and 63 and got paid while doing it. Working here is a great way to learn about investing and planning for retirement.

Cons

I was a representative on the phones and scheduling, service levels, and our procedures were the biggest downsides. It is very difficult to take days off, especially if you are new and don't get to ask for your off days at the start of the year like all the seasoned employees. It's especially hard to take off Mondays or Fridays on the fly. Service levels were a big problem when I was there. Often times we would be very busy and not have enough staff to handle the volume of calls coming through. Back to back calls with no reprieve can be exhausting. We would frequently have an hour of mandatory overtime on every Monday and sometimes more throughout the week. The day is also very regimented. When I was there you got exactly 30 minutes for lunch and two timed 15 minute breaks throughout the day. You had to press a button on your phone to get up and use the bathroom. I felt like I was chained to my desk. Doing the job is also difficult because of the amount of knowledge you need to have and the different and disconnected resources and computer systems you would have to be able to use. Trying to get help from other coworkers can be hard. Many people I worked with, even seasoned employees, were not willing to help and would rather pass the buck than take on a problem. Management also does not do a good job of developing their employees. I got the impression that because they need to keep people on the phones to stay in business, they were reluctant to develop workers and train them to move up or move out. Many talented coworkers of mine became frustrated and burned out.

3.0
Jun 21, 2016
Recommend
CEO approval
Business Outlook

Pros

Good benefits, people are great! Free parking in a nice building and good location. They are growing which should provide opportunities.

Cons

Was sold the job as more of an account manager position, but it ended up being much more of a call center.

Viewing 2206 - 2208 of 2,429 Reviews

Glassdoor has 2,534 Empower reviews submitted anonymously by Empower employees. Read employee reviews and ratings on Glassdoor to decide if Empower is right for you.