Jun 8, 2015
Exeter Finance reviews
3.7
61% would recommend to a friend
Jason Grubb
81% approve of CEO
68% positive business outlook
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Veteran status
3.0
May 27, 2015
At one point, I really enjoyed my job. I loved coming to work everyday.
Anonymous employee
Current employee, more than 3 years
Recommend
CEO approval
Business Outlook
Pros
Hired in under loan services, I excelled in my position. Management was great, good team of hardworking people from my level on up. Management was never scared to dig in and help get the job done. After years in the industry I sought out another department not different than what I had previously done. Yet again, came into it with a desire to succeed. The management team at the time was still awesome. They again didn't expect us to do anything they wouldn't do. They cared for their people. There was a great home and work balance among so many other pros. Current day, there really are none, besides the few awesome coworker friends I've made.
Cons
What happened? Executive management changed. New CEO came in. Irving underwriters were working ridiculous hours to make up for job cuts across the US. Over half the company was laid off. The other half took massive pay cuts. They started hiring people that have no experience and paying them more than the experienced people, the ones that are training these inexperienced people. Know what the CEO says. "Experience doesn't matter!" Why, because they think the computer can do the job better than the people that built this company.
1.0
May 15, 2015
Recommend
CEO approval
Business Outlook
Pros
No pros here. All new upper management has no finance experience. They have come from call centers and IT.
Cons
This used to be a great company. Now they are losing all their talent and all their revenue. Last year they closed the books having lost over 40 MILLION dollars as a company. They took away sensible schedules and cut employees pay by thousands a year. Currently they are heading towards a class action lawsuit due to closing many branches and not paying their employees. All front lines management cower in their desks afraid of the next cuts. Every Friday and Monday they fire and hire more employees. The CEO of the company sends out rude unprofessional emails to staff and belittles parents for staying home with their children on ice days. There is nothing left at this company for someone who wants to advance and build a career. I suggest moving to cap one or santander where they truly recognize and reward talented employees.
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