Fifth Third reviews

3.6

60% would recommend to a friend

(1,087 total reviews)

Tim Spence

70% approve of CEO

61% positive business outlook

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1K reviews

Reviews about "Compensation"

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3.0
Mar 10, 2021
Recommend
CEO approval
Business Outlook

Pros

Benefits were good. Pay was average for this industry.

Cons

It was a stressful environment. Constantly pressured to make sales. Forced to have uncomfortable conversations with customers to persuade them into more services. Micromanaged as well. Managers would sit in during outbound calls and in person appointments.

4.0
Mar 8, 2021

Benefits, & Opportunities

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fully vested 401k after 6 months, you put 6% and they give you 7%. Health insurance is considered high deductible, and costly but 5/3 offers programs to offset the cost by earning health benefits. The health insurance is 80% or 90% coverage— and covers tons of stuff even transgender care (gender confirmation surgery), IVF coverage, weight loss surgery, and covers tons of medications without having to meet your deductible first including diabetes medication and so much more then I can think of right now. Career opportunities are endless, although networking is extremely important, and leadership needs to know your intentions. ALSO college tuition reimbursement up to the maximum allowed by employers tax free ($5,000ish) Appointment time 4 times a year, where you can take 2 hours of your shift away and be paid. 2 weeks of vacation time (10 days total), and option to buy 1 more week. Fifth Third stepped up and provided 3 weeks of vacation for 2021 due to Covid-19, and 12 hours of appointment time verses the normal 2 weeks and 8 hours of appointment time. They also provided roughly $1,200 in bonuses for Customer Service employees.

Cons

Must network extensively requires dedication to your craft to get promoted— however leadership will lead you to the right direction. annual increase for pay was lack luster at 1.5% considering inflation that has risen greatly and with the economic issues we have faced— it felt like a slap to the face.

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