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First Command Financial Services

Engaged Employer

First Command Financial Services reviews

4.4

87% would recommend to a friend

(126 total reviews)
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Mark Steffe

92% approve of CEO

88% positive business outlook

Reviews by job title

126 reviews

Reviews about "Compensation"

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2.0
Nov 4, 2014
Recommend
CEO approval
Business Outlook

Pros

Paid time off starts accruing immediately, which is a bonus over some places. They offer leadership training, but several managers will not allow their employees to participate. They have great programs like OZ and CASTLE but instead of having the professionals teach the courses, they have internal HR employees do it. You go to multiple full day courses, but each one is exactly like the previous, redundant. They possess tons of technology! Unfortunately they don't have the skills or the "formula for change" so they are not utilizing anything to the best of it's intended purpose.Office culture is pretty laid back, so going to work daily is not too stressful. Annual raises - don't get your hopes up too high, doesn't cover cost of living increase. First Command wants a feedback culture, meaning they intend to support an environment that allows open and honest feedback. This is good for employee growth, if used properly.

Cons

While they have several classes and opportunities for growth, as well as tuition reimbursement, most of the management discourages use of these, or in many cases, denies an employees ability to utilize these resources. Money is spent as if it were growing on trees for technology, supplies, training. After they do all of the spending, there is absolutely no follow through. Millions of dollars with nothing to show for it, nothing purchased is fully implemented afterwards someone will just purchase something else to do what they want. First Command has a "Family focus" but this is just in talking. When there is a situation or emergency, there is NO SUPPORT. Sending flowers does not make you family oriented. I have seen several women go through miscarriages, in each case the woman is expected at work until the time of their surgery, and then expected in the day following the "Procedure" as they call it in Human Resources. Donation of PTO is not allowed when serious circumstances should permit. It is against company policy. First Command has the biggest Business Information Services department (IT) I have ever seen in a not IT company. The turnover rate in BIS is worse than any IT department I have ever seen. Even senior management changes regularly. Positions are so hard to fill, that HR is offering double incentives if you can get someone in to be hired. All positions pay fair, but raises are below 3%. Feedback is a joke. Feedback is given to employees but never to management. Some managers severely lack in people skills, other managers feel that you cannot speak to them unless you are at their level or above. While it is well known that the management style of these people is unacceptable and causes turnover, it is ignored. If you have worked there more than a couple years, you are the way you are and people have to deal with it. If you are new, you must take whatever is given to you. In order to be promoted, you need an MBA, even if your bosses do not have more than a Bachelor's degree.

5.0
Sep 22, 2014

Life changing!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company mission is very easy to get behind - “Coaching those who serve in their pursuit of financial security.” The campus is beautiful. My coworkers are friendly and diverse. I enjoy growing and learning. First Command has provided ample challenges and rewards to compliment my personal development. The compensation structure is different here and I like it. A big part of First Command's investment philosophy addresses financial habits. The compensation structure here is the words in action: the benefits package emphasis saving for the future and encouraging responsible choices. The rewards are great for those that stay the course.

Cons

Career tracks have not always been clear, but something always seemed to develop that continued my growth. Deliberately developing leadership and management skills has also been underserved. Some decisions seem political and the communication around them spurs negative speculation from time to time. That being said, in the past year there have been some concrete steps toward remedying these items.

2.0
Aug 10, 2014
Recommend
CEO approval
Business Outlook

Pros

At one of the field offices there are not many pros. Corporate headquarters is very nice and may have benefits not available at small local offices.

Cons

Very hard to make good commissions without selling whole life policies. Some district advisors may have been great advisors but have been promoted beyond their ability, which creates bad district work environment. There seems to be a culture of malicious gossip among some district advisors and management at corporate.

Viewing 109 - 111 of 126 Reviews

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