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First Republic

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First Republic reviews

4.5

80% would recommend to a friend

(281 total reviews)
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Mike Roffler

58% approve of CEO

29% positive business outlook

Reviews by job title

281 reviews

Reviews about "Compensation"

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1.0
Dec 2, 2015
Recommend
CEO approval
Business Outlook

Pros

So many hot dog and pizza parties! What's not to love? Employees at this rcompany just love their hot dog and pizza parties over a fair wage, career growth and a work/life balance.

Cons

-Zero work/life balance. Employees work long hours as a badge of honor. -Too many office cliques. If you're not in one, be afraid. -Poor management. -Inadequate compensation. -Your annual employee review is based upon how closely they feel that you align with the company's corporate values. Way too much Kool-Aid drinking going on here.

3.0
Oct 29, 2015

A great company with huge flaws

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

First Republic has a good reputation as being a high net worth customer bank. The business units value their customers, which is really smart. First Republic has good benefits. They have a subsidized café run by Wolfgang Puck for employees, which is very nice. Jim Herbert is a great CEO and leader, but he’s only one guy.

Cons

Certain executives push their employees beyond their limits, making it difficult to manage work/life balance. Non-sales departments are VERY short staffed. Inefficient operational processes cause middle management burn-out. Support staff worked to death while sales people get bonuses and preferential treatments. Nepotism and favoritism is rampant especially among senior management. Loyalty is expected of employees but not reciprocated. No true HR functions, HR’s true purpose is to protect the company and senior management, not the employees. Managers are allowed to hire/ fire and promote based on cronyism rather than merit.

4.0
Jul 14, 2015

Good

Recommend
CEO approval
Business Outlook

Pros

Plenty of promotions along with lateral movement; groups are collaborative. Compensation is good but not great.

Cons

Given that FRB must adhere to the Federal Reserve, there isn't too much leniency.

Viewing 256 - 258 of 281 Reviews

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