Raymond James Financial reviews

4.0

80% would recommend to a friend

(2,486 total reviews)
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Paul C. Reilly

89% approve of CEO

75% positive business outlook

Raymond James Financial has an employee rating of 4.0 out of 5 stars, based on 2,486 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Raymond James Financial 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
1.0
Jun 10, 2019
Recommend
CEO approval
Business Outlook

Pros

Salary and benefits, honestly great

Cons

My time at RJ was, in short - strikingly similar to the film Office Space. The culture is one of the most deplorable you can imagine. Management is an utter disgrace in terms of respect, training, career guidance, and aptitude. HR is so compliance-driven when my issue of harassment was brought to light, not a thing happened. You are truly a number, and are very replaceable. This is made evident from day 1. If you are a young male with a relevant degree, have a successful family member in the financial world, or are enough of a good-old-boy to make it by, you'll do fine.

3.0
Jul 5, 2022
Recommend
CEO approval
Business Outlook

Pros

- Typically the starting pay is pretty good. - Good leadership among the IT SVPs and managers, as most of them have been around for decades. - Has a good culture around training and education. It's a good place to learn about other areas of IT. - They have a pretty conservative culture which typically means good job security. As a company they do not make any rash decisions that may impact the bottom line. Financial security is top of mind for them with over 125 consecutive quarters of profitability. - Lots of opportunities to connect to other associates (e.g., clubs and organizations, events...etc.)

Cons

- Bonus/raise/promotion structure is laughable, at least when you're starting out. Promotions and raises are usually reactionary to someone wanting to leave or find work on another team. To get a significant raise you will need to internally switch roles. - Current PTO structure is awful compared to the IT industry and financial industry. 10 days of vacation a year until you've been with the company for three years, after which you get 15 days of PTO until you've been with the company for TEN YEARS. - Hard to keep younger talent because of the compensation system. - IT is 5-10 years behind the industry based on the systems, processes, and technology they have in place. This is partly due to their conservative culture.

1.0
Dec 20, 2019
Recommend
CEO approval
Business Outlook

Pros

None - benefits are terrible , out of Raymond’s James Competitors, they rank 9 out of 10. You can’t even choose what you invest in, 401k match is terrible. Senior Managers and VP’s are so overwhelmed, they probably won’t remember your name and what you do for the company. Their annual pay raises are less than 2 %, wages are low compared to similar businesses in the area but they have money to refurbish the bathrooms and hire endless « senior « manager and senior VP’s.

Cons

Outdated policies, less local hires but they increased contractor hires. They have hired so many « senior » managers and « senior » VP’s. They have forgotten to take care of their team. The place was great when I first started, now it’s another terrible, toxic, corporate environment. Don’t waste your time, it’s only good if you’ve been there 20 years. No promotions, no pay raises that keep up with inflation. You typically will not get promoted and you will not be able to transfer

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Glassdoor has 2,958 Raymond James Financial reviews submitted anonymously by Raymond James Financial employees. Read employee reviews and ratings on Glassdoor to decide if Raymond James Financial is right for you.