eFinancial reviews

3.3

61% would recommend to a friend

(300 total reviews)

James E. Hohmann

65% approve of CEO

65% positive business outlook

eFinancial has an employee rating of 3.3 out of 5 stars, based on 300 company reviews on Glassdoor which indicates that most employees have a good working experience there. The eFinancial employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

300 reviews
2.0
Jun 16, 2014

This place is a joke sometimes...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great co-workers Work-life balance You will meet some really awesome people here, a lot are very conversational and outgoing. Breaks are encouraged and you have a lot of autonomy on your workload.

Cons

"Glorydays" syndrome: Everyone talks about how much better the pay used to be before they got bought out by Fidelity and moral is low. Management doesn't always take problems seriously, but these very problems are the ones that inhibit bonuses regardless of hard work. They tell you to keep working around them, but they remain nonetheless and affect your pay directly when there's nothing you can do to solve it. Very Frustrating.

3.0
Apr 22, 2014

Great company if you're in sales

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Professional but fun and somewhat laid back atmosphere. This is a job you can leave at the office when you clock out at the end of the day, which is always a plus. They host some fun activities and employee events which are always appreciated. Most management has a very liberal open-door policy and if they're in the office and not in a meeting. They treat their sales department very well with contests and incentives. They do offer room for growth, though it is limited in most areas and non-existent in a few.

Cons

If you don't work in sales you're considered to be the bottom of the heap and don't get the opportunity to earn any rewards. In sales they encourage and defend questionable and sometimes illegal sales practices which is even worse when you consider they're selling people life insurance and they may not realize they were duped until after they've paid or, worse, until their family needs to collect and can't. The other departments are rarely recognized for the work they do to help those sales agents meet their goals and they can put up with a lot of abuse. The benefit package is horrible, especially if you have a family as the amount you'll pay per paycheck will more than quadruple if you want to cover a spouse or a child (god forbid your whole family). Some departments could use more attention, more resources and more organization.

2.0
Apr 14, 2014

Inconsistent management

Recommend
CEO approval
Business Outlook

Pros

as long as you are meeting your numbers the managers leave you alone

Cons

Managers are not open to feedback. So much that employees are afraid to come to them with concerns. the managers seem like they don't care about their employees.

Viewing 262 - 264 of 300 Reviews

Glassdoor has 305 eFinancial reviews submitted anonymously by eFinancial employees. Read employee reviews and ratings on Glassdoor to decide if eFinancial is right for you.