First Investors Corporation Reviews

Updated June 29, 2015
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3.6
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Recommend to a friend
Approve of CEO
First Investors Corporation President & CEO Bill Lipkus
Bill Lipkus
32 Ratings

Pros
  • The salary while on the training program is extremely helpful to keep you afloat (in 18 reviews)

  • This company opens the door for those hungry enough to succeed and make a lot of money doing something good for people (in 7 reviews)

Cons
  • No benefits because you're an independent contractor (in 17 reviews)

  • Push products to friends and family (in 9 reviews)

More Pros and Cons

109 Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Most Rewarding Job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Investors Corporation full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Creating your own schedule
    Supportive management team and regular training sessions
    Truly getting compensated on the amount of work you put in
    Solving financial problems for everyday households
    Getting rewarded by helping people not only from their personal gratitude but also financial compensation
    No salary limit

    Cons

    Long hours if you want to meet people in the evenings
    Putting on a good first impression with everyone you meet can become tiring at some points

    Advice to Management

    Keep up the good work! Working with you has only helped me grow as a person and as a career woman.

    First Investors Corporation Response

    Jun 17, 2015

    Your feedback is appreciated. It is always a pleasure to work with such incredible people here at First Investors. Being a current employee, we are grateful to have you as part of our team, and ... More


  2. Helpful (1)

    Financial Services Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Binghamton, NY
    Current Employee - Anonymous Employee in Binghamton, NY

    I have been working at First Investors Corporation full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Make my own schedule is nice

    Cons

    Prospecting and making phone calls

    First Investors Corporation Response

    Jun 30, 2015

    Thank you for your feedback. We appreciate you taking the time to share your experience at First Investors. Being a current employee, we are grateful to have you as part of our team, and share in ... More


  3. Stressful

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Representative in Walnut Creek, CA
    Current Employee - Financial Representative in Walnut Creek, CA

    I have been working at First Investors Corporation

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    open work schedule, great opportunity to succeed with hard work

    Cons

    no base pay, no base pay

    Advice to Management

    keep motivating employees

    First Investors Corporation Response

    Jul 1, 2015

    Thank you for your review. We encourage all employees, both former and current, to provide feedback whether it be positive or negative. First Investors is always looking to improve so we can ... More


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Interview Process Painstaking

    • Career Opportunities
    • Comp & Benefits
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at First Investors Corporation as a contractor

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great possibilities. Love the fact that you can go as far as you hard work will take you. You eat what you kill! Unlimited income potential.

    Cons

    Interview process is painstaking. HR and compliance moves at a snails pace.

    First Investors Corporation Response

    Jun 16, 2015

    Thank you for taking the time to write a review and provide insight on your experience with First Investors. Your feedback is appreciated. Thanks again for sharing your comment we will be sure to ... More


  6. The job has pushed me to be self accountable and learn to better communicate with people.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Lexington, KY
    Current Employee - Financial Services Representative in Lexington, KY

    I have been working at First Investors Corporation full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    As your practice builds, you can choose your own schedule. No income limitation, and the reward can be extremely high for sticking it out. The stipend helps as you pass exams and get more comfortable on your feet.

    Cons

    Starting up in this business is hard work. You get told no quite a bit, but you learn to live with it. Finding the people to sit down with is the hardest part. Long hours.

    Advice to Management

    Consistently encourage starting reps about what they are doing well. Teach them how to sell, not procedures.

    First Investors Corporation Response

    May 21, 2015

    Thank you for taking the time to write a review and provide insight on your experience with First Investors. We encourage all employees, both former and current, to provide feedback whether it be ... More


  7. financial advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Investors Corporation full-time

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    great job right out of college.
    Teach you a lot right out of college
    lots of young people and great customer service

    Cons

    Pay is not good and the hours that you work are not worth the amount of money you get paid.

    Advice to Management

    if you are not willing to work hard this is not the job for you. If you put the time and effort in this job will pay off.

    First Investors Corporation Response

    May 29, 2015

    Thank you for your review. We encourage all employees, both former and current, to provide feedback whether it be positive or negative. First Investors is always looking to improve so we can ... More


  8. Helpful (1)

    financial rep.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Investors Corporation

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Not much to like. They trick you in the interview process by showcasing their company as somewhere you can grow and prosper.

    Cons

    100% commission based. Could no succeed.

    First Investors Corporation Response

    Jun 17, 2015

    Thank you for taking the time to write a review and provide insight on your experience with First Investors. Financial services is one of the few industries where there is no limit on an ... More


  9. Decent Training, Too many new hires

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at First Investors Corporation

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good training and licensing program, fun work envirnment

    Cons

    Churn through hires, too much focus on growth and not enough on retention, you learn about 401(k), yet there are no benefits with being a rep.

    Advice to Management

    Focus more on retaining the good employees that you have

    First Investors Corporation Response

    May 21, 2015

    Your feedback is appreciated. Turnover is a part of any business, and is generally found to be more frequent in the financial services industry. However, at First Investors we strive to see each of ... More


  10. It's a challenge

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Financial Services Representative
    Current Contractor - Financial Services Representative

    I have been working at First Investors Corporation as a contractor (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    The work is worth it in the long run
    You help people

    Cons

    Takes patience, persistence, will to work hard enough to succeed
    like most things worth while it isn't easy

    Advice to Management

    maintain stance on quality hires
    continuously improve

    First Investors Corporation Response

    May 13, 2015

    Thank you for your review. We encourage all employees, both former and current, to provide feedback whether it be positive or negative. First Investors is always looking to improve so we can ... More


  11. Good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Investors Corporation

    Approves of CEO
    Approves of CEO

    Pros

    Feels like a family, nice coworkers, loyal employees, very stable

    Cons

    Below average overall compensation and benefits

    First Investors Corporation Response

    May 13, 2015

    Thank you for your positive review and feedback. It is always a pleasure to work with such incredible people here at First Investors.



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