First Republic (CA)

  www.firstrepublic.com
  www.firstrepublic.com

First Republic (CA) Reviews

Updated October 11, 2014
Updated October 11, 2014
80 Reviews
3.2
80 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
First Republic (CA) Chairman and CEO James H. Herbert II
James H. Herbert II
56 Ratings

Review Highlights

Pros
  • Co-workers are extremely competent and focused on customer service both internal and external (in 6 reviews)

  • Eagles cafe, good working environment, some great people to work with (in 5 reviews)


Cons
  • No work life balance, it is almost frowned upon if you only work an 8 hour day (in 4 reviews)

  • Budget cuts interfere with department goals while upper management continues to pressure for results (in 6 reviews)

More Highlights

25 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Successful Bank, No Work Life Balance, and Poor Hiring Standards of New Management

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

    I have been working at First Republic (CA) full-time (more than 3 years)

    Pros

    -Supportive manager who drives me to excel and succeed
    -Growth potential for those willing to work hard
    -Subsidized cafe
    -Co-workers are supportive and caring

    Cons

    To be honest, there is absolutely no work life balance for individuals who are successful at what they do. The organization is mixed with people who give up their life for the company and with people who work less then an 8 hour day. This can be extremely frustrating if you are one of the individuals who is consistently working a 10-15 hour day.

    Advice to ManagementAdvice

    Provide more benefit perks to your employees. You expect a lot of your employees, thus you really should take the time to give more back if possible. Hard working employees spend most of their time at work so it would be nice to reward them with better perks. Additionally, there is so much focus on the new and shiny that management often forgets about some of the groups that help keep the lights on and the people that have been loyal to the company for years. The bank has changed so much since i started and I don't know if it's for the best. The growth is wonderful, but the people are just not the same. We used to focus on hiring collaborative, smart self starters, but now we seem to only self serving individuals who are only interested in sucking up to the next "golden child" of the bank.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Very successful and rewarding bank, wonderful and great team, however poor management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Accountant in San Francisco, CA
    Former Employee - Senior Accountant in San Francisco, CA

    I worked at First Republic (CA) full-time (more than 10 years)

    Pros

    The people who work in this department are hard working, smart, and the employees share a common goal to provide excellent service among their colleagues, PBO, and always assisting the bankers/branches. There is always opportunity to set yourself apart and take initiative, management will never stop you from doing good work just because its not part of your responsibility. Also, knowledgealbe co-workers and great team that always support you.

    In addition, employees are extremely grateful that lunches are subsidized at the Eagle Cafe.

    Cons

    I been with the bank for 10 years plus and there is not really a set career path for most employees. For example, for someone who is looking for a career progression or to climb a career ladder will not be satisfied to work here. You are responsible to always create your own opportunities and pave your own way to not care about titles in your department.

    Also, adjusting to growth and maintaining the desired culture fit can be a struggle. For example, if you are someone that is willing to put on a mask at work on a daily basis and spend the time in office politics and complaining, this isn't a culture fit for you. Micro-management is very strict in this department which makes you wonder why there are so many turnovers this year. Hours are not as flexible because being on time at work is strictly enforced. Exempt employees have to meet the 8 hours shift on time on a daily basis and sometimes you have stayed over time depending on the workload.

    Advice to ManagementAdvice

    Please trust your team and stop micro-management style environment. It makes it difficult for peers to approach management for questions or even for a quick chat. Hope that management will focus more on career development for the team than their personal business.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Only my second day

    Current Employee - Deposit Operations in San Francisco, CA
    Current Employee - Deposit Operations in San Francisco, CA

    I have been working at First Republic (CA) as a contractor (less than an year)

    Pros

    too new to figure out the pros but the "managers" are super chill and the kitchen has a keurig machine so its cool if you are a coffee drinker. The cafe is subsidized which is nice, only $3.50 for a nice lunch.

    Cons

    new position in deposit operations and it is VERY unorganized. I have a lot of input to improve the training.

    Advice to ManagementAdvice

    I have a lot of input to improve the training.

    No opinion of CEO
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  5. 2 people found this helpful  

    No Communication

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Engineer in San Francisco, CA
    Current Employee - IT Engineer in San Francisco, CA

    I have been working at First Republic (CA) full-time

    Pros

    Employee Benefits, Food Discount, Get to Travel, Perks of getting an account opened.

    Cons

    Lack of communication from Management to Employees. The lack of communication makes it frustrating to work in such a tense and hostile environment that was created by upper management.

    Advice to ManagementAdvice

    How about writing items in your book? And just maybe discuss items that will occur to your employees. That's why the IT Infrastructure has went downhill.

    Recommends
    Negative Outlook
    Approves of CEO
  6. 3 people found this helpful  

    A good place to work, plenty of room for growth.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Collateral Specialist in San Francisco, CA
    Former Employee - Collateral Specialist in San Francisco, CA

    I worked at First Republic (CA) full-time (more than 5 years)

    Pros

    This company supports it's employees very well. During the time I was at this company every issue I took to managers and the HR team was dealt with care and diligence. The working environment is up beat and invigorating. As far as benefits, for the time I was there, salaries were competitive, time-off standard and the perks kept getting better and better (in house cafe, commuter program, etc.)

    Cons

    During my time I saw many instances of nepotism. Family members and friends seemed to race from intern to loan officer amazingly quickly.

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Administrator

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

    I have been working at First Republic (CA)

    Pros

    Relaxed environment, good resources, strong culture, good customer service, caring customer front.

    Cons

    Not a lot of communication, doesn't seem very easy to grow.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    It's not just a job, but an adventure!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Engineer in San Francisco, CA
    Current Employee - IT Engineer in San Francisco, CA

    I have been working at First Republic (CA) full-time (more than 5 years)

    Pros

    If you make the right people happy, you'll stay a long time.

    Cons

    Very political atmosphere. You may very well have to train your superiors.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 3 people found this helpful  

    Budget cuts and unqualified workers create uneasy work climate

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

    I worked at First Republic (CA) full-time (more than 3 years)

    Pros

    -Some great, kind, intelligent people work for this company
    -Located in the Financial District of SF
    -Medical and 401k benefits are great, but not much else is offered
    -The company has a decent amount of events (holiday, employee benefitting events, recognitions)
    -Down-to-earth, mindful of local pop-culture

    Cons

    -Many workers not qualified or the best available for the jobs they do and ineffective employees
    -Hire a lot of cheap work, many employees have terrible communication and critical thinking skills as well as poor work ethic
    -Budget cuts interfere with department goals while upper management continues to pressure for results
    -Typical Corporate America popularity contest hierarchy
    -Salaries are average, raises given for performance are scarce and insignificant, a lot of "title promotions"
    -Employee facilities are outdated, many departments are forced to pack employees into confined areas while while executive floors often remain empty for weeks during moves

    Advice to ManagementAdvice

    Higher younger brighter employees who are educated and personable. Reform the selection process and offer better benefits which improve employees lives. Grow your valuable employees and get rid of those who are ineffective.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Private Wealth Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Loan Support Specialist/Underwriter in New York, NY
    Current Employee - Senior Loan Support Specialist/Underwriter in New York, NY

    I have been working at First Republic (CA) full-time (more than an year)

    Pros

    Rockcenter, Christmas Tree, cafeteria, shopping

    Cons

    its not always what you know, its who you know.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  11. 4 people found this helpful  

    Not what I was led to believe

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

    I have been working at First Republic (CA) full-time (more than an year)

    Pros

    Great location (if you're in SF), excellent customer service levels

    Cons

    Employees are not treated as well as the customers are, too many politics, egos, and micromanagement.

    I was sold a very different experience than I found to be true once I started working here. Some of the things I was told were true (like how they treat customers and that client service is paramount), but there's more red tape, politicking, egomaniacs, and gossiping behind the scenes. My immediate team is great, but after some of the stuff I've seen, I don't trust anyone else at the bank. They say they're a "flat organization" but that's not really true - there's still a class system in the ranks. This has only gotten worse as the company has grown.

    When all is said and done, it's still a bank. Better than BofA or Wells, but maybe a bank is a bank.

    Advice to ManagementAdvice

    Please try to ferret out where things are not being done in accordance with how you preach for things to be done and people to be treated. Have more skip-levels and invite honesty with anonymity.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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