First Republic (CA)

  www.firstrepublic.com
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First Republic (CA) Reviews

Updated May 14, 2014
All Employees Current Employees Only

3.1 53 reviews

92% Approve of the CEO

First Republic (CA) Chairman and CEO James H. Herbert II

James H. Herbert II

(36 ratings)

56% of employees recommend this company to a friend

Review Highlights

Pros
  • Great location (if you're in SF), excellent customer service levels(in 5 reviews)

  • Great company, great people, great food at discounted price(in 4 reviews)


Cons
  • flat hierarchy but massive preference from upper management to workers that they "like"(in 4 reviews)

20 Employee Reviews Back to all reviews
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    Administrator

    Anonymous Employee (Current Employee)

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

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

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

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

    IT Engineer (Current Employee) San Francisco, CA

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

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

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

    1 person found this helpful  

    Budget cuts and unqualified workers create uneasy work climate

    Anonymous Employee (Former Employee)

    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 Senior ManagementHigher 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.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Private Wealth Management

    Senior Loan Support Specialist/Underwriter (Current Employee) New York, NY

    ProsRockcenter, Christmas Tree, cafeteria, shopping

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

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    3 people found this helpful  

    Not what I was led to believe

    Anonymous Employee (Current Employee) San Francisco, CA

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

    ConsEmployees 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 Senior ManagementPlease 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.

    No, I would not recommend this company to a friend

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    • No Opinion of CEO

    1 person found this helpful  

    Great employees to work with but lots of politics with upper management.

    Anonymous Employee (Current Employee)

    ProsFriendly and down to earth co-workers. Less red tape, easier to get processes moving since the bank is still fairly small for the amount of business they generate.

    ConsLots of kissing up to upper management. You are constantly being watched and judged whether you know it or not. Employees do at least double the work but do not necessarily get paid for it compared to other banks. Technology is getting better but still lags behind some competitors.

    Advice to Senior ManagementFRB has had a reputation of being a small private bank that values each employee. This is becoming less and less apparent as the bank is grows.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • No Opinion of CEO

    1 person found this helpful  

    Definitely In or out of the group

    Anonymous Employee (Current Employee) San Francisco, CA

    ProsLocation.Some great people, if you actually get to meet them

    ConsNot much growth. A little stuck in the 80s

    Advice to Senior ManagementLess micromanaging. But this comes from the top and seems to be at every large company.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    FRB is a great place to work if you are complacent, but...

    Analyst/Associate (Current Employee) San Francisco, CA

    ProsI have worked for 3 departments at the bank and I've been lucky to have very laidback, supportive managers -- however, not everyone at the bank has a great manager. Other pros include:

    - Eagles Cafe
    - If you like to drink and party, you'll love it here
    - Compensation in some departments are generous (other departments are underpaid)
    - Flexible work schedule -- again, only in some departments
    - Strong customer service
    - Great marketing

    FRB is a great place to work if you are complacent - but for highly motivated individuals who want upward mobility, there are better opportunities.

    Cons- Stagnant jobs, unchanged career path, little room for growth
    - Not many well rounded employees -- maybe not in all departments
    - The work is not stimulating, a lot of data entry or work that requires little/no thought
    - Office politics and mediocre employees
    - People are quick to throw you under the bus
    - Lack/absent of knowledge, management, and leadership skills from Senior Management
    - Poor organization structure and no processes in place
    - OT may get rejected
    - Gossip and drama

    Advice to Senior Managementhire better managers and executives, develop young employees, and encourage feedback from your team

    – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    Feels like stepping back into the eighties, but good prospects and benefits for staff

    Anonymous Employee (Current Employee)

    ProsGood work/life balance, aggressive, well-funded growth strategy, opportunities for advancement, stable employer, excellent benefits.

    ConsStrange organizational structure - organizational units very independent of each other, which sounds cool but means systems fragmentation and repetition. Somewhat Balkanized. Feels like it needs some fresh blood and modernization. Senior management team fundamentally unchanged for 25+ years.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Approves of CEO

     

    Not a bad place to work, but has some issues

    Anonymous Employee (Current Employee)

    Pros- work hours are reasonable, good work/life balance
    - they do reward and appreciate employee hard work
    - the pay is pretty good
    - customer service is their biggest strength

    Cons- too much politics
    - there are far more middle level managers than there are people actually getting the work done
    - very restrictive IT processes
    - some employees are mediocre and can get away with it

    Advice to Senior Management- cut down on middle level managers
    - hire better managers and executives
    - get rid of mediocre employees

    – I'm optimistic about the outlook for this company

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