Amscot Financial

  www.amscotfinancial.com
  www.amscotfinancial.com
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Amscot Financial Reviews

61 Reviews
2.9
61 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Amscot Financial CEO Ian MacKechnie Sr.
Ian MacKechnie Sr.
36 Ratings
  1. 1 person found this helpful  

    Easy job with great co workers

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

    I have been working at Amscot Financial full-time for less than a year

    Pros

    the daily things you do are very routine, and simple to grasp. you get lots of hours, with regular over time. there seems to be lots of room for growth and advancement. there are lots of checks and balances, so its really hard to screw up. it stays busy so the day goes by fairly quickly.

    Cons

    sometimes I don't get to eat. ive learned to bring snacks to eat between customers, and drink lots of water to stay full, but a designated lunch time would be wonderful. we are on our feet for 8-10 hours a day, making you a profit on average of $500/day per associate, I don't think that asking for the ability to sit down and eat for 30 minutes is requesting much. Also, there isn't much incentive to move up. The opportunity is there, but you only get a .50 cent raise, with a lot more responsibility and hours. I know AL's who would make beautiful Co leaders and Branch Leaders, but wont do it due to low incentives. Sick days would be wonderful too.

    Advice to ManagementAdvice

    Stop advertising that you still give gift cards and personal days during week one training, because they are no longer given, at least in the Orlando area. I was very disappointed. What is the point of meeting these weekly/monthly goals, if there is no reason to?

    Recommends
    Positive Outlook
    No opinion of CEO

Amscot Financial Interviews

Updated Aug 26, 2014
Updated Aug 26, 2014

Interview Experience

Interview Experience

62%
29%
8%

Getting an Interview

Getting an Interview

79%
16%
1%

Interview Difficulty

2.3
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Financial Services Associate Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I applied online. The process took 6 days - interviewed at Amscot Financial.

    Interview Details

    You interview with a recruiter/interviewer that strictly does that for a living. The person you interview with will NOT be your boss. You interview and they give you a basic math test that you must complete without a calculator and be scored on. After that they ask pretty standard interview questions and ask about hours and availability (which basically need to be any time). If you pass this interview they will schedule a drug test and then call to offer you the position if you passed all the steps. The pay is $14/hour, but you may be ale to negotiate $14.50. After that, you go to a group training class with the other new hires to learn procedures, practice counting out money, etc. You are paid minimum wage for the week of training. Your normal pay starts on Day one of work at your designated location (which can be pretty much anywhere in the district, and may change).

    Interview Questions
    • Name a time when you had to deal with a conflict and how you resolved it.   Answer Question
    Negotiation Details
    I negotiated a $0.50 cent offer increase due to having a college degree (recent graduate). This was in 2010 when the economy was pretty rough. They have a pay range and the worst they can do is say no, so it does not hurt to ask.
    Accepted Offer
    Neutral Experience
    Average Interview

Amscot Financial Awards & Accolades

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Additional Info

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Website www.amscotfinancial.com
Headquarters Tampa, FL
Size 50 to 149 Employees
Founded Unknown
Type Company - Private
Industry Finance
Revenue $5 to $10 million (USD) per year

In need of cash in a flash? Through a branch network, Amscot Financial offers financial services such as check cashing, money orders, credit and debit cards, and cash advances. The company gives customers cash up front for payroll, bank, insurance, and personal checks. Amscot's branches throughout Florida also provide ATMs, notary, fax, copies, and postal services, as well as prepaid debit cards and prepaid wireless phone minutes from carriers including AT&T and Verizon. In addition, Amscot Financial offers tax help and collects bill payments (cable, electric, phone... More

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