Bankers Financial

  www.bankersfinancialcorp.com
  www.bankersfinancialcorp.com
Work in HR? Unlock Free Profile

Bankers Financial Reviews

Updated September 27, 2014
Updated September 27, 2014
13 Reviews
2.6
13 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
John Strong
3 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Mediocre

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

    I have been working at Bankers Financial full-time for more than 3 years

    Pros

    The little stuff such as event planning, company picnics and recognition company wide.

    Cons

    The middle management team leaves much to be desired. Depending on the department you are in, middle management tends to forget where they started. Reviews for performance are again mediocre depending on the department you are in. Some of the management tends to be two faced in conversations with there employees. They say one thing to yur face and another when reviews come around on paper.

    Advice to ManagementAdvice

    Consider training your management team at all levels. Not just on the job and grooming while in those positions, really train them.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Complete dismay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Prefer Not to State  in  Saint Petersburg, FL
    Former Employee - Prefer Not to State in Saint Petersburg, FL

    I worked at Bankers Financial full-time for less than a year

    Pros

    The people who do the work

    Cons

    What they "sell" you in the interview is not at all what you're signing up for. This company lacks internal controls, roles are unclear, processes not documented, and C-level executives lack the experience and skills needed to manage and lead their areas. There is no work-life balance. You are told to question things, express your opinion, ask why - but when you do, you are stifled and your escalations and concerns go unanswered and unresolved. I left the company because of these issues.

    Advice to ManagementAdvice

    Hire a real CIO who will put Vendor Management, Project Governance, Change Control, Release Management, etc. in place. The current one has been there for two years and none of that exists. Put a formal vendor selection process in place, including contracting that follows COBIT standards. Insist that all of IT and the company follow the SDLC and get control of that renegade Development shop. Don't set implementation dates or budgets until Requirements are done. Measure stuff so that you can tell what your desired state metrics are. Don't stifle people you hire to fill skill gaps. Don't hide risks and issues from your peer C-level leaders.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Since I began working for Bankers Financial Corporation, I have had a wonderful experience.

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

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

    Pros

    Great Company Culture
    Strong Values
    Friendly Family-Oriented Environment
    Synergistic Teams
    Down-to-Earth Executive Team
    Continued Education Opportunity
    Opportunities for Advancement Within the Organization

    Cons

    I am sure there are cons, as with any company, but I have not experienced anything negative. I have the best work/life balance that I have ever had in my career. The company saw my potential and in a short time promoted me. I am extremely pleased with my team, my manager and my compensation. As I said, nothing negative here.

    Advice to ManagementAdvice

    My advice to management is to keep moving in the direction we are headed. I am thrilled to be a member of the team at Bankers Financial Corporation. In the past 15 years, I have never had the opportunity to work with such a dynamic team. I am grateful for the opportunity.

    Recommends
    Positive Outlook
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    difficult changes showing positive results.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Saint Petersburg, FL
    Current Employee - Manager in Saint Petersburg, FL

    I have been working at Bankers Financial full-time for more than 10 years

    Pros

    New management team in last 24 months...brought new ideas and energy to restructure company

    Better management communication....open about financial results and focus of company

    Moral getting better and management listening to employees better. Semi annual reviews and employee education plans now in place.

    Benefits much better and no premium increase in 2014.

    Cons

    New management team in last 24 months...some traditions and ways of doing things discarded.

    Long term employees leaving due to changes. Some line managers slow to accept change.

    Would like to see more executive interaction with employees.

    Advice to ManagementAdvice

    I have been with a Bankers company for over 10 years, A lot of changes that were hard to understand at first. This created some unhappy employees with many new managers and executives. Company has turned the corner and new people and ideas are working. Moral hight with new people, but some long time employees having trouble with the new way of doing business. Future looks bright

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Growing, exciting, with huge potential. Made the turn and definitely headed in the right direction.

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

    I have been working at Bankers Financial full-time for more than a year

    Pros

    Innovation culture, unique business strategies that are changing the insurance business for the better

    Cons

    New ideas and opportunities sparking some resistance to change

    Advice to ManagementAdvice

    Share the vision of the future with employees at every level

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Would be your worst job move ever.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Saint Petersburg, FL
    Former Employee - Anonymous Employee in Saint Petersburg, FL

    I worked at Bankers Financial full-time for more than 5 years

    Pros

    I cannot think of one positive except for good people at the non management level.

    Cons

    Incompetent people at the highest level. Their recently appointed Chief HR officer only has an associates degree from some 2 year community no one has heard and no practical HR experience. This is not he exception.

    Advice to ManagementAdvice

    Don't waste your time trying to tell them anything. David Meehan is no longer the CEO. The current CEO is the son-in-law of the owner. He was a MD for 30 years so as most doctors, he can do anythng.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Bankers is a bad company

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

    I have been working at Bankers Financial full-time for more than 8 years

    Pros

    flexible schedule, hard working associates

    Cons

    You have doctors and lawyers running the company and lack business experience they are laying off all the time and outsourcing to India. They treat their interns better than employees and don't care about employees only about making money.

    Advice to ManagementAdvice

    your associates know more than you think.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Out of touch

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

    I have been working at Bankers Financial full-time for more than 10 years

    Pros

    SOME flexibility with work schedule but long hours seem to be expected

    Cons

    They are outsourcing a division of the company to India. So be careful as long term outlook is gray. Pay scale is on the low end. Good luck getting time off around any holidays

    Advice to ManagementAdvice

    Encourage executive level to mentor and develop associates. Less micromanaging

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Don't do it

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

    I have been working at Bankers Financial full-time for more than 3 years

    Pros

    As this is a small company, you might be able to get broader experience than at a larger firm, as people have to pitch in on a lot of projects.

    If it's a short commute and you're desperate, consider negotiating for a contract position.

    Cons

    Bankers Financial Corporation is a revolving door, from the executive suite all the way down.

    The workload is heavy, and they hold layoffs regularly. Expect overworked leaders unhappy about the lack of resources.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Poorly Run organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Executive Vice President  in  Saint Petersburg, FL
    Current Employee - Executive Vice President in Saint Petersburg, FL

    I have been working at Bankers Financial full-time for more than 5 years

    Pros

    Lots of leeway to make an impact

    Cons

    Managers with no education or experience, Owner/President run Good ol' Boys Company...

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

Bankers Financial Photos

Bankers High Prom - Employee Appreciation Week

+ Add Photo

Worked for Bankers Financial? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.