Daimler Financial Services

  www.daimler-financialservices.com
  www.daimler-financialservices.com
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Daimler Financial Services Reviews

Updated August 10, 2014
Updated August 10, 2014
7 Reviews
3.0
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Klaus Entenmann
2 Ratings

Employee Reviews

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  1.  

    very traditional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Credit Analyst  in  Fort Worth, TX
    Former Employee - Credit Analyst in Fort Worth, TX

    I worked at Daimler Financial Services

    Pros

    Fair to good benefits and compensation with a good 401k match program, relationship focused environment with many good managers and teams, on-site gym with trainers, good marketing and vision casting with pride in brand

    Cons

    Limited opportunities for advancement, outdated systems, slow to change, very political, seperate locations for US HQ and operations with almost all upper management coming from global HQ

    Advice to ManagementAdvice

    Move US HQ to the Fort Worth location. All of the operations are done in Fort Worth and having HQ there would further streamline the business and make it a better place to work.

    No opinion of CEO
  2. 1 person found this helpful  

    They work you until they no longer need you.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Collections Representative  in  Fort Worth, TX
    Former Employee - Collections Representative in Fort Worth, TX

    I worked at Daimler Financial Services

    Pros

    Being able to work for a prestigious, world-renowned brand and leader in the luxury car industry.

    Cons

    Hard work is not always equally rewarded, and not something that will always prevent you from being a victim during economic downsizing. However, knowing the right people seems to do the trick.

    Advice to ManagementAdvice

    Treat people better, and maybe they will be more inclined to want to stay here.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Ship without a rudder

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Fort Worth, TX
    Current Employee - Anonymous Employee in Fort Worth, TX

    I have been working at Daimler Financial Services

    Pros

    Great health benefits, 401k and compensation.

    Cons

    Management incompetence is overwhelming. Daimler’s culture promotes the advancement of those who “manage up” versus those who perform. Many of the department heads are literally unqualified to hold their current position and would be completely lost without their subordinates knowledge and experience. Cancerous infighting and backstabbing also permeates the management ranks. Moral is quite low as there are no strong, inspiring leaders in the organization.

    Advice to ManagementAdvice

    Regular rotation of middle and upper managers would expose those who are unqualified to lead. Promote based on knowledge and ability vs. politicians.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Great benefits, poor rewards.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Developer  in  Detroit, MI
    Former Employee - Senior Developer in Detroit, MI

    I worked at Daimler Financial Services

    Pros

    There aren't a lot of reasons to work for Daimler Financial Services. You do get a great benefits package, but that is about it.

    Cons

    Management seem totally blind to staff abilities and needs. Poor communication from senior management. Dodgy decision making. Poor financial rewards. Promoting staff to positions they can barely spell, let alone do effectively. Ignoring the advice of staff who do know what they are doing. No career progression. Never let you know when a good job had been done, and quick to tell you when a poor job had been done. Quite happy for you to give up all your free time for the company.

    Advice to ManagementAdvice

    Listen to the staff who know. Let your staff know what is going on and why. Reward staff appropriately. Punish staff accordingly. Backup your staff.

    Doesn't Recommend
    No opinion of CEO
  6.  

    Privileged overview of the automotive industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Stuttgart (Germany)
    Former Employee - Intern in Stuttgart (Germany)

    I worked at Daimler Financial Services as an intern for less than a year

    Pros

    Excellent working environment and work-life balance. Hours are also flexible.
    Interesting projects to work on.
    Most managers are very humble and approachable.

    Cons

    Training at the beginning of the internship could be better planned.
    Sometimes meetings are held in German even though some people do not speak it.

    Advice to ManagementAdvice

    Do not cut costs on the cafeteria, it affects employee morale.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Nice people and good pay in a corporate setting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - BA-Student  in  Berlin (Germany)
    Former Employee - BA-Student in Berlin (Germany)

    I worked at Daimler Financial Services full-time for more than 3 years

    Pros

    Company takes care of its employees, meals are great, office atmosphere is good, location is great

    Cons

    Low impact, climate a little stiff, corporate feel, little experimentation

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    It was a very interesting time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Employee  in  Stuttgart (Germany)
    Former Employee - Marketing Employee in Stuttgart (Germany)

    I worked at Daimler Financial Services as an intern for less than a year

    Pros

    Nice people. Very good working Atmosphere. Learned much about making templates for the European an Asian Marekets an communicate the marketing strategy. You get in contact witch many different marketing agencies and establish good business contacts.

    Cons

    Really big concern. Many administrative barriers to get some very interesting projects on the line.

    Recommends
    Positive Outlook

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