First Investors Corporation
3.0 of 5 167 reviews New York, NY 500 to 999 Employees

167 Employee Reviews (View Most Recent)

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4 people found this helpful  

Preys on Recent College Grads

Financial Services Representative (Former Employee)
San Jose, CA

Pros-Good Location
-Supportive managers
-Young Staff is fun

ConsToo many to list...Here are a few
-100 % commission--you get a % of a % of a %....essentially they are taking a huge chunk of YOUR hard work until you reach level 4
-In the interview process they make you think you can make so much money on commission and they tell you about convention and all the fun trips to avoid how horrible this job is
-They make you work 8 hours a day and expect you to be COLD calling every second with NO PAY
-They make you work weekends..again with NO PAY
-Must pay 1000$ plus (which you will never get back) for your license
-The paperwork process is so long, you don't get paid for months
-I am now in debt
-Make you get family members and friends involved, only to quit later
-Many people left after getting their license

Evaluate your options before taking this job. There are so many other options out there that at least pay you a base salary without working all day. You will be in debt before making any money at this company. I wish I knew that before I accepted the offer and wasted my time getting licenses I will never use.

After you leave they take all your clients and hard work and pass them off to new reps.

Advice to Senior ManagementBe competitive with other Financial companies by paying a base salary to give some incentive to employees.

No, I would not recommend this company to a friend

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    1 person found this helpful  

    Nice Staff--First Investors Corporation - Miramar, FL

    Registered Representative (Former Employee)
    Miramar, FL

    I worked at First Investors Corporation full-time for less than a year

    Pros: Nice staff. Always helpful and puts customer best senario… Cons: Needs modernization/uniformity of office desk, new breakroom appliances, furniture, and… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    3 people found this helpful  

    Great Opportunity

    Registered Representative (Current Employee)
    New York, NY

    I have been working at First Investors Corporation

    Pros: - Commissioned based jobs have higher payouts than salaried positions - bonuses on top of commission are generous - company provides a lot of travel incentives (in… Cons: - not everyone can work a commissioned based job - takes… Yes, I would recommend this company to a friend More
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First Investors Corporation – Why Work for Us?

First Investors has been serving the financial needs of people from all walks of life since the Company was founded in 1930. Using a face-to-face approach to investments and life insurance, our team of registered… Full Overview

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