Grow Financial Credit Union

  www.growfinancial.org
  www.growfinancial.org
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There are newer employer reviews for Grow Financial Credit Union

1 person found this helpful  

Chearleaders welcome; integrity and loyalty not appreciated.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  Tampa, FL
Former Employee - Anonymous Employee in Tampa, FL

I worked at Grow Financial Credit Union

Pros

Salary and benefits package is good. Hours are reasonable. If you are looking for a JOB and not a career you should be satisfied for a while.

Cons

Dealing with the complete lack of communication within the organization. Knowing that no matter how well you do your job, you will recieve no recognition. Having to be careful of who you speak to and constantly monitoring yourself to be sure you can't be accused of being "negative" or "not a team player". Chearleaders are welcome. Professionals with ethics, integrity. desire to improve the work environment and actually serve the membership need not apply.

Advice to ManagementAdvice

Get out of your secluded tower and talk to your employees. Quit relying on what the middle management tells you - they tell you what you want to hear. Go back to an open door policy. Remember how things were when you first joined MFCU. How high morale was the first few years of your "reign" - when employees mattered and gave their very best because they were proud of where they worked and knew that they were an important part of the "team".

Doesn't Recommend
Disapproves of CEO

11 Other Employee Reviews for Grow Financial Credit Union (View Most Recent)

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  1.  

    B players talk the talk, but manage a command-and-control 20th century culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Training  in  Tampa, FL
    Former Employee - Training in Tampa, FL

    I worked at Grow Financial Credit Union

    Pros

    Secure career for those who keep quiet and do their job

    Cons

    Rigid environment. Employees disappear quicky if they disagree with policy, speak up or step outside the command-and-control culture

    Advice to ManagementAdvice

    Retire. Stop playing politics and power games, and give members value for their money instead. Move into the 21st century.

    Doesn't Recommend
  2.  

    Bleak outlook.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Grow Financial Credit Union

    Pros

    - Hires excellent people
    - Decent pay off the bat
    - Gym on-premises
    - LGBT-friendly
    - Tuition reimbursement

    Cons

    - Pay raises are abysmal (average ~0.20 per year for high-performing employees in lower-level positions, often below inflation levels)
    - Upper and middle level management routinely make decisions that impact the day-to-day lives of the gears of the company without regard for the people whose lives they will impact
    - Mid-to-upper management sometimes treat lower-level employees like children; very highschool-like atmosphere in some environments more so than others
    - Pervasive "don't like it? Leave" attitude towards employees
    - No incentive for performance other than sales performance; back-office employees get the shaft here
    - Unrelated college degree > experience in determining who can apply for promotions, despite the company's own training system advising against this practice
    - Poor communication from management

    Advice to ManagementAdvice

    Communicate more. Often times, big changes are made and only a small fraction of the workforce is aware of it. Too often, changes are discovered through word-of-mouth as opposed to official communication. Promote from within when viable candidates are available internally. Quit requiring X number of years experience in a specific function for an employee to qualify for advancement; it ensures no one actually develops a career with the credit union if you are not willing to allow for any training but for entry-level positions. Analyze your annual raise system and really look into whether it is actually an incentive for performance as you seem to hope it is. Management bonuses are tacky when you cancel bonuses for the rest of the company and lower raises. Make an effort to understand why employees are quitting en-masse. Morale is the lowest I've ever seen it. Grow is hemorrhaging excellent, tenured employees and does not seem to care.

    Doesn't Recommend
    No opinion of CEO
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