MetLife

www.metlife.com
There are newer employer reviews for MetLife

3 people found this helpful  

Good learning experience, bad compensation program.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Financial Services Representative in Denver, CO
Former Employee - Financial Services Representative in Denver, CO

I worked at MetLife

Pros

Snoopy, flexible work & laid-back environment, good support during the first 19 weeks.

Cons

Most other financial services companies in the industry will pay between 45% and 60% of production with most office expenses paid for. However, MetLife takes half of the production and also charges all expenses to the agent after 3 years. This means that you, the agent, will pay for your office space per sq. feet, your laptop, network access, front desk lady, compliance, chair, postage, E&O insurance, state registration fees, federal registration fees etc. During my 3rd year, my net expenses totaled $22,000 (net out of pocket) just to work for MetLife. I had to PAY them to work there. The problem with this is that the average MetLife agent in 2009 across the US made a gross of $24,000 a year. This meant that the average agent had to use their credit cards to get by and eventually quit with a handful of debt. As long as you understand MetLife's program and what I wrote on here, it's a good experience.

Advice to ManagementAdvice

Be more agent centric with a better program.

No opinion of CEO

1066 Other Employee Reviews for MetLife (View Most Recent)

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  1.  

    Large company but opportunities for advancement limited. Work from home opportunities abound in IT.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Long Island City, NY
    Current Employee - Anonymous Employee in Long Island City, NY

    I have been working at MetLife

    Pros

    People count is a core value and it is taken seriously. Many employees have worked together for long periods so your reputation goes a long way towards getting things done.

    Cons

    Opportunities for advancement are limited. Long Island City is a growing but inconvenient location and pretty terrible still on the outside. This is offset by flexible work arrangements. Some management still needs to change.

    Advice to ManagementAdvice

    The primary reason why many people stay with Met is its flexibility with working arrangements and management respect towards employees.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Was awesome and now its changing.. The future is uncertain

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director in Somerset, NJ
    Current Employee - Director in Somerset, NJ

    I have been working at MetLife

    Pros

    Great Work Life Balance, Great Pay, Great People (when they are not afraid). Challenging work if you can get on the right projects

    Cons

    Lots of outsourcing, lots of change in Sr Leadership, promotions and movements can be unfair

    Advice to ManagementAdvice

    Get it together. Remember what make Met great.

    No opinion of CEO
There are newer employer reviews for MetLife

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