Raymond James Financial

  www.raymondjames.com
  www.raymondjames.com
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4 people found this helpful  

Satisfied, but needs some improvement

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

I have been working at Raymond James Financial

Pros

No Micro-managing, management/supervisors are flexible and allow us to work from home when needed, good work-life balance. Team gets along well for the most part. There are many, many dynamic, driven and talented individuals at RJ, plenty of high-caliber mentors. My team is encouraged to get any license they'd like to obtain. Good support from leadership, company engages in community service initiatives, and is working to improve diversity. Good benefits, profit sharing (cheap 401k match though) health insurance, etc.

Cons

Pay is low, despite education and licensing. "Good old boys" mentality is rampant, but new leadership is changing that dynamic (albeit slowly). The general concensus is that anyone who went to the University of Florida walks on water; these people have established their own 'secret society' in which the choice positions and projects are reserved for "Gators". Middle management is an issue- many of them are older, have been at the firm over 10 years, are used to things being a certain way and are uncomfortable with change. Moving internally is difficult (unless, of course, you went to UF).

Advice to ManagementAdvice

Get rid of middle management, diversify those in charge, give people who DIDN'T go to UF a chance to grow at the company, too. Evaluate middle managers and the priviliges they give each other. FIX HR- the department is a mess. Other than that, I am very confident in the changes Paul Reilly will bring and has brought thus far. Very competent leadership.

Recommends
Approves of CEO

97 Other Employee Reviews for Raymond James Financial (View Most Recent)

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  1. 2 people found this helpful  

    It is a good place to work, but career growth and pay is limited

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

    I worked at Raymond James Financial

    Pros

    Raymond James is an established company, which can provide for a stable job. Their health insurance is pretty good. And they still are a growing company. They came out stronger after the 2008 downturn. People outside of RJ have respect for the company.

    Cons

    Since they are not on Wall Street, Raymond James knows they can get away with lower pay compared to other financial companies. Most of the departments give puny bonuses. Being serious, they hire too many old people that are extremely inefficient. In fact, it seems that efficiency is more often punished than rewarded. And they have a poor HR department. I'm not sure if HR departments at other companies are as disliked as they are at RJ.

    Approves of CEO
  2.  

    I enjoy working for Raymond James, but wish the company was more widely recognized by the general public.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Intern  in  Columbus, OH
    Current Employee - Intern in Columbus, OH

    I have been working at Raymond James Financial

    Pros

    Laid back corporate culture with a boutique approach to financial management.

    Cons

    Low name brand recognition and diversified operations

    Advice to ManagementAdvice

    Increased brand marketing and management is desperately needed

    Recommends
    Approves of CEO
There are newer employer reviews for Raymond James Financial

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