Raymond James Financial

  www.raymondjames.com
  www.raymondjames.com
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Opportunities for the Persistent and Innovative

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

I worked at Raymond James Financial

Pros

Raymond James is a large well known company in Florida and commands plenty of name recognition. The culture provides a good work/life balance that trancends into the community. The diversity allows opportunities throughout the organization especially as numerous inefficiencies still exist resultant from its recent and continued growth.

Cons

Raymond James headquartered in Florida allows it to be less competitive with regard to total compensation. A long term committment should still be rewarding.

Advice to ManagementAdvice

Senior management is aware of the departmentlized environment that has existed. Even though efforts have been made to break down some walls, a solid plan has never been formalized and made a corporate priority.

Recommends
Approves of CEO

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

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  1. 1 person found this helpful  

    Levels of satisfaction depend on what department you work in.

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

    I worked at Raymond James Financial

    Pros

    It is a large company and the association of working with such a place can be good. People in the area know about RJ . The resources at the company are quite comprehensive; if you are interested in learning more about the financial industry you can do so. Many employees will open their own personal brokerage accounts and even participate in trading; they have the expertise and guidance of the Employee Trading/Service Desk to help them along with certain things.
    There are a lot of seminars and groups cater to certain interests, such as Women at Work or the Weight Watchers at Work program. The employees there get along rather well and the security is friendly. The building itself is nice enough, it is not over the top luxurious but there are constant upgrades and improvements being made for the sake of safely and comfort.
    The benefits package is excellent; dental, vision, health, 401K, stock sharing plan, etc.

    Cons

    It depends on which department you work in; the income producing departments have much better experiences, in departments such as Customer Operations, the comfort dramatically declines. The "cubicles" are split among 4 people and that work space can be crowded. The chairs were not comfortable - no head/neck support - and my foot rest was an old cardboard box that was leftover from a supply room. The office machines are breaking on a fairly regular basis and the kitchen/bathroom facilities can be a bit offensive. This just should not be the case in a company as large, and with as many resources, as RJ. Also, overtime was not always honored, many employees in Cust. Operations would work through lunch but would be questioned when putting that on their timesheets; as if our days were not managed properly and therefore because we could not manage our time, we should not get paid overtime. This was just my experience every once in a while, I didn't get this on a consistent basis, but it was enough to make me write this, obviously.

    Advice to ManagementAdvice

    If you think you are managing your department well, pay attention to the high levels of turn-over. Any business-minded person knows that high turn-over equals a poorly run department. Simply put, many people are not happy in the Customer Operations department. Too much is asked of them and they are not supported to do the high levels of work that come in. The training program practically does not even exist. It is horrible. The training of new associates is obviously critical to success so you would think Raymond James senior management would take this more seriously, but they do not. Only 1 or 2 associates handle the training, and their work becomes compromised during their training times because they have to focus their days on the new associate. Once word gets around that jobs are getting cut due to the economy crisis and everyone's performance is going to be scrutinized, meaning people who are not pulling their weight may get on the list of people to be terminated, this is not fair for people who have special tasks such as training. They say everyone needs to be treated "equally," which is true from a certain point of view, but sometimes this is NOT the right way to conduct a department.

    No opinion of CEO
  2.  

    nice place to work right out of school, but advancement comes slowly here

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

    I have been working at Raymond James Financial

    Pros

    physically nice workspace, EXCELLENT in-house Raymond James school for learning, good comraderie among employees. the in-house education was fantastic, during work hours, and helped one constantly keep abreast of the changes in the financial world.

    Cons

    no advancement beyond stated "levels" no matter how qualified you may be. no moving from Level 3 to Level 5 without first going through the hoops of Level 4, even if you clearly are capable and pick things up quicker than your peers.

    Advice to ManagementAdvice

    promote people based on work product and skillset rather than just how long they've been with the company.

    Recommends
    Approves of CEO
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