TMX Finance

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There are newer employer reviews for TMX Finance

3 people found this helpful  

GM

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at TMX Finance

Pros

Learn a new industry. Help people in need of financial assistance.

Cons

You work alone in smaller offices, marketing on foot when it's HOT or COLD, Store Managers are hired by the DM but the GM has NO say in the process - yet GM will be managing the Store Manager. RMs and DMs want to get promoted ASAP and they forget to coach and develop their current GMs. Money is important but employee satisfaction is also. When the heat goes down, good luck - get 3 bids, find the cheapest and freeze for a month until everything can be settled. Rather than having corporate handle store maintenance, GMs and SMs do the sourcing for vendors (which is costly) and then this comes out directly out of your bottom line - which means a smaller bonus. Everything you do that is related to money, comes out of your bottom line. Then there are corporate fees which just minimize the final bonus more. Work, work, work and you have been sold the dream of running a million dollar plus store which in theory is profitable but not always realistic. Who can live off of this salary and possible bonus? Not when you work upwards of 55 hours a week (at times 65)??

Advice to ManagementAdvice

Look at the fees charged back to the stores and see what can be cut out or cut down. Don't sell your GMs short. They work hard, want to do well but generally are not paid accordingly. It's not common to run million dollar stores so the pay does not match the work. Also, promote and recognize employees for their hard work rather than who they are friends with or who they know - this only turns people against each other. Promote on merit and achievement.

150 Other Employee Reviews for TMX Finance (View Most Recent)

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  1. 6 people found this helpful  

    Terrible management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Management in Carrollton, TX
    Former Employee - Senior Management in Carrollton, TX

    I worked at TMX Finance full-time (less than an year)

    Pros

    Base compensation is good and benefits are on par with any other company.

    Cons

    Do not be lured by money. Company chews you up and spits you out (or you leave on your own). No vision or strategy. No people-management skills. Most of the people in the building have joined less than a year ago and most are planning on leaving or are extremely dissatisfied. Management has no idea how to treat people with respect. They left Alpharetta because they got such a bad reputation that no one wanted to join the company. They are building the same reputation in Carrollton, TX.

    Advice to ManagementAdvice

    Tracy needs to see whats going on in Carrollton or he will have to move yet again to another location.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 3 people found this helpful  

    Good entry level opportunity. Good pay and benefits. Good coworkers. NOT A LONG TERM VIABLE JOB.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - General Manager in Houston, TX
    Current Employee - General Manager in Houston, TX

    I have been working at TMX Finance full-time (more than an year)

    Pros

    Pay/ benefits, Coworkers. A shot to run your own store.

    Cons

    Very long hours. You must make numbers at any cost, or you will be fired within 60 days. Clueless upper level managent. Do not care for people at all, only numbers. Cant keep GM's or DM'S

    Advice to ManagementAdvice

    Value your people. You will eventually loose the ability to recruit quality managers. All of the talented managers I worked with have already become frustrated and quit. You fire people too quickly without even trying corrective mentoring.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for TMX Finance

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