First Investors Corporation Reviews

I have been working at First Investors Corporation

Pros – Office environment was helpful. You learn a lot about concept selling vs product selling.

Cons – 100% commission so it is very hard when you are first starting out and don't have a big book of business.

Advice to Senior Management – No need to micromanage contracted professionals.

I worked at First Investors Corporation full-time for more than a year

Pros – Very nice co-workers and very knowledgeable immediate supervisor.

Cons – Extreme micromanaging within the IT department.

Advice to Senior Management – Staff is more than qualified to make day to day decisions to the benefit of the department and company in general.

No, I would not recommend this company to a friend

I worked at First Investors Corporation as an intern for less than a year

Pros – Guide you through every step
you get to work on real cases and provide recommendation
you also have the opportunity to go on client appointments with your mentor

Cons – none to give , was good

Advice to Senior Management – none

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I worked at First Investors Corporation

Pros – None, This was easily the worst work experience I have ever had, and was borderline criminal. The only positive is a class action lawsuit against the company for poor work conditions

Cons – Truly endless cons. There weren't any positives other than greatly valuing any future job experiences as all are an improvement.

Advice to Senior Management – Treat "contractors" with more respect and dignity.

I worked at First Investors Corporation full-time for more than a year

Pros – Great sales training. Still use some of the skills in my current job.

Cons – Horrible pay structure. Long hours. Rigid management. Tons of driving. Big promises and little results.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

I have been working at First Investors Corporation full-time for more than 10 years

Pros – I did start out of college and was taught everything with a huge amount of support and training. The training was good and now is beyond awesome. I was not even a finance major and now I earn multiples of six figures. More important, FIC truly helps the everyday people. First Investors started this year paying for the License fees and offering a salary with benefits. Great product offering from all the major companies as well as some real nice advantages for clients because FIC is owned by Foresters, a non-profit community giveback organization.

Cons – Requires very hard work first few years. None otherwise.

Advice to Senior Management – Keep up the great work listening to your people and making so many wonderful changes! It's like a new company, even better then it was two years ago.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I have been working at First Investors Corporation full-time for more than 3 years

Pros – Unlimited Income Potential
Great Payouts and Benefits
Flexibility in scheduling

Cons – Long hours when you first start

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

I worked at First Investors Corporation full-time for more than a year

Pros – Basically none; work is entirely commission with no benefits. No remuneration for driving around everywhere in an over-saturated market. You will be cold calling; First Investors has no marking department.

Cons – Too many too list. This company basically hires recent college graduates who don't know any better. Many of the people who work at this company have parents with money; so first investors uses their employees to sell products to their family members. Within beginning work you will be asked to write a list of "connections"; it's basically just your family and everyone you know. They then expect you to peddle to them.

There's no salary. No health benefits. They recently introduced both, but it's poor. The conditions required for the salary make it redundant. If you can sell as much as the minimum you wouldn't need the salary.

This is basically a pyramid scheme. Beware of any company that spends more time and effort on hiring new people rather than marketing or market research.

Most of the managers are simply big fish in a little pond, and made a lot of money by bullying their way into it. They are not helpful at all.

The interview process was also misleading; unlimited income is almost impossible.

The managers also try to instill this "make it or break it mentality", which puts much of the blame for lack of success on the representatives. The truth is First Investors spends zero amount of money on marketing or market research. All you get are pamphlets, which you can distribute yourself. Basically they are getting free labor off of their workers. I'm not sure how this isn't illegal.

Advice to Senior Management – Actually care about your employees; give them a salary or benefits. Spend money on marketing, rather than using unpaid sales representatives to prospect themselves. Horrible business model.

Stop shaming representatives into thinking "well, if you can't succeed you just can't cut it." Support your representatives.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

I worked at First Investors Corporation as an intern for less than a year

Pros – It was a very relaxed environment with lots of young and usually friendly people.

Cons – There was a lot of menial labor. Management didn't always treat employees properly. LOTS of turnover in the brief period during which I interned there.

Advice to Senior Management – Hire robots if you just want to bring in customers. It would be cheaper.

No, I would not recommend this company to a friend

I worked at First Investors Corporation full-time for less than a year

Pros – Flexible work schedule , pay for some licenses

Cons – First Investors promises a salary and to pay for your licenses. They want you to build your business from cold calling and basically begging for business. Very controlled from corporate, (can not even use social media) . Pay starts at 8 an hour (not what I was told by the hiring manager, they said 30k for 9 months) I was told the life and health license would be 70 dollars . After buying the study guide and fingerprints I was $500 in the hole.

Advice to Senior Management – Be upfront about the job

No, I would not recommend this company to a friend