First Merchants

www.firstmerchants.com

First Merchants Reviews

Updated January 16, 2015
Updated January 16, 2015
12 Reviews
3.1
12 Reviews
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First Merchants President, CEO, COO, and Director Mike Rechin
Mike Rechin
6 Ratings

Employee Reviews

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  1.  

    Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Merchants full-time (more than 3 years)

    Pros

    Great company to work for.

    Cons

    The pay could be better.

    Recommends
    Negative Outlook
  2.  

    Nice environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Merchants

    Pros

    Vacation, sick leave, 401K, stock options, etc. are fair. Co-workers in general are nice people to work with. Working conditions are great. Day shift, usually with no overtime. Sundays off and most Saturdays too.

    Cons

    The pay vs. responsibility isn't very good and raises are only 1 1/2%. Management is often unqualified to actually supervise (they may know the technical aspects, but are clueless how to lead or just don't care).

    Advice to ManagementAdvice

    Train in true leadership not just bank management. Reconsider evaluations as they correspond to raise percentages

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Merchants full-time (more than a year)

    Pros

    The benefits are wonderful. Being affiliated with a banking institution we have many government holidays off. The hours are not too bad. No weekends, minimal travel.

    Cons

    The challenges of working here is that it is a very slow-paced environment. I am used to a very fast-paced schedule and find myself quite bored some days

    Advice to ManagementAdvice

    I believe the management and leadership could oversee the employees more directly. Everyone does things differently and there is no cohesiveness.

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations in Daleville, IN
    Former Employee - Operations in Daleville, IN

    I worked at First Merchants full-time (more than 5 years)

    Pros

    Good company that likes to promote from within. A hard worker can build a great career. There are a number of great options for for getting more education as, at the time, the company was paying almost 75% of tuition costs. That's unheard of in today's economy!

    Cons

    Slow to change and salary management is a little weird.

    Advice to ManagementAdvice

    Continue to build the company.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Ok to enter in banking but not a long term place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Treasury Analyst in Muncie, IN
    Former Employee - Treasury Analyst in Muncie, IN

    I worked at First Merchants full-time (more than a year)

    Pros

    Upper management is good, easily reachable

    Cons

    poor lower management and training

    Advice to ManagementAdvice

    revise your lower management

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Inconsistent workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Merchants full-time

    Pros

    Active in the communities they service, growing bank, leadership in Indiana is accessible and personable. Work-Life balance is good. Benefits as far as time off are very generous. Offer a lot of benefits to help employees save for the future, excellent 401(k) and stock purchase program.

    Cons

    Columbus, OH "leadership" is awful. Stay away unless you want your soul slowly drained. yelling, placing blame, backstabbing, and manipulation are the norm.
    At times, entire organization moves slowly to embrace changes and advancing with the times. Technology is far behind and allowing certain location to keep their different name does nothing to build one culture.

    Advice to ManagementAdvice

    Overall Columbus leadership team and hold them accountable

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  8.  

    Good community bank, strong management team with focus on growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations in Daleville, IN
    Former Employee - Operations in Daleville, IN

    I worked at First Merchants full-time (more than 3 years)

    Pros

    Bank is big enough to have resources to get things done, small enough to actually be able to navigate change

    Cons

    Muncie and Daleville are hard cities to hire in. Moving headquarters to Indianapolis will improve the human resource situation

    Advice to ManagementAdvice

    If bank acquisitions are going to the be the focus for growth, create a dedicated team to accomplish them. Constant effort there is straining the resources

    Recommends
    Positive Outlook
  9.  

    Marketing Rep

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

    I worked at First Merchants full-time (more than a year)

    Pros

    Smaller company
    Good customer service, had a strong customer base at the office I worked in

    Cons

    One of the main branches in central Indiana had a very "good ole boy" atmosphere...it wasn't a fun place to work

    Doesn't Recommend
    Disapproves of CEO
  10. 1 person found this helpful  

    Good professional experience, but very poor work culture.

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

    I worked at First Merchants full-time (more than 5 years)

    Pros

    Working for a bank gave me many opportunities to build my professional résumé, introducing me to the idea of exceptional customer service, exposing me to a world of corporate professionalism and business acumen as well as general corporate business etiquette. The company was very successful during my years there and the benefits offered were exceptional, including educational reimbursement, 3 weeks of vacation time plus 8 days of sick time each year that could accrue if not used. The Chief officers and director of HR were very kind and sincerely wanted their employees to educate themselves and be successful.

    Cons

    The culture was really the down side. A lot of opportunity existed, but it was difficult to perservere through the constant gossip, caddy managers, many of which that were uneducated and insecure about giving those that were educated opportunity in fear that they might be surpassed, consistent micromanagement, and a general anxiety was felt by most employees about changes that occurred. The company was extremely slow to adapt to new technology, I.E. still using Microsoft 2003 in 2012, and slow to adapt to modern industry changes concerning general work force preferences in dress code, working remotely when able, and flexibility in work schedules.

    Advice to ManagementAdvice

    I would advise management to study the culture a little more closely and pin point what is causing the negativity. Also, exploring options of non traditional benefits such as relaxed dress code and remote access that cost the company nothing monetarily but can really show employees appreciation could go a long way. Listen to the employees and their exit interviews because they will tell you a lot about the rotten eggs sitting in management that may be much of the problem.

    Positive Outlook
    Approves of CEO
  11.  

    I enjoyed my job assisting customers with their questions and concerns.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Call Center Agent in Daleville, IN
    Former Employee - Call Center Agent in Daleville, IN

    I worked at First Merchants

    Pros

    Benefits, salary, working conditions, fellow co-workers

    Cons

    Not enough info when new items were introduced.

    Advice to ManagementAdvice

    Motr one-on-one for training

    Recommends
    Approves of CEO

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