Mercedes-Benz Financial Services

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Mercedes-Benz Financial Services Reviews

Updated April 6, 2015
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4.0
30 Reviews
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Peter Zieringer
8 Ratings

Employee Reviews

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  1. Truly a great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Farmington Hills, MI
    Former Employee - Anonymous Employee in Farmington Hills, MI

    I worked at Mercedes-Benz Financial Services

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great leadership and team atmosphere. Very good benefits and work-life balance.

    Cons

    Difficult to get salaried full-time position (not as a contractor)

  2. Nice company

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

    I worked at Mercedes-Benz Financial Services

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    People there are nice. The pressure there is okay, and you will not be too stressed out if you work there. If you like car and want to do something about finance and accounting, it will be a good place for you

    Cons

    The location is not good. It is in Michigan, where the weather is so horrible. If you want to work in some warm place, do not go there

    Advice to Management

    The managers are nice, and they are very easy to go with. But sometimes they are too nice, and do not give enough penalty to someone who makes mistake

  3. Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Analysis in Farmington Hills, MI
    Former Employee - Account Analysis in Farmington Hills, MI

    I worked at Mercedes-Benz Financial Services

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very enjoyable workplace, everyone was friendly and helpful. Good benefits and perks from the job, and room for movement. All around great place to work.

    Cons

    The pay isn't as high as the average for the industry, however the benefits do make up for it a little. There is room for movement, but it may take a while and need to wait for an opening.

    Advice to Management

    Management was great, I feel that the managers should have a little more oversight over their employees.

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  5. I would not work for this company again.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - IT Project Manager in Farmington Hills, MI
    Former Contractor - IT Project Manager in Farmington Hills, MI

    I worked at Mercedes-Benz Financial Services as a contractor (more than a year)

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

    Pros

    Top-notch office facility, higher-than-average salary, company tries hard to keep their employees happy with benefits and perks, company is making shiploads of money.

    Cons

    Highly political environment, inadequate leadership by middle management, constantly shifting goals and initiatives, no career growth for contract employees, significant divide between direct and contract employees (contractors often excluded from company activities and programs), many "professionals" lack the skills and experience to do their job well.

    Advice to Management

    Require managers to take responsibility. Require managers to actually lead their teams/organizations. Set organizational goals and work to achieve them. Treat your contract employees like they are valuable to the company. Hire people with appropriate skills and experience.

  6. Helpful (1)

    Outstanding experience. Great automotive management school. Work with the best!

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

    I have been working at Mercedes-Benz Financial Services full-time (more than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great leadership. Mercedes-Benz motto is 'the best or nothing". You can really feel it at this place. A lot of pride. Company really lives its core values and personal integrity. A place for team players. They demand excellence. Very strong customer focus.

    Cons

    The roots of this company are firmly planted in German engineering. This company plans for everything. They plan a lot. This is not necessarily bad (look at their products). But if you do not have a high tolerance for ambiguity or if you have a strong bias for action, this may not be the place for you. Definitely no place for "cowboy-mavericks".

    Advice to Management

    Moving in the right direction. Continue to listen to your employees and help reduce complexity i.e. processes and systems.

  7. Only take job for benefits

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

    I worked at Mercedes-Benz Financial Services full-time (less than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    benefits; 401k; retirement plan; nice office

    Cons

    Horrible communication between departments, hypocritical organization, management pretentious, do not make new hire process simple especially if you work remotely, management skills in some depts. poor and unskilled

    Advice to Management

    Spend more time training employees for management positions; IT department is brutal when assistance is needed; new hires made to spend week in Texas but leave without completing necessary protocol to work remotely

  8. Helpful (1)

    Excellent Internship Program!

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Farmington Hills, MI
    Former Employee - Anonymous Employee in Farmington Hills, MI

    I worked at Mercedes-Benz Financial Services

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Very encouraging management staff, that pushed me to take on more responsibilities despite me being new to the industry. Excellent internship program! I have highly recommended it to fellow students looking to get work experience in the field.

    Cons

    There is an unfortunate clear divide between the direct staff and the contract staff.

    Advice to Management

    Keep up the fantastic internship program! It was an excellent place to start my career, and get exposed to the multiple departments to work in at MBFS and Daimler!

  9. Project Manager Americas

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

    I have been working at Mercedes-Benz Financial Services full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Excelent work/life balance and work conditions

    Cons

    Poor career plan and meritocracy

    Advice to Management

    Better work identifying leaders and care for people's work passions.

  10. It is a great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager Finance in Farmington Hills, MI
    Current Employee - Senior Manager Finance in Farmington Hills, MI

    I have been working at Mercedes-Benz Financial Services full-time (more than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture, great benefits, very focused on employee satisfaction. MBFS understands that happy employees are more productive. Great benefits including generous employee lease deals on Mercedes cars. Company participates in Fortune's Great Place to work survey and takes the results seriously. Results are part of managements goals.

    Cons

    No one wants to leave so moving up can be slow, but you can develop trough job rotations and training. If you are mobile there are interesting international assignments. If you really want to excel, learning German is helpful.

    Advice to Management

    Keep doing what you are doing in Americas. Encourage German headquarters to take a more international approach by using English more - especially in signage and presentation. It is awkward to visit cafeteria there and not understand what is on the menu : )

  11. Great company

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

    I have been working at Mercedes-Benz Financial Services full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great people
    great environment
    active right away

    Cons

    there are no cons here

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