Modern Woodmen

  www.modern-woodmen.org
  www.modern-woodmen.org

Modern Woodmen Reviews

Updated October 18, 2014
Updated October 18, 2014
39 Reviews
3.7
39 Reviews
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W. Kenny Massey
34 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    Hands down the best company to work for ever.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Representative
    Current Employee - Financial Representative

    I have been working at Modern Woodmen

    Pros

    Very generous with their pay. Recognition is awesome. My father has worked here for 40 years and will tell you the same thing. One of the best companies in the world in my opinion.

    Cons

    Lots of hours but worth it. Nothing else much negative to say...

    Advice to ManagementAdvice

    Some of the best people to work with in the industry. I have great leadership and myself am going through the pathway to leadership....very rewarding

    Recommends
    Approves of CEO
  2.  

    It is a very personally rewarding job because you are helping others achieve their goals financially.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Representative
    Current Employee - Financial Representative

    I have been working at Modern Woodmen

    Pros

    You get to start business relationships with new people and usually develop a close friendship with them after a little while. Furthermore, if you work harder than others you will literally get paid for it because there is absolutely no salary cap on how much money you can make

    Cons

    You have to deal with people in regard to their personal finances which can be a sensitive topic sometimes.

    Advice to ManagementAdvice

    We must make sure all new agents have an intimate understanding with our products before letting them go out on their own.

    Recommends
    Approves of CEO
  3.  

    Over the top!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Representative
    Current Employee - Financial Representative

    I have been working at Modern Woodmen

    Pros

    Great place to work. The culture and leadership are better than I expected and the oppportunity for advancment is excellent. Building a business is not easy but with the training and assistance from management it is easier. The trips are Great and free. Can't beat that. Going to Maui next month!!

    Cons

    It will take a while to grow your business. Long hard days the first few years. Sometimes the money is lean but the good times far outweigh the negative

    Advice to ManagementAdvice

    The systems are great just make sure that all new reps follow them the first few years. More training in the securities area would help but not our priority

    Recommends
    Approves of CEO
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  5.  

    Awesome opportunity to help others.

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

    I have been working at Modern Woodmen

    Pros

    Great Fraternal Organization with benefits to help members prepare for financial security if they live, die, or quit working. Modern Woodmen provides both financial services and service opportunities for members.

    Cons

    Difficult to budget for a new agent as you learn to sell. Commissions from month to month can range between $0 to unlimited..

    Advice to ManagementAdvice

    If there were anything I would do different, it would be to put more emphasis on building character of the agents and less on pushing for securities licensing. Also, promotions of family members should only be given on merit.

    Recommends
    Approves of CEO
  6.  

    a place were self motivated people excel.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Kalamazoo, MI
    Current Employee - Anonymous Employee in Kalamazoo, MI

    I have been working at Modern Woodmen

    Pros

    set own schedule, great income potential, a lot of motivators provided by the company, great training and assistance from co-workers and management.

    Cons

    Long nights, hard to get time off, and missing out on family time very frequently. Looking forward to establishing my buisness so I can enjoy myself a but more. Starting out is difficult but rewarding.

    Recommends
    Approves of CEO
  7.  

    Great Career

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

    I have been working at Modern Woodmen

    Pros

    Unlimited growth opportunity, great benefit package.

    Cons

    You need to be very good at time management.

    Advice to ManagementAdvice

    The sky is the limit

    Recommends
    Approves of CEO
  8. 1 person found this helpful  

    Modern Woodmen of America: Touching lives. Securing Futures

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Representative in Tacoma, WA
    Current Employee - Financial Representative in Tacoma, WA

    I have been working at Modern Woodmen

    Pros

    The possibility for advancement are only limited by the amount of work that you are willing to put forth. If management is for you, than you have the best opportunity in the financial services industry to advance into management. The benefits package is amazing, there is an old-fashioned pension, which gives you an extra incentive to work hard.

    Cons

    If you are a person that is not good at time management, this job is not for you. Also if you are not good at keeping track of what you do, you could have problems. As you have no "boss" per-se, you need to keep careful watch of the time you use and don't use.

    Advice to ManagementAdvice

    Keep being hands on, and make sure that you keep close watch on the reps that have been contracted for fewer than 6 months.

    Recommends
    Approves of CEO
  9.  

    Great Company...Client Focused. Good career opportunity especially if you plan to work in the middle America market.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Representative in Madison, MS
    Current Employee - Financial Representative in Madison, MS

    I have been working at Modern Woodmen full-time (more than 10 years)

    Pros

    Fraternal Company, Good Training for New Representatives, Very Good Corporate Citizen, Supports Representatives Giving Back to Community, Defined Benefit Plan Funded by Company, Excellent Medical & Dental Plans, 401K

    Cons

    Not as much support for seasoned representatives...more focused on newer reps, Relatively low commission rates compared to industry however benefits are good, Annual "Incentive" trip is basically a glorified sales meeting usually in a great location but the time is filled with meetings.

    Advice to ManagementAdvice

    Recognize that established reps need support too, Reduce amount of time spent in meetings at annual conference or stop making reps qualify, Promoting as many Regional Directors as possible doesn't make sense...they aren't the ones producing. Reduce the number of management in the field and increase agent compensation/bonus.

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Good company to work for, hard business to succeed in.

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

    I worked at Modern Woodmen full-time (less than an year)

    Pros

    Quality values, they want you to succeed, and their fraternal benefits are a great selling point.

    Cons

    Their name recognition is substantially less than Edward Jones or any of the other big guys. There was very little training in the first three months.

    Advice to ManagementAdvice

    Establish a training program within a month of hiring a new Financial Representative.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Modern Woodmen is a solid employer with good benefits and a strong training program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative in Irvine, CA
    Former Employee - Financial Representative in Irvine, CA

    I worked at Modern Woodmen full-time (more than an year)

    Pros

    One of the highest ratings for a financial services company.

    Cons

    Old workforce drives up the cost of health benefits.

    Recommends
    Positive Outlook
    Approves of CEO

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