Arvest Bank "low pay" Reviews | Glassdoor

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Arvest Bank Employee Reviews about "low pay"

Updated Mar 23, 2019

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4.0
77%
Recommend to a Friend
86%
Approve of CEO
Arvest Bank Chairman and CEO, Arvest Holdings and Arvest Bank Jim C. Walton
Jim C. Walton
186 Ratings
Pros
Cons
  • "Low pay for front line management vs other banks(in 22 reviews)

  • "Branches are beginning to all be short staffed because they want to work with less tellers(in 11 reviews)

More Pros and Cons

Reviews about "low pay"

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  1. "Greatest Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Contact Center Representative in Fayetteville, AR
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Arvest Bank full-time for more than a year

    Pros

    Great Management, Great Benefits, PTO, Great Coworkers

    Cons

    Low pay when going into an entry level position

    Advice to Management

    Keep doing what you are doing!

    Arvest Bank2017-11-18
  2. Helpful (2)

    "You Are Subhuman and They Let You Know"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Teller in Springfield, MO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Arvest Bank full-time for more than a year

    Pros

    -PTO adds up fairly fast.

    Cons

    -Using PTO is always an issue and never gets approved. -Management is always on a high horse despite subpar pay all around. -Don’t think, just do. Be the robot, don’t be a person. -If you’re a straight acting male, you should avoid this place big time. The female, regressive left HR will steamroll you. -They are constantly feeding you and organizing meetings to fatten you up like their senior staff. This bank is very fat focused, don’t get your waddle on. -Turn over is amazing. Between low pay and cliques among 50, 60 year old women, it gives no incentive for younger workers to stick around. -Retail banking is dying. This is an industry you wouldn’t want to begin working in only for it to collapse.

    Show More

    Advice to Management

    Focus more on helping people and less on swindling and preying on people with terrible products and terrible cards and expect tellers to sell said terrible products. You guys know they are bad, no one on their right mind would have an Arvest credit card.

    Arvest Bank2019-03-24
  3. Helpful (1)

    "Good company poor management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Bank Teller 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Arvest Bank full-time for more than 3 years

    Pros

    Great benefits, good insurnace, awesome paid time off and profit sharing bonus

    Cons

    Poor management, promised room for growth but hard to move up, low pay compared to other banks in the area.

    Arvest Bank2018-09-18
  4. "Good values"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Arvest Bank full-time

    Pros

    Good culture with mostly friendly associates

    Cons

    Low pay and small raises unless you change positions.

    Arvest Bank2017-12-28
  5. Helpful (1)

    "Wonderful company but experiencing some growing pains"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Management 
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Arvest Bank full-time for more than 5 years

    Pros

    I loved my time working at Arvest. I was given many opportunities to grow and develop. They take training very seriously and invest time into each associate.

    Cons

    Low pay for front line management vs other banks. Mediocre health and dental insurance. I feel some of their decisions to "benefit" their long term plans are being poorly made and executed, which makes me worry that the company will not be so great to work for in the future.

    Advice to Management

    Encourage Regional management to listen to and actually act on feedback provided by front line associates. In efforts to centralize departments, I think Arvest lost some of the most valuable and talented managerial associates I've ever met. Remember that results often start at the top, and they need to keep quality management teams in the middle in order to get the results they are wanting from their front line teams. As they grow and make these strategic decisions, they should always remember how important it is to feel VALUED. When an associate is valued and enjoys their job, they will flourish. They have been trying to reduce staffing to increase profits, but when a team is stressed, and feeling undervalued and overworked, they are not happy. That stress transcends to the customers who then feel underappreciated and unsatisfied, and are often having to wait much longer times to perform a simple transaction (I recently waited 25 minutes in a drive through to do a withdrawal). Arvest has always been a solid company, known for its amazing customer service and happy, valued associates. Please don't lose this culture as long term plans for "growth" are implemented. The culture is what made this bank stand out from all the rest. Don't just become "one of the rest"... You'll lose what makes this bank special--including talented associates and quality banking relationships with customers.

    Show More
    Arvest Bank2017-07-08
  6. Helpful (1)

    "Mortgage Loan Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Arvest Bank full-time

    Pros

    Friendly company and good life and work balance

    Cons

    Low pay and high amount of work, not much room for advancement

    Advice to Management

    Mortgage Officers can be entitled and demanding and the pay for assistants is sometimes too low

    Arvest Bank2017-01-25
  7. "Decent Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I worked at Arvest Bank

    Pros

    -decent hours -growth opportunities -if you have the right co-workers theres a great sense of family

    Cons

    -like a lot of banks and businesses theres a huge push on sales for the tellers -management not always helpful -can get very hectic with littler rewards -low pay

    Arvest Bank2016-09-20
  8. "Branch Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook

    I worked at Arvest Bank full-time

    Pros

    Clear career tracks, hire internally mostly, great people

    Cons

    low pay, not great incentive structure, move away from customer focus

    Advice to Management

    care more about customers needs than the fees that they can make

    Arvest Bank2016-09-16
  9. "Awesome Culture! Low Pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lawton, OK
    Recommends
    Positive Outlook

    I worked at Arvest Bank full-time for less than a year

    Pros

    The company culture is so amazing! The new hires definitely make it a fun place to work. Good benefits.

    Cons

    A lot of the tenured employees are not excited and driven like new hires are trained to be. This makes it kind awkward sometimes. Low pay doesn't compensate for benefit package because it ultimately lowers the standard of living, unless you are married and your spouse makes good money.

    Advice to Management

    Stay on the same path with your new hires! Maybe consider refresher trainings for staff who have been around a few years. They need to revamp their spunk.

    Arvest Bank2016-09-08
  10. "Consumer Loan Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Consumer Loan Officer 
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Arvest Bank full-time for more than 5 years

    Pros

    Great culture and lots of advancement opportunities

    Cons

    Low pay, low raises, back office departments are very slow.

    Advice to Management

    Become more competitive in pay and hire enough associates to cover needed positions and keep up with demand.

    Arvest Bank2016-09-10
Found 22 reviews