First Republic Bank - No room to grow | Glassdoor
There are newer employer reviews for First Republic Bank
There are newer employer reviews for First Republic Bank

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Helpful (1)

"No room to grow"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Approves of CEO

I worked at First Republic Bank full-time (More than 8 years)

Pros

Excellent exec. management, compensation plan is generous, smart people, flat management, strong sales and service culture.

Cons

The management is so flat that top producers are promoted to management jobs who have no training or insight on how to motivate employees. Can't really tell the truth to anyone about observations since no one really wants to hear it - tend to react with fear and panic which is pushed down. Management assumes comp. plan is the only thing that keeps people happy.

Advice to Management

Invest in experienced managers who are rewarded for growth of the area they manage as opposed to being focused on their own business.

Other Employee Reviews for First Republic Bank

  1. "Great place to work during good times."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Amazing compensation program, fabulous colleagues, and strong bank, financially.

    Cons

    Little to no support during difficult times. Heartless management style.

    Advice to Management

    Carry employees thru the difficult times instead of laying off too quickly.


  2. Helpful (1)

    "Some nice people, but management is very reactionary, prone to panic, or nonexistent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in San Francisco, CA
    Former Employee - Associate in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at First Republic Bank full-time (More than a year)

    Pros

    The people working there overall tend to be nice and capable. I saw very little dead weight. The gender, racial, and age diversity are also all very good.

    Cons

    There's definitely a split between management and line workers. I have also never heard of anyone being promoted to a management position. I saw very talented people leave for better opportunities. You are only visible when someone has panicked. Otherwise, everyone tends to shrug off meetings and emails.

    Advice to Management

    Manage. Your workers need leadership and management. They do not need to be completely ignored. That is not helpful.

There are newer employer reviews for First Republic Bank
There are newer employer reviews for First Republic Bank

See Most Recent

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