Fremont Bank - Good but how about those temps? | Glassdoor
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There are newer employer reviews for Fremont Bank

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"Good but how about those temps?"

Star Star Star Star Star
  • Culture & Values
  • Career Opportunities
Current Employee - Appraiser Administrative in Hayward, CA
Current Employee - Appraiser Administrative in Hayward, CA

I have been working at Fremont Bank full-time

Pros

The Company does do things that show the people they are appreciated like ice cream socials and barbecues which is refreshing and more than most companies do.
The environment is friendly.

Cons

I've been working as a temp for over 6 months and it seems as if Fremont Bank likes to keep people temps so they don't have to pay benefits, holiday pay,Vacation or fair salaries. Why not bring the temps on board if they have proved themselves. I know many that have been temps here for over a year. Why?

Advice to Management

The Company is celebrating record profits. Start hiring people on permanent. The whole keeping people temps thing is a bit shady.

Other Employee Reviews for Fremont Bank

  1. Helpful (1)

    "Not to big, not to small, just right!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hayward, CA
    Current Employee - Anonymous Employee in Hayward, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fremont Bank full-time (More than 5 years)

    Pros

    Great benefits, community bank, pride in knowing our service helps the financial needs of our clients. We have a proven track record for offering low cost mortgage rates and focusing on he relationship of the client rather than just the bottom line. We appreciate our clients and continue finding ways to set ourselves apart from competition.

    Cons

    There is a lack of direction and training from certain areas of the bank.

    Advice to Management

    Design a formalized training program for ALL departments.


  2. Helpful (3)

    "Very dissatisfied"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Underwriter in Hayward, CA
    Former Employee - Underwriter in Hayward, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The company has good technology and it's a fun work environment if you are new to the mortgage industry. The pay is competitive and the co-workers try to do activities to make this place a better place to work at.

    Cons

    Very unstable work environment. When the market is not good, they lay off an awful lot. They tend to rehire a lot of people that they laid off in the past (normally called within 2 months) before they find another job. The work demands in the mortgage department are not realistic. A simple look on their website for the work requirements should tell you enough. One example is that underwriters are required to underwrite 25 files a day, where the industry standard is 3 files a day.

    Advice to Management

    Focus on employee development and nurturing an environment where employees can grow. You need to work more on being able to either nurture or recruit top talent to help with credibility.

There are newer employer reviews for Fremont Bank
There are newer employer reviews for Fremont Bank

See Most Recent

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