TMX Finance Family of Companies - GM | Glassdoor
There are newer employer reviews for TMX Finance Family of Companies
There are newer employer reviews for TMX Finance Family of Companies

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Helpful (3)

"GM"

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Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

Pros

Learn a new industry. Help people in need of financial assistance.

Cons

You work alone in smaller offices, marketing on foot when it's HOT or COLD, Store Managers are hired by the DM but the GM has NO say in the process - yet GM will be managing the Store Manager. RMs and DMs want to get promoted ASAP and they forget to coach and develop their current GMs. Money is important but employee satisfaction is also. When the heat goes down, good luck - get 3 bids, find the cheapest and freeze for a month until everything can be settled. Rather than having corporate handle store maintenance, GMs and SMs do the sourcing for vendors (which is costly) and then this comes out directly out of your bottom line - which means a smaller bonus. Everything you do that is related to money, comes out of your bottom line. Then there are corporate fees which just minimize the final bonus more. Work, work, work and you have been sold the dream of running a million dollar plus store which in theory is profitable but not always realistic. Who can live off of this salary and possible bonus? Not when you work upwards of 55 hours a week (at times 65)??

Advice to Management

Look at the fees charged back to the stores and see what can be cut out or cut down. Don't sell your GMs short. They work hard, want to do well but generally are not paid accordingly. It's not common to run million dollar stores so the pay does not match the work. Also, promote and recognize employees for their hard work rather than who they are friends with or who they know - this only turns people against each other. Promote on merit and achievement.

Other Employee Reviews for TMX Finance Family of Companies

  1. Helpful (3)

    "Good entry level opportunity. Good pay and benefits. Good coworkers. NOT A LONG TERM VIABLE JOB."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - General Manager in Houston, TX
    Current Employee - General Manager in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at TMX Finance Family of Companies full-time (More than a year)

    Pros

    Pay/ benefits, Coworkers. A shot to run your own store.

    Cons

    Very long hours. You must make numbers at any cost, or you will be fired within 60 days. Clueless upper level managent. Do not care for people at all, only numbers. Cant keep GM's or DM'S

    Advice to Management

    Value your people. You will eventually loose the ability to recruit quality managers. All of the talented managers I worked with have already become frustrated and quit. You fire people too quickly without even trying corrective mentoring.


  2. Helpful (8)

    "WORST COMPANY EVER - FUTURE DALLAS EMPLOYEES BEWARE AND STAY AWAY!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Alpharetta, GA
    Current Employee - Anonymous Employee in Alpharetta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at TMX Finance Family of Companies full-time (Less than a year)

    Pros

    Decent Pay
    Great co-workers (at least in the Alpharetta, GA office)

    Cons

    As others have mentioned, VERY poor upper management with little to no advancements VERY sketchy company (to its Customers and Employees) who deliver broken promises. Made compensation promises to Alpharetta team to help with the transition to Dallas and then let employees go to avoid paying them the bonuses after the move was imminent. Very fast to hire and fast to fire. Second the notion of don't know how there any good reviews for this company. PLEASE STAY AWAY!!!

    Advice to Management

    Please suck less and do not just follow the CEO around like little puppies and be "yes sir" bosses...

There are newer employer reviews for TMX Finance Family of Companies
There are newer employer reviews for TMX Finance Family of Companies

See Most Recent

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