First Commonwealth Financial Reviews | Glassdoor

First Commonwealth Financial Reviews

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Found 25 reviews

2.8
StarStarStarStarStar
Rating TrendsRating Trends
54%
Recommend to a Friend
62%
Approve of CEO
First Commonwealth Financial CEO T. Michael Price
T. Michael Price
12 Ratings
  1. "Great Company"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Indiana, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Commonwealth Financial full-time for more than a year

    Pros

    First Commonwealth truly cares about the well-being of its employees. I’ve never worked in such a positive work environment and they really focus on your career growth.

    Cons

    There’s nothing major I don’t like

  2. "Good Working Environment"

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

    I have been working at First Commonwealth Financial part-time

    Pros

    Flexible with schedules Good benefits Inviting working environment

    Cons

    Inadequate sales training More focused on sales than customer service

    Advice to Management

    Provide better sales to training to employees, or lighten demands on sales goals.

  3. "Changes may be coming"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Lending in Pittsburgh, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at First Commonwealth Financial full-time for more than 20 years

    Pros

    There is a rumor making the rounds that FCF is planning to remove their HR Management team and outsource their HR function to a third party provider. I can't find any verifiable evidence that this will occur but if true would be a tremendous improvement.

    Cons

    None if this were to occur

    Advice to Management

    Seriously consider outsourcing your HR Dept. They are the main reason for your lackluster financial performance.

  4. "Bank in the midst of a turnaround strategy"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pittsburgh, PA
    Neutral Outlook
    Disapproves of CEO

    I have been working at First Commonwealth Financial full-time for more than 9 years

    Pros

    Benefits are reasonable. 401K plan has a match up to 6% and a Roth option. The amount of paid time off given is good. Since First Commonwealth is a relatively smaller bank it is easier to get access to senior management. The company encourages mentorship and many senior employees are happy to do so.

    Cons

    Compensation is on the low end compared to other banks in the area. The company has underperformed its peers in the industry for some time, and senior management is getting desperate to turn things around. Our branch banking staff in particular are bearing the brunt of the turnaround/restructuring, with all non-management employees seeing hours cut back and total staffing being cut 30%- but the sales goals are still as...

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    Advice to Management

    Listen to your rank and file employees. They are the ones who deal with customers every day and see how decisions made at the executive or board level, really impact our customers and staff.

  5. "First Commonwealth Bank"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Huntingdon, PA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Commonwealth Financial full-time for more than 20 years

    Pros

    The people are one of the best reasons for working at First Commonwealth. Everyone seemed to be enthusiastic about their jobs and they were always willing to answer questions or lend a hand.

    Cons

    The down side of working for First Commonwealth is the unbalanced family life and work life.

  6. "Financial solutions specialist"

    StarStarStarStarStar
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Anonymous Employee 

    I have been working at First Commonwealth Financial

    Pros

    It was once a fabulous place to grow, Now we are unsure.

    Cons

    Unless your in management there is no 40 hr work week, Thirty five or less is full time now, who knows what 2017 will bring, Our leaders are not forthcoming in all aspects of the future. They say leave if you are not happy here. Sad😓

    Advice to Management

    Remember our motto Core Values .

  7. Helpful (1)

    "A sinking ship"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Services Specialist in Pittsburgh, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at First Commonwealth Financial full-time for more than 2 years

    Pros

    Great community bank that cares about its customers. Doesn't treat them like a number. Hours of operation are nice. Not much else nice to be said unfortunately.

    Cons

    Where do I begin. They're cutting hours for full timers to at least 30 hours. Part timers are being cut to 20 hours. Benefits are ok but it's a high deductible plan. You can get an HSA but the company doesn't contribute to it. Incentive is paid quarterly and is okay. Base pay is okay as well. But definite room for improvement. Corporate politics and popularity play a big part in this company if you wanna go anywhere....

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    Advice to Management

    Appreciate your employees. It's about quality not quantity. Time to reevaluate your pay structure, among other things.

  8. "Senior Business Integration Mgr"

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

    I have been working at First Commonwealth Financial

    Pros

    Senior management encouraging individuals to take risks, and take initiative. If you prove yourself as competent, can work independently to certain extent.

    Cons

    Standard bureaucracy for bank. Old school culture is changing - senior management definitely taking steps to change to a more progressive culture.

    Advice to Management

    Need a better incentive plan. The standard 2-3% salary increase is insufficient for your top performers

  9. Helpful (2)

    "Don't take job in mortgage dept (wexford)"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Underwriter 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at First Commonwealth Financial

    Pros

    Bank holidays, 3 weeks time off

    Cons

    Low pay. Operations is a joke. The will be closing with the next year for sure due to their process and the workers lack of motivation

  10. "Computer Operator"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends

    I worked at First Commonwealth Financial full-time

    Pros

    Good place to get your foot in the door in IT.

    Cons

    You must take the initiative to learn more i order to move up in IT. They only want you to follow predefined procedures which offer very little clues to what tasks you are accomplishing.

    Advice to Management

    Educate your employees about the tasks they do each day and how it helps the bank. Less reliance on instruction sheets and more challenging tasks would inspire the employees and improve morale.

Found 25 reviews