First Marblehead Reviews | Glassdoor

First Marblehead Reviews

4 reviews

Filter

Filter


1.0
StarStarStarStarStar
Recommend to a friend
Approve of CEO
First Marblehead President, CEO, and Director Dan Meyers
Dan Meyers
1 Rating

4 Employee Reviews

Sort: PopularRatingDate

  1. Helpful (2)

    "Dont go to work here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Java Developer in Medford, MA
    Former Employee - Java Developer in Medford, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    There really weren't many pros. The staff in the medford office is at least mostly decent to each other. It won't last very long since management has a proven track record of laying off or firing lots of employees. It's almost guaranteed you will lose your job in less than a year.

    Cons

    This was the worst professional experience I've ever had. The company has been on a steady decline since the 2008 stock market crash and has never really recovered. Management lied like crazy in the job interview then screamed for the next year in an effort to force insane amounts of work out of the engineering staff that they don't have the money to pay for. Whatever you do don't go to work for this company. It's a miserable sweatshop where your life will be a horrible nightmare.

    Advice to Management

    Stop being sociopathic. Live up to your own mistakes. Stop threatening physical violence if the unrealistic deadlines you've set aren't met.


  2. "I wouldnt want to do it again."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Analyst in Medford, MA
    Former Employee - Loan Analyst in Medford, MA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at First Marblehead full-time (Less than a year)

    Pros

    the other temps I worked with, nice cafe,

    Cons

    they take on temps promise them all this work, overtime and the upper manangement takes it for themselves and just smile in your face, not enough work. boring, they seem to like to keep the little people down, dont explain things throughly and to many people trying to train you everyday it was someone different and i understand you should learn different ways, but not in a one week trial. they tell you your doing good and then tell the manager your not, VERY two faced management.

    Advice to Management

    dont make promises you cant keep,

  3. "Loan analyst"

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

    I worked at First Marblehead as a contractor

    Pros

    Free coffee, some people are nice, free food at times.

    Cons

    Management is stuck up and think they are better then you. Not to mention they hide all things from you such as promotions and credit.


  4. "Bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    No opinion of CEO

    Pros

    Very friendly environment. Officers usually offer perks if deadllines and expectations are met. There was plenty of over time opportunities.

    Cons

    Lack of a future for better or for worse. Since the industry of selling student loans is gone, the company has remained stagnant.

    Advice to Management

    There are no advice for management. They did their best. It was the economy which messed up everthing. They will just have to wait it out.


Showing 4 of 21 reviews
Reset Filters