First Republic Bank Reviews | Glassdoor

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First Republic Bank Reviews

Updated February 7, 2018
261 reviews

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3.7
StarStarStarStarStar
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Approve of CEO
First Republic Bank Chairman and CEO James H. Herbert II
James H. Herbert II
172 Ratings

261 Employee Reviews

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Pros
  • Overtime when needed, Flexible with schedule (perfect for a student), Work Life balance is good (in 11 reviews)

  • Great culture and training programs (in 21 reviews)

Cons
More Pros and Cons

  1. "Investment associate"

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

    I have been working at First Republic Bank full-time

    Pros

    Great culture and people to work with

    Cons

    Sometimes there is no open communication

    Advice to Management

    More open communication


  2. "FRB"

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

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

    Pros

    Strong company culture and trying to stay innovative.

    Cons

    Long Tenure of employees sometimes hinders progress as they do not like change, and internal processes cannot keep up with the growth of the bank. Still operating like a small bank internally though they are a $80 billion dollar bank.

  3. Helpful (3)

    "PWM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Growing company, fast paced environment, good benefits, 401K match, Eagle Cafe. 4 weeks of vacation after 5 years of employment.

    Cons

    Work life balance. Very low pay for some exempt status employees and you’re expected to put overtime year round.
    Office politics, unequal pay. Promotions are generously awarded to some people, and not others. Management disregards hard work, experience, and licenses obtained. Extreme favoritism among senior management. They push their favorites to executive management and this creates a glass ceiling for some people.

    Advice to Management

    Executive management should look closer into senior managers promotion decisions. Employees experience, performance & licenses should be compared & reviewed when making these decisions. Pay must be equal or similar. Huge gaps are not acceptable.


  4. "Program Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Approves of CEO

    I have been working at First Republic Bank full-time

    Pros

    First Republic values are great

    Cons

    No work life balance here


  5. "Excellent Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at First Republic Bank full-time

    Pros

    Work life balance is attainable, strong culture, and you will be surrounded by very smart people. Eagle Cafe is by far the best perk!

    Cons

    401K match could be better


  6. "Great company, promoted within a year!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Preferred Banker in Boston, MA
    Current Employee - Preferred Banker in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time (More than a year)

    Pros

    -Great culture and training programs
    -Excellent pay & benefits
    -Team atmosphere, willingness to help displayed by all employees
    -Flat organization - promoted within a year from Consumer Services Associate to Preferred Banker
    -Great experience working with Drew D throughout both interview processes, as well as the promotion process

    Cons

    None come to mind at this time.

    Advice to Management

    Continue to stick to values and culture.


  7. "Digital Banking Associate"

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

    I have been working at First Republic Bank full-time

    Pros

    Really accommodating, great employees which are highly qualified, encouraging and helpful environment to be around.

    Cons

    I do not have any negative feedback

  8. "Executive Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at First Republic Bank full-time

    Pros

    Great culture! Café was a plus!

    Cons

    Execs could be stuffy and rude.


  9. Helpful (1)

    "Consumer Services, Associate I"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Century City, CA
    Current Employee - Associate in Century City, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at First Republic Bank full-time (More than a year)

    Pros

    Overtime when needed, Flexible with schedule (perfect for a student), Work Life balance is good. Benefits

    Cons

    Absolutely no room to grow. Micro-Managing Management, Culture is changing it's not what it use to be.

    Advice to Management

    Management could stop micromanaging everything. That would be nice.


  10. Helpful (1)

    "Loan Administrator"

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

    I have been working at First Republic Bank full-time (More than a year)

    Pros

    -Great Cafe for employees.
    -Room for innovation
    -Benefits
    - Great bonus percentage (on average 20%)

    Cons

    - A lot of bureaucracy
    - Technology, a lot of processes are behind at this bank


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