First Republic Bank 203 Reviews | Glassdoor

First Republic Bank Reviews

Updated February 17, 2017
203 reviews

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Full-time Part-time

203 Employee Reviews

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Pros
  • Great benefits to keep you stay where you are (in 11 reviews)

  • Great people, smart and dedicated (in 11 reviews)

Cons
  • No work life balance whatsoever (in 14 reviews)

  • Horrible scheduling no work/life balance (in 6 reviews)

More Pros and Cons

  1. Helpful (1)

    "Nice but needs better management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Online Banking Analyst in Boston, MA
    Former Employee - Online Banking Analyst in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Nice office, good benefits, relationship managers are nice.

    Cons

    Hard to commute to, no direct management in this particular office- my manager was in San Francisco.

    Advice to Management

    Need direct managers in Boston Office


  2. Helpful (1)

    "Great Benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Though you contibute to your health insurance, it is nominal and the coverage options are great. They also offer a lot of secondary and residual benefits that add up if you take advantage of all of them.

    Cons

    Though the benefits reflect a very good and helpful attitude toward employees, it is a very political envronment where many of the leaders and middle managers do no embrace the wonderful stated values of the company.

    Advice to Management

    Determine which leaders in the organization are advocating, promoting, and displaying the values of the company.


  3. Helpful (1)

    "Client service associate"

    Star Star Star Star Star
    • 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

    Pros

    good benefits, vacation time, 12 week maternity leave

    Cons

    work life balance doesn't exist

    Advice to Management

    create flexible working hours where it is possible


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Senior Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Real Estate Analyst in San Francisco, CA
    Current Employee - Senior Real Estate Analyst in San Francisco, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at First Republic Bank (Less than a year)

    Pros

    Great company with good life balance

    Cons

    Slow growth and not much room for other career opportunities.


  6. "Administrative Assistant"

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

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

    Pros

    The company promotes and practices a positive work environment with great work ethics. The staff is friendly and collaboration is huge part of daily tasks. I have only been with the company for a few months, but it seems that there are numerous promotional opportunities and networking internally is highly encouraged by everyone. The benefits are average compared to other similar companies - not your tech-industry perks, but you get some perks such as a birthday holiday, subsidized cafes (in the metropolis locations), buddy program, mentoring program, kitchens stalked with coffee and tea, pre-taxed commuting or parking plans, 3 weeks vacation for non-senior roles, 3% match on 401k, stocks at 10% discount, etc.

    Cons

    Some roles do not allow for working from home at least once a week.

    Advice to Management

    Encourage inter-departmental training and allow staff of all levels to opt for working from home when time and work load permits.


  7. Helpful (3)

    "Incestuous, Conservative, Poorly managed"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lafayette, CA
    Former Employee - Anonymous Employee in Lafayette, CA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at First Republic Bank (More than a year)

    Pros

    Good Cafe, close to BART, good benefits, good location, I cannot really think of any others, the bank is so poorly run.

    Cons

    Management has been with the company for literally decades, and is unable to accept change or implement it properly. Entire organization is run by Relationship Managers and the amount of business they bring in.

    Advice to Management

    Clean up the old guard, and manage from an operations standpoint, not from a RM stand point.


  8. Helpful (2)

    "After working at a few big banks this by far is one of the best companies I've ever had the privilege to work for!"

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

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

    Pros

    The teamwork and culture is something I've never experienced before. There are no silos and everyone is focused on the client. The pay is very competitive and benefits are amazing. Upper management treats everyone with respect and values the team.

    Cons

    Communication within some groups could use improvement. Changes are happening very quickly and sometimes people supporting the change are not notified in a timely manner.

    Advice to Management

    Ensure all managers are truly walking the talk through demonstrating the banks values through their actions. Recommend more team meetings so the employees know what's changing before it happens.


  9. "Good experience overall"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great co-workers, opportunity for growth (but see below)

    Cons

    Some had issues with their managers - like all jobs, your experience can depend on who you report to.


  10. "Great Company, but Experiencing Growing Pains"

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

    I worked at First Republic Bank full-time (More than 5 years)

    Pros

    Financially healthy bank with great grow prospects. Collegial work environment. Great brand. Engaging staff. Entrepreneurial atmosphere. Depending upon the role good compensation packages

    Cons

    Reactionary work environment. Some senior and executive management limited outside perspective. Overconfident management. While not overly pervasive some abusive behavior is tolerated from top producers and/or executive management.

    Advice to Management

    While new employees are asked to listen and learn the culture the reciprocal should also be true. The dogged fight to defend the existing culture comes at the expense of learning valuable lessons from new employees.


  11. Helpful (1)

    "Preferred Banker"

    Star Star Star Star Star
    • 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

    Pros

    So many perks! Autonomy, Flexibility, fun and friendly peers, fantastic locations!

    Cons

    Product training for employees can be strengthened.



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