First Republic Bank Reviews | Glassdoor

First Republic Bank Reviews

Updated April 25, 2017
215 reviews

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215 Employee Reviews

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  1. Helpful (2)

    "Fast growing bank"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook

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

    Pros

    Everyone in the bay area is familiar with the bank so selling is much easier than at other institutions. You are paid very well for the work you do and the benefits are excellent. The training is also excellent.

    Cons

    Very difficult to move within the company and there is no training in place to make sure you can move up with the company. Once you are in your position, it is very difficult to move.

    Advice to Management

    Provide career tracks for employees to follow. The ongoing training and mentoring provided is excellent, but there is no clear path to a new or higher position.


  2. Helpful (2)

    "Great place to work, but work you will!"

    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 (More than a year)

    Pros

    Very good compensation, solidly pays market rate. Great environment and some amazing people!

    Cons

    Workload is crushing due to some shortcomings in staffing.

    Advice to Management

    Reconsider staffing levels - it will lead to increased retention and staff morale!


  3. Helpful (1)

    "Analyst"

    Star Star Star Star Star
    Current Employee - Credit Specialist in Oakland, CA
    Current Employee - Credit Specialist in Oakland, CA

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

    Pros

    Solid company, great benefits, supportive colleagues, impressive growth.

    Cons

    Unclear career progression, at times - difficult to understand goal/direction of group.


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  5. Helpful (1)

    "Preferred Banker"

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

    I have been working at First Republic Bank (More than 3 years)

    Pros

    many company perks. The banks spends money generously on employee events, client events and employee cafes.

    Cons

    Few in senior management tend to be abusive and manipulative. Overtime everyday. work processes inefficient leaving employees feeling overworked.


  6. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Online Banking Analyst in Beverly Hills, MI
    Former Employee - Online Banking Analyst in Beverly Hills, MI
    Recommends
    Positive Outlook

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

    Pros

    Great benefits package, ethical institution to work for, great place to build your career. high client base through efficiency and effectiveness

    Cons

    talk to the right people to connect and to build your career path. Be patient but persistent always


  7. Helpful (1)

    "A Good Company"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook

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

    Pros

    Good pay, good benefits, great culture and a family atmosphere. I have worked for a number of banks, and though FRB is not without its problems, it is head and shoulders above the rest.

    Cons

    The constant pace of growth at FRB makes work life balance a challenge. The culture and pay lends to a very engaged work force, but the frequency of change does cause strains for employees.


  8. "Credit analyst."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Analyst in San Francisco, CA
    Current Employee - Credit Analyst 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

    First republic bank just changed their minimum pay to $20 per hours and increase to 3 weeks vacation for every employee.

    Cons

    Everyone is so new and fresh for the department. The management level lack of experience doesn't know how to help the new employee when they face problem. And always require OT

    Advice to Management

    Need to hire someone has experience


  9. Helpful (24)

    "Don't Come Here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in San Francisco, CA
    Current Employee - Director 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 a year)

    Pros

    First Republic seems like a great place to an outsider- and can seem like there are a lot of advancement opportunities.

    Cons

    the truth is that there are some really awful people in executive positions that make working at FRB horrible. So bad in fact that you could call it hostile, you can have a senior exec screaming at your for something that's so minuscule it doesn't matter to anyone (but them) because they have a bizarre control issue and everyone knows it.

    Advice to Management

    take a look at your leadership team and get feedback anonymously from department members.


  10. "Positive Work Environment"

    Star Star Star Star Star
    • 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
    Recommends
    Positive Outlook

    I have been working at First Republic Bank full-time (More than 8 years)

    Pros

    The Bank provides lots of opportunities to employees who are interested in making a difference and who demonstrate this on a regular basis.

    Cons

    The Bank continues to experience growing pains.
    Work/life balance.


  11. Helpful (6)

    "Analyst"

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

    I have been working at First Republic Bank full-time (More than 8 years)

    Pros

    Pay/bonus is great compared with a lot of bigger banks. There's an onsite cafe with discounted food. Benefits a lot better compared to before-3 months paid maternity leave, major holidays off, birthdays off, 3 weeks vacation + 10 days sick days.

    Cons

    No room for growth, hard to reach out to management, no proper training or procedure in place. Sometimes you get tasks thrown at you with little to no instructions. There are people who comes in for 9 hours a day and just work through the 9 hours without taking breaks and eats at their desk but there's always those who comes in for 8 hours a day and takes their lunches and breaks as they please and plays with their phone all day. The amount of work distributed between the same department is not equal and the hard work you put in is not appreciated/recognized

    Advice to Management

    Be available to your employees. When you give us a task, explain the direction clearly. Recognize the hard work of the right people.


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