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Foresters Financial

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Foresters Financial

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Foresters Financial Reviews

Updated Nov 22, 2022

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Found 626 of over 783 reviews
3.5
68% Recommend to a Friend
73% Approve of CEO

Found 626 of over 783 reviews

3.5
68%
Recommend to a Friend
73%
Approve of CEO
Foresters Financial President and CEO Jim Boyle (no image)
Jim Boyle
87 Ratings

Top Review Highlights by Sentiment

Pros
Cons
  • "1. poor management(in 46 reviews)
  • "There are no benefits and my savings is completely gone due to the expenses of becoming registered.(in 27 reviews)
  • "Long hours and lots of cold calling.(in 21 reviews)
  • "Tough for new representatives because there is no salary(in 18 reviews)
  • "Pay is low(in 18 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Gender

This rating reflects the overall rating of Foresters Financial and is not affected by filters.

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  1. 5.0
    Former Employee, more than 1 year

    awesome experience

    Oct 24, 2022 - Sales Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Dynamic environment, great team, useful tools

    Cons

    Have to be driven in sales

    Be the first to find this review helpful
  2. 4.0
    Current Employee, more than 5 years

    Good atmosphere; low pay

    Nov 2, 2022 - Administrative Principal in Indianapolis, IN
    Recommend
    CEO Approval
    Business Outlook

    Pros

    People are friendly, welcoming, helpful

    Cons

    Low pay and very small raises based on experience

    Be the first to find this review helpful
  3. Join the Foresters Financial team
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  4. 2.0
    Former Employee, more than 1 year

    Analyst

    Aug 4, 2022 - Business Analyst in New Brunswick, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good work life balance. Nice people

    Cons

    Hard industry to be successful.

    Be the first to find this review helpful
  5. 2.0
    Former Employee, more than 3 years

    Wouldn't work here

    Jun 21, 2022 - Foresters Financial Advisor in Iselin, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great coworkers, flexible hours and scheduling

    Cons

    Not much help from management, full commission sales role

    Be the first to find this review helpful
  6. 5.0
    Former Employee

    Job

    Mar 22, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Fun place to work, co-workers are great

    Cons

    High pressure environment at times.

    Be the first to find this review helpful
  7. 4.0
    Former Employee, more than 8 years

    Community-focused

    Feb 26, 2022 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Fraternal benefit organization that by charter must provide assistance to communities through its members. Foresters has a purpose beyond its business.

    Cons

    Lots of change over the last few years.

    Be the first to find this review helpful
  8. 1.0
    Former Employee, less than 1 year

    Severely dysfunctional

    Jun 4, 2022 - Assistant Vice President 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Friendly co workers in US and Canada

    Cons

    Senior leadership not on the same page resulted in a lot of turnover of the most talented people

    Continue reading
    Be the first to find this review helpful
  9. 2.0
    Former Employee

    Eh

    May 9, 2022 - Administrative Assistant 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    The people were nice and weekends off

    Cons

    Pay was terrible Management liked to over extend their department .

    Be the first to find this review helpful
  10. 3.0
    Former Employee, more than 3 years

    FF

    Mar 29, 2022 - Customer Service Representative 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Upper management stuck to open door policy

    Cons

    Mid level managent wasn't the best

    Be the first to find this review helpful
  11. 2.0
    Former Employee, more than 10 years

    Not great

    Feb 11, 2022 - Customer Service Representative in Edison, NJ
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Some of the people are amazing

    Cons

    Benefits are expensive Pay is low Raises are small Management changed often and did not care for their employees

    Be the first to find this review helpful
Viewing 1 - 10 of 626 Reviews
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Foresters Financial Reviews FAQs

Foresters Financial has an overall rating of 3.5 out of 5, based on over 783 reviews left anonymously by employees. 68% of employees would recommend working at Foresters Financial to a friend and 63% have a positive outlook for the business. This rating has been stable over the past 12 months.

According to anonymously submitted Glassdoor reviews, Foresters Financial employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at Foresters Financial. This rating has decreased by -1% over the last 12 months.

68% of Foresters Financial employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Foresters Financial 3.3 out of 5 for work life balance, 3.6 for culture and values and 3.0 for career opportunities.

According to reviews on Glassdoor, employees commonly mention the pros of working at Foresters Financial to be benefits, coworkers, career development and the cons to be culture, management, compensation.

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Glassdoor has 783 Foresters Financial reviews submitted anonymously by Foresters Financial employees. Read employee reviews and ratings on Glassdoor to decide if Foresters Financial is right for you.