Sammons Financial Group Reviews | Glassdoor

Sammons Financial Group Reviews

Updated May 25, 2017
45 reviews

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Full-time Part-time

4.4
Star Star Star Star Star
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Sammons Financial Group CEO Esfand Dinshaw
Esfand Dinshaw
19 Ratings

45 Employee Reviews

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  1. Featured Review

    "Outstanding Company"

    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

    I have been working at Sammons Financial Group full-time

    Pros

    Sammons if one of the few firms that actually does what it says for values. The culture is truly something special . The benefits and ESOP are 2nd to none.

    Cons

    To date I don't really have any cons.


  2. "5 years of my life wasted!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Communications Specialist in Sioux Falls, SD
    Former Employee - Communications Specialist in Sioux Falls, SD
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sammons Financial Group full-time (More than 5 years)

    Pros

    The work I did in Cleint Communications was great, I loved it. The schedule was nice. The benefits were great, and fellow co-workers were pretty decent.

    Cons

    Management - both senior and midlevel - seem to forget their employees are real people with real problems and real feelings. They act like they care, but they don't. No way to move up there unless you're one of the favored ones, even if you do your job extremely well.

    Advice to Management

    Time off was non existent, fix that. Pay your employees for the amount of work they do. Realize that your employees are people, not robots. And have a freaking heart when tragedy strikes one of your employees twice in a 3 month period. I might have stayed and put up with the other bull carp if I thought you cared about me.


  3. Helpful (2)

    "Run Away from Sammons"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director Life Applications in Des Moines, IA
    Former Employee - Director Life Applications in Des Moines, IA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sammons Financial Group full-time (More than 10 years)

    Pros

    ESOP is only good benefit at company

    Cons

    Arrogant IT Management with no clue on the Technologies. Primitive & non Performing technology been choked in the employee's throat.
    IT Executive team has been untruthful and just passes on blame to users for shortcomings of IT. The direct I IT management team follows the arrogant behaviour and have been disrespectful towards employees and contractors. Overall IT is creating an hostile culture . You can be fired without any reason as IT got a blind & unconditional backing from C-Execs

    Advice to Management

    Change the IT Management . They are destroying the good company.

    Hope C-Executives wakes up before they are gutted out because of primitive technology & practices.


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  5. Helpful (1)

    "think twice about midland"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Sioux Falls, SD
    Current Employee - Sales in Sioux Falls, SD
    Doesn't Recommend
    Disapproves of CEO

    Pros

    good people and well positioned as a small midwest insurance company. very helpful with support but lack direction.

    Cons

    senior mgmt has unrealistic expectations and out of touch. very unorganized and do not have any structure. no communication between diff levels of mgmt.

    Advice to Management

    put together a business plan.....they actually work.


  6. Helpful (1)

    "Unrealistic Goals and Poor Training"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Sammons Financial Group full-time (More than 5 years)

    Pros

    ESOP and thats about all any longer

    Cons

    Are expected to complete the role of 2 to 3 people daily without any help or proper training. Production and quality goals are some of the most unrealistic goals to acheive and maintain. They have no training schedule in certain dept's and the room to advance is very limited or non existent. Company has bonuses that are getting to the point of being unachievable. Will tell you in interview you only work half days on fridays and then after you start are told you have to work mandatory overtime or will be written up. Attendence policy is very strict and no compassion if family emergency occurs. You will be written up for anything. Most supervisor's have no idea how to process and are unwilling to help or listen. Are always told to just work more overtime. When I first started with the company they had core values they instilled. Now the core values mean nothing to the company and are almost unheard of. Company does not care about employees like they had in the past. To management you are just replaceable. No work/life balance, all they care about is overtime and could careless if you spent any time with your family.

    Advice to Management

    Listen to your longterm employees and value their thoughts and suggestions. Don't say you will take suggestions when in reality you will listen and take none of them seriously. You are not always correct in how things should be done. Value your employees and make them feel appreciated. Reevaluate your compensation as you are not competitive compared to other companies in the area. Your pay is way below average compared to other companies in the area.


  7. Helpful (4)

    "Was great but new management does not embrace the culture"

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

    Pros

    The company was great at one time but the current senior management is not always forth coming and does not take the employees surveys seriously.

    Cons

    The company was great at one time and had a management you could trust but the current senior management is not always forth coming and does not take the employees surveys seriously. The CIO is not truthful.


  8. Helpful (4)

    "Disorganized"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in West Des Moines, IA
    Former Employee - Anonymous Employee in West Des Moines, IA
    Doesn't Recommend

    I worked at Sammons Financial Group (More than a year)

    Pros

    ESOP if you stay long enough to become vested in the company, and many do-it helps balance out the lower pay.

    Cons

    -Not providing good service, maybe it's just the insurance industry, the tools to do the job are just not there. Right hand doesn't know what the left hand is doing. Promotions to those willing to go with the flow, not those who see a need for some changes.


  9. Helpful (3)

    "Negatives outweigh positives"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative in Chicago, IL
    Current Employee - Administrative in Chicago, IL
    Doesn't Recommend
    No opinion of CEO

    I have been working at Sammons Financial Group full-time (More than a year)

    Pros

    - Executive leadership seems to have a solid idea where company is going.
    - ESOP has, in the past, been extraordinarily generous for participants

    Cons

    - Company is FILLED with long-time employees who refuse to consider new ideas, including managers.
    - Employees spread over four sites for cost savings, but hard to coordinate between all four and despite a "company first" motto each site has its own territorial issues and often won't work with others.
    - Challenging and outdated infrastructure
    - Perpetual concerns that Chicago office will close has created a toxic, unpleasant atmosphere there, with many fearing that their jobs will be eliminated or moved.

    Advice to Management

    Too long a list to actually post here, but most of what they're doing now is short term measures. They need to look long term. Invest in systems updates or delete blocks of business. Invest in locations or combine them. The continuous "bandage" approach is wearing thin.


  10. "Not for me"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in West Des Moines, IA
    Former Employee - Anonymous Employee in West Des Moines, IA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Sammons Financial Group full-time (More than a year)

    Pros

    Great ESOP program after 3 years employment. Strong growth year after year.

    Cons

    Overly lean operations are great for the company's bottom line, but bad for the employees who have to work harder because the company doesn't want to invest in much needed upgrades.

    Advice to Management

    Pushing your employees to produce is fine, but the pressure needs to be equally placed on upper management to provide the necessary resources.


  11. "Disjointed organization"

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

    I have been working at Sammons Financial Group full-time (More than 3 years)

    Pros

    Benefits and ESOP are great. They claim you get off at 1230 on Fridays however that's rare due to workload.

    Cons

    Overworked and underpaid. Lack of recognition for hard work. Talk is cheap related to culture. There are several unhappy people.

    Advice to Management

    Look beyond your cliques and value employees of all levels. Spend money on systems that actually work


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