Security Finance Corporation of Spartanburg Reviews | Glassdoor

Security Finance Corporation of Spartanburg Reviews

Updated October 13, 2017
131 reviews

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3.4
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Ray Biggs
50 Ratings

131 Employee Reviews

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Pros
  • Excellent health insurance, 401K and profit sharing (in 15 reviews)

  • Good benefits and profit sharing (in 14 reviews)

Cons
  • Long hours / Sat work / lack of life/work balance (in 16 reviews)

  • Sometimes you may have to work late nights or 6 days a week (in 10 reviews)

More Pros and Cons

  1. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Security Finance Corporation of Spartanburg full-time (More than 10 years)

    Pros

    Benefits package is wonderful. Flexible schedule. I was always able to work it out to attend my kids events at school.

    Cons

    Collections is always a challenge. Changes happen quite often but that’s not the company’s fault. Evaluations and raises aren’t consistent

    Advice to Management

    Communicate with the people in the branches doing the job better. Be more realistic when setting objectives. Show more appreciation to assistants


  2. "Amazing Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Territory Supervisor in Anderson, SC
    Current Employee - Territory Supervisor in Anderson, SC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Security Finance Corporation of Spartanburg full-time (More than 10 years)

    Pros

    I have worked for SFC for over 15 years. I can not imagine not working for another company. The benefits package is one of the best with free insurance for the employee and minimal fee for dental. 401K and profit sharing program makes you feel like you are truly part of the company.

    Cons

    No cons to speak of. The finance industry is competitive, numbers driven and goal setting atmosphere. I must admit this job is not for everyone and you have to be a motivated, self starter and results oriented.

    Advice to Management

    Thank you for your attention to your employee's and going above and beyond to be a leader in our industry with all of the changes we have seen of recent. I do feel entry level employees would benefit from a more vocal approach from home office and the direction the company intends to take when changes are made.

  3. "Great Company"

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

    I have been working at Security Finance Corporation of Spartanburg full-time (Less than a year)

    Pros

    Great benefits from medical, to 401k and profit sharing, up to 4 weeks paid vacation and paid holidays. Very customer oriented and friendly environment. Company strives for overall satisfaction of customers and employees. Pay is good with good bonus structure.

    Cons

    Work schedule for employees, but unfortunately it is needed to provide for the needs of the customer.

    Advice to Management

    Be fair with work hours throughout the company, hours vary from office to office and some are open every Saturday and some do not even up on Saturdays. Maybe different shifts that can be rotated amongst employees.


  4. "Great Company"

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

    I have been working at Security Finance Corporation of Spartanburg full-time (More than 10 years)

    Pros

    Opportunities to move up based on experience and performance, not just time in position. Excellent health insurance, 401K and profit sharing. Company invests in training and developing personnel, just up to the individual as to how much they invest in themselves. Helps customers and local communities. You can make a difference everyday.

    Cons

    Advancement sometimes depends on ability to relocate within the state or other states if there is not any open local promotion opportunities.


  5. "Assistant Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Nice pay good benefits pays for your health insurance

    Cons

    Long works hours , collecting hard


  6. "More a family than a job! Great place to work, but don't expect to get rich working here."

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

    I worked at Security Finance Corporation of Spartanburg full-time (More than 5 years)

    Pros

    > Easy hours, 9-5 mon thru fri with two nights until 8.
    > Good training
    > Management cares about the development of its people
    > Good benefits and profit sharing
    > Customers are great

    Cons

    > Payscale is outdated.
    > Bonus structure is fair, but when combined with payscale most employees still make less than their competitor's counterparts.

    Advice to Management

    Consider restructuring pay (even doing away with bonuses altogether) so that hourly wage is more in line with the level of responsibility the employees are given.


  7. Helpful (1)

    "It's a who you know company **4 year employee**NWGA"

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

    I worked at Security Finance Corporation of Spartanburg full-time (More than 3 years)

    Pros

    I managed 4 separate offices and among those 4...3 were enjoyable. It's like family in most offices when you have a good team behind you. The benefits are good and Corporate treats the employees well. Insurance is free for employees and cheap to add family. Dollar per Dollar 401k match

    Cons

    Poor leadership at Supervisor/VP levels. To many good leaders and team members either walk away or lose their jobs because of personal relationships Supervisors have with other employees. Breaking laws is something that happens often here as well. Corp and Auditing team needs to be more aware of what's going on. Fear of job loss for breaking and for not breaking company policies and collection laws is an issue. Long hours / Sat work / lack of life/work balance. Optional Insurances are forced on customers without knowledge and are not sold to customers. SENIOR assistants that still follow old/outdated collection practices that are by law banned.

    Advice to Management

    Auditing team needs to review more than file documents. Their should be a a loan review team on a Corp level that calls random customers after loan closings to verify insurance was explained and that they understood the cost of that insurance. You have good people working for you but many of your upper management / leaders are self serving. Their should be anonymous leadership reviews / surveys and experiences done on all Supervisors/ VPs

  8. Helpful (3)

    "Must Be Part Of The "It" Club"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Store Manager in LaFayette, GA
    Former Employee - Store Manager in LaFayette, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Security Finance Corporation of Spartanburg full-time (More than a year)

    Pros

    Free Health Insurance
    Decent Bonus Potential

    Cons

    Stay on Your Social Media Page and question anything you post. Even if its private. I dont know if they have bots or what or profiles they make and send you requests. I was terminated due to my social media page. I'm not a partier or drinker so it wasnt any of that. They didnt agree with my political and religious views. You read that right. They gave me warning to have everything removed but since I didnt I was let go. I wasnt part of the club.

    Worked till 9pm many times even when my store was doing the best in the district and/or state. Hours of operation were never consistent and confused the customers.

    Advised to do anything to collect on accounts but would be thrown to the wolves once you were caught.

    Advice to Management

    Set a straight schedule and dont force employees to work till 9pm on the last day of the month. Dont become friends with certain employees and treat the other employees like dirt. I loved this company until I was promoted to a store manager and saw the different side of the company that the understaff doesnt get to see. Stay off of your employees social media accounts and dont judge them because they support a certain politician or have a religious belief that is different than your own.


  9. "Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Assistant Manager in Hugo, OK
    Current Employee - Senior Assistant Manager in Hugo, OK
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Security Finance Corporation of Spartanburg full-time (More than 3 years)

    Pros

    Medical benefits. Paid time off. Office job

    Cons

    None that I know of.

    Advice to Management

    Great job


  10. "SENIOR ASSISTANT MAN"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Assistant Manager in Duncan, OK
    Current Employee - Senior Assistant Manager in Duncan, OK
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Security Finance Corporation of Spartanburg full-time (More than a year)

    Pros

    Pay is ok. Health insurance is great. They also have a Christmas club.

    Cons

    Hours are horrible. Do not need the late nights need to make the hours from 8:30 to 5:30.

    Advice to Management

    Get rid of the late nights and Saturdays. No one shows up.


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