First Merchants – I would like to make a livable wage for a single income household. | Comparably

First Merchants – I would like to make a livable wage for a single income household.

First Merchants Bank Opens in Fitzgerald Neighborhood!
First Merchants Claimed Company
For consumers and businesses and all customers, First Merchants Bank delivers uniquely attentive service across a broad range of financial services. As a community bank with a strong positive reputation, we approach all customer relationships with a genuine “helping you prosper” service approach. read more
This company is accepting feedback from verified employees
EMPLOYEE
PARTICIPANTS
1597
TOTAL
RATINGS
46339

I would like to make a livable wage for a single income household.

What do you like best about the leadership team?

I appreciate the commitment to diversity, equity and inclusion. I hope this continues to be valued.

Why do you feel undervalued and what would make you feel better about your compensation?

New employees are making more money than long-term employees, due to higher starting pay. The raise structure does not keep up with inflation, which may lead to higher turnover.

Why do you feel undervalued and what would make you feel better about your compensation?

Valuing employees through respectable compensation. There never seems to be enough money to pay individuals lower on the totem pole, but there always seems to be enough for Executive team members and their favorites.

What does the leadership team need to get better at?

Look at current employees, rather than focusing all the attention on new hires. Think about the cost of turnover versus the bottom line. The money you save on not giving current employees raises or alternative incentives will cost triple the amount to acquire, train and implement their replacements.

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