First Merchants – I like FMB sometimes an love the ERGs but working in the branch, I do not think we are being heard about compensation issues, goal struggles, and procedural/operational concerns surrounding consumer lending by upper managers/leadership which is very discouraging and makes me feel burnt out. | Comparably

First Merchants – I like FMB sometimes an love the ERGs but working in the branch, I do not think we are being heard about compensation issues, goal struggles, and procedural/operational concerns surrounding consumer lending by upper managers/leadership which is very discouraging and makes me feel burnt out.

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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
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EMPLOYEE
PARTICIPANTS
1597
TOTAL
RATINGS
46339

I like FMB sometimes an love the ERGs but working in the branch, I do not think we are being heard about compensation issues, goal struggles, and procedural/operational concerns surrounding consumer lending by upper managers/leadership which is very discouraging and makes me feel burnt out.

Briefly describe your overall experience at your company

It is ok. Need better benefits. Our health insurance company is not good and it doesn't cover RX well. The consumer bankers have absurd goals especially in markets where there is a lot of other bank competition. Bank doesn't help with marketing in the area and we suffer not reaching goals.

Briefly describe your overall experience at your company

I like the DEI programs and ERGs, though I wish the meetings were easier to attend for branch employees. I think consumer goals are not attainable in my market. The pressure to have call blocks to cold call clients makes for a stressful work environment.

What does the leadership team need to get better at?

Actually listen to what employees are saying.

What are some of the best things about your team?

They are fun to be around

What's going wrong and how can it be improved?

Short staffing so we get burnt out easily.

What is most positive about the culture and environment at your company?

My coworkers and manager are friendly and fun and understanding.

What's going wrong and how can it be improved?

Consumer goals are too much and hitting them seems too unattainable

What does the leadership team need to get better at?

Listening to the feedback from consumer bankers/branches who are the most face to face with cusomers.

What does the leadership team need to get better at?

Listening to employees when they say they do not feel fairly compensated and when they say the benefits are not good.

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

New hires get a competitive wage and current employees get paid less even if they have more experience and seniority. Pay current employees competitively as well.

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

I feel undervalued because my current compensation does not reflect the significant contributions and experience I bring to the team and I feel undervalued after accidently uncovering pay difference w/ associates in my same position in the same market who have been with the company less time than me

What's going wrong and how can it be improved?

Work can be stressful and I already have stresses in my life outside of work related to monetary needs especially in the tumultuous economy. Having in and out of work stresses really tear a person down. Having better compensation and benefits would improve out of work stresses and make me happier

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