Millennials at First Republic Bank | Comparably
First Republic Bank Claimed Company
First Republic Bank was founded in 1985 read more
EMPLOYEE
PARTICIPANTS
120
TOTAL
RATINGS
1165
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Millennials at First Republic Bank

Millennials at First Republic Bank grade their overall culture a C; also rating it 64/100, 12 points lower than First Republic Bank's overall culture as rated by all 120 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at First Republic Bank think their company is performing well in are: CEO Rating (A+), Executive Team (A+), and Leadership, (B+).

Work Life Balance & Community Outreach at First Republic Bank

Millennials working at First Republic Bank and everywhere else are striving for a balanced life. At First Republic Bank, not many employees are satisfied with their work life balance. The average First Republic Bank employee receives 15-20 paid days off per year, and socializes with their peers once a week outside of work. See what employees at First Republic Bank think about their work life balance.

AnswerPercent
Yes20%
No80%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days0%
15-20 days100%
10-15 days0%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly50%
Monthly50%
Sometimes0%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at First Republic Bank

Within San Francisco, 33% of millennials shared they have a mentor. At First Republic Bank, 50% of millennials say they receive mentorship, which leads to the assumption that First Republic Bank is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at First Republic Bank.

AnswerPercent
Yes50%
No50%
Do you have a mentor at work?
AnswerPercent
Yes29%
No71%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at First Republic Bank

Employees at First Republic Bank have ranked their perks and benefits in the Top 10% of companies within San Francisco and in the Top 5% of similarly-sized companies on Comparably. When asked to estimate how much employees think First Republic Bank spends on their benefits, the most common answer selected is $1500 - $2500/mo. Learn about perks & benefits at First Republic Bank.

AnswerPercent
Yes88%
No12%
Are you satisfied with your Benefits?
AnswerPercent
Yes33%
No67%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training33%
Decision Making0%
Fun Culture67%
Retirement Contribution0%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at First Republic Bank

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, First Republic Bank employees rate their work life balance a C. They think highly of First Republic Bank's professional growth opportunities. Employees have graded First Republic Bank's perks and benefits an A+. These ratings and reviews lead us to conclude that First Republic Bank is an excellent company for the millennial workforce. Learn more about First Republic Bank's efforts to retain employees.

AnswerPercent
Yes50%
No50%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes57%
No43%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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