Stifel Financial Corp. Employee Reviews
Out of 55 Stifel Financial Corp. employee reviews, 57% were positive. The remaining 43% were constructive reviews with the goal of helping Stifel Financial Corp. improve their work culture.
What does the leadership team need to get better at?
Giving back to the employees that keep client relationship at stifel. Would be nice to have stifel Stock, better medical costs, pay and bonuses etc.
Recognizing long term employees and holdung meetings quarterly with all employees not just those in St. Louis
They are clueless to how the street does things and often lack basic understanding of the simplest concepts. The CEO is more interested in being on television rather than pay a competitive or even current wage.
literally everything can be done better
Why do you feel undervalued and what would make you feel better about your compensation?
A progression plan or any advise to do better as an employee. only way to get promoted is to know someone or leave and come back.
While compensation was higher compared to other firms, health benefits was expensive which reduced overall compensation. The required time to get vested for 401K and longer than similar size firms.
Company can arbitrarily convert any portion of pay to deferred comp at will without notice.
Sick days / PTO less generous than rivals. Worse pay rates, lower, less frequent bonuses. Smaller firm, has less money to pay but it's still not enough in light of the big firms in town. Very inflexible with remote work
Benefits are extremely expensive. There is no stock plan for employees. Salaries are intentionally kept low which means the firm often hires who they can afford instead of who is qualified for the role.
What do your coworkers need to improve and how could you work together better?
Be open to process improvement! Communicate and not set employees against each other by offering different perks to different people.
Communicate and look at metrics to do better.
What needs to change to make the company culture better?
Have leaders know change is wanted...take a walk in their shoes.
Real, qualified leadership and a vision for the future
The firm would benefit from a major retirement. There are too many outdated minds running the ship.
What would you improve about your company's interview process?
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What's going wrong and how can it be improved?
Company is being run by unqualified managers
No attempt to raise advisors organically from within. Extremely lax Covid policies that put hundreds of home office staff at risk. Inefficient capital allocation to home office systems leads to manual processes that result in errors and omissions which drives down profitability
everything is going wrong and everyone is leaving
What would you most like to see improved at your company?
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