First Merchants – FMB has a great culture and employs a lot of great people that want to help. FMB has a reputation for not paying enough to retain top talent. Upon losing talent, this leaves remaining employees with larger work loads with no increase in compensation. Yet, my manager is the best I've ever had. | Comparably

First Merchants – FMB has a great culture and employs a lot of great people that want to help. FMB has a reputation for not paying enough to retain top talent. Upon losing talent, this leaves remaining employees with larger work loads with no increase in compensation. Yet, my manager is the best I've ever had.

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

FMB has a great culture and employs a lot of great people that want to help. FMB has a reputation for not paying enough to retain top talent. Upon losing talent, this leaves remaining employees with larger work loads with no increase in compensation. Yet, my manager is the best I've ever had.

Briefly describe your overall experience at your company

Advancements in the banking industry have left us in the dust. I want us to commit to real, impactful investment in technology in order to maintain a long-term ability to be a community bank that adds value to our diverse stakeholders. We want to be a community bank. Let's do it with technology.

Briefly describe your overall experience at your company

After three years with the company, an ongoing lack of investment in technology, a extremely fast paced (and ever-increasing) work environment with an overwhelming amount of competing demands, and a non-competitive salary has led me to apply for opportunities externally.

What do you like best about the leadership team?

Their open-door policy and willingness to communicate with my team.

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

Management's open-door policy, and my coworkers' willingness to help me succeed.

What do you like best about the leadership team?

The leadership team makes itself available and accessible to all employees. There is an open-door policy.

What do you like best about the leadership team?

I appreciate their transparency and open-door policy. Multiple C-suite members and my manager, including my manager's bosses, have reached out offering their assistance and support.

What do your coworkers need to improve and how could you work together better?

I would like to see more passion from my coworkers. Additionally, I believe my coworkers could be more understanding and compassionate of others around them.

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

My coworkers are willing to help and assist me through day-to-day operations. I appreciate that others have the desire to help me through the operational challenges I face.

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

Most of my coworkers, managers, and leaders have an open-door policy that I appreciate. I am not intimidated to ask questions when I need help or don't understand.

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

FMB compensation is not competitive with market rates. For the work that I do as a credit analyst, the market suggests that I should be receiving more compensation.

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

Both benefits and compensation are lacking. Though they may be in line with market averages, I have seen many co-workers leave for better pay and benefits since starting with FMB.

What do your coworkers need to improve and how could you work together better?

I am a very introverted person, so I do not look forward to interactions with my coworkers. This is not something my coworkers can control, I just find too much social interaction straining.

What makes you most happy at work?

My manager's willingness to have conversations about higher-level concepts than what I cover in my role make me excited and engaged. Also, FMB is helping pay my way through school. This also engages me.

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

My compensation is not in line with market averages, and the benefit package does not communicate that the company values a work-life balance. I would prefer an increase to compensation before an increase to benefits.

What do your coworkers need to improve and how could you work together better?

Many of my coworkers communicate through their actions that they don't truly care about their clients. I see a general lack of passion from my coworkers. I'd like to see my coworkers invigorated to bring actual positive change to clients through committed customer service.

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

We should bring technology into the center of what we do. Advances in technology lead to seamless client experiences. All aspects of our business can be enhanced. A suppression of short-term shareholder wealth is a reasonable trade for the stability of long-term shareholder wealth.

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

The workplace is intense - numerous competing demands; not enough coworkers on team to meet ongoing workload. Adding staff to help manage workflow would relieve pressure. The size and breadth of my daily task load is distracting and draining. I can only give each task 75% of my attention.

×
Rate your company