First Merchants – Good place to work but are way behind the times in comp program. Only thing keeping me here is work/life balance and ability to be sucessful in hitting my goals. If those change, I will make a move for more money | Comparably

First Merchants – Good place to work but are way behind the times in comp program. Only thing keeping me here is work/life balance and ability to be sucessful in hitting my goals. If those change, I will make a move for more money

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
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EMPLOYEE
PARTICIPANTS
1597
TOTAL
RATINGS
46339

Good place to work but are way behind the times in comp program. Only thing keeping me here is work/life balance and ability to be sucessful in hitting my goals. If those change, I will make a move for more money

Briefly describe your overall experience at your company

enjoy the bank, good work/life balance, good people. Pay and sophistication below average.

Briefly describe your overall experience at your company

Good people that work here

Briefly describe your overall experience at your company

Understaffed in key areas to be sucessful. Executive Management is manging to the shareholders and stock rather what is good for employees and rhe bank

Briefly describe your overall experience at your company

Overall, it is positive with room for improvement. There is no perfect company out there

What are some of the best things about your team?

all get along and work toward goal

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

Low stress and good place to work

What do you like best about the leadership team?

Easy access to them as needed

What do you like best about the leadership team?

Approachable and accessible vs larger banks

What do you like best about the leadership team?

accessible & know who I am

What is the best part about your compensation package?

unlimited cash bonus and annual raise

What are some of the best things about your team?

Smart and hard working, get along with them

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

seem to care about the employees

What makes you most happy at work?

Being successful at what I do

What do you like best about the leadership team?

Access to them is available

What do you like best about the leadership team?

Accessable for the most part

What are some of the best things about your team?

Good at jobs they do

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

good place to work, lower stress than other places

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

Getting deals done which is how im graded and work/lofe balance

What are some of the best things about your team?

Everyone wants to do the right thing and will help you as they can

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

We are way under market for comp packages. Our Benefits leave a lot to be desired

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

I am underpaid by 20-30k/year vs. he market. Our benefits are bottom tier from other banks' offering

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

I know for a fact that i am well underpaid vs. the market. Job offers say the same

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

I know for fact that my base salary is about 15% below market for same position at other banks

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

We are not very aggressive on the credit side vs other banks. Take more risk on good companies

What are some of the best things about your team?

everyone seems to be trying to do the right things and will help out others to get the job done

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

We are an $18B bank but our systems and processes are for a $4B bank. We want growth but won't invest in the systems/processes/people to do it well

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

antiquated systems and policies, low pay vs. the market. trying to determine who we want to be. Invest in meaningful system upgrades, pay market compensation, and figure out what we want the bank to be

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