Do not trust this company - Financial Advisor Foresters Financial Employee Review

1.0
28 May 2020
Recommend
CEO approval
Business outlook

Pros

Building Relationships with Customers and working from home

Cons

I was within the top 5 Adviser's in both 2018 and 2019. Working around 50 hours p/wk, averaging 10 appointments and achieved over double my annual target. Everything seems great when you start and bonus gradually deteriorates. Clawbacks become incredibly high and advisers are forced to stay due to the debt they accumulate. Bonus structure forced on advisers in January causes financial hardship Company car tracking breaches data protection HR are rude and arrogant CEO Euan Allison is intimidating and laughs at your expense No support from anybody Fuel expenses at 10p p/mile don't cover the actual cost of fuel. Clawbanks on Bonus structure are not in your control. The 5* comments below have been written by a member of staff that were forced to write them by management to increase they average star rating on glass door. Over 15% of advisers in the UK have resigned since January 2020 due to the way the company treat their employees.

Explore other reviews about Foresters Financial

5.0
2 Apr 2024
Recommend
CEO approval
Business outlook

Pros

Really knowledgeable colleagues who helped get you off your feet

Cons

If you are a people person, it's a great place to start a career.

4.0
17 Dec 2024
Recommend
CEO approval
Business outlook

Pros

Nice place to work altogather

Cons

Sudden separation and sudden layoff

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