![]() Bonus structure is based on the branch’s goal and how many non managers are in the office. Essentially on my paychecks I am making the same on my net income as when I started. I am making like $1.60 over what I was making when I started in 2019 despite the fact that I am regular top performer. SCLS get raises maybe once a year? The raise is typically a couple of cents even if you are meeting/exceeding goals. Assistant managers get “raises” every 3/6 months. Some managers are great while others fall short of the skills to be effective leaders. While implementing impactful changes can sometimes be challenging, our leaders seek feedback from team members to help them adjust to those changes. This often means that frequent system improvements and process changes are needed to enhance our customers’ experience and grow our product offerings. Republic Finance is a growing and changing to meet the needs of OUR CUSTOMERS. Team members have access to incentive forecast tools, which help them to understand and preview their monthly incentive payments. The structure of branch team member incentives changes as company goals change. Monthly incentives for branch team members are used to encourage strong performance in areas that match the strategical goals of Republic Finance. In regard to the Cons listed, we are sorry that the poster had a negative experience but hope others will keep the following information in mind. We review and consider all feedback for opportunities to reinforce what we do well and to improve where appropriate. You can’t really tell when you’re in the “dying” regions how much job security you have from day to day, not to mention the ever changing compliance policies that effect audit ratings. offering better APR percentages than offered in office or offering lower payments. The oldest regions seem to be slowly dying out due to the lack of new customers, while the new regions are flourishing, and the promotional products being sent in the mail or offered online seems to be working against in the office operations, i.e. ![]() They are also constantly changing the application and underwriting systems which effects your ability to approve loans and applications in the office, in turn effecting your monthly incentive as well. The incentive structure seems to change a lot, along with goals and categories, meaning you really don’t know month to month what your monthly incentive might look like. The stress level that comes with working within a branch, whether it be a loan specialist or branch manager, can be absolutely overwhelming. ![]() Unfortunately, there cons are pretty big. There is little to no issue with requesting off or taking vacations, scheduling appointments or needing to leave for unexpected emergencies. There is a monthly incentive that currently is not capped, you are immediately granted PTO, insurance benefits, 8-5 work hours and holidays off, and also a competitive starting base pay. The company has great benefits to their branch operations positions. This is just my experience with Republic Finance. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business.I will start by saying I will not say if I am currently employed or not. BBB Business Profiles are subject to change at any time. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. BBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment.
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