Western Financial Group Insurance Broker Reviews | Glassdoor.ca

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Western Financial Group Insurance Broker Reviews

5 reviews

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Insurance Broker

4.5
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Western Financial Group President and CEO Kenny Nicholls
Kenny Nicholls
2 Ratings

Employee Reviews

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Pros
  • "They realize there has to be a fair work/life balance" (in 6 reviews)

  • "We have really good benefits, 3 weeks of vacation days/year to start along with flex days and sick days" (in 8 reviews)

Cons
  • "Not a lot of contact with head office" (in 8 reviews)

  • "The micro management and cancerous environment brought about at the mid management level made the environment extremely toxic" (in 4 reviews)

More Pros and Cons

  1. "Great company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Broker in Medicine Hat, AB
    Current Employee - Insurance Broker in Medicine Hat, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Western Financial Group full-time (More than a year)

    Pros

    Stable company, lots of opportunity for advancement, company allows for good balance between family and work.

    Cons

    Training can be slow, tons to learn to understand the industry

    Western Financial Group Response

    8 Feb, 2018 – Digital Media Specialist

    Thanks for taking the time to review Western.


  2. "Good Place to Learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Broker in Medicine Hat, AB
    Current Employee - Insurance Broker in Medicine Hat, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Western Financial Group full-time

    Pros

    - 2.5% RRSP match
    - 5% ESOP match (earning share program, works out to a 22.7% guaranteed return after the 3 year period)
    - paid courses
    - opportunity for decent quarterly bonuses
    - fairly flat organizational structure
    - extremely high income potential in commercial sales
    - directors seem to be taking the company in the right direction
    - 3 weeks of vacation, flex days, and sick time from the start

    Cons

    - salaries are lower than other places, due to the "total compensation package". If you take full advantage of the company matched incentives, then it does work out OK, but the biggest issue is for smaller branches that cannot achieve the required numbers to hit quarterly bonuses.
    - within the past year or so, lowered the company paid portion of benefits to 50%
    - absolutely atrocious servers/technology. For a company this large, it's laughable at the speed that the computers operate at. The fact that no one at the top had addressed this MAJOR issue for over 3 years is a huge strategic blunder in my opinion.

    Western Financial Group Response

    8 Feb, 2018 – Digital Media Specialist

    Thanks for the review. We appreciate your honesty.

  3. Helpful (4)

    "Definitely NOT the same company I started with...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Insurance Broker
    Former Employee - Insurance Broker
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Western Financial Group full-time (More than 5 years)

    Pros

    benefits were alright, the people I worked with is why I stayed as long as I did.

    Cons

    I worked for this company for over 6 years. I, at one time believed myself to be a lifer for Western, Then the previous CEO stepped down, and the Regime of Jeff Burke and his "YES" men and women began. Staff were being walked out constantly and almost daily, for little more then expressing their opinions. People were afraid of losing their jobs, while the work piled up to an unmanageable amount, while we were told, its your job, there's the door if you don't like it. No wage increases for the workload, let alone, any acknowledgement. Our clients suffered as we scrambled to keep up. Zero support from HO.

    Advice to Management

    The bottom line means nothing if you don't have the loyalty and respect of your staff. This used to be a fabulous company to work for. In the time that Jeff has been in command of this company, they have all but destroyed all that Scott Tannas built from the ground up. Its very sad.


  4. Helpful (4)

    "Overworked & Underpaid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Broker in High River, AB
    Current Employee - Insurance Broker in High River, AB
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Western Financial Group full-time (Less than a year)

    Pros

    Great people and the benefits are above average. I was impressed with the extensive training.

    Cons

    Pay is not sufficient at all. They expect more than they pay!

    Advice to Management

    Acknowledgement of your employee's contributions. I would rather get paid more than attend fancy company BBQs and parties.


  5. Helpful (3)

    "They do not appreciate their employees as should be expected."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Broker in Medicine Hat, AB
    Current Employee - Insurance Broker in Medicine Hat, AB
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Western Financial Group full-time (More than a year)

    Pros

    Great benefits, easy work, 9-5 job

    Cons

    no bonuses, no encouragement, micromanaged, no support from head office.

    Advice to Management

    In order to retain valuable employees, treat them as if they matter to the company.