Amscot Employee Reviews

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If you are only looking for job security, quick advancement then amscot is the place for you.
Financial service associate (Former Employee) –  Tampa, FLNovember 8, 2016
Working at amscot is a high pressure workplace. The basic pay scale is good, but the management make it very hard and as close to impossible as they can to get a raise. Always reprimanded for what you didn't do, but hardly ever congratulated for the good things that you do.
Pros
Good pay scale.
Cons
Short breaks, not a good balance between job work and life, Not much time for family, BE READY TO WORK ALL HOLIDAYS!
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Bad benefits, horrible schedules, no room for advancement or pay increase.
BL (Current Employee) –  FloridaOctober 26, 2016
They will move you up quick, but there's no room for advancement after you get promoted 3x to a branch leader. Micromanaged down to how you say hello. Best part is the co-workers, least favorite part is the bad scheduling that they also micromanage with templates that don't work for every branch.
Pros
ok pay
Cons
can't leave for lunch, no real lunch breaks, no incentives left
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easy work tough hours
FSA (Current Employee) –  Tampa, FLSeptember 14, 2016
Every day you do the same transactions over and over, but I've learned a lot about how money works. The management seems to be very nice and keeps things together but you will be working with the same person everyday. The pay starts well but they promise promotions that never happen and the schedules are the worst part about this job. The schedule is very sporadic with zero consistency and it changes at random. The work load is easy but it gets harder because of how exhausted the shifts will leave you. You also better be a good cook of have decent money because you can't leave to get food.
Pros
good pay and benefits
Cons
no breaks and bad scheduling
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Professional atmosphere
Financial Co-leader (Current Employee) –  Davie, FLAugust 16, 2016
Coworkers have strong work ethic.
Growing company that only promotes from within based on work ethic and knowledge of products and policies.
Hours are similar to retail, open, mid, closing shifts.
Great training, you aren't required to have previous financial experience.
You feel like you are making a difference in your community.
Amscot gave me an opportunity to have a professional career without having a formal education.
Pros
promotion based on performance with no sales goals
Cons
Long hours, no schedules breaks, 16hr mandatory shifts on Sundays
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Great chances for advancement, crazy schedules
Night Shift Leader (Former Employee) –  Orlando, FLSeptember 22, 2016
Within a year of working there, I had been promoted to night shift leader which included a significant pay raise. The schedules were hectic and random. I had pretty good coworkers. Some managers were amazing, while others were condescending and difficult.
Pros
Paid lunches, extensive training
Cons
Random schedules
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Growing Company
Team Member (Current Employee) –  FloridaJuly 26, 2016
Professional atmosphere.
Coworkers have strong work ethic.
Growing company that only promotes from within based on work ethic and knowledge of products and policies.
Hours are similar to retail, open, mid, closing shifts.
Great training, you aren't required to have previous financial experience.
You feel like you are making a difference in your community.
Amscot gave me an opportunity to have a professional career without having a formal education.
Pros
promotion based on performance with no sales goals
Cons
No PTO or sick days
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great place to make money
Assistant Leader (Current Employee) –  Sanford, FLAugust 30, 2016
Its an awesome place to make money because you pretty much get 40hrs a week. You learn everyday about new things. But, you work long hours, your schedule changes constantly, and you hardly get brakes. This isn't a job for a person who has a family.
Pros
good pay, benefits
Cons
long hour, no lunch breaks, schedule not flexible
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Financial Instituion
Assistant Manager (Former Employee) –  Orlando, FLOctober 24, 2016
Processing different transactions for the customers. Being able to set up customer information in the system for cash advances. As an assistant manager being to make sure all tasks were completed before end of the day including make collection calls.
Pros
compensation
Cons
long hours
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Fast paced Rapid Advancement
Assistant Leader (Current Employee) –  Lakeland, FLAugust 29, 2016
Amscot is a Great place to work if you're looking for rapid advancement. People that work there know what they're doing. Also since Amscot only promotes from with in. Most if not all managers have a Great deal of experience. They have also been Financial Service associates which means they more than likely will understand you.

Now when it comes to personal life and work balancing not bad, but not the Greatest since the stores are smaller than bigger retail corporations, they usually rely solely on their associates to be there when they need you so its harder to work around your schedule which makes it hard to have a second employment if you need it, and also hard when it comes to attending schools. Personally i think that if you're looking for a stable company and have no other plans but to work and enjoy one day off in the weekend and a second day off throughout the week, than its a great place to work in.
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Would not suggest
Assistant manager (Current Employee) –  Holiday, FLJune 14, 2016
Dont like current employees looking for new employment. Only promote from within, however if the district leader doesn't like you will not promote you. Long hours, always short staffed, most branch leaders are really biased and play favortism. Schedule changes weekly. No work/life balance. Company doesnt like employees furthering their education. Make employees feel disposable. Took away bonuses and other incentives.
Pros
Offer health insurance
Cons
Long hours, no schedules breaks, 16hr mandatory shifts on sat.
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Productive
Assistant Branch Manager (Former Employee) –  DeLand, FLOctober 22, 2016
I thank my former employer for allowing me to experience the retail side of banking. It was a very rigid and intense process that made you keep up with the times, a non typical work day was to be expected at all times.
Pros
Safety
Cons
Lack of support to employees
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Works with you
Co-Leader (Current Employee) –  FloridaJune 8, 2016
everyone is really nice. Managers are not always fair but comes from upper management. Store Managers try to help you out with schedules etc but needs approval from upper management. Set schedules for certain positions. Do not think upper management appreciates hard work from employees. Always acknowledge the bad barely ever the good.
Pros
pay to start
Cons
barely get breaks even though they are paid & long shifts for certain positions
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Great company with a very fair schedule and professional environment
Financial Service Associate (Former Employee) –  Tampa, FLSeptember 2, 2016
Amscot is one the greatest companies to work for with paid training. The company itself is very professional. They care about their employees and provide a fair and fun work environment.
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Great Pay
Owner/Manager (Current Employee) –  Tampa, FLJuly 5, 2016
Amscot offers great pay and the ability to move up quickly with hard
work. I enjoy working with the customers however the schedule is all over the place. It is hard to plan your family time outside of work because you never have the same schedule or the schedule is not posted until Saturday before the Monday work week.
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Fast paced, customer based team environment
Financial Service Advisor (Current Employee) –  Orlando, FLOctober 5, 2016
Fast paced customer oriented job. Never a dull moment. Easy advancement. Team oriented. Schedule can be difficult for families with children. Some long hours. Work different locations.
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Worst place to work for. No appreciation whatsoever
Financial Assistant Manager (Former Employee) –  Tampa, FLAugust 29, 2016
I really have nothing good to say about this place. I was advance to be the closer and no raise was given to me. And the pay was horrible.
Pros
No Pros
Cons
Locked in for whole 8 hrs with no break room.
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fast paced you will make money but be prepared to earn it
Assitant Manger (Current Employee) –  Longwood, FLJuly 10, 2016
great place to make money. good team of people that want to succeed. Very Very fast paced environment multitasking a most. benefits could be a lot better for associates.
Pros
you make money and can move up fast
Cons
very very stressful
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Extremely long hours
Financial Service Associate (Former Employee) –  Orlando, FLJuly 16, 2016
Great place to work if you don't have family obligations. Long hours, great pay and decent benefits. If you are looking to work in a bank like setting, this is not the place. A set schedule is out of the question.
Pros
Great pay
Cons
Half hour breaks
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horrible place to work never apply there
Overnight Manager (Former Employee) –  Kissimmee, FLApril 22, 2016
they spect you to be perfect, work this long 10-14 shift hours they think that because they pay your break they own your time sometimes I would be eating in my break and the manager would still call me to leave my food and time to serve customers corporate employees don't respect you at all they call you at the store you are at and disrespect you in the most meanest way you could ever think. horrible experience.
Pros
pay
Cons
all about the job is bad
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Stable job
Assistant Leader (Current Employee) –  Orlando, FLApril 19, 2016
They say they start from $12-$15. But most likely they will start you off at $12. They are deceiving with how much they offer for any position. Make sure you negotiate before taking the offer. Yes, Amscot has rapid advancement but every promotion it's just .50 cents. When in retail as a leader start off at $15. So be very careful with this company. They want you to live and breath Amscot. Corporate has no respect for the employees and mistreat them when making a mistake. Amscot wants us to comply with all these laws and regulations but doesn't want to compensate enough for it. They expect leaders to work 12 hrs a day for 5 days week. Yes overtime is great put people have lives to live not just breath Amscot. Barely any time off....
Cons
No raises if your branch does make goals even though you had a great review.
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Overall rating

3.1
Based on 176 reviews
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Ratings by category

Work/Life Balance
2.3
Compensation/Benefits
3.3
Job Security/Advancement
3.2
Management
3.0
Culture
2.8