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      First Marblehead

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      First Marblehead Reviews

      3.2

      48% would recommend to a friend

      (21 total reviews)
      avatar

      Dan Meyers

      54% approve of CEO

      22% positive business outlook

      Ratings by category

      4.0

      Diversity and inclusion

      3.3

      Work/Life balance

      3.0

      Compensation and benefits

      2.6

      Culture and values

      2.5

      Career opportunities

      2.3

      Senior management

      First Marblehead has an employee rating of 3.2 out of 5 stars, based on 21 company reviews on Glassdoor which indicates that most employees have a good working experience there. The First Marblehead employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

      Reviews by job title

      21 reviews
      4.0
      30 Jun 2014

      Good work culture and a relaxed environment

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Relaxed office environment with friendly people. Engaging work and good team dynamics without it being too stressful.

      Cons

      A bit limiting for promotions. The company has taken a big hit since the recession and there isn't much opportunity for promotion.

      1.0
      11 Nov 2015

      Dont go to work here

      Java developer
      Recommend
      CEO approval
      Business outlook

      Pros

      There really weren't many pros. The staff in the medford office is at least mostly decent to each other. It won't last very long since management has a proven track record of laying off or firing lots of employees. It's almost guaranteed you will lose your job in less than a year.

      Cons

      This was the worst professional experience I've ever had. The company has been on a steady decline since the 2008 stock market crash and has never really recovered. Management lied like crazy in the job interview then screamed for the next year in an effort to force insane amounts of work out of the engineering staff that they don't have the money to pay for. Whatever you do don't go to work for this company. It's a miserable sweatshop where your life will be a horrible nightmare.

      4.0
      16 Sept 2008

      Buckle in for a wild ride -- great opportunity, but a wild-west atmosphere

      Vp, marketing
      Recommend
      CEO approval
      Business outlook

      Pros

      Learning opportunities. First Marblehead is ahead of the curve in defning an emerging industry. There are tremendous opportunities to explore, experiment and define success. The caliber of colleagues is simply fantastic. People are tremendously smart and fun to work with. There is a very collegial atmosphere and a terrific social community.

      Cons

      Industry turbulence. Unfortunately the credit markets and regulatory environment have dealt First Marblehead several body-blows recently. There has been extreme turn-over and massive layoffs this year. The return of the former CEO, Dan Myers may provide a shot in the arm and a return to solid growth. Dan is an unpredictable maverick with an "in crowd" and an "out crowd". He'll clean house, but there may be opportunities for new employees to rebuild FM back to its deserved glory. Its a challenging, dynamic environment that does not place a premium on communication from Sr. Management or standard management practices -- work/life balance, benefits, career development etc. Its kind of the Wild West and Dan is the sherriff. Hope he likes you and buckle in for a wild ride.

      Viewing 1 - 3 of 21 Reviews
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      ReviewsFirst Marblehead reviews

      Glassdoor has 26 First Marblehead reviews submitted anonymously by First Marblehead employees. Read employee reviews and ratings on Glassdoor to decide if First Marblehead is right for you.