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Employee reviews

2/5

Out of 4 Salem Five reviews, 25% were positive.

5 stars

4 stars

3 stars

2 stars

1 star

Based on 4 ratings

Overall rating
2.0
Management
1.0
Work environment
1.0
Salary and benefits
4.0
Career opportunities
3.0
Diversity and inclusion
4.5
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Salem Five reviews

Employee reviews
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1.0
A zippia user wrote a review on Dec 2023
Pros of working at Salem Five

Benefits, lots of paid holidays, PTO

Cons of working at Salem Five

Poor overall upper management, immature inexperienced non licensed middle management who act like high schoolers, no structure but lots of micro managing, no proper onboarding procedures, no nonsense zoom meeting that just waste time and HR needs a total revamp. The insurance division acquisitions are growing but the employee numbers are dwindling... this place is just not worth it

Salem Five benefits

Health and dental benefits, the employees, the 13 paid holidays

What do you like best about Salem Five's CEO and the leadership team?

The insurance division has no leadership....

How would you improve Salem Five's culture?

Get rid of the current managers in woburn, danvers and lynn

How did you prepare for the Salem Five interview?

The insurance division is desperate, show some interest and you get a job

How does your compensation at Salem Five compare to the industry average?

Slightly less than what other companies offer

What's the diversity at Salem Five like?

The employees are great and you can be yourself

What brings you the most joy at Salem Five?

Pleasant coworkers, supportive management who truly care, encourage work life balance, acknowledgement via bonus or raises, and and open door policy without the retaliatory consequences

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1.0
A zippia user wrote a review on Feb 2020
Pros of working at Salem Five

The only positive part of this place are the people you work with.

Cons of working at Salem Five

DO NOT WORK HERE! Salem Five has no work/life balance. The upper management in the mortgage company is currently an utter disaster. Sales managers running operations into the ground expecting to make loans work when there is no way to make them work all for the sake of keeping the loan officers happy.

Salem Five benefits

While the benefits at the bank are adequate, there is a lot of disparate treament going on and since the culture at the bank is heavily male dominate with no repect given to the women that work there you can be the star but will always be overlooked because a man wants to be promoted.

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1.0
A zippia user wrote a review on Apr 2020
Pros of working at Salem Five

Coworkers

Cons of working at Salem Five

Management, pay, culture. Mortgage company is in disarray. No leadership or direction. Inequality for female employees. New employees with personal relationships to management get hired and promoted over long term employees

Salem Five benefits

Holidays off

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5.0
A zippia user wrote a review on Dec 2019
Pros of working at Salem Five

Friendly and respectful work environment

Cons of working at Salem Five

Rude customers and some days where nothing would happen

Salem Five benefits

Good entry level pay

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Zippia score

Salem Five demographics summary

9.6
Diversity score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce

Salem Five financial performance

8.7
Performance score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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