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Raymond James Financial

Engaged employer

Horrible company to work for - IT Technologist Raymond James Financial Employee Review

1.0
21 Feb 2015
Recommend
CEO approval
Business outlook

Pros

Located in a beautiful location of Florida.

Cons

Management in the IT area is horrible. They frequently have employees do overtime without any comp time or monetary compensation which is illegal. Some teams in IT would get comp days for their Disaster Recovery testing (which ran from Friday night through Sunday) but some teams, such as mine, did not get any comp time - we had one stretch where we worked literally 3 weeks straight without a day off and was told by our manager to "belly up to the bar." This was fully supported by upper management. I also have several friends from the company who were very dedicated who would get negative performance reviews for projects that could not get finished due to dependencies from other groups not being delivered, all being acknowledged by the manager...but in the end would tell my friend too bad so sad, doesn't matter if another department prevented you from completing the project in time. Many promises were made to me for my job, none of which were delivered. Backstabbing was a frequent occurrence from those who were there before me. I found out that many people in my industry avoid this company like the plague. They frequently compare themselves to the Goldman Sachs and JP Morgans of the world but they are nowhere near that level. We were expected to user our personal cell phones for IT support - my co-worker ran up $300 in cell phone usage one month and was told by the manager that it was "part of the job." I know of NO company on Wall Street that would ever expect a worker to pay for cell phone overage as part of the job. We had a group cell phone that was for the person on call - unfortunately the carrier that was used had very poor reception where I lived. As a result I frequently did not get support calls and was berated by management for not having good cell phone reception. In a real world class organization (such as Credit Suisse where I've worked) they would have multiple carriers for their cell phones and you would simply be issued a phone with better coverage than what you had. But not Raymond James, instead you were expected to use your own cell phone and accrue hundreds in cell phone overage charges.

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5.0
11 June 2026
Recommend
CEO approval
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Pros

Good culture Bonus 401k Profit Sharing

Cons

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4.0
11 June 2026
Recommend
CEO approval
Business outlook

Pros

Small firm feel and easy to stand out as a high performer.

Cons

The firm is very old school in promotions and growth so they value tenure over performance.

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