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Rose Financial Solutions

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Consider other options First - Senior Accountant Rose Financial Solutions Employee Review

1.0
25 Mar 2020
Recommend
CEO approval
Business outlook

Pros

• The People • Flexibility • Accounting Systems

Cons

• Employee Turnover – Employee turnover is extremely highly. HR is aware of this however the leadership team does not seem to care. The average tenure for employees ranges from 12-18 months. • Employee Morale - Employee morale is EXTREMELY low, and this is due to the high turnover, and more importantly, when an employee leaves, the work that was assigned to the individual that left, is dumped onto the remaining employees. This cycle continues as employees leave and new employees onboard. The true definition of a revolving door. • Hiring and retention – The firm severely struggles to hire people. This is because the firm has a terrible reputation in the industry for the work hours required, the way they treat their employees, and compensation. Further evidence of this can be seen in the reviews on this website. • Pointless, time wasting, monthly huddles where everyone stands around for an hour and says the same thing every month. • Salary – The company will offer you a salary that is below industry standards. • Promotions – Promotions are nothing but a new title to give one the impression that they are “moving up”. These “title changes” normally occur when other employees resign. • Hard working individuals are rewarded with a “title change” and more work. • Bonus – The only company I know that will offer employees annual bonuses in the form of a nominal visa gift card at year end. • Hours – The expectation is that you work 40-50 hours a week. • Client Work – Failure to meet client demands and deadlines in a timely manner is constant because there is too much work and there are not enough employees to do the work. • Infrastructure – The firm has been in the same building for decades and surely in need of a refresh. The leadership of the firm claims they would rather stay put so as not to give their clients the impression that they are blowing through their money, yet, the partners drive luxury vehicles.

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Rose Financial Solutions Response
6y
Thank you for your feedback. You are correct, our people are our greatest asset. As you pointed out, RFS has invested in advanced accounting-related technology instead of a brick and mortar infrastructure. As a result, at the onset of COVID-19, we were able to seamlessly move our employees to a 100% work from home footing while still providing our clients with superior service and remote access to their financial and accounting information. As the country starts to re-open, we are committed to maintaining increased flexibility for our staff. Because of our talented people and cutting edge technology, we continue to attract new business in the COVID-19 era. We have significant longevity with staff that find they are a good fit for our culture. In fact, in the past year alone, we have rehired five staff members that, after leaving RFS, have come back to us because they recognize we provide them with opportunities to take on new and challenging work. They look forward to advancing their careers, creating a solid future for themselves, and helping our clients to build their dreams as well. Not everyone is a fit at RFS, and we sincerely hope that you find a place where your professional and personal dreams can come true.

Explore other reviews about Rose Financial Solutions

5.0
10 June 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

work/life balance is good, manager is excellent, team is dedicated and easy to work with, you can tell people care about you and you don't feel just like a number as one would in a bigger company, the work is interesting and causes me to think and problem solve when things don't always go according to plan

Cons

Benefits could be improved in terms of more holidays to be consistent with market, better retention of high quality staff

1
5.0
22 Mar 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I appreciate the opportunity to grow professionally (support pursuing certifications) and make an impact. With the firm being the size that it is, it allows for contributions to be taken seriously and implemented without months of going through approvals (for the most part).

Cons

A stronger focus on work/life balance and/or wellness. While I know this is tough factoring in budget, revenue, sales, pricing, etc., we are nothing without our employees and if they are burnt out, we are not being efficient in our work, thus we are not serving our clients to our best ability, which causes a vicious cycle.

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