Terrible company work for - Financial Adviser Sanlam Employee Review

1.0
30 Mar 2017
Recommend
CEO approval
Business outlook

Pros

In terms of product offering Sanlam has great products which are far better than many other companies

Cons

No support for financial advisors. Financial advisers are the bread and butter of a financial company, however Sanlam treats their advisers as though they are another source of income. They cripple new advisors with operating expenses that make it difficult to just make ends meet in an already tough industry. They have no concern about the actual well being of advisers. As advisers we are supposed to assist clients with managing their budgets no and not out then into positions where are financially compromised. However Sanlam shows their advisors so such regard. They force you to take out several policies which are not affordable, they do not contribute to any employee benefits. Normally when companies opt for cost to company that means that it is up to you to sort out your personal cover on ypir own. They don't force you to take out policies that you can't afford, if you don't agree you don't get the job. When you don't succeed due to be crippling operating expenses that they force on you you are left with a policies that you can't afford, and are in a compromised financial position. Which Sanlam does not care about. No transparency or integrity in dealings with staff or coworkers. There are no repercussions for people who choose to act without integrity the work place.

Explore other reviews about Sanlam

5.0
12 Mar 2023
Recommend
CEO approval
Business outlook

Pros

Iam a very good communicator

Cons

Few target markets of stop order arrangements companies

1.0
16 Sept 2025
Recommend
CEO approval
Business outlook

Pros

Good benefits Flexibility Lunches Colleagues Leadership

Cons

Late salary date Nice words on paper nothing works Old systems No growth Whole company is tick box exercise

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