Does Principle Payments pay their employees well?

According to anonymously submitted Glassdoor reviews, Principle Payments employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Principle Payments. This rating has been stable over the past 12 months.

How satisfied are employees working at Principle Payments?

69% of Principle Payments employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Principle Payments 3.7 out of 5 for work life balance, 3.7 for culture and values and 3.6 for career opportunities.

What are the top reviewed jobs at Principle Payments?

Telemarketer (7) , Account Consultant (2) , Payment Consultant (2) , Sales (2) , Sales Director (2)

What are the pros of working at Principle Payments according to real employee reviews?

"My managers and co" ((in 3 reviews)); "Good salary, Chance for advancement, friendly work environment" ((in 3 reviews)); "Awesome people that work here." ((in 3 reviews))

Principle Payments Reviews

3.7

69% would recommend to a friend

(38 total reviews)

Evan Schweitzer

57% approve of CEO

61% positive business outlook

Principle Payments has an employee rating of 3.7 out of 5 stars, based on 38 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Principle Payments 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

38 reviews

1.0

2 Aug 2016

Sales

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Head Office does a great job providing appointments. I was active for a week and received between 2-4 appointments per day. Not all appointments were happy that I was there however. Good to make some quick cash, but wait till your merchant receives their first statement...then you will need to run....Not good for a person who has a conscience and is actually trying to help the merchants.

Cons

The analysis that comes from Head Office to you...a brand new sales rep, does NOT include all applicable charges. BE CAREFUL! Customer Service is outsourced, and you need to take care of your own merchants. Some merchants did not actually want an appointment and felt forced...this is normal in the telemarketing world. But if you are working in your community this is no way to grow your business. Company could not provide references....RED FLAG, RED FLAG!! Pricing is not transparent. RUN FAR AWAY....Your reputation will be ruined!

Principle Payments Response

9y

We are sorry to hear about your negative impression of the company after being with us for only 2 weeks before leaving. I can assure you that we pride ourselves on doing business with principles and ethics so it’s disappointing to see your conclusions. Had you actually signed a few merchants up and been able to compare the proposals to the statements of merchants YOU actually signed up, we feel confident your conclusions would have been very different. We have over 200 sales agents in Canada and have never received this type of feedback before. We’d love to have a conversation with you so that we can really understand your point of view. In the meantime, we find it unfortunate that this position did not work out for you but we wish you future success.

1.0

9 May 2016

God Don't like Ugly

Telesales representative

Recommend

CEO approval

Business outlook

Pros

I can't think of one single thing to add as a pro except maybe the pay.

Cons

Read below because there is a direct resonse to Principle Payments bogus tag line: Principle payments wants to change the lack of principles in this industry- LOL

Principle Payments Response

9y

Thank you for taking the time to write your feedback as we are always willing to learn from our experiences. Principle Payments has an incredible employee retention rate, so it’s apparent that your personal experience has not been shared by others. That means when someone comes to work for us, they stay with us. If our office was as “ugly” as you say, that certainly wouldn’t be the case. While I am in no way discounting your feelings, I think that you may have brought previous negative experiences from prior employers that skewed you perception a bit. I realize nobody likes to lose their job, but when you bring a negative attitude into a new job it generally won’t be well received. When you start something new, be willing to let the past be in the past and start with a fresh and positive outlook. Which, unfortunately, wasn’t the case for you. We have an incredible group of employees that have all contributed to a positive environment with a wonderful culture. We work hard to provide a workplace that inspires our employee’s to grow professionally and personally. In fact, over the past 30 days we have promoted 5 employees to more senior level positions. If you’re looking for a company where hard work and a great attitude will provide you with an opportunity for growth, then Principle Payments is the company for you.

1.0

2 Jan 2017

Merchant Support

Merchant support

Recommend

CEO approval

Business outlook

Pros

Very few pros in working for this company....use to be better run no morale is at all time low...try keeping the lies to a minimum

Cons

Too many to list...bait and switch...many different company names all same company...sales lies to merchants and support needs to fix the lies...new so called incentive program rewards people for doing half the job meanwhile ones who earn it are getting same incentive....way understaffed and staff that been here 4 plus years needs extreme amounts of retraining

Viewing 1 - 3 of 38 Reviews