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Rose Financial Solutions

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Rose Financial Solutions Reviews

4.1

76% would recommend to a friend

(64 total reviews)
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Ted Rose

84% approve of CEO

77% positive business outlook

Rose Financial Solutions has an employee rating of 4.1 out of 5 stars, based on 64 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Rose Financial Solutions 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

64 reviews
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.
2.0
26 Sept 2014
Recommend
CEO approval
Business outlook

Pros

If you are a student, it would be a good place to understand the debits and credits of small to medium company transactions.

Cons

Career Opportunities are close to nil. You will not become a partner. It is a closely held company between 3 friends, that will never open to others. Promotions are very political. Hard and steady workers were over looked for advancement in my time there. The salary from staff to assistant controller is far less than average. Again, salary is very political and hard workers were routinely not rewarded for their efforts. RFS takes on clients that can't afford accounting teams of their own and many do not understand the business transaction that needs to be recorded. RFS Management does not understand the paradigm and gives little support to staff, seniors and middle management. The only partner that does actual work is Vargo. The other 2 are sales people with little practical knowledge of what its employees go through on a daily basis.

1.0
15 Jan 2019

Horrible Management

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The staff is wonderful and caring. Great to work with.

Cons

Management is horrible. They do not care about the staff. The staff is forced to work excessive overtime. The company has a very high turn over rate and upper management is blind to it.

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Rose Financial Solutions Response
7y
Thank you for your feedback. I agree that RFS has a great staff, full of high performers, all of which we care about and view as our biggest asset. I also feel like I have a great rapport with all of RFS' Employees that have been with us for multiple years, especially employees that have been with us for 5 or more years.
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Glassdoor has 67 Rose Financial Solutions reviews submitted anonymously by Rose Financial Solutions employees. Read employee reviews and ratings on Glassdoor to decide if Rose Financial Solutions is right for you.