Does Nicholas Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, Nicholas Financial employees rate their compensation and benefits as 2.4 out of 5. Find out more about salaries and benefits at Nicholas Financial. This rating has decreased by 16% over the last 12 months.

How satisfied are employees working at Nicholas Financial?

28% of Nicholas Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Nicholas Financial 2.2 out of 5 for work life balance, 2.3 for culture and values and 2.3 for career opportunities.

What are the top reviewed jobs at Nicholas Financial?

Branch Manager (17) , Assistant Branch Manager (3) , Assistant Manager (3) , Collections Specialist (3) , Collector (3) , Administrative Assistant (2) , Administrator (2) , Collections Manager (2) , Customer Service Representative (2) , District Manager (2) , Loan Officer (2) , Manager (2)

What are the pros of working at Nicholas Financial according to real employee reviews?

"great people and environment when I worked there" ((in 4 reviews)); "Culture is fair with some cross co" ((in 3 reviews)); "The benefits and pay are decent" ((in 3 reviews)); "Great employees, everyone is very helpful and nice" ((in 3 reviews)); "decent salary and great co" ((in 3 reviews))

What are the cons of working at Nicholas Financial according to real employee reviews?

"Horrible Upper Management !!, Horrible CEO !" ((in 8 reviews)); "The management is awful and unprofessional." ((in 6 reviews)); "No training at all." ((in 6 reviews)); "long hours with no days off" ((in 3 reviews)); "No training program." ((in 3 reviews))

What are employees saying about Nicholas Financial redundancies in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Nicholas Financial redundancy and their outlook for job security at Nicholas Financial in 2026.

Nicholas Financial Reviews

2.5

28% would recommend to a friend

(95 total reviews)

Doug Marohn

28% approve of CEO

19% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (95 reviews)

Ratings by demographic groups

Ethnic group

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Nicholas Financial has an employee rating of 2.5 out of 5 stars, based on 95 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Nicholas Financial employee rating is 33% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

95 reviews

1.0

25 Mar 2019

PLEASE READ THE REVIEWS !!!!! THEY ARE SPOT ON

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

So little not worth mentioning. The negatives totally out weigh the positives.

Cons

Upper management are a bunch of YES MEN. The CEO is slowly taking this company to the grave. They still think this is the early 90's and they are the only player in the game. This company needs to be investigated.

1.0

18 Dec 2018

Place is a joke

Assistant manager

Recommend

CEO approval

Business outlook

Pros

Salary clears your account every week

Cons

Out of touch with dealer facing indirect lending, no understanding of collections

2.0

27 Sept 2017

cut the head off the snake!

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

It's close to home, and no weekends

Cons

I have worked with this company for several years, Things where great with the previous CEO Peter. Since he stepped down the current senior management in charge of sales and lending is running this company to the ground. He is Unqualified to be in his current position, and until he is ousted this company is going to continue to bleed out. The company continues to engage in predatory lending practices, writing unverified loans to people who could never afford them. The current CEO was ousted for shady behavior that the company is trying to cover up to protect its stock evaluation. As of October 1st the company will be operating with no CEO. and no prospects in the horizon. Its unfortunate that the next in line is the one and only running this company into the ground. Another issue is the fact that Nicholas Financial has been trying to operate without a trained H.R manager, so when issues arise, and they often do at Nicholas Financial you might want to talk to a lawyer before thinking about engaging H.R

Viewing 1 - 3 of 95 Reviews

Top companies for "Compensation and Benefits" near you

Barclays

3.8★Compensation and benefits

HSBC

3.7★Compensation and benefits

JPMorganChase

3.9★Compensation and benefits

Bank of America

3.8★Compensation and benefits