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2.7
3 ratings
4.0
Salary & Benefits
1.0
Professional growth
2.3
Work-Life balance
3.0
Recognition & Support
3.3
Culture & Values
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Amscot are a financial service company in Florida that provide varieties of financial services including check cashing, money orders, cash advances and more. They offer their services at some of the most competitive rates in the financial industry. The company employs more than 1,800 associates and serves over 2.5 million customers and they partner with service organizations throughout Florida to address critical needs in the state. They always work towards providing the very best service for their customers while looking out for bright motivated and hard-working employees. Working there entitles employees to benefits such as Company paid Life Insurance, Rapid Career Advancement, Health, Dental & Vision Insurance, Paid Holidays & Vacations, 401(k) Matching, Comprehensive Paid Training, Company Paid Long Term Disability Insurance and lots more.

Company - Private
$100M to $500M
Large
Multiple locations
Financial Transactions Processing / Reserve / Clearinghouse Companies, Credit Intermediation Companies, Accounting / Tax / Payroll Companies
1989
What departments Amscot Financial employees work at?
DepartmentsRatio
other occupation66.9%
Management33.1%
See what companies are similar to Amscot Financial
Financial Transactions Processing
Large size
Independent Artists
Large size

Team

Professional experience

How many years of experience do Amscot Financial employees have before joining?
Years of experience at Amscot Financial: Newcomers: 29%, Experiencers: 24%, Experts: 22%, Veterans: 25%. Amscot Financial employees have less than 3 years experience on average before joining.
Where did Amscot Financial employees work before joining?
Where they've worked before Amscot Financial: Blockbuster, CVS Health, Federal Bureau of Investigation (FBI). Typical Amscot Financial employees have worked at Blockbuster.
Blockbuster
CVS Health
Federal Bureau of Investigation (FBI)
What industries did Amscot Financial employees work in previously?
Industry Background: The most typical industries of Amscot Financial: Niche Retailers, Food & Beverage Retailers, Limited-Service Restaurants, Traveler Accommodation Companies, Full-Service Restaurants. Amscot Financial employees most likely come fro
Where did Amscot Financial employees work before joining?
Past employers' size at Amscot Financial: Small: 20%, Medium: 9%, Large: 71%. Most Amscot Financial employees have previously worked at large companies.

Educational background

What did employees at Amscot Financial study?
Where did employees at Amscot Financial study?
Hillsborough Community College
Miami Dade College

Employee data

How long do people stay in a role at Amscot Financial?
Time employed at Amscot Financial: <1: 5%, 1-3: 25%, 4-8: 46%, 9-13: 13%, 14-20: 8%, 20+: 3%. Most Amscot Financial employees stay with the company for 4-8 years which is the same as the industry average.
How does Amscot Financial rank for age & gender diversity?
Gender ratio at Amscot Financial: 59.5% Male and 40.5% Female. Age ratio at Amscot Financial: 16-20: 1%, 21-30: 54%, 31-40: 31%, 41-50: 7%, 51-60: 5%, 60+: 2%. Amscot Financial rates - 3.5% less female than the industry average. Most Amscot Financial

Career advancement

How does Amscot Financial rank for career advancement?
Career advancement at Amscot Financial: very low. Amscot Financial ranks very low for career advancement which is below the industry average.
What companies do Amscot Financial employees go on to work at?
Future employers of Amscot Financial: Accusoft, Alumi-Guard, Capital One, Citi, Jackson Hewitt Tax Service. People who work at Amscot Financial most typically go on to work for the Accusoft.
Accusoft
Alumi-Guard
Capital One
Citi
Jackson Hewitt Tax Service

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Amscot Financial Reviews and Ratings

Have some insight of Amscot Financial?
Get the scoop on what others who have experience with Amscot Financial think of working there or join the conversation by leaving a review.
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avatar-of-creator
Financial Associate
Miami, FL - August 18, 2023
Just a Job
1.8
Ratings
1
Professional growth
4
Salary & Benefits
1
Work-Life balance
1
Recognition & Support
2
Culture and Values
Not much to say. It was a job. Pay was decent for the work you did. They did not allow you to leave the store due to safety concerns. So you were stuck inside the store your whole shift. Did not see any potential for growth, other than becoming a manager at the store. The managers make decent money only because they are required to work 50-55hours and make OT. Benefits were not great either. Have to deal with low class customers who can not open a bank account. Have to have thick skin since you will deal with angry clients.

Pros and Cons
The pay and the coworkers were fine.
Long Hours, Short Staffed, stuck inside store like a prisoner, have to clean and mop floors

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Discussion about Amscot Financial

Want to know more about Amscot Financial?
Share your thoughts and ideas about Amscot Financial with others in our community.
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gender breakdown at Amscot Financial?
avatar-of-creator
Liam Brown3 years ago
gender ratio is 40.5% female, 59.5% male.
When was Amscot Financial established?
avatar-of-creator
Benjamin Gardner3 years ago
1989.
What industry is Amscot Financial in?
avatar-of-creator
Sophie Hayes3 years ago
they’re in Accounting/Finance.
What is the annual revenue of Amscot Financial?
avatar-of-creator
Sophie Hayes3 years ago
$100m to $500m.
What companies are similar to Amscot Financial?
avatar-of-creator
Isabella Holmes3 years ago
JPMorgan Chase & Co., Lowe's, Party City, Publix Super Markets, Inc., Regions Bank, Tampa Bay Lightning, Verizon, Wells Fargo.
How often do employees get promoted at Amscot Financial ?
avatar-of-creator
Isabella Holmes3 years ago
advancement opportunities are very low
What’s the average length of tenure at Amscot Financial?
avatar-of-creator
Isabella Holmes3 years ago
Typically 4-8 year(s).
What size of companies did Amscot Financial employees used to work for?
avatar-of-creator
Isabella Holmes3 years ago
Most worked for large businesses before.
Top future employers of Amscot Financial employees?
avatar-of-creator
Sophie Hayes3 years ago
Accusoft, Alumi-Guard, Capital One, Citi, Jackson Hewitt Tax Service, JPMorgan Chase & Co., Progressive Insurance, Wells Fargo.
Who are the top previous employers of Amscot Financial employees?
avatar-of-creator
Sophie Hayes3 years ago
Blockbuster, CVS Health, Federal Bureau of Investigation (FBI), Lowe's, Macy's, McDonald's, United States Air Force, Winn-Dixie.
How old are Amscot Financial’s employees in general?
avatar-of-creator
Sophie Hayes3 years ago
21-30.
Where did most of Amscot Financial employees go to school?
avatar-of-creator
Liam Brown3 years ago
Hillsborough Community College, Miami Dade College, University of Central Florida, University of Florida, University of South Florida-Main Campus.
Can someone tell me about the vacation policy at Amscot Financial?
What was the size of the company you worked for before joining Amscot Financial?
how long does it take to get hired start to finish
What are the average working hours at Amscot Financial?
Do I have to wear a tie in a management position at Amscot Financial?
What kind of degree does Amscot Financial want from applicants?
Which school(s) did you study at before starting at Amscot Financial?
Is Amscot Financial a good place to work?
Does Amscot Financial hire people with a criminal record?
Minimum age of hiring at Amscot Financial?
What is included in employee benefits?
avatar-of-creator
4 months ago
You have to have worked for the company for a certain amount of time before you can apply for certain benefits like health insurance🥰
avatar-of-creator
4 months ago
401k, vacation s, health insurance😊
I want to stick around and rise through the levels.. is it possible or just a dream... !?🥲
avatar-of-creator
4 months ago
rising thru the ranks is no problem if you work hard! 😇
avatar-of-creator
4 months ago
All the best man, time & diligence will get you there!! 💪
Do they have good health insurance?
avatar-of-creator
3 months ago
yeah thy have good health insurance for employees.🤩
avatar-of-creator
3 months ago
It's mediocre
Any test to take for financial service assocciate?
avatar-of-creator
5 months ago
Yes, there is one week of training where if you do not pass the test you do not move forward with the company.
avatar-of-creator
5 months ago
40 hours training and at the end a test.😇
what other compaines are similar that could potentially hire me?
avatar-of-creator
3 months ago
JP morgan & chase,
avatar-of-creator
3 months ago
feld entertainment
It’s a great company to grow with, excellent training, branch leaders and supervisors.
avatar-of-creator
3 months ago
Easy work once you understand what you’re doing
avatar-of-creator
3 months ago
Good pay and has overtime but sometimes the days feel long depending where you are located❤
would you say you can balance ur work & life welll...
avatar-of-creator
3 months ago
my schedule is all over the place.. *drops mic* 🎤
avatar-of-creator
3 months ago
tsk tsk... no balance whatsoever!!! 😭
what is the highest paying position? 💸
avatar-of-creator
4 months ago
I used to make around $65,000 per year 💵
avatar-of-creator
4 months ago
I guess the finance service advisor does well too! 🤷
The vacation policy is not good at all they need to improve it.🙄
avatar-of-creator
4 months ago
Up to 3 weeks paid vacation depending on tenure😇
avatar-of-creator
4 months ago
You have to wait a year to have vacation.😏
Is there a culture of hiring from within or outside>
avatar-of-creator
3 months ago
yes more promotions then new hires
avatar-of-creator
3 months ago
lots of promotions no matter how many years you have worked👍
How is the work life balance of company?
avatar-of-creator
4 months ago
sometime it's diffcult to maintain worklife balance.😫
avatar-of-creator
4 months ago
If you work morning shift and ur replacement doesn’t show, you will be required to stay the whole day.
I heard the hiring process takes alot of time..😌
avatar-of-creator
3 months ago
I applied online and was contacted within 24hours for an interview. My recruiter was nice and professional.🤗
avatar-of-creator
3 months ago
Brief phone interview and then an in person interview. It was a very good experience. Unfortunately I did not get the job but I will keep an eye out for a position in the future.😁
pay is a crucial eciding factor in where I work... how would you rate the pay?
avatar-of-creator
3 months ago
pay is balanced with the amount of work 📝
avatar-of-creator
3 months ago
its the same for me payis good! 💰
What are some tips for doing well in the interview?
avatar-of-creator
3 months ago
Be yourself show passion for the company you wanna get hired for😍
avatar-of-creator
3 months ago
dress proprely and do background search on company as well as on the role you applied for.😃
Overall is it a good job to have😄
avatar-of-creator
3 months ago
I think it is. you really have the opportunities to go rise all the way to the management positions
avatar-of-creator
3 months ago
shifts are back breaking but the pay is great.. you be the judge 🥱
What's your interview experience with them?
avatar-of-creator
3 months ago
Straight forward, easy going, very accepting, detailed, explained thoroughly.🤩
avatar-of-creator
3 months ago
The hiring manager was friendly and attentive🙂
Great place to learn about financial world. A typical day you great customers Cash Checks and do money orders.🤍
avatar-of-creator
3 months ago
Great place to start gaining experience in the financial world. Like any other job, it has pros and cons but overall it has been a positive experience.
avatar-of-creator
3 months ago
The hardest part of the Job was you were not able to sit even when no customers were in branch.😓
Does they ever drug test after the initial drug test before your hired?
avatar-of-creator
3 months ago
they have drug test me during initial hiing process.
avatar-of-creator
3 months ago
they also random test from time to time.😉
Overall a great company to start into the financial field
avatar-of-creator
4 months ago
They have a good training that provides cash handling and how to do transactions on a daily basis😇
avatar-of-creator
4 months ago
Awesome company to break into the financial world. Great training good enough pay most branch manager are flexible to work😊
Who wud u say are its competitors 👨
avatar-of-creator
4 months ago
national bank of commerce & cash plus.... 💸
avatar-of-creator
4 months ago
Could be Damscus Community Bank 🏦
how young or old are the employees 👦
avatar-of-creator
5 months ago
I dont know.. I dont care.. I keep my head down & do my work 🤷
avatar-of-creator
4 months ago
may be in the age range of 21-40? dont quote me on that! 😶
Do you get paid weekly or biweekly?
avatar-of-creator
3 months ago
You get paid bi-weekly on fridays.😀
avatar-of-creator
3 months ago
Biweekly on Fridays.😎
How is overtime pay?
avatar-of-creator
4 months ago
Mostly you get paid
avatar-of-creator
4 months ago
lot of work and the pay is not good.😭
Do they have long working hours?
avatar-of-creator
3 months ago
I used to work from 10 to 15 hours a day.😅
avatar-of-creator
3 months ago
Yeah it's long sometime 😩
how about raises through hthe years though?
avatar-of-creator
4 months ago
maybe they feel like the pay is great & they dnt see da need to increase it 🤷
avatar-of-creator
4 months ago
I received a pay raise after 2 years! no problems there.. 😊
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Isabella Holmes Career Advocate
Isabella Holmes
Career Advocate
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