Edward Jones was recently named the #1 place to work in Indiana and Illinois, #2 in New Jersey, and #3 in Rhode Island. Fortune Magazine named the firm #16 overall nationally and #4 for large companies. This is the seventh time they were listed on the Fortune 100, including 5 top 10’s and 2 #1’s.
When I worked in NC at Jones, our RL (also a GP) pushed everybody in the region to fill out the survey for Raleigh even though most of us didn’t work anywhere near there. “Gotta get Jones named #1…”
Well they didn't ask me, but then again, I'm probably not considered an "employee". Babs, Zacko, they call you?!! BTW, don't you mean the #1 (or whatever) place to work FOR?
I'm sorry to be a doubter, but I'd love to be on the inside and see how these polls are really conducted/manipulated...one possibility (besides the Kool-Aid effect) might be that working fo EDJ is about as close as you'll get to being an independent while still receiving a W-2. Most reps probably feel like they have a lot of freedom, aside from the limitations on product availability and technology. Of course, these are all guesses from one who has never worked there, but knows several who do.
[quote=Ilovedogs]When I worked in NC at Jones, our RL (also a GP) pushed everybody in the region to fill out the survey for Raleigh even though most of us didn't work anywhere near there. "Gotta get Jones named #1......."[/quote]
Guess that's a possible answer to the manipulation question...
Here's what I think the bottom line is -
WHO GIVES A $#!T!!!!
If EDJ reps are happy after chugging, that's great. I just think it's hysterical how they are so quick to make that clear to everyone. The poll I'd love to see is how everyone rates their former firms. That would be interesting and you'd see a mixed bag of responses.
The whole thing smells to me. There has to be a great deal of prodding from internal management on this.
I've always wondered, though, if reps at Merrill (for example) really care about this. Are they getting pushed to fill out the surveys, or are they more concerned about growing their business to the point that they don't care how the rest of the world views it.
Years ago, in a very early life, I sold sewing machines for a sewing shop here in town. I would run an ad in the local paper of a small town, (we called it the Dummy Ad) adverizing a very inexpensive sewing machine that was produced over seas, as "over orders" from a local school district or community college or whatever. They "HAD TO BE SOLD" Yadi Yadi Yadi. I'm sure you've read similar ads. first off, they weren't school orders and secondly we sold the heck out of them. They were functional but of no superior quality. Yet, Consumer reports magazine rated them that particular year, the best buy for your money! ???? Gimmie a break!!! They were low end "Stuff"
The reason I mention that is that, I found out that this company had Encouraged, arranged, sponsored, or plain flat out paid for that rating. so goes with this Jones being #1.
As Clint Eastwood said to his boss in a Dirty Harry movie "Yeah.. You're a legend in your own mind".... So goes with Jones, they really think they are it.
Don't believe it at all. Just ask Weddell why they can't hang on to seasoned brokers. He actually said it in print here at RRMag.