Altisource

www.altisource.com

Altisource Reviews in Bangalore

Updated January 14, 2015
Updated January 14, 2015
295 Reviews
2.6
295 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Altisource CEO William B. Shepro
William B. Shepro
167 Ratings

Review Highlights

Pros
  • Very flexible and good work life balance with very good interaction between teams (in 15 reviews)

  • good salary,good opportunities,decent environment and cooperative employer (in 16 reviews)


Cons
  • Working hours are sometimes very harsh on individuals and work life balance is lop-sided (in 18 reviews)

  • There is no work/life balance; no balance at all (in 8 reviews)

More Highlights

26 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Don't Join

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Bangalore (India)
    Current Employee - Business Analyst in Bangalore (India)

    I have been working at Altisource full-time (more than a year)

    Pros

    Free Cab, Good Educated people. Cheap cafeteria. Cant add anything more

    Cons

    Misleading JD Shared. Bad Manager, Old methodology favored. Nobody is willing to work. No training. No growth. After 2 year you will be stuck at one place.

    Advice to ManagementAdvice

    At least share a realistic JD.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 2 people found this helpful  

    This place should be your last option.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Bangalore (India)
    Former Employee - Software Engineer in Bangalore (India)

    I worked at Altisource full-time (more than a year)

    Pros

    Salary, free cabs, flexi shift

    Cons

    Everything that a person can imagine of

    Advice to ManagementAdvice

    Try to take some minimal responsibility istead of just pushing things down.

    Doesn't Recommend
    Neutral Outlook
  3. 2 people found this helpful  

    A company with ZERO values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Bangalore (India)
    Former Employee - Anonymous Employee in Bangalore (India)

    I worked at Altisource full-time (more than a year)

    Pros

    They pay well, (they've got nothing else too offer), but there is severe disparity of pay at all levels. There are some challenging projects that are a result of sheer ignorance and mismanagement, hence there's a lot of challenge and avoidable ecitement (in case you like that).

    Cons

    Political environment, rusted obsolete brains around. The company has no vision and has a single (parent) client. Poor resource management of all kinds and at every level. Incompetent HR, they too are very political. Extremely top heavy with people only bothered about justifying their pay packages. No rational behind internal movements and appraisals. Just manage your boss regardless of what crappy work you do!! The company is penny wise pound foolish!

    Advice to ManagementAdvice

    Guys, you are bound to get doomed unless you treat people with respect and value contributions. You have to weed out the jokers sitting there doing nothing at BIG pay packages. Bring in some culture, embed basic values like sincerity, honesty, ethics etc. You have a long long way to go ...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Bangalore (India)
    Current Employee - Analyst in Bangalore (India)

    I have been working at Altisource full-time (more than 5 years)

    Pros

    salary on time, 2.5 days leave per month

    Cons

    Working hours, hike in Sal,

    Advice to ManagementAdvice

    No advice....

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Very Bad if you are joining the Service Desk team (Helpdesk)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tech Leader in Bangalore (India)
    Former Employee - Tech Leader in Bangalore (India)

    I worked at Altisource full-time (less than a year)

    Pros

    Everything looks very bright and shiny and you would feel like working out there. Trust me no Pros whatsoever!!

    Cons

    Too much Politics. They just find a reason for demotivating everyone. The only thing we keep hearing is YOU ARE NOT GOOD OR NOT SO GOOD JOB. The Credit is sold to one and only person and whatever she says is what going to happen. Please don't even think of touching the snake it will bite you so bad that you can never come back to life.
    Read that again!!

    Advice to ManagementAdvice

    Stop Blabbering and shouting. If you have so many politics within you, then how does your people think of reporting to you in a normal way. Everyone will think of being political than being professional

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Not a very good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Bangalore (India)
    Current Employee - Software Engineer in Bangalore (India)

    I have been working at Altisource full-time (more than a year)

    Pros

    Salary is above average market range.

    I don't think that there are any other good thing in altisource other than salary

    Cons

    Completely manager centric company... If you messed up with your manager... He gonna make your life hell and no policies will work in your favor.

    They claim equal employee opportunity but discrimination are always done on almost every things... Even shift allowances are given on the basis of designations

    Facilities are worst... No proper cabs... No library... Cafeteria is worst

    People who are here for a long time.. They treat others like a insects and are over confident

    Advice to ManagementAdvice

    Learn from other product based company and stop behaving like a BPO company

    Approves of CEO
  8. 11 people found this helpful  

    5 resignations in a single day.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Leader in Bangalore (India)
    Former Employee - Technical Leader in Bangalore (India)

    I worked at Altisource full-time (less than a year)

    Pros

    1. Pay.
    2. You can leave the company within 15 days if u resign within 3 months of joining. (This is what saved me)

    Cons

    I was part of a team called LRM in Consumer Analytics division.

     I shud have doubted them as soon as they agreed upon my expected CTC without even negotiating.
    I was wondering how on earth can a service company pay that much. Soon after joining and speaking with the director I realised their funda. Basically they target people from Gud product based companies with a nice JD, which is no where related to the work you would be doing and pay what ever they demand .
     I had seen the Glassdoor reviews before joining , which was very bad. But thought it might be only in some division. But trust me the reviews written are 200% true.
    The management thinks everything in the world is money. They expect employees to work and deliver from the first day 14 hours a day and also on weekends. And since they pay gud money they think people don't bother.

        Trust me 5 of us resigned within 15 days of joining and more followed. And we didn't had any offers. Still we cud not convince ourselves to stay there

      There will be no documentation or knowledge transfer or domain training. You r expected to deliver from day one.

    The behavior of management and HR are even pathetic. It can't be explained in words here. You will get a mail from hr and manager for petty things.

    Its a BPO . Its not at all a software company. You have to swipe in everyday, wear formals. Etc etc.

    You can see tens of people leaving everyday. That's why they have recruitment drives every weekend .

    Its not just with my division. Its the same with all the division.

    Advice to ManagementAdvice

    Fix all those mentioned in cons. Stop bevaing like a BPO and start acting like a product based company.
    And stop thinking that everything in this world is abt money. There is something called work life balance which you should understand the meaning of

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 11 people found this helpful  

    If you join this company after seeing this review then god bless you.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software Engineer in Bangalore (India)
    Current Employee - Associate Software Engineer in Bangalore (India)

    I have been working at Altisource full-time (more than a year)

    Pros

    Good salary, if you are pet to manager then good hike every year.

    Cons

    * Ocwen is the only client.
    * impossible dead lines.
    * They say they are Product based company, take my word its no were close to product based company..
    * No proper career path.
    * Useless HR team.
    * Worst managers and directors (In Consumer Analytic team).
    * Worst work culture.
    * They will say flexible work hours after joining they would expect you to work for more than 9 hours including weekends.
    * Don't join the company by just looking at the pay. it would be the dumbest decision of your life if you do that. (Specifically while joining to Consumer Analytic team).
    * Best place for butt kissers.

    Advice to ManagementAdvice

    Stop treating people like slaves. hope you are aware that you are hiring Engineers not people from magic school

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 4 people found this helpful  

    Never work for this company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Product Manager in Bangalore (India)
    Former Employee - Product Manager in Bangalore (India)

    I worked at Altisource full-time (less than a year)

    Pros

    If you can "network" well with the Top Management, then good salary, rating, promotion is assured!

    Cons

    Lots of politics
    No HR systems/processes
    Pathetic culture
    Confused Leadership
    No role for IT people - Trying to position itself as Technology company by paying higher salaries but in reality there is no meaningful role
    Hire and fire policy leading to confusion - Even senior leaders are asked to leave after 3 months if they do not "fit"

    Advice to ManagementAdvice

    Please start treating employees with respect

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 2 people found this helpful  

    Horrible organization to be associated with!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - XYZ, They Are Yet to Decide On the Title in Bangalore (India)
    Current Employee - XYZ, They Are Yet to Decide On the Title in Bangalore (India)

    I have been working at Altisource full-time (more than a year)

    Pros

    Work wise its brilliant; and yes! they provide transport FREE of cost and headquarters at Luxembourg, although not sure about onsite opportunities. This is how the recruiters convince you.

    Cons

    * They are not sure of the role and title once they interview you
    * Start your work early and end late, very late
    * Sr. Management sits in US and decisions from them are harsh on employees
    * They bind you with fear
    * No set process or policy. It changes how each one wants it
    * Horrible culture
    * Lot of micro management
    * Cant carry phone to work bay, deposit at the security
    * Stereotyped, preacher and follower kind of environment
    * Zero Brand image

    Advice you to think before you join. Consult friends before making a disastrous decision.

    Doesn't Recommend
    Neutral Outlook

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