Altisource

www.altisource.com

Altisource Reviews

Updated January 19, 2015
Updated January 19, 2015
295 Reviews
2.6
295 Reviews
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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

45 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Senior Project Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Altisource (less than a year)

    Pros

    they are striving to be the best in the business

    Cons

    Instability, lay offs, too much bureaucracy

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 8 people found this helpful  

    Surreal workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Developer in Boston, MA
    Former Employee - Senior Software Developer in Boston, MA

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

    Pros

    Deep pockets, lots of new technologies to play with (if you're lucky enough to work in the right department), great co-workers, lots of technical talent, semi-startup environment.
    If you ever wondered how it would be to work for an off-shore company, but were afraid to move to India, your wait is over. Apply for a job with Altisource in Boston and the experience will be yours to have. Place is full of cultural diversity. H-1 visa applicants are strongly encouraged to apply and well represented in the Altisource workforce.
    Great place to brush up on foreign accents.

    Cons

    - Lack of leadership. Example: competing projects lead to conflicts between already alienated locations (Atlanta vs. Boston). Poor understanding of target technologies by senior technical management leads to indecisive management style.
    - Lack of vision. If you build it they will come. Build something... anything... throw it up against the wall and see if it sticks. Business requirements? Say what? Come up with your own feature set and run with it.
    - Poor communication skills. Low-level management lacks basic communication skills. A lot of can be attributed to cultural differences.
    - Pretend-startup look and feel. Smoke screen to entice college grads from ivy league schools to come onboard. Not too many publicly traded startups with Indian roots out there to compare against, so perhaps I am wrong about this one...
    - Antiquated development environment. Locked down and tightly controlled workstations. Low-end Windows laptops as cost saving measure. Never mind simple math: number of builds a day TIMES number of minutes spent waiting for slow build TIMES number of developers = REAL WASTE OF MONEY
    - Poor facilities. Lack of permanent office space. Constantly on the move from one location to another.
    - Too many chiefs and not enough indians.

    Advice to ManagementAdvice

    Hire from within your personal circle of friends to cultivate already successful company culture. Clamp down more on development environment to encourage technological innovation. Hire at least one US citizen for every H-1 visa employee to introduce more cultural diversity.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 9 people found this helpful  

    Stifling environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    If you are looking for just a paycheck, then this is a perfect place to be.

    Cons

    Employees are constantly reminded to not talk, how to dress, and that you can be recognized only if you make time to help other departments no matter how hard you work in your own department.

    Advice to ManagementAdvice

    EVERYONE NEEDS TRAINING...even managers.

    Doesn't Recommend
    No opinion of CEO
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  5. 12 people found this helpful  

    Ready Fire Aim, leads to a rocky road

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource full-time (more than 3 years)

    Pros

    The pay and benefits are ok, with matching on 401K and good insurance. Pleasant office. Position was intellectually challenging with broad responsibility.

    Cons

    Strategic management poor, resulting in layoffs; but kept top heavy management. "Broad responsibility" also means you wear multiple hats, can be a problem in a highly regulated industry. Systems never seem to be able to support existing services, much less new ones. Heavy reliance on off-shore employees comes with unrealistic expectations of them. Poor management of internal services such as vendor management, expenses, information is always behind - weak HR, ZERO career guidance and from an internal view, average technology for a company billing themselves as having "integrated technologies and decision models". Always feel as though they'd ditch us if they could break our jobs down into small enough pieces for a much lower paid offshore analyst, so I don't get the warm fuzzies I like to feel from an employer.

    Advice to ManagementAdvice

    See cons, above. Avoid them at all costs.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 2 people found this helpful  

    Let go shortly after starting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Loan Processor in Saint Louis, MO
    Former Employee - Senior Loan Processor in Saint Louis, MO

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

    Pros

    Friendly co-workers. Salary was comparable to previous employers. Opportunity seemed to be very good, with the possibility of upward movement.

    Cons

    Worked there for only 4 months before I was laid off! Upper management did not have their ducks in a row, for the NEW line of business I was brought on to help get up & running. The Legal Dept. delayed are start and as a result of many delays, we could not get the business needed to sustain the reason for all of the staff hired (5), and as a result 4 of 5 were laid off, with no real clear explanation.

    Advice to ManagementAdvice

    Reduce the layers of management and you will be in a better position.

    Doesn't Recommend
    No opinion of CEO
  7. 2 people found this helpful  

    The Culture is very quirky

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    The initial pay to get you in is decent

    Cons

    They are a small company that grew over the last few years but is still operating as mom and pop.

    Advice to ManagementAdvice

    Be more family oriented. Don't make promises to employees that cannot be kept.

    Doesn't Recommend
    No opinion of CEO
  8. 7 people found this helpful  

    Disaster of a company to work for with no future.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Co workers were wonderful and fun to be with.

    Cons

    Management lacks for sight and innovation and an overall lack of knowledge of the subject matter. They have grown so much through new hires and buying other companies that they can't keep up with the influx. The IT department cannot make progress on a new platform that they have been working on for 2 years and most of that is outsourced.

    Advice to ManagementAdvice

    Not listening to the people you hired for their expertise.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Decent workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Altisource

    Pros

    People go in, do their work and then go home. Repeat.

    Cons

    Long hours, no incentives, no culture, lack of interest.

    Advice to ManagementAdvice

    Please boost morale around the office?

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Not a good working culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Atlanta, GA
    Former Employee - Director in Atlanta, GA

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

    Pros

    Fast growing company with lots of potential.

    Cons

    Company is too focused on growth without making sure they can handle what they already have.

  11. 2 people found this helpful  

    Sweat Shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Altisource

    Pros

    This is a good company for someone without much experience who seeks exposure to a variety of tangible projects and opportunities. Also, as the company feeds off bad mortgages and exploits the poor economy, rising interest rates and continued inflation coupled with a poor economic outlook for the economy, the future of this company bodes well.

    Cons

    The executive management provides little direction and seems pretty scattered on their approach, promoting an 'us' verses 'them' culture between the VP and C-level execs and the rest of the company. There is no collective sharing in problems or issues but rather an uneducated demand to oversimplify complex problems that the company created over years of time. Despite a large number of excellent people in India, the senior team views all Indian employees as 100% expendable 'doers' with no desire to see them as more than a means to an end. The corporate culture focuses on the number of hours one sits in the office rather than on the actual work and quality of work being contributed.

    Advice to ManagementAdvice

    Resign

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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