Bankrate Reviews

25 Reviews

3.0
25 Reviews
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Bankrate President & CEO Kenneth S. Esterow
Kenneth S. Esterow
2 Ratings

6 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Want preferential treatment, lack of leadership.. Then this is for you...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Software Engineer  in  North Palm Beach, FL
    Current Employee - Principal Software Engineer in North Palm Beach, FL

    I have been working at Bankrate full-time for more than 8 years

    Pros

    Most of the people who actually do work here are great, but that's just a limited few

    Cons

    Within the IT group, it's all about preferential treatment. It's not an even playing field from management. Too many chiefs, not enough indians. Everyone gets promoted here (as long as you're already in management), and many of them don't deserve it. I've been here over 8 years and it's never changed here. If you're not a manager already, you'll never get anywhere, don't try because I have and it's a non-winning situation. I stay here only because it's close to my home in north palm beach.

    Advice to ManagementAdvice

    Think of some advancement and get some training yourself on employee relationships.

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

    Career limiting company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Scapegoat  in  Denver, CO
    Current Employee - Principal Scapegoat in Denver, CO

    I have been working at Bankrate full-time for less than a year

    Pros

    Downtown Denver is a nice location, provide eco pass with employment, benefits are decent, but none of the Pros are worth the headache of working there.

    Cons

    High employee turnover (4 left this week). Constant 'which hunting', unhealthy team dynamics, protectionism, Everything else you can imagine.

    Advice to ManagementAdvice

    Bring in strong management from outside the company. Promoting from within continues the downward spiral the company is experiencing.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 4 people found this helpful  

    Hated It.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  North Palm Beach, FL
    Former Employee - Anonymous Employee in North Palm Beach, FL

    I worked at Bankrate

    Pros

    Free coffee, free soda and sometimes catered food.
    An extreme lack of work gives you plenty of free time to watch movies on your computer, so make friends with your headphones.
    You can bring a pillow to work for naps.

    Cons

    Where should I start?
    1. If you are not in the right cliche don't expect any promotions.
    2. Be prepared to be bored and I mean very bored as you sit around waiting for things to get approved so you can move on to the next thing.
    3. No one ever talks in person, everything is communicated through e-mail or IM.
    4. There is a department with only 2 people and one is a VP.
    5. Lots of waste, such as having a 2 person department and one being a VP.
    6. Most people are just concerned with making sure no one else really knows how little work they really do lest they lose their job.

    Advice to ManagementAdvice

    What management?

    Doesn't Recommend
    Disapproves of CEO
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  5. 2 people found this helpful  

    Its like a dysfunctional family

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  North Palm Beach, FL
    Current Employee - Anonymous Employee in North Palm Beach, FL

    I have been working at Bankrate

    Pros

    Good pay, free coffee and catered food sometimes

    Cons

    Most of the Senior Management care nothing about teamwork or have a clue about team building. Their only concerned that nobody gets their jobs. Most have never had any experience in their positions before Bankrate. It one of those places where the people who stayed did so because they could never get a position like they have in any other company. The rest left.

    Advice to ManagementAdvice

    Analyze current management, talk to the people who report to them and replace or train them in management skills. Create an environment where people want to help each other not protect their jobs.

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

    Run the other way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Analyst  in  North Palm Beach, FL
    Current Employee - Analyst in North Palm Beach, FL

    I have been working at Bankrate

    Pros

    Free coffee, water and donuts.

    Cons

    Bankrate seems to have a serious problem retaining and respecting the work of minority employees. Most of the turnover coincidentally seems to come from minority employees.

    The editorial department, IT dept. and senior management especially carry themselves with an elitist attitude despite the fact that many are underqualified for their positions.

    Advice to ManagementAdvice

    Give it a rest.

    Doesn't Recommend
    Disapproves of CEO

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