Altisource

  www.altisource.com
Work in HR? Unlock Free Profile

Altisource Reviews

Updated August 14, 2014
Updated August 14, 2014
269 Reviews

2.8
269 Reviews
Rating Trends

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

Review Highlights

Pros
  • Very flexible and good work life balance with very good interaction between teams (in 17 reviews)

  • Good salary, executive team is one of the best and does provide directions and mentoring (in 15 reviews)


Cons
  • Working hours are sometimes very harsh on individuals and work life balance is lop-sided (in 14 reviews)

  • 2> Senior Management in United States, they are not aware of things happening in India (in 11 reviews)

More Highlights

Employee Reviews

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

    Excellent place to grow

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

    Pros

    Tremendous opportunities to grow for people who want to work 24x7

    Cons

    Not an ideal place for people who need a work life balance

    Advice to ManagementAdvice

    Keep up the good work

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person 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

    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
  3.  

    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

    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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 8 people found this helpful  

    Company doesn't value employees

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

    Pros

    Competitive salary is about all that comes to mind. Of course this isn't a pro when you realize you will work 1.5 times as much as you would in another job, therefore they are underpaying employees. Additionally, the annual increase is like 1% so it won't take long for competitor pay to surpass Altisource pay.

    Cons

    You will work 70+ hours per week plus weekends and if you don't, they will find a reason to let you go.
    The culture is a non-trusting, non-empowering form of slave labor where senior management thinks every employee is out to rob the company.
    Global company with offices in 5 countries but they keep cutting travel budgets so you can't visit your staff or properly supervise overseas operations.
    Expense reports take months to approve and no company credit cards so its your money they are holding.
    You are told to take time off, but when you do they question your commitment and interupt your PTO with urgent calls and fire drills.
    Staff is crammed into cubes in every nook and cranny because company won't spend the money on adequate space.
    Company makes all decisions based on financials, not the impact to employees or customers.
    Employees must punch in and out, showing all the overtime you aren't getting paid for.
    There is no work-life balance, just work.

    Advice to ManagementAdvice

    If you spent more resources and effort on taking care of your staff, you would come out ahead because you wouldn't be burning employees out and having to re-hire and re-train new employees every 6 to 12 months. Also, if employees keep leaving under certain managers and executives, maybe you should be looking at replacing that manager or executive. Finally, do a 360 now and again, you might get some valuable information.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    The Culture is very quirky

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

    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
  7. 1 person found this helpful  

    so so

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    having good work life balance

    Cons

    low tech support and ambiguous tasks

  8. 1 person found this helpful  

    Great Boss = Great Job

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

    Pros

    I enjoy working here because my boss really give me room to grow my skills. She is very encouraging and always helpful when I don't understand something.

    I also really enjoy my work environment and the people in my office.

    Cons

    There aren't many cons in my role.

    Advice to ManagementAdvice

    Learn how to encourage your employees to do well.. not scare them into getting results.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Leave you feeling empty. No thought for employees.

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

    Pros

    What is a PRO? I guess they pay on time and checks never bounced. Oh yeah, we had a office birthday food day once a month.

    Cons

    Everyone is fake. Give your soul away. Your days are numbered. This whole thing is smoke and mirrors, hope you have a backup plan.

    Advice to ManagementAdvice

    Grow a set.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 6 people found this helpful  

    Great place to confirm what you don't want in your next job!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Puppet  in  Maryland Heights, MO
    Former Employee - Puppet in Maryland Heights, MO

    Pros

    Good Benefits and PTO for employees.

    Cons

    Everything else. HR lies to new applicants, stating they realize the salary is low but bonuses make up for that. Unfortunately, the bonus statement is never in writing, but only verbally communicated on the phone. The bonus plan was changed after hiring and is only attainable if you skip steps in your job while only looking at items that quality checks may find.

    Advice to ManagementAdvice

    Doesn't matter as they don't care. If you mention concerns, it is disregarded and you are now labeled.

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

    Always in a mode of change

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

    Pros

    I have gained valuable industry experience

    Cons

    Not a lot of growth opportunities

    Advice to ManagementAdvice

    Develop internal opportunities for employees to grow.

    Recommends
    No opinion of CEO

Worked for Altisource? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.