Altisource

www.altisource.com

Altisource Reviews

Updated January 29, 2015
Updated January 29, 2015
297 Reviews
2.6
297 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

Employee Reviews

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  1.  

    Very disgusting, company for freshers

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

    I worked at Altisource as a contractor (less than a year)

    Pros

    Compare to other companies salary is good.
    CAB facility is good.
    Basic needs are well furnished.

    Cons

    Nobody is aware of the structure and the functionality of the company.
    Can remove any employee without prior notice in a very bad manner and without any reason.
    Highly dissatisfied.

    Advice to ManagementAdvice

    Please follow some basic rules before firing.

    Doesn't Recommend
    Negative Outlook
  2.  

    Run as fast as you can from this place.

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

    I worked at Altisource

    Pros

    There are no pros to this company.

    Cons

    The work environment is the worst I have ever been. Management does not care and will make life miserable. You can not trust management either. They will have record profits then lay off 10% of the staff. Everything about this company is bad. Not to mention no raises ever no matter what.

    Advice to ManagementAdvice

    Treat people with respect and give them support.

    Doesn't Recommend
    Negative Outlook
  3. 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
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  5. 5 people found this helpful  

    Project manager

    • 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

    They pay well, (they've got nothing else too offer)

    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. Lot of attrition it seems at all levels. No processes at all, company with more than 5k employees doesn't even have a portal for finances and investments. Induction was pathetic to say the least.. Just manage your boss regardless of what crappy work you do!!

    Zero common sense in the top management and no process whatsoever at any level. Surprised to see such worst managed products still in production . Extremely political environment with very adamant ,dominating , demeaning persona top managers with no value for contributions .

    If you are mid senior level management , never join this company as there is absolutely no value for the proposals for improvement . Monarchy is Altisource in few BU's. No work life balance at all

    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, respect at workplace and value the proposals before deciding etc. You have a long long way to go ..

    Doesn't Recommend
    Negative Outlook
  6. 4 people found this helpful  

    Toxic 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

    Pros

    Free snacks coffee and tea. illegal unfair hiring process. discriminatory hiring process and a discriminatory environment

    Cons

    Toxic Environment
    Altisource is the most toxic environment one can work in, worse than a chemical factory. In a chemical factory your body gets affected and if you stop going there your body can get cleansed. But at Altisource your mind gets poisoned to a point where your self- confidence gets shaken up. You start doubting your own ability.
    They shut down their products and let go off a whole bunch of people. All the senior people are secretly looking for new jobs and their subordinates don’t know that they are looking for new jobs.
    There were so many negative comments on Glassdoor and then the Senior management and the whole recruiting team ran a program where they ”incentivized” their employees to write positive comments and the next thing there are a whole bunch of new positive comments on Glassdoor about Altisource.
    They hire South Americans, Chinese and Indians but the recognition/ promotions/ bonuses are not the same as other employees in the company. Also the salary structure is very discriminatory all across. I have seen 10 years experienced Chinese person make $30k less than a “non-Chinese” employee.
    They work only for one customer Ocwen and if that customer does not want or like something then the whole project can get scrapped off just like they shut down products right now. Extremely uncertain situation but the people are trained to promote the company as though it is better than Google or Amazon.
    Altisource hires a ton of egoistic people whose attitude is “my way or the highway” and hence every time there is a senior person hired the focus of that product changes and then everyone has to adapt to this new person’s vision. Multiple times they have hired people to run the show and then have hired someone as his boss and so everything that this first person has done gets wiped clean and then they start from scratch according to the new “senior” employee.
    Their hiring policies are discriminatory. They use AccessPI which evaluates a candidate’s behavioral characteristics and if they are not in line with what the company is looking for a candidate does not get the job even if he can do the job or has done the job for 10 years. Another discriminatory practice is the WPT. It is a practice done to “weed out” people. WPT has nothing to do with coding and yet it is a mandatory hiring step. Majority of the people fail the test. Both these steps are harder for people who are not born and raised in America. The English is American English.
    Hiring managers bring their own ex-colleagues at very high compensations and even if they fail the AccessPI and WPT. While other employees who actually pass the two steps are not compensated as much.

    Advice to ManagementAdvice

    Let people do their jobs.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 4 people found this helpful  

    My new low

    • 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

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

    Pros

    The pay is descent. There is free coffee in the break room. The building has plenty of restrooms and parking.

    Cons

    Extremely difficult to work for, low office morale, convoluted processes, no work life balance, poor outlook, unresponsive management, lack of supplies/equipment for daily work. Majority of employees are offshore and poorly trained. However, local co-workers generally know what they are doing.

    Advice to ManagementAdvice

    Monthly award program is a joke. Try offering some incentive.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 4 people found this helpful  

    Fair warning! Don't say we didn't tell you!

    • 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

    I have been working at Altisource

    Pros

    Good pay. Friendly coworkers who are in the same boat.

    Cons

    First of all, if you do interview ask for a cup of coffee and the tate of it will tell you everything you need to know about Altisource. Worst company I have ever worked for. They expect you to know everything right away and then yell at you if you dont. Then they expect you to work 70+ hr weeks. Do yourself and fail their stupid Wonderlic test during the interview. My boss is great don't get me wrong... it's the job and company that will destroy your soul. I've been here for 2 months and will resign as soon as I can get another job.

    Advice to ManagementAdvice

    Show some respect to your employees. Hire enough people to do the job.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 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
  10. 2 people found this helpful  

    Not about the employee

    • 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

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

    Pros

    There is free coffee in the morning

    Cons

    Not worker centric
    very hard to get process improvement
    very little team dynamic

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 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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