Bankrate
2.8 of 5 19 reviews
www.bankrate.com North Palm Beach, FL 150 to 499 Employees

Bankrate Reviews

Updated Jun 2, 2014

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2.8 19 reviews

                             

100% Approve of the CEO

Bankrate President & CEO Kenneth S. Esterow

Kenneth S. Esterow

(2 ratings)

35% of employees recommend this company to a friend
19 Employee Reviews
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    1 person found this helpful  

    BR Insurance had potential

    Anonymous Employee (Current Employee)
    Denver, CO

    ProsLocated in lower downtown of Denver
    Benefits are decent

    ConsCulture has a negative tone. Ever since the merge of InsureMe and NetQuote, the culture is not set and there is a feel of 2 companies working under the same roof. Due to this, employee morale is low.

    There is also a feel of a control battle. Senior management is composed of both NetQuote and InsureMe employees, so there is this constant tension in the air.

    High turnover in various departments due to the above.

    Advice to Senior ManagementTry to keep your quality employee's happy.
    Leadership and Vision is needed in senior management.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Its like a dysfunctional family

    Anonymous Employee (Current Employee)
    North Palm Beach, FL

    ProsGood pay, free coffee and catered food sometimes

    ConsMost 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 Senior ManagementAnalyze 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.

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Run the other way

    Analyst (Current Employee)
    North Palm Beach, FL

    ProsFree coffee, water and donuts.

    ConsBankrate 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 Senior ManagementGive it a rest.

    No, I would not recommend this company to a friend

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    • Work/Life Balance
           
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    1 person found this helpful  

    Highly paid, undervalued

    Engineer (Current Employee)
    North Palm Beach, FL

    ProsGreat pay. Great benefits. Good time off. Some interesting projects.

    ConsTerrible morale. Awfully negative culture. too much departmental infighting

    Advice to Senior ManagementCan all the directors in IT.

    No, I would not recommend this company to a friend

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    Overall, pretty good experience with Bankrate

    Anonymous Employee (Former Employee)

    ProsGreat company to work for, with great benefits.

    ConsBoring at times, with little room for advancement.

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    3 people found this helpful  

    Good for the resume not good for personal career growth

    Anonymous Employee (Former Employee)

    ProsCompany has name recognition
    Company is profitable

    ConsPoor senior management -- they have succeeded more because of luck and inheriting a business that unintentionally had very strong SEO than business skill or decent management skills
    Promotions -- titles and salary -- are given based on whether it's someone they want to hang out with and not on performance
    Dumpy no personality offices
    Stingy on equity

    Advice to Senior ManagementLook harder at those who work hard and have the ability to move up
    Look beyond presentations and spreadsheets to see if people really understand the business

    No, I would not recommend this company to a friend

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    Bottlenecks need to be fixed to make Bankrate a top company to work for.

    Anonymous Employee (Former Employee)

    ProsBenefits like health care, matching 401k, other employees, location.

    ConsIf you are looking for a project to move along, it wont. There are way to many things that slow the process down in QA and IT. I came from a small company to Bankrate and got much more done in a smaller amount of time. Too many bottlenecks at Bankrate and because of this you will see many of the employees using work time for play time. Play Farmville lately? I like to be busy at work and this job was tough because I had to wait for approvals that never were in site.

    Advice to Senior ManagementFind and fix your bottlenecks so projects can move along and you will see and increase in productivity.

    Also the Accounting dept. needs to set-up a process to work with all the acquired companies instead of working against them. Standard forms, a phone call to explain your processes. I dont care how busy you may be in this dept. these types of things will save you time in the long run.

    No, I would not recommend this company to a friend

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    Review

    Anonymous Employee (Current Employee)

    ProsGood benefits and location in FL

    Constoo many to mention on this site

    Advice to Senior Managementstop pitting employees against each other

    No, I would not recommend this company to a friend

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    Great place to work...smart people.

    Account Executive (Current Employee)

    ProsAt Bankrate you are surrounded by great leadership. Senior VPs are very visible and extremely approachable. It's rare that employees leave which is a very which is a testament to the culture and success of Bankrate. When working for a company such as Bankrate, you can certainly feel good about the product that you are selling and take pride that you're with an industry leader.

    ConsI can honestly say there aren't too many downsides when working for a company like Bankrate. We've been doing buiness for a long time so change typically takes some time. Any change to the website is calcutated and tested before it's implemented.

    Advice to Senior ManagementKeep dooing what you are doing. You've taken the time to put the right people in their positions and by doing so you have created a very positive atmosphere to work.

    Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Bankrate reviews and ratings — including employee satisfaction and approval rating for Bankrate CEO Kenneth S. Esterow. All 19 reviews posted anonymously by Bankrate employees.