There are newer employer reviews for Bankrate

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

21 Other Employee Reviews for Bankrate (View Most Recent)

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  1. 1 person found this helpful  

    BR Insurance had potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    I have been working at Bankrate

    Pros

    Located in lower downtown of Denver
    Benefits are decent

    Cons

    Culture 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 ManagementAdvice

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

    Doesn't Recommend
    No opinion of CEO
  2. 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
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