There are newer employer reviews for College Loan Corporation

 

Employee Owned Company, Invested in One Another, Family atmosphere

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Las Vegas, NV
Current Employee - Anonymous Employee in Las Vegas, NV

I have been working at College Loan Corporation

Pros

100% Employee Owned- ESOP Yearly Grants of Stock
Great Opportunities to grow career
Tuition Assistance
Flexible Scheduled- Work from home
Cutting edge Microsoft based systems- CRM, Loan Originations, SharePoint, TFS
Family atmosphere
Invested in each other and the community
Toy drives
Donations to local schools
Company Bonuses
Christmas Bonus from CEO

Cons

Smaller company
Conservative budget
Not funding new student loans

Advice to ManagementAdvice

Hold more town hall meetings, provide updates on what senior management is doing to get the company back into business.

Recommends
Approves of CEO

11 Other Employee Reviews for College Loan Corporation (View Most Recent)

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  1. 1 person found this helpful  

    CLC - the Job to avoid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Las Vegas, NV
    Former Employee - Anonymous Employee in Las Vegas, NV

    I worked at College Loan Corporation

    Pros

    Cary Katz and the finance department seem to be knowledgeable and good to work with. Some departments are trying to make CLC a better work place.

    Cons

    Management lacks IT skill and experience
    Of Development team 75% of staff has left in past year.
    Management has no vision
    Politics of a large company when they have around 60 employees
    Reorganization occurs every few months within the same groups of people
    No communication between departments
    Inability to formalize requirements between business and application development.
    The company is running out of quality employees. You need a vision and goals for your team. The loan system is horribly buggy and hasn't been successfully tested in years.

    Advice to ManagementAdvice

    Get rid of the IT management infrastructure and get somebody who cares about I.T. to run the group. Treat the employees with more respect and recognize that I.T. employees have families and a life outside of CLC too!!
    Make sure you can run the systems when you're back in business. Hire a different CTO and VP/Director for IT - preferably people who have a clue.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    Horrible Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Las Vegas, NV
    Current Employee - Anonymous Employee in Las Vegas, NV

    I have been working at College Loan Corporation

    Pros

    Good salary compared to many places
    Some very good employees
    Allows work from home for employees
    Flexible working hours for employees

    Cons

    Management has no IT skill or experience
    Almost everyone hired in the last year has quit
    Management has no vision
    Politics of a large company when they have around 60 employees
    Reorganization occur every few months within the same groups of people
    No communication between departments

    Advice to ManagementAdvice

    The company is running out of quality employees. You need a vision and goals for your team. Your loan system is horribly buggy and hasn't been successfully tested in years. Make sure you can run the systems when you're back in business. And hire a real cto or vp for IT

    Doesn't Recommend
    Disapproves of CEO
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