LendingClub

  www.lendingclub.com
  www.lendingclub.com
There are newer employer reviews for LendingClub

2 people found this helpful  

Chance to be a part of something special

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Marketing in San Francisco, CA
Current Employee - Marketing in San Francisco, CA

I have been working at LendingClub full-time (more than an year)

Pros

Many companies talk about reshaping an industry, but Lending Club is one of the select few that is actually achieving this lofty goal. Growth comes in monthly leaps that just seem to keep accelerating, leading to ever-larger opportunities. While every company talks about scale, we really (have to) mean it, which leads to an intriguing focus on how do we keep more efficient and do bigger things. Working here is definitely a chance to be a part of something special.

Overall, company is stocked with really great people working towards a common goal. Surprisingly good work/life balance and plenty of opportunities to make friends.

Cons

With rapid growth can come rapid change, which can be turbulent. Your role and expectations can be radically different every six months - the bar keeps getting higher - but that generally leads to bigger and better opportunities for those who are willing to step up and do more. If you're looking for a job where you punch in, make your widgets and then punch out, this is not the place for you you.

Advice to ManagementAdvice

Stay nimble and stay focused. As the company (again) doubles its staff, management gets exponentially more challenging. Keep finding and rewarding good people; get the under-performers out faster. Invest more in crafting a positive and and exceptional culture that matches our success.

Recommends
Positive Outlook
Approves of CEO

50 Other Employee Reviews for LendingClub (View Most Recent)

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  1. 1 person found this helpful  

    Very positive environment

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

    I have been working at LendingClub full-time

    Pros

    Very decent people work there.
    Very little negativity, there is practically no such thing as telling on somebody to get in a better position yourself.
    Lots of possibility for growth.

    Cons

    They have 401K plan, but don't match it

    Advice to ManagementAdvice

    Keep on doing great job by giving people more opportunities to shine, and please don't forget to show your appreciation.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Interesting Workplace

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

    I have been working at LendingClub full-time (less than an year)

    Pros

    It's a tad different than a "bank". There aren't impossible expectations here. Even better, it's easy to make friends here. The happy hours are fun and people are willing to hang out after work. It's not the same 'cold professionalism' you'd see at other places. You can confide in people.

    Management is good for the most part. They seem to avoid, at all costs, pushing the tenseness of growth/sturcturation on their employees. This is not a bad thing. They are functionally your advocates.

    It's a good working environment for people with cool demeanors. Regardless, if you work hard you will see growth. The company affords many opportunities, you just need to be patient.

    Cons

    Sometimes things aren't too clear, but that comes with any start-up. There are growing pains and formal processes are being established. Changes can be a bit mystic for many.

    Advice to ManagementAdvice

    Be synergistic with your goals and your values. Try to find medians between the old and the new. It's not just about maintaining happy hours-- people still think it is a start-up. It gives value to us to think that we are helping to create something new.

    Also be clear about opportunities. Sometimes people don't know about them and they are left to decode the available options for them in their next step. Sometimes this can be very frustrating, particularly for the direct.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for LendingClub

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