LendingTree

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33 Employee Reviews (View Most Recent)

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2 people found this helpful  

A slow steady decline since late 2007.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  Charlotte, NC
Former Employee - Anonymous Employee in Charlotte, NC

Pros

Good work\life balance and decent benefits. Brand recognition to where you work. Possible rebound in 2012+ if economy improves. Creativity is valued.

Cons

Positions are stretched too thin in some areas. Depending on department don't expect much in professional development.

Advice to ManagementAdvice

Too much talent has exited LendingTree along with its experienced, but average, upper management. Those remaining are either not capable or instill little confidence in their direction and decision making. Business best practices and planning are being ignored for the sake of any new technical trend or revenue stream. Way too much revenue has been wasted over seven years on a certain business model that has never returned a profit.

Doesn't Recommend
Disapproves of CEO

Other reviews for LendingTree

  1.  

    To LT or Not....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Director  in  Charlotte, NC
    Current Employee - Director in Charlotte, NC

    Pros

    Flexible, opportunity to learn and experience online marketing with a strong and recognized brand. Depending on the role, decent work life balance. Good people over all.

    Cons

    Communication is weak, resources are extremely limited for IT projects. Compensation is definitely an issue. Mortgage business is very volatile in this market.

    Advice to ManagementAdvice

    I think the biggest issue currently is the lack of communication for Sr. management to the organization on the true goals and directions of the company.

    No opinion of CEO
  2.  

    Aggressively Competitive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC

    Pros

    Lending Tree was an interesting enviornment to work. They are focused on company growth and efficiencies, at the expense of the team working there. On the fairness side, any level of employee or executive can be praised, promoted or let go dependant on the quarterly report.

    Cons

    Taking the call centers out of the equation, turnover is high with a strong reluctance to replace those that have left. Quarterly earnings reports usually meant some type of reduction in force. Communication is very poor due to, in my opinion, the internal politics that have business units in competition with each other for resources.

    Advice to ManagementAdvice

    Open door policies mean you talk to someone if they come to you. Make an effort to go out to the employees at all levels and discuss the company, the goals and how you will measure those goals and how you will be accountable. Act on suggestions. Become a community leader.

    Disapproves of CEO
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