There are newer employer reviews for NVR

 

LO at NVR Mortgage

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Loan Officer  in  Frederick, MD
Former Employee - Senior Loan Officer in Frederick, MD

I worked at NVR

Pros

Discounts if buying a home. Great insight in to construction practices, processes and pitfalls. Lots of talented people, lots of people in general and lots of energy at first. Nice offices, nice staff, nice bosses - lots of nice. Allowed to be independent, follow true best course and encouraged to be honest, straightforward and ethical.

Cons

But... pay stinks comparably, way over-worked, high stress, good ideas quashed if it might upset the status quo or the builder, only way to earn enough money to live was to fight with fellow employees for loans, or find ways to get loans done even if they maybe should not get done. Builder ruled the world, even though they poisened it in the first place by forcing things through rather than stepping back and considering the best possible outcome. Only cared about their desired outcome.

Advice to ManagementAdvice

Laying off your most talented people might be the way to end debates, questions and discussions within the offices when bad ideas were put in to practice, but it is destroys customer service and leaves you with the workers who just do the job and don't go the extra mile. Originality and capability should be rewarded, not punished.

Doesn't Recommend
Approves of CEO

21 Other Employee Reviews for NVR (View Most Recent)

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  1.  

    Good but could be better

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

    I worked at NVR

    Pros

    Well managed company with detailed systems and processes.

    Cons

    Senior Leaders manage from Ivory Towers

    Advice to ManagementAdvice

    Go back to basics and become the homebuilder you were.

    Recommends
    No opinion of CEO
  2.  

    Used to be great, now just good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Cost Manager
    Current Employee - Cost Manager

    I have been working at NVR

    Pros

    Solid company with a great balance sheet. A real industry leader in business practices.

    Cons

    Consolidated power in Reston. Very little leeway for operations managers to make the right decision. Many recent decisions were based upon the impact to the stock price and analyst perception, and not necessarily for the good of the company. The culture that made NVHomes special has eroded over the past years, it has turned from a homebuilder to a money making machine, no different from other Fortune 500 companies except for there is little focus on employee morale and well being. The pay scale is under industry averages.

    Advice to ManagementAdvice

    The bottom line is not the only line. Employee morale is dictated by positive and consistent information flow from senior management. Unfortunately when times got tough a CFO to CEO consolidated power and took all of the decision making away from the operation centers. Treating people like luxuries instead of necessities tears down the culture that made NVHomes special.

    Recommends
There are newer employer reviews for NVR

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