Sallie Mae

www.salliemae.com
There are newer employer reviews for Sallie Mae

 

Neutral

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Manager in Newark, DE
Current Employee - Manager in Newark, DE

I have been working at Sallie Mae

Pros

Fair to above average pay.

New products that have been introdued into the market place have considerable upside (Smart Option Student, Credit Card and Bank products).

Stock Options for all level of employees.

Cons

SLM has been cutting expenses (people and sites) aggressively the last 3 years. While it is a necessity for the future, it makes it an uncertain place to work.

Very little Leadership and and Management Development for mid level management.

There is some favortism for ex MBNA/Bank of America Leadership that joined company 2 -3 years ago

Advice to ManagementAdvice

Continue to be honest and try to finish the cuts so the compnay can focus on future growth.

Doesn't Recommend
Disapproves of CEO

169 Other Employee Reviews for Sallie Mae (View Most Recent)

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  1. 3 people found this helpful  

    Fair Pay, Harsh Timelines, Poor Management.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Programmer Analyst in Fishers, IN
    Current Employee - Senior Programmer Analyst in Fishers, IN

    I have been working at Sallie Mae

    Pros

    There is a lot of large project work and the IT work is very broad company wide. Lateral movement is possible. Pay is fair and minor salary bumps are common despite the economic downturn.

    Cons

    Management is terrible. Every team is understaffed and overworked, just hoping not to be laid off. Business leaders are actively trying to cut employees in every way possible. Questionable if there is any sustainable business model for the future. Managers veto vacation days regularly. Dress code and conduct seems to be a moving target. Some good talent has been cut despite teams carrying dead weight in management and business roles. Business side employees are clueless and territorial. Office conditions are dungeon-y.

    Advice to ManagementAdvice

    stop coasting on your 20 years at SLM and do your jobs for once.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Good place to learn and grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Supervisor in Lynn Haven, FL
    Former Employee - Supervisor in Lynn Haven, FL

    I worked at Sallie Mae

    Pros

    Solid benefits
    Quick promotions for top performers

    Cons

    Company is shrinking due to changes in legislation

    Recommends
    No opinion of CEO
There are newer employer reviews for Sallie Mae

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