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Sallie Mae was great workplace. Now people look forward to getting fired.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Unit Manager  in  Wilkes Barre, PA
Current Employee - Unit Manager in Wilkes Barre, PA

I have been working at Sallie Mae

Pros

The company used to be great. Benefits, stock options, dynamic job.

Cons

Now the company is sliding into a pit. The current moral level at the company is horrid. Due to layoffs Fridays at Sallie Mae are like waiting for the headsmans ax. Most people are only staying at the company in hopes of getting a severance package.

Advice to ManagementAdvice

Quit looking at the bottom line and not at your people. If your people are happy and on board, the bottom line will follow. The company has lost it's goals. Providing students with loans has become secondary to making money for management. Employees are only doing enough work to survive, never to advance in any way. You need to change or die.

Doesn't Recommend
Disapproves of CEO

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

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  1.  

    DON'T GO TO COLLEGE OR SHOULD I SAY STAY AWAY DO NOT GET LOANS FROM SALLIE MAE.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - PCO  in  Wilkes Barre, PA
    Current Employee - PCO in Wilkes Barre, PA

    I have been working at Sallie Mae

    Pros

    a paycheck. you work independently

    Cons

    The company robs the students. I cannot sit there and honestly sell. I have a concious and these kids are starting out with 20,000 in student loans and when they graduate their student loan bill is 40,000 in interest. this is just an example the interest is robbery.

    Advice to ManagementAdvice

    stop spending so much time going outside for a cidgerette when 5 employees walked,out in 4 days. the mgmt stick together among them selves . It is a call center!!! you can't trust anyone and they will stab you in the back if you turned to fast. I am sure i am leaving next i am just miserable there. TOO MANY CHANGES TOO FAST

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Stay away!!!

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

    I have been working at Sallie Mae

    Pros

    Good child care benefit. Lots of work to be done. Not enough time to do it. There is always something to do, just never enough time to do it. There are lots of technologies in use at SLM, and for the most part, there is a wide variety of skills to learn.

    Cons

    Horrible hours, and the company doesn't value their employees. Senior management is driving the company into the ground. Layoffs are happening left and right, and others are expected to fill in the slack. The company manages by reaction, and there is no communication between the business and IT areas. Even worse, the company treats their borrowers terribly, and does nothing to improve the overall customer experience.

    Advice to ManagementAdvice

    Al Lord should be fired. He could care less about the employees.

    Doesn't Recommend
    Disapproves of CEO
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