Lender Processing Services Reviews

Former Employee – worked at Lender Processing Services full-time for more than 7 years

Pros – -Decent pay
-Decent benefit package
-Great co-workers
-Flexible work options for WFH

Cons – -Great disparity in compensation
-Pay and benefits are getting less and less
-Upper management and executive management is full of nepotism
-Lack of corporate vision

Advice to Senior Management – Stop worrying about your competition so much and focus on your own company. Put less emphasis on 'firefighters' and more on making existing process and tools better. Listen to your employees and clean-house with upper and executive management.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Lender Processing Services full-time for more than 3 years

Pros – -Great campus & location
-flexible vacation
-great place for IT experience

Cons – -average at best benefits
-little room for growth
-upper management uses their power to their advantage too much
-dedicated employees are over-worked
-average pay relative to position
-company is too fragmented
-pay increases are minimal

Advice to Senior Management – -get rid of the overbearing hierarchy
-treat employees more like family
-allow for more opportunities for growth
-treat your dedicated employees with more respect

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Lender Processing Services full-time for more than 3 years

Pros – The employee benefits and bonus opportunities are good.

Cons – When the housing market is going good, the business is not doing well. It takes 5 years to get to 3 weeks of vacation.

Advice to Senior Management – Cut back a bit on fundraising events and add an employee event once a year.. even if it's just a free jeans day so LPS won't have to spend money on this event.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Lender Processing Services full-time for more than 8 years

Pros – I was able to work remotely, and was promoted with in to years. I worked from 2004 to 2012.

Cons – Laid off due to company closing

Advice to Senior Management – Always keep hard working employees as loyalty is hard to find.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Lender Processing Services full-time

Pros – Depending on the department you work in, good work environment and fun people. There are some departments that are not this way though. Very uptight and micromanaged. The department I worked in was also flexible when I needed to leave early for family reasons or if I needed to work at home.

Cons – Low pay, no raises, and no bonuses. The division I worked in was always struggling financially and people were always worried about layoffs. The company is top heavy and has too many overpaid VP's. Hard to get things done because of all the levels of management and all the pissing contests going on between them.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Lender Processing Services

Pros – good people to work with, but no bright leader

Cons – management needs relax and empower their employees

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Lender Processing Services full-time for more than 3 years

Pros – Benefits
Coworkers
Relaxed environment/dress
Unexpected opportunities for the "best & brightest"
Opportunity for training
Opportunities for inexperienced employees

Cons – Disparity between management & processor pay
High Manger+ turnover
Poor decision-making related to priorities
Poor communication within the company
Cronyism & politics felt in Supervisor+ positions

Advice to Senior Management – Hire better and fewer people at a higher wage.
Crack down on wasteful management spending.
Be more open with employees about the REAL state of the business
Seek more input from those "on the front line" when making policy instead of dictating

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Lender Processing Services full-time for more than a year

Pros – Casual dress
Friendly coworkers
Decent benefits
Good balance of control vs freedom

Cons – Pay, Vacation, Hours, Workload, Recognition, Appreciation

Advice to Senior Management – Corporate workers make six-figures easily while the normal office location employees are lucky to make $10/hr

No, I would not recommend this company to a friend

Current Employee – been working at Lender Processing Services full-time for less than a year

Pros – You can listen to music on your ipod or iphone all day

Cons – Poor management. If you don't suck up to management they will try to get rid of you during the annual lay offs in January, Your chances decrease of being treated fairly if your a guy, no room for growth, salary never increases, management cannot complete the job and just sit around and go on yahoo or talk about their families, and holidays forget about it Christmas eve doesn't count and the non favorites have to work(men you have to work)

Advice to Senior Management – Learn how to treat others better and please know your time zones. Its pretty sad when you cant recall information that is given to you in elementary school.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Lender Processing Services full-time for more than a year

Pros – Always hiring........go to ServiceLink instead; they pay an average of two to three dollars more for the same positions.

Cons – Must sign a non-compete valid for 6 months for even the lowest of positions. No raises....ever; even for tenure of 7+ years. You are treated like a number and never know when you'll be let go. Advancement only for friends of managers and never for good quality hard workers. They rearrange employees all the time to different departments to avoid layoffs and then get laid off anyways. HR does nothing to accommodate. Lack of communication between the LSI and LPS sides and people get laid off and rehired only to have to go through the entire new hire process again to work on the other side of the same floor they came from.

Advice to Senior Management – Get rid of the non-compete for all positions within the company except for upper management, sales and Information Technology as those are the only positions it should be for and not your average employee. You maybe could just sell your company to your competitors since you lost all of your business to them anyways.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company