LendingTree

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LendingTree Reviews

Updated Jun 27, 2014

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3.1 31 reviews

37% Approve of the CEO

LendingTree Chairman and CEO Doug Lebda

Doug Lebda

(19 ratings)

43% of employees recommend this company to a friend
31 Employee Reviews
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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Toxic Environment

    (Current Employee) Charlotte, NC

    ProsThere are no pros to working at Tree.com/LendingTree. If you are reading this and you are considering applying for a position here, I would highly recommend that you seek employment elsewhere. You will be miserable in this working environment. I am currently looking at other employment options and I know for a fact that several other employees are looking around at other companies as well.

    ConsThe management at Tree.com/LendingTree has no control over costs and they have no clear direction. They are trying to get back to their "startup" roots. This is code for " being cheap". Salaries are below industry average unless you are a top executive. The only way they can lure top executives to Tree is to pay them alot of money. There is high turnover at the entry, middle and executive levels. The CEO is also the Chairman. This is a huge conflict of interest, in my opinion. The CEO claims to have an open-door policy. He tries to act like a cool "startup" CEO by working out of a cubicle. The irony is that he never, EVER walks around and talks to employees and he is not a very approachable person.

    Advice to Senior ManagementStop being so arrogant and stubborn. Start being honest with your employees and stop screwing them when it comes to their pay. Also, don't talk bad/insult former employees when they leave the company. This is terrible for morale.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    AWESOME Company

    Account Executive (Current Employee) Charlotte, NC

    ProsCasual work environment
    Open door policy
    Encouraged to share ideas - not just lip service
    We work hard and play hard

    ConsMortgage industry has been down, but things are looking up

    Advice to Senior ManagementKeep on doing what you do

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • Disapproves of CEO

     

    LeadingTree is a great place to work

    Anonymous Employee (Current Employee) Charlotte, NC

    Pros- Great exchange of ideas
    - Opinions are respected
    - Feeling of accomplishment
    - Free beer!

    Cons- Salary is a little low but they make up for it in benefits and working enviroment

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Positive place to work with a healthy work hard, play hard mentality.

    Anonymous Employee (Current Employee) Charlotte, NC

    ProsCEO always has an open door and I firmly believe that taking the initiative is rewarded in terms of increased levels of responsibility. This allows someone to grow quite quickly and there is plenty of opportunity to lead a wide array of initiatives.

    ConsFlat organization offers little room for advancement.

    Advice to Senior ManagementConsistent reward structure that is measured quarterly and reported on at an individual level would further improve employee drive towards corporate goals. This should be measured in terms of a well known yearly plan. All those that execute against a plan are not necessarily those who create it, therefore the incentives of those solely executing need to mostly be tied to executing the plan regardless of the plans overall success.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • No Opinion of CEO

     

    Fast moving company facing industry hardships

    Anonymous Employee (Former Employee) Charlotte, NC

    ProsMid--sized company. Fast paced. Tangible site.

    ConsBottom line. Personnel and Resources lacking due to cuts.

    Advice to Senior ManagementSet specific plans to achieve lofty performance goals

    • Work/Life Balance
    • Senior Management
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    • Approves of CEO

     

    Good opportunity for career development and growth

    Anonymous Employee (Current Employee) Charlotte, NC

    ProsThere are opportunities for growth if you're willing to work hard and take more responsibility. With discounted, on-site lunches, a casual atmosphere and a free on-site gym, it makes for a great work environment. It's clear that management cares about the employees.

    ConsThere are frequent company-wide changes that can be hard to keep up with. However, there are a informative meetings where information is shared.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Not so hot anymore.....

    Anonymous Employee (Current Employee) Charlotte, NC

    ProsThe co-workers are great. Willing to chip in whereever they feel they are needed.

    ConsWay too many politics lately and not enough concern regarding loosing good employees. Would rather spend the buck than save it and save jobs.

    Advice to Senior ManagementLook at other ways to cut expenses instead of job cuts. There are other ways out of a slump, you just have to be open minded enough to find them.

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    Fast and fun company.

    Anonymous Employee (Former Employee) Irvine, CA

    ProsLots of great benefits and incentives for employees.

    ConsLots of pressure and turnover monthly.

    Advice to Senior ManagementKeep it fun and exciting.

    • Work/Life Balance
    • Senior Management
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    • Disapproves of CEO

    2 people found this helpful  

    A slow steady decline since late 2007.

    (Former Employee) Charlotte, NC

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

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

    Advice to Senior ManagementToo 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.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

     

    To LT or Not....

    Director (Current Employee) Charlotte, NC

    ProsFlexible, 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.

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

    Advice to Senior ManagementI 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.

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