LowerMyBills Reviews

Updated July 8, 2014
Updated July 8, 2014
10 Reviews

3.7
10 Reviews
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Recommend to a friend
Approve of CEO
LowerMyBills President Steve Krenzer
Steve Krenzer
4 Ratings

Employee Reviews

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  1.  

    LowerMyBills.com is a great company to work for. It is a fun, dynamic, and fast paced environment to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at LowerMyBills full-time for more than a year

    Pros

    At LowerMyBills.com, managers do not micromanage their employees. I feel like a strong asset to my team and am encouraged by a constant positive vibe and energy around the office. There is a lot of room for growth within this company. It is a serious work environment but it also allows a lot of fun things to happen. We have Friday carts once a month that give out fun treats, we have a game room with a ping pong table and other games, a lot of tea bags to choose from, and two amazing coffee machines. These machines will make you lattes, other espresso drinks like mochas, and regular coffee.

    Cons

    They have vending machines for sodas, sports drinks, juices, and snacks. The cost of these items range from 30 cents to 1 dollar. I know that's fairly cheap but it would be nice if it was free like the coffee and tea.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Los Angeles, CA
    Current Employee - Analyst in Los Angeles, CA

    I have been working at LowerMyBills full-time for more than 5 years

    Pros

    Fun environment, Lots of great company activities, great benefits, good place to start a career and learn about online marketing, great pay

    Cons

    limited growth opportunity, No direct path to career development, Management has an Open Door Policy to discuss issues but rarely fix them,

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Great People Working on Awful Products Really Well

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LowerMyBills full-time for more than a year

    Pros

    Amazing culture of openness, comradarie and encouraged curiosity. Most everyone is friends with one another and this friendship transcends company walls. The company has an open bar box at the Staples Center too which is a lot of fun. Lots of great company activities too.

    The management team has honestly cares about the employees growth and development -- even Steve! (the CEO). Very open and collaborative in this sense. All ideas are valued and vetted.

    Cons

    The monitors are way too small. dual 19"s. Seriously this isn't 1999 anymore... Also, unnecessary IT restrictions (can't install CounterStrike or iTunes) make me feel like I'm in the 5th grade (that said, the game room is excellent).

    Super heavy clock-watch culture also. In at 9 and out by 7 (granted, there is an opaque unlimited vacation policy).

    Advice to ManagementAdvice

    BIGGER MONITORS! And let us install video games so we can have LAN parties after hours :)

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good benefits, experience really depends on who/where you are in the company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at LowerMyBills full-time for more than 3 years

    Pros

    Benefits are pretty good, fun work environment.

    Cons

    Many managers chosen by being good at what they do and not being good at managing people. , lack of transparency, company use to be very flat and has gone the opposite way. This has a created a very Top down company. Number of VPs went from 2 to over 8 in 6 months time.

    Advice to ManagementAdvice

    I really prefer the flat, all inclusive feel LMB use to have during the Experian days. These days the organization into a top down, more selective (need to know) basis. In addition, there is no standardized policy regarding employee development/mentoring: some managers do a wonderful job and other do little more than distribute daily work tasks.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to start your career; focus is strong on growth and development.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at LowerMyBills full-time for more than 3 years

    Pros

    Fast paced, ever evolving environment. Great people! A lot of money is dedicated to training and developing their employees. Community Service program is definitely a pro.

    Cons

    Management is weak on skill training - ie how to manage people. Lack of clear communication from the top down. Too much secrecy for a company whose credo includes "Transparency". Favoritism is strong; if you don't follow the traditonal path and are seen as 'different' it's a tough place to work.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at LowerMyBills

    Pros

    Great culture, great benefits, smart people. This is a group of people who work hard and dont settle for average. Very analytical group of employees.

    Cons

    The org is a bit flat. While the strong survive sometimes the average can linger

    Recommends
    Approves of CEO
  8.  

    Early company yeah! Experian...not so much

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Project Manager  in  Los Angeles, CA
    Former Employee - Project Manager in Los Angeles, CA

    I worked at LowerMyBills

    Pros

    Had the best manager, and worked in the best vertical (Home Lending) while I worked there. Everyone really knew what they were doing and was extremely helpful. I would quit my job now and go back to work for them in a heartbeat if it were the same company.

    Cons

    Sadly, after Matt left and Experian moved in, I am not sure that they know how to run a company or provide leadership. Combine that with 2 completely botched layoffs... Now they are only a shell of the company that they once were.

    Advice to ManagementAdvice

    Matt Coffin and Stephen were extremely competent leaders... I cannot say the same for Experian.

    Recommends
    Approves of CEO
  9.  

    Was a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Director  in  Santa Monica, CA
    Former Employee - Director in Santa Monica, CA

    I worked at LowerMyBills

    Pros

    Benifits and Bonuses were good.

    Cons

    Tech Management was lost and needed to be more cohesive.

    Advice to ManagementAdvice

    Figure out how to make a team environment.

    No opinion of CEO
  10. 1 person found this helpful  

    Online Marketing U.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Santa Monica, CA
    Former Employee - Anonymous Employee in Santa Monica, CA

    I worked at LowerMyBills

    Pros

    It has been an amazing place to learn and refine online marketing skills. The team is super smart and very talented. I have learned a ton while working there.

    Cons

    Recent cost-cutting/removal of perks because lots of our lenders are going out of business. There have been several reorganizations since Experian took control. It gets harder to identify the old LMB culture every day.

    Advice to ManagementAdvice

    Try to keep some of the old LowerMyBills culture while integrating with Experian.

    Recommends
    Approves of CEO
  11.  

    the glory days 2003-2006

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at LowerMyBills full-time for more than 3 years

    Pros

    entreprenuerial, spirited, extremely educational, network of A+ talent

    Cons

    greedy upper management looking for exit strategy, was willing to cheat clients out of money in order to meet revenue targets for bonus payouts.

    Recommends
    Neutral Outlook
    No opinion of CEO

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