Paramount Equity

  www.paramountequity.com
  www.paramountequity.com
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Paramount Equity Reviews

Updated September 10, 2014
Updated September 10, 2014
23 Reviews
3.4
23 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Matt Dawson
1 Rating

Employee Reviews

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  1.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Specialist  in  Roseville, CA
    Former Employee - Financial Specialist in Roseville, CA

    I worked at Paramount Equity full-time for more than a year

    Pros

    Great culture. Fun leaders. Fun atmosphere.

    Cons

    100% commission based salary but get a small draw to start during training.

    Advice to ManagementAdvice

    Keep it up!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Company is a mess

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager  in  Roseville, CA
    Former Employee - Manager in Roseville, CA

    I worked at Paramount Equity full-time for more than a year

    Pros

    younger (20-40s) professionals and upbeat culture with perks like catered lunches, social events like holiday party, great location

    Cons

    Poor management, internal structure is amateur without proper IT and systems support for company. Their technology is archaic at best and they don't see the need to invest. Poorly executed projects without proper QA process causes things to consistently fail due to scalability limitations and system conflicts.. Wrong people in management, basically the bosses friends get promoted regardless if they are qualified then they massage the numbers to look like rockstars, jump ship to a reputable company before they are exposed. Cut throat industry where in-fighting within departments causes tension not teamwork. Overall this was an awful place to work, check employee reviews they are mostly poor. Only gave 2 stars because they paid me okay but the benefits plan sucks. No 401k match at all?!?! Nothing, nada and hopefully you only need medical for yourself otherwise half your paycheck is gone for family medical.

    Advice to ManagementAdvice

    Bring in some MBA's who actually know how to run a company efficiently, pay attention to the finer details of your c-level exec team and scrutinize and you will be surprised how much the wool is being pulled. Demand straight answers to things that seem shady, trust me - they are!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Not what it once was

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Specialist  in  Roseville, CA
    Former Employee - Financial Specialist in Roseville, CA

    I worked at Paramount Equity full-time for more than a year

    Pros

    Work with great people. You can always get help when you need it.

    Cons

    Recent changes in marketing efforts and combining Paramount with PEM Direct has led to low quality leads

    Advice to ManagementAdvice

    Go back to radio and direct mail marketing.

    Doesn't Recommend
    Negative Outlook
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  5.  

    Great place to get your feet wet in the mortgage industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Specialist  in  Roseville, CA
    Former Employee - Financial Specialist in Roseville, CA

    I worked at Paramount Equity full-time for more than a year

    Pros

    Training, support, warm leads, industry name recognition. Amazing corporate culture and entrepreneurial spirit from team members.

    Cons

    Comp plan needs to be more competitive. Once you get more established you soon realize you can do better elsewhere and have more freedom.

    Advice to ManagementAdvice

    Do a better job to retain top producers. A profit sharing plan for employees would be conducive to reducing high turnover and truly creating a vested interest to keep top performing employees happy and on board for the long haul.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Not worth the headache.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Savings Specialist  in  Rancho Cordova, CA
    Former Employee - Loan Savings Specialist in Rancho Cordova, CA

    I worked at Paramount Equity full-time for less than a year

    Pros

    None. I would only recommend the position if it was your last resort.

    Cons

    Long hours, poor compensation, management that does not care about you, and bad work-life balance.

    Advice to ManagementAdvice

    Provide normal hours to LSS associates and opportunities for advancement,

    Doesn't Recommend
    Negative Outlook
  7. 1 person found this helpful  

    Financial Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Specialist  in  Roseville, CA
    Former Employee - Financial Specialist in Roseville, CA

    I worked at Paramount Equity full-time for more than a year

    Pros

    Leads Provided to Financial Specialist

    Cons

    Higher than normal interest rates and fees charged to borrower

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Visionary, but lacking in execution.

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

    I worked at Paramount Equity

    Pros

    Great environment to work in, friendly and relaxed.

    Cons

    Leadership issues result in hardware and software implementation problems. Chain of command can be skewed.

    Advice to ManagementAdvice

    Grow a spine.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Okay place to work without much room to grow

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

    I worked at Paramount Equity full-time for more than 3 years

    Pros

    Great place to work when I first started but it transitioned quickly into a not so great place. I hit my glass ceiling and was not able to move anywhere.

    Cons

    Management was awful. Not experienced in management or sales which made it much worse. Sales meetings were not ever what they should have been and everyone always left feeling worse and not motivated to do anything.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Ambitious but thoughtful employers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Lead Qualifier  in  Rancho Cordova, CA
    Former Employee - Lead Qualifier in Rancho Cordova, CA

    I worked at Paramount Equity full-time for less than a year

    Pros

    Good opportunity for growth, competitive but supportive workplace.

    Cons

    High turnover rate, sometimes unrealistic expectations.

    Advice to ManagementAdvice

    Give lower level staff a bit more opportunity to succeed

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful  

    AMAZING

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Solar Consultant  in  Sacramento, CA
    Current Employee - Solar Consultant in Sacramento, CA

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

    Pros

    All around great company to work for. Has great leadership and drive to be the best. Growth potential is always there

    Cons

    I really haven't had any bad experiences here, everything is great and there is nothing wrong with the company.

    Recommends
    Positive Outlook

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