Parkside Lending

  www.parksidelending.com
  www.parksidelending.com

Parkside Lending Reviews

Updated December 16, 2014
Updated December 16, 2014
10 Reviews
2.5
10 Reviews
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Recommend to a friend
Approve of CEO
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Matthew J. Ostrander
5 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    Parkside Lending is a work in progress, not sure if it's good.

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

    I worked at Parkside Lending full-time (more than an year)

    Pros

    Promises of open communication, ability to contribute to future growth sounded great.

    Cons

    It only worked if you were part of the "in crowd" of original employees. Those hired after a certain point were treated like 2nd class citizens.

    Advice to ManagementAdvice

    Stop the politics and appreciate the true talent that you have before there all gone.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    It's not you, it's them.

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

    I worked at Parkside Lending full-time (more than 3 years)

    Pros

    Many co-workers are great, smart people who really care about their work output.

    Cons

    I advise you document everything while working here - today's darling is tomorrow's scapegoat. Potentially litigious behavior is tolerated from the darlings while they last. Majority of management is painfully unprofessional and even devious in their dealings with staff. While management is clearly skilled, as evidenced by ability to manage up and across, most of them have no apparent interest, or remaining energy to manage the people who look to them as supervisors. I was not fired from this job.

    Advice to ManagementAdvice

    Therapy.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    A company that rewards management for climbing over others for personal gain.

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

    I worked at Parkside Lending full-time (more than an year)

    Pros

    If you're a manager, get ready to sit back and collect your paycheck. All you need to get ahead are: Be a yes-man, know how to place blame on others and be very vague about what it is you actually do.

    Cons

    If you're not in a management position, sorry. Get out while you still can. There are numerous cases of harassment, discrimination and wrongful write-ups that will never get resolved because the HR at this company barely exists. Senior employees who have stuck it out with this company for many years will never have the chance to move up because the revolving-door of managers are very secretive and paranoid about their own sweet-seats. The pay will never be worth it because the understaffing (to save budget) causes everyone to be over-worked until they quit and get replaced by another expendable body.

    Advice to ManagementAdvice

    This company needs to take a long, hard look at their internal affairs if they ever want to be successful. Massive layoffs every few years is not the answer to balancing the books, especially not when items such as high-expense events for management are still in the budget. My suggestion is to really listen to your staff, stop building layers of management and reward those who have shown real dedication and good work ethic. If you build a staff and work to gain their trust, you won't have such a huge problem with over-worked staff. Remember, happy employees means a successful business.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    HORRIBLE!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Parkside Lending full-time (more than 5 years)

    Pros

    There are no pros for this company.

    Cons

    Mid to upper management lacks respect for staff.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Bad Management

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

    I worked at Parkside Lending full-time

    Pros

    breakfast and lunch provided weekly

    Cons

    Since management has meetings everyday you are left to do your job, but you have to wait to go over anything with management and that at times can take days. To top it off they cannot make their own decisions and have to go to other managers or outside the company to make a decision.

    Doesn't Recommend
    Approves of CEO
  7. 1 person found this helpful  

    Get some experience and get out

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

    I worked at Parkside Lending full-time (more than an year)

    Pros

    - Company isn't too large
    - Free breakfast on Mondays, lunch on Wednesdays
    - Friendly people, good culture
    - Good work/life balance if you make it that way

    Cons

    - Very low compensation
    - Rigid raise structure, only 1% to 3%
    - Little room for growth, promotions rare, come with little to no pay increase
    - Upper management has no appreciation of workers

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Paid the bills but no real experience gained

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

    I worked at Parkside Lending full-time (less than an year)

    Pros

    - mortgage company run like a start up (perks ie free lunches, free breakfast, work from home days)
    - great work life balance
    - transportation was easy

    Cons

    - most coworkers were jaded members of the 2007 housing crash
    - no real room for growth

    Advice to ManagementAdvice

    Some more potential revenue sharing would be great. Provide more opportunity for growth even with non-sales employees

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

    Funding Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Funding Coordinator in San Francisco, CA
    Former Employee - Funding Coordinator in San Francisco, CA

    I worked at Parkside Lending full-time (more than an year)

    Pros

    They feed you lunch on Wednesdays.

    Cons

    Top heavy company. There is no employee appreciation what so ever and the pay is bad if you aren't management. 1% raises are the norm around there. Management thanks you for doing a good job by giving you more responsibilities without a change in title or pay. Well, you may get a new title, but that does not mean you get a pay increase. Do not think of Parkside as a place to grow as they do not believe in career development. They will use you until you burn out and then replace you. I did not grow professionally while I was there and I learned nothing but how to be patient while looking for another job.

    Advice to ManagementAdvice

    Treat your employees better and give them more than a 1% raise each year. Upper management should keep their employees in the loop and not in the dark. There is no such thing as a career at Parkside as management will never promote from within.

    Doesn't Recommend
    Neutral Outlook
  10. 2 people found this helpful  

    Good jumping off point

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

    I have been working at Parkside Lending

    Pros

    Relaxed Environment, Good Location, Great opportunity to get started and then move to another company, but not many opportunities exist for advancement within.

    Cons

    Unprofessional Management, The companies small but rapidly growing size lends to it's laid back environment but also unfortunately to unprofessional behavior and power play politics. There are little to few operational protocols though they are slowly being developed.

    Advice to ManagementAdvice

    Management could take some time to gather feedback from employees regarding the direction the company is moving

    Doesn't Recommend
  11.  

    This company is the exception to the rule!

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

    I have been working at Parkside Lending

    Pros

    Parkside Lending has an exceptional company culture - it's casual and yet very professional. Employees are treated with respect and their ideas and opinions are valued whenever upper management is determining a course of action for the company. As as employee at this company, you feel the immediate impact of your work on the company's growth and success. They have a great work/life balance and always make sure that not only are their employees delivering exceptional service, but that they are doing it in a fun and rewarding environment.

    Cons

    We are a growing company and have begun to hit capacity in our current space, so, at times, we are a little cramped. Other than that, I don't see any downsides.

    Recommends

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