Sallie Mae Reviews

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  • Reston, VA
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3.8
15 Reviews
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John (Jack) F. Remondi
3 Ratings

15 Employee Reviews

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  1. Challenging work and opportunity to learn and grow.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Programmer Analyst in Reston, VA
    Current Employee - Programmer Analyst in Reston, VA

    I have been working at Sallie Mae full-time (more than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Plenty chances to take onsite courses to learn new skills. Professional work culture. Opportunities for advancement. Great benefits from flextime, telecommute options, health care, stock option and stock purchase programs.

    Cons

    Movement of training department from VA to IN decreased the training opportunities for VA employees. Possible because Sallie Mae purchased a company in IN and that company's management became a majority in Sallie Mae management.
    Movement of headquarters from VA to newly acquired office in DE caused a smaller VA office when it led to layoffs. Management of company in DE became a majority in Sallie Mae management. The move was also possibly because VA politicians voted for the Federal Government to service federal loans instead of Sallie Mae. These loans were very profitable for Sallie Mae.

    Advice to Management

    Show a commitment to VA headquarters to improve their morale.

  2. Great job security and long term prospects.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Technical Analyst in Reston, VA
    Former Employee - Technical Analyst in Reston, VA

    I worked at Sallie Mae full-time (more than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    More Paid Time Off than the average US firm.
    Loved the steady pace (not too fast, not too slow), but there was the occasional urgency to fix production bugs.

    Cons

    Medical Insurance deductible was a little bit higher.
    Only officer level and up got bonuses.
    New technology investments are slower than the average tech company.
    I got shaken loose from them as we were asked to relocate and our unit would eventually shutdown.

    Advice to Management

    For the 2 years, I had been there, I think the following improvements can be made:
    Be flexible to change policies and procedures and value employees more.
    Add code quality processes and improve employee review processes.
    Don't add new positions to solve a problem. - I felt that Sallie Mae was bloated and fat after making several acquisitions.

  3. Overall, it WAS a great company to work but it's has changed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Reston, VA
    Former Employee - Vice President in Reston, VA

    I worked at Sallie Mae full-time (more than 10 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    If you want to be a part of a well organized traditional company than this a the perfect place for you. The corporate structure is sound and extremely well run.The work environment is fair and there is a good sense of work-life balance.

    Cons

    This is a fairly large organization and with that comes certain levels of bureaucracy. Layoffs and reorganizations are not uncommon. Senior management has is a sense of detachment. There is very little career development. All things considered, these are the traits of a traditional large company.

    Advice to Management

    Concentrate as much on the end customer as you do on your shareholders.

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  5. Helpful (1)

    Well run

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Reston, VA
    Former Employee - Analyst in Reston, VA

    I worked at Sallie Mae full-time (more than 3 years)

    Pros

    I worked for Sallie Mae for almost four years back when headquarters were located in Reston. At the time, the company offered a very flexible work-life balance, with the option to work from home as needed and casual Fridays. Sallie Mae was a well managed, organized, and structured place to work despite the constant grappling that occurred with the federal government over the student loan business. The best part about going into work everyday were the people. Most people I worked with were incredibly genuine, down to earth, and efficient in their roles. It was never a very stressful environment even though the company went through some rollercoaster rides during my time there.

    Cons

    There is no real performance management that takes place at Sallie Mae and people are given promotions based on popularity. There seemed to be little innovation within the groups I worked for.

  6. Good Start

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

    I have been working at Sallie Mae full-time (more than 3 years)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Nice facilities, lots of lateral movement, good work/life balance

    Cons

    Stagnant, limited upward mobility. Pay.

  7. Helpful (1)

    Great Work-Life balance, nice colleagues

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Reston, VA
    Current Employee - Anonymous Employee in Reston, VA

    I have been working at Sallie Mae

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Nice work-life balance, flexible schedule. Nice coworkers to work with, they're willing to help you with company knowledge. Great benefits and time-off.

    Cons

    Management is all over the place. Not a strong leadership and some execution of employee relocation was underestimated. Not much better salary wise compared to other financial companies.

    Advice to Management

    listen more to employees. Incorporate more employee's inputs to management decision. Be more thoughtful about annual raise compared to Executive/Officer's annual raise.

  8. Great until culture starting changing mid 2010

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Reston, VA
    Current Employee - Manager in Reston, VA

    I have been working at Sallie Mae

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The benefits are decent.
    Depending on your supervisor, work life balance is good.

    Cons

    Senior Management decisions are sketchy and don't appear to be in the best interest of the company or shareholders.

  9. Once was a great place to work...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Marketing in Reston, VA
    Current Employee - Marketing in Reston, VA

    I have been working at Sallie Mae

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great work-life balance and great people.

    Cons

    Poor communication from executive management, instability and constant change that is mis-managed and very disruptive to productivity. HQ move from Reston to DE has eliminated possibility of growing/continuing career in this area.

    Advice to Management

    Senior/executive leadership needs better communication amongst each other.

  10. Expect possible layoffs and lots of office politics.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Analyst in Reston, VA
    Former Employee - Financial Analyst in Reston, VA

    I worked at Sallie Mae

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Decent benefits and compensation. Some promotional opportunities if you are willing to give up a lot personal family time (probably not a big issue if you are single).

    Cons

    Very political atmosphere. Really need a mentor (someone in your senior management chain who likes you and appreciates your work) to have the best opportunities for advancement. People who just work hard and try to do their job (but don't really play office politics) are often not rewarded.

    Advice to Management

    Take steps to eliminate the "boys club" atmosphere. Too many people are promoted based on who they know, or who they are friends with in senior management, instead of their contributions to the organization.

  11. Good and Bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Reston, VA
    Current Employee - Anonymous Employee in Reston, VA

    I have been working at Sallie Mae

    No opinion of CEO
    No opinion of CEO

    Pros

    Good reputation company. Good pay and benefits. Nice work environment. Company has a fitness center in the building!

    Cons

    If you want promotion, you need to tell your boss otherwise your boss won't promote you automatically.

    Advice to Management

    The upper mgmt ppl need to pay more attention on the non-mgmt level staffs too. They all work hard. Without their support, the mgmt level ppl won't be success. They (non director level staffs) should be recognized more.

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