Select Portfolio Servicing

www.spservicing.com

Select Portfolio Servicing Reviews

Updated January 20, 2015
Updated January 20, 2015
38 Reviews
2.0
38 Reviews
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Tim O'Brien
22 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Changed departments multiple times in 6 months.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loss Mitigation MHA Single Point of Contact in Salt Lake City, UT
    Current Employee - Loss Mitigation MHA Single Point of Contact in Salt Lake City, UT

    I have been working at Select Portfolio Servicing full-time (less than an year)

    Pros

    Friendly Environment, younger aged employees.

    Cons

    benefits, promotions, training when moving departments.

    Advice to ManagementAdvice

    Moving someone multiple times and then having them meet or exceed that new departments goals was unattainable. There are many people who go in every day giving 150% and not acheiving bonuses, or promotions and those are the people who should be recognized, not the cheaters.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Non-stop work, high stress.

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

    I worked at Select Portfolio Servicing full-time (more than an year)

    Pros

    Good benefits, and a paycheck.

    Cons

    Competitive workforce, slim chance of upward mobility, pay is from the stone age.

    Advice to ManagementAdvice

    Hire educated management and stop promoting high school educated people from within, advanced degrees exist for a reason.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Overall good. Could use improvement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loss Mitigation MHA Single Point of Contact in Salt Lake City, UT
    Current Employee - Loss Mitigation MHA Single Point of Contact in Salt Lake City, UT

    I have been working at Select Portfolio Servicing full-time (more than an year)

    Pros

    They really try and take care of you here. You will get what you put into the company.

    Cons

    favoritism in management and unqualified management. Also there is a lot of office politics due to management having affairs amongst each other.

    Advice to ManagementAdvice

    clean up the lower level management.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Sweat Shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Supervisors in Salt Lake City, UT
    Current Employee - Supervisors in Salt Lake City, UT

    I have been working at Select Portfolio Servicing full-time (more than 3 years)

    Pros

    Decent pay to start, but raises are horrible even with a very good year end review.

    Cons

    Bad insurance. Horrible management who demean their employees and are unprofessional. Cut throat/cold hearted co. Lots of favortism given to certain employees. Outsources anything and everything to India. Constant threats of your job being outsourced. High stress and they expect your job to be your life. Dont expect a good work/life balance.

    Advice to ManagementAdvice

    Create a better work environment. Stop outsourcing American jobs and expect your employees to support it. They do a horrible job, and we have to fix their errors. Give a choice on insurance options. Stop letting managers break company rules just because they are in management.

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

    Sweat Shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Doc Control in Salt Lake City, UT
    Former Employee - Doc Control in Salt Lake City, UT

    I worked at Select Portfolio Servicing full-time (less than an year)

    Pros

    Pay, location, commute, security, close to state street

    Cons

    Work and life balance, policies, work environment, stressful, horrible training on the job, parking, cleanliness, smell

    Advice to ManagementAdvice

    Quit overworking your employees, show more appreciation

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Great place to learn.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst in Salt Lake City, UT
    Current Employee - Financial Analyst in Salt Lake City, UT

    I have been working at Select Portfolio Servicing full-time (more than 5 years)

    Pros

    Flexible schedule, tuition reimbursement, learning opportunities if you want from management that is open to employees at all levels. Great work life balance environment to work in.

    Cons

    Once you understand your job it's the same every month and can get boring, you can ask for extra but depending on your manager sometimes it's just boring busy work. It pays to make the right relationships there.

    Advice to ManagementAdvice

    Pay attention to hard workers and reward them so they don't leave after they have gained experience.

    Positive Outlook
    Approves of CEO
  8.  

    Boring, micro-managed experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Escrow Specialist II in Salt Lake City, UT
    Former Employee - Escrow Specialist II in Salt Lake City, UT

    I worked at Select Portfolio Servicing full-time (less than an year)

    Pros

    Good hours, central location, to be honest the job was easy. Seems to be a company with promise.

    Cons

    Poor, unprofessional management. It seems you get promoted just for sticking around long enough, not because you have leadership or skills. Management is very 'do as I say, not as I do'. Not enough work, horrible benefits, high-school atmosphere.

    Advice to ManagementAdvice

    Hire managers that have skills and know how to lead, or promote people who do, not just people who have been around long enough.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9.  

    Unorganized sweat shop....don't go there !!!!

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

    I worked at Select Portfolio Servicing full-time (less than an year)

    Pros

    Pay was decent with an onsite, unstaffed exercise facility.

    Cons

    Incentives are difficult to obtain, no
    Attendance policy does not allow more than 2 people to take time off per department per day and is designed to keep you with occurrences.
    Medical benefits not that good ...high deductible plan is your only option.
    Supervisors are treated as high level reps..... with no authority or empowerment

    Advice to ManagementAdvice

    Stop making idle promises

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Unprofessional High School Atmosphere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loss Mitigation in Salt Lake City, UT
    Former Employee - Loss Mitigation in Salt Lake City, UT

    I worked at Select Portfolio Servicing full-time (less than an year)

    Pros

    Pay is decent compared to their competitors (other call canters) and it is very easy to get hired.

    Cons

    Building is very run down and in a scary area. The work environment is hostile due to employees with seniority essentially hazing new employees. A lot of high school drama, and employees being very open about sleeping with each other and trading sexual favors for promotions.

    Advice to ManagementAdvice

    Be a little bit more selective of who you hire and get a new building.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    good benefits and pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter in Salt Lake City, UT
    Current Employee - Underwriter in Salt Lake City, UT

    I have been working at Select Portfolio Servicing full-time (less than an year)

    Pros

    stable, good pay with benefits, structured schedule

    Cons

    at times it can get stressful when you're team is under time constraints to finish projects, but the stress is still less than other jobs

    Advice to ManagementAdvice

    increase the pay with experience

    Recommends
    Positive Outlook
    Approves of CEO

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