What is the hiring process like at NewDay USA?

The hiring process was pretty long, but I’m very grateful for the opportunity. Been with a company for over a year and And excelling farther than I ever thought I could at my age. Can’t wait to see what the next New Year’s.

Relocate to West Palm Beach, Florida. But …I don’t think that’s a negative.

I have been blessed working at NewDay. Prior to my employment here, I hustled and worked miscellaneous jobs such as a server or valet. NewDay was the first company to give me a real shot and make a name for myself in the financial industry. I am forever thankful.

The hiring process was long. Went through 3 interviews and a 3 week waiting period.

Company sponsored breakfast and lunches

Stupid crazy hours. 11 hour days. Zero work life balance. The owner Rob Posner is a dictator. Interview process is crazy. They string you along all day. They want to test you to see if you have patience.Narcissistic mind games. The questions they ask during the interview should be illegal.

Meeting kids your age that you can party with after work.

This company will work you like a slave and then let you go faster than you can imagine. Why do you think they are constantly hiring? Because they trick people into thinking it’s a great company where you can have so much success and help veterans. Straight BS. They take advantage of veterans just to make more commission and collect a fat check every month. No one here gives a single crap about veterans. They’re all there to get their money up and to hit the town to drink and do drugs after they clock out. Don’t let these reviews fool you. When you’re a new hire, they make you come on this page to write 2 pros and 1 con so that way their ratings can look somewhat good.

Most reviews on here are either fake or forced by upper management for NEW HIRES that get entered for a gift card - woooooo. Don't forget to SOI so they can replace you 3-6 months later! No job security. Like many others, dedicated my time and efforts to this company for almost 4 years of my professional career and regret every second spent working here. Worked in Account Executive, Processor and Underwriter roles. PROS: Paid training (mediocre at best) and paid licensure, company parties, good starter job but get out as fast as you can... you will meet a few friends along the way. As many other reviews have pointed out "misery loves company". You will leave with thicker skin and a clear vision of what you DON'T want in a future employer.

CONS: buckle up people... Extremely Young Atmosphere - glorified frat house, managed by children (it's actually laughable to think about an Assistant Vice President being 25 years old...) The egos that make up "leadership" for this company are a joke as they would all flounder in any other legit corporate environment. Very few of these people are actual leaders. Terrible Work/Life Balance - excessive turnover rate speaks for itself... taking advantage of new college grads or other desperate young professionals. Started in January 2020 and was last person remaining in training class of over 40+ Account Executives by December 2020. You are just a #, THEY DO NOT CARE ABOUT YOU. In order to make a "livable wage", you'll be expected to work excessive OT while also being scolded for doing so. It's an HOURLY position, not salary. They will lie to you when you are hired. They can and WILL cut your hourly wages with no warning as everyone is an "at will" employee. Hard work does not pay off here... unless you sip the Kool-Aid, don't even bother with seeking a promotion or leadership role. Nepotism reigns high with this company as promotions are not equitable to experience (ex: accusations of drugging new employees will result in a slap on the wrist and you'll be promoted in no time). Scamming Veterans - You will constantly be questioning whether you are scamming veterans..... and that gut feeling is right. Admiral Lynch should be ashamed to represent this company, but will continue to collect a paycheck. The reviews online from veterans are either 1. FAKE (obvious that scathing reviews are removed by NewDay customer relations team) or 2. FORCED (taking advantage of veterans that are in so much debt that they are desperate for help , begging them for a good review after they are rushed thru the process before they find out that the refinance put them in a worse position). Employee Benefits - terrible benefit package and once again taking advantage of new college grads that have no idea what documents they are signing DAY 1. Health, Dental, Vision, Life and 401K are all mediocre at best. Mental Health - you will enter this new opportunity bright-eyed and excited to make a difference in the lives of veterans... you'll leave questioning your own moral compass and overall purpose. My advice is save yourself the overwhelming anxiety as this place is not worth it. Trust me, go find a job ANYWHERE ELSE.

Been with NewDay for about a year and have had a very positive experience. I appreciate the time they put into training new hires, and enjoy going out with the team to volunteer. I enjoy helping veterans.

I wish they would do more volunteer events!

Fun work environment, good training

Expected to be a part of the recruiting process for no reason