Altisource Reviews | Glassdoor

Altisource Reviews

Updated November 13, 2017
251 reviews

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Altisource CEO William B. Shepro
William B. Shepro
126 Ratings

251 Employee Reviews

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Pros
Cons
  • No work life balance (Flexibility is a curse in disguise) (in 48 reviews)

  • Anytime Firing, No Work Life Balance, (in 23 reviews)

More Pros and Cons

  1. Helpful (7)

    "horrible place to be if you want to learn and further develop your career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Atlanta, GA
    Current Employee - Analyst in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Altisource full-time (Less than a year)

    Pros

    - Decent benefits
    - Nice people
    - Flexible workload

    Cons

    - Do not provide challenges to keep smart/good employees around
    - Lot of politics, management have their favoirtes
    - No transpanrecy
    - Management doesn't understand the business they manage and does not take any ideas from people under them
    - Do not hire the right people for the job. Do not understand the concept that hire over qualified people will be a problem in the future because they do not have enough challenges to keep them around
    - Do not encourage employyees to take initiatives. They rather have a button pusher vs a game changer.
    - With horrible leaderships and wrong people/resources Altisource tend to poorly execute new programs

    Advice to Management

    Hire the right leaders, and provide them with the right resources to execute business plans. Provide your employees with enough challenges to help them develop and keep them around.


  2. Helpful (4)

    "HR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Network Systems and Data Communications Analyst in Atlanta, GA
    Former Employee - Network Systems and Data Communications Analyst in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (Less than a year)

    Pros

    Some good people in terms of colleagues

    Cons

    Bad HR and IT. The HR never answers your calls and be busy with parties all the time. they lack serious professionalism. QA management is arrogant and disrespectful. lack of integrity and lack of judgment. she listens to one person and makes up her mind. Doesn't think to listen to the other side of the story. highly unlikable from other colleagues

    Advice to Management

    change management and bring in humble and qualified people

  3. Helpful (7)

    "I would suggest you run!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Saint Louis, MO
    Former Employee - Analyst in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (Less than a year)

    Pros

    The company has made some recent strides in trying to make the environment more worker friendly - but it is still missing the fundamentals in making the environment one in which challenges employees to express their thoughts and respects employees for their contributions -

    Cons

    Most of the day to day operating decisions are made off shore in India by people that have very little practical knowledge related to the valuing of US properties and or servicing the needs of US based financial institutions consequently their decisions adversely impact their ability to grow the business - quality takes the back seat to production so most major financial institutions tend to discount Altisource as a credible vendor

    Advice to Management

    Your thinking is incredibly myopic - the level of incompetence by mid level managers is holding you back from achieving your goals - you are in a service business - you have to be able to compete on quality of deliverables - otherwise you cannot grow your business - even the best delivered corporate objectives and visions by senior management cannot be attained without competent local managers that are motivated to not make waves and are satisfied with the status quo - and you need to compensate people in accordance with performance


  4. Helpful (10)

    "Leadership is controlling and lacks direction"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time

    Pros

    Nice office space, decent coworkers

    Cons

    Executive team is terrible to employees


  5. Helpful (6)

    "Goofy Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (Less than a year)

    Pros

    Regular pay check and pto.

    Cons

    Management appears to be clueless. Tends poorly execute new programs.

    Advice to Management

    Management show take time to understand real estate.


  6. Helpful (8)

    "Play with the devil, Sleep in his home"

    StarStarStarStarStar
    Former Employee - Assistant Manager
    Former Employee - Assistant Manager
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Altisource full-time (More than 3 years)

    Pros

    none, note no 1 star ratings, Zero good to say about this place.

    Cons

    After loosing there biggest business contract due to defrauding american homeowners, they fired all american developers and outsourced to india.

    Advice to Management

    Pray


  7. Helpful (13)

    "Horrible Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Compliance Manager in Atlanta, GA
    Current Employee - Compliance Manager in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than a year)

    Pros

    The Pay is ok, but that's about it

    Cons

    Terrible management. I'm actually in a position that shouldn't be hard or stressful; however, upper management is generally unqualified for their positions (they were basically hired because they knew someone). Further, if you challenge upper management and let them know that you you're not just a worker bee and you're actually educated with degreeS (yes, multiple), they get intimidated and figure out a way to push you out of the door quickly. The company (at least my business unit) also has some unethical ways of doing business, which really make me feel as though I am compromising my integrity.

    Advice to Management

    Find jobs that you are better suited for and get out of your feelings when someone below you doesn't fold at your every demand.

  8. Helpful (12)

    "Sinking Ship - Jump While You Can"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Developer in Westminster, CO
    Current Employee - Developer in Westminster, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than a year)

    Pros

    Before the debacle with Ocwen, there was some positive direction with solid momentum towards diversification. Even though the building was shaky, one could sense the presence of steady progress.

    Cons

    Since the stock drop, Altisource has ceased any efforts for long term sustainability, entering a state of hibernation. Downsizing wherever they can without regard for the consequences. The leadership is scattered and unfocused, seeking only immediate gains to postpone the inevitable fall.

    A starving giant, cutting off it's arms and legs to reduce it's calorie consumption, delaying it's ultimate demise.

    Advice to Management

    Brush up your resumes.


  9. Helpful (10)

    "Big Words, No Action"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Atlanta, GA
    Current Employee - Manager in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Altisource full-time (More than a year)

    Pros

    Make lots of promises, thats it. Noone acts on those.

    Cons

    This is a typical example of big words and no action. When I joined, there were so big promises, was told there is new blood, which will transform the company, but having spent a year I see all are big talks.
    My work – was promised so much by the recruiter, in reality peanuts compared to it. No challenge, manager not interested – everyone seems to be busy making their resumes.
    HR – the less said the better. I doubt if HR exists – yes we do see them at times to create some noise and make some more promises – none fulfilled. If you look at the promises made by the leaders Altisource should have been the best employer but then comes reality. Its so easy to talk and difficult to act.
    I made a mistake by joining here, strongly advise – you will hear lots of big things, how the company is changing everything – all these led by HR, but these are hollow talks, nothing exists in reality. Don’t fall for it.

    Advice to Management

    Get down to some action. Get rid of those who only promise, shut down HR and get some doers.

    Altisource Response

    Jul 8, 2017 – VP of HR

    I would love to connect with you and share a significant number of changes that have happened over the last 18 months. What this review tells me is we aren't doing a good enough job sharing those... More


  10. Helpful (4)

    "Long Hours"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Reo in Richmond, VA
    Former Employee - Reo in Richmond, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Altisource full-time (Less than a year)

    Pros

    Paid on time every other week

    Cons

    Work long hours to keep up with intense work flow

    Advice to Management

    Respect your team

    Altisource Response

    Jul 8, 2017 – VP of HR

    I am sorry you didn't feel your Manager respected you. Had you brought this to HR's attention? If not, don't hesitate to email me at bwilkins@altisource.com

    Bradford Wilkins
    Vice President... More


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