Atlantic Bay Mortgage Group Reviews

Cons

They hit a snag with technology a couple years back, but as I was leaving they were making huge corrective strides around that dept.

Cons

Nothing as of yet and I have been with them over a year.

Cons

Remote culture is still developing - a bit of an "us" versus "them" mentality.

Cons

I’ve never seen a company stray so much from its core values. Brian is a great guy but Stan has a very spastic method of doing things and it’s showing. Nobody feels safe anymore. Departments lay everyone off and then start hiring again. People are misled, undervalued, and underpaid. Free snacks don’t make up for what has happened there.

Cons

PTO is pretty limited and in the first year or two.

Cons

There are none! I really cannot think of anything negative.

Cons

Communication could be better between departments, but this has been improving!

Cons

Honestly, this department was always fairly disorganized. I have had multiple managers in my time here and have lived through many layoffs. This clearly makes people distrusting and uncomfortable. Many of us are looking for other jobs because we don't want to be here anymore.

But more than the layoffs, they've stripped the department of all leadership. I'm pretty green (and also not that expensive of an employee). Anyone who had a lot of experience (and probably made a higher salary) they laid off in one round or another. I don't have anyone to learn from anymore at all. We're doing boring projects. There's nothing cool to work on. Basically all the reasons (and most of the people) that I came here for are gone. If you want to just do repetitive, tedious work, then this Marketing department is for you.

Cons

Pay was horrible
Upper management had NO strategy / and when they did come up with one they changed their minds and wasted employee's time and energy.
Large layoffs are pretty much guaranteed ...3 or more in the last year?

Cons

I have spent a long time with Atlantic Bay. In this time, I have seen huge growth but also mismanagement and very large reductions in morale. It often seems that top leadership doesn’t think through decisions before moving forward often with disastrous results. I have seen at least SEVEN top department leaders (Directors and Vice Presidents alike) be fired or quit in a 3.5 year period. (There are more, I’m sure.) I know people who have gone through boss after boss – sometimes not even having clarity on who their boss actually is.
In addition to the constant leadership changes in multiple departments, huge layoffs have occurred at least three times in IT, Marketing, Facilities, Training and Administrative departments. While layoffs are a part of any business, the very top leadership seem to make poor choices that cause these to happen repeatedly. (If you don’t have the funds to maintain new departments, don’t start them. We all know that interest rates fall and rise and that we cannot assume consistent results in the real estate market year after year.)
All of these layoffs make people fearful that maybe they are next. It also causes large gaps in knowledge and unfair situations for those who are left on the job.
There is also a lot of negative sentiment and blame. I’ve heard leadership say direct quotes and then never ever follow through on those promises. It’s a sad thing. Even Sales leadership often isn’t optimistic about the leadership of the company. I am seeking other employment because I just don’t believe in the leadership anymore.
And while they have “cleaned house” with some of the leadership, there are still people in leadership who behave very badly on a regular basis. These people just happen to be close to the owners and so are protected despite very unprofessional behavior.