Worst Pay Plan in Industry - Loan Officer Auto Approve Employee Review

2.0
May 4, 2024
Recommend
CEO approval
Business Outlook

Pros

Work from home is nice

Cons

The company treats its employees like they are children. They micromanage all aspects of the job. They have changed the pay plan at least 3 in the last year and it never works in favor of the employees. Last pay plan you lost 30% of your earnings if you dont fund 42 loans a month. Only 14/70 people hit the goal and its darn near impossible to get the loans funded with their back end support team. I had more than enough loans contracted but some deals would take weeks to get to the lenderZ

Explore other reviews about Auto Approve

5.0
Jan 6, 2026
Recommend
CEO approval
Business Outlook

Pros

fast paced, good leaders, money to be made

Cons

If you are not open to feedback and not willing to adapt you will not be sucessful.

1
avatar
Auto Approve Response
4mo
We’re glad to hear that the fast pace, leadership, and earning potential have helped to make this a great place to work for you. You’re 100% right, being open to feedback and willing to adapt is key in an environment like ours. That can be challenging for some, but we're very glad to hear that you thrive in it. We also appreciate the suggestion around holding more daily sales contests and will continue looking for ways to keep things engaging and motivating on a day-to-day & month-to-month basis. Best of luck in 2026, we hope you're teed up for success and another strong year with Auto Approve! - Andrew Katz, Auto Approve Head of Human Resources
3.0
Apr 22, 2026
Recommend
CEO approval
Business Outlook

Pros

When I started I was encouraged and trusted to follow my ambitions to help develop processes for an upcoming department. Leadership, although on different pages at times, saw the mutual goal and was able to work together to ensure fair and just protocols that served the best customer experience. Dynamic was that of a strong team moving through trial and errors. This isn’t to say there weren’t disagreements but they were usually worked though together. Truly a great stepping stone in my career and will remain one of my favorite jobs.

Cons

Toward the end of my experience and after much senior leadership change, processes were quickly redirected for more internal reasons that would ultimately no longer deliver best customer experience and allow there to be a lack of accountability to those creating hostile work environments. “Fighting the good fight” for customers and basic ethics was no longer welcome but rather made you a target. At my level of management, I felt I was used as a puppet to deliver the bad news to team members with no explanation and used as a shield for upper Management to not have to take the heat. I was no longer being given tools to develop and learn, I was now part of the problem. I ultimately left because I no longer felt valued and wanted to move on from the internal toxicity that bled from top down.

avatar
Auto Approve Response
1mo
Thank you for taking the time to share your perspective, and for the contributions you made during your time with Auto Approve. We’re glad to hear that some of your experiences reflected strong collaboration, trust, and a shared focus on building processes that supported both the team and the customer; that foundation remains core to who we are. We also appreciate your feedback around leadership transitions and evolving priorities. Creating a professional, respectful, and accountable culture is a priority, and concerns around toxicity or hostile environments are not aligned with our expectations and not tolerated at any level. As our business has grown, we’ve made adjustments to better support scale, consistency, and long-term sustainability, while continuing to deliver a top-notch customer experience. We understand that periods of change can be challenging, particularly at the management level. We will continue to remain focused on strengthening communication, accountability, and leadership development across the organization. We appreciate your impact here and wish you continued success in your career.
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