Countrywide Financial - Worst Job in the Nation! | Glassdoor
There are newer employer reviews for Countrywide Financial
There are newer employer reviews for Countrywide Financial

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"Worst Job in the Nation!"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Business Analyst II in Plano, TX
Former Employee - Business Analyst II in Plano, TX
Doesn't Recommend
No opinion of CEO

Pros

There really is not a lot of good reasons to work for Countrywide. They used to have superior health benefits but for the past several years they have been scaling back and requiring the employee's to pay more out-of-pocket. Their insurance really isn't all that good any longer. I guess the best reason to work for me to work at Countrywide was that it was 15 minutes from my house.

Cons

They are a very reactive not proactive company. Half the time is spent putting out wild fires for management rather than being productive in your job.
Management is VERY prone to take credit for employee's work, it is a very dog-eat-dog environment. I have also seen that the abvility to move up in the company is somewhat based on how well the employee can "kiss up" and not based on knowledge or hard work.
Countrywide also tends to hire nonprofessional individuals which creates a nonprofessional atmosphere.

Advice to Management

Having had the opportunity to work in three separate division during my career at Countrywide, I found that Senior Management is not involved enough with the work that is really going on. They are more concerned with covering mistakes they've made and having everyone work around the clock for insignificant reasons. With these inefficiencies, it causes more critical errors that has been in the long run the demise of Countrywide Financial Corp.

Other Employee Reviews for Countrywide Financial

  1. "Personal Loan Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Loan Consultant in Chandler, AZ
    Current Employee - Personal Loan Consultant in Chandler, AZ
    Doesn't Recommend
    Disapproves of CEO

    Pros

    They pay really well and fair. I believe the pay will continue to be decent after the completion of the Bank of America merger.

    Cons

    Burnout usually takes place in 1 to 2 years. Very few can last longer.

    Advice to Management

    We would be really slow and they would make us work mandatory overtime. Get your stuff together.


  2. "RUN!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jacksonville, FL
    Former Employee - Anonymous Employee in Jacksonville, FL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    now that they are part of Bank of America it may be better- there are many key positions that are held by employees who do not now their job but there are others who do and they make great role models

    Cons

    some managers lack the skills needed to do their job and the negative press and lack of customer service after the loan has closed makes it difficult to take pride in the company for whom you work . If you are a fvorite it is easier to ge tthings done but if you have peronal issues with management the job is much more difficult

    Advice to Management

    nepotism is not the best method for promotion- this was the case with some managers on the floor while others were truly exemplary. Morale needs to be boosted and honesty is the best policy not subterfuge

There are newer employer reviews for Countrywide Financial
There are newer employer reviews for Countrywide Financial

See Most Recent

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