Countrywide Financial - One of the worst companies in finance | Glassdoor
There are newer employer reviews for Countrywide Financial
There are newer employer reviews for Countrywide Financial

See Most Recent

"One of the worst companies in finance"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Assistant Vice President in Los Angeles, CA
Current Employee - Assistant Vice President in Los Angeles, CA
Doesn't Recommend
Disapproves of CEO

Pros

The fact that you get paid regardles of whether you do a good job.

Cons

This is one of the most nepotistic companies I've seen. People advance here by sleeping with people in power. There is no reward for going above and beyond. Instead, the firm prefers to institute a culture of fear and scare people into performing their jobs for low cost. The corporate bureaucracy wastes money and ties the hands of line managers. Many senior managers throughout the organization only care about their own pocketbooks and are therefore disingenuous with their communications. It could be due to incompetence, but that's equally pathetic.

Advice to Management

Stop chasing money and pay attention to the bloated infrastructure you've allowed to develop.

Other Employee Reviews for Countrywide Financial

  1. "Countrywide CanNOT!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager in West McLean, VA
    Current Employee - Operations Manager in West McLean, VA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    the one only reason to work for Countrywide is the feeling of accomplishment when you've truly helped someone refinance or purchase a home.

    Cons

    there are two many downsides to list.

    Advice to Management

    All Management personnell should be required to take management training courses regularly and updated courses every year.


  2. "The worst company I've ever worked for"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Payroll Specialist in Pasadena, CA
    Former Employee - Senior Payroll Specialist in Pasadena, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    None that I can think of.

    Cons

    Everything! Management thinks of themselves. Promise you the moon to get the job done, then the promises are quickly forgotten. Worked 60 hours a week to get the new computer system up, and got a candy bar as a "thank you", only to give us "pink slips", and send the payroll department to Fort Worth, TX from Pasadena, CA. Just to save 8K per employee per year. Mozilo spends that in one day.

    Advice to Management

    Take some classes on Management Skills. Even the H/R Vice President would not even say "hello" to you...


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

See Most Recent

Work at Countrywide Financial? Share Your Experiences

Countrywide Financial
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or