Direct Capital - Great company, great 'products', great compensation - poor training | Glassdoor
There are newer employer reviews for Direct Capital
There are newer employer reviews for Direct Capital

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Helpful (2)

"Great company, great 'products', great compensation - poor training"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Finance Manager in Portsmouth, NH
Current Employee - Finance Manager in Portsmouth, NH
Recommends
Positive Outlook
Approves of CEO

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

Pros

Energetic environment
Team focused mentality
Great earning potential - Daily 'Spiffs' / Salary + commissions, residual income, multiple streams of income
Amazing marketing strategies and techniques
Endless leadflow, rapid approvals, motivating environment

Cons

The training program for a Finance Manager is.. wait, what training?
One of the trainers has never closed a deal and barely knows how to use the CRM systems?
Minimal structure to the training program - 8 months to sink or swim
Unless you're experienced in Finance be prepared to be overwhelmed with information and minimal instruction / coaching
For a company funding over 10k companies and $330MM/yr there needs to be a more robust training program. The turnover rate is exceptionally high for a reason. Your seat has a pricetag and if you don't make the company enough money (whether it's your fault or not) your seat is vacated for the next round of trainees.

Advice to Management

Keep it simple: PROVIDE CONSISTENT, POSITIVE, HELPFUL Training and Coaching for new recruits from experienced Sales Trainers.
It's one thing to know how to close a deal. It's quite another to know the intricacies of productive training techniques, systems, and coaching.

Other Employee Reviews for Direct Capital

  1. Helpful (1)

    "Never a dull moment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Finance Manager in Portsmouth, NH
    Current Employee - Senior Finance Manager in Portsmouth, NH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Direct Capital full-time (More than 8 years)

    Pros

    Supportive Management
    Rapidly growing company
    Good income potential
    Innovative sales & marketing strategies

    Cons

    401(k) needs to be improved

    Advice to Management

    Keep doing what you're doing.


  2. Helpful (1)

    "Direct Capital is for the career minded"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Related in Portsmouth, NH
    Current Employee - IT Related in Portsmouth, NH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Direct Capital full-time (More than 8 years)

    Pros

    You are given the power to fail or to succeed, and given every oppertunity to excel.
    Core values are not just words but a way of life.
    Focus on customer service
    Involved in the community through charities and team support.
    Cutting edge technologies

    Cons

    Nothing comes to mind here.

    Advice to Management

    Continue forging ahead into areas not yet explored and don't look back. It is one of many things that seperates us from other businesses that think they are our competition.

There are newer employer reviews for Direct Capital
There are newer employer reviews for Direct Capital

See Most Recent

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