First Marblehead - Dont go to work here | Glassdoor
  1. Helpful (3)

    "Dont go to work here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Java Developer in Medford, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at First Marblehead full-time for more than 2 years

    Pros

    There really weren't many pros. The staff in the medford office is at least mostly decent to each other. It won't last very long since management has a proven track record of laying off or firing lots of employees. It's almost guaranteed you will lose your job in less than a year.

    Cons

    This was the worst professional experience I've ever had. The company has been on a steady decline since the 2008 stock market crash and has never really recovered. Management lied like crazy in the job interview then screamed for the next year in an effort to force insane amounts of work out of the engineering staff that they don't have the money to pay for. Whatever you do don't go to work for this company. It's...

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    Advice to Management

    Stop being sociopathic. Live up to your own mistakes. Stop threatening physical violence if the unrealistic deadlines you've set aren't met.

    First Marblehead2015-11-12

Other Employee Reviews

  1. "Manager"

    StarStarStarStarStar
      Former Employee - Assistant Manager in Boston, MA

      I worked at First Marblehead full-time for more than 6 years

      Pros

      • Starting position was System Developer to analyze student loans that do not require inter-department operators to carry piles of mails and documents during their job function and activities action time.

      Cons

      • Ending position was Manager to design loan approval activities map, functional requirement and human interactions. Accomplishments covered ordering equipment, materials, leading every memorandum on activities, dues, plans during meeting and employee appraisal. • Business product managed are listed as student loan, credit scores, course registration, transcripts, identities, passport, IBM Cobol AS 390, HP Servers, Microsoft...

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      First Marblehead2015-07-24
    • "Company changed name and moved"

      StarStarStarStarStar
        Former Employee - Anonymous Employee in Medford, MA

        I worked at First Marblehead for more than 20 years

        Pros

        Nice people, the Medford location was not bad, near T.

        Cons

        Company changed name to Cognition Financial (Cognition Lending) and moved to Back Bay in Boston. Still near T but parking is horribly expensive for those who drive to work. New space is smaller than former location.

        Advice to Management

        Move back to Medford!

        First Marblehead2017-08-15

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