Flagstar Bank - Poor Compensation Plan | Glassdoor
There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

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"Poor Compensation Plan"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Loan Officer
Former Employee - Senior Loan Officer
Doesn't Recommend
Disapproves of CEO

Pros

Make your own hours (sort of)
Great benefits

Cons

Poor compensation plan
Inept management and the company is overwrought with cronyism
Publicly traded company that is essentially worthless

Advice to Management

Raise the comp plan for retail LO's or more and more will be leaving and heading to local mortgage banks (not FDIC banks).

Other Employee Reviews for Flagstar Bank

  1. "Great company with lots of training available."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    Very high tech and cutting edge.

    Cons

    Sometimes a little too much technology.


  2. "I liked it"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Collector
    Current Employee - Collector
    Recommends
    Approves of CEO

    Pros

    Good work environment and nice co-workers.

    Cons

    Pay is way too low.

    Advice to Management

    Promote wisely.

There are newer employer reviews for Flagstar Bank
There are newer employer reviews for Flagstar Bank

See Most Recent

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