Quicken Loans - Not for people with a life or family. | Glassdoor
There are newer employer reviews for Quicken Loans
There are newer employer reviews for Quicken Loans

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"Not for people with a life or family."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Detroit, MI
Former Employee - Anonymous Employee in Detroit, MI
Doesn't Recommend
No opinion of CEO

Pros

Fun work environment. Very good training. Company has potential to be great!

Cons

Sweatshop environment, extremely low pay, long hours.

Advice to Management

Many of the employees are overworked and underpaid. Employee retention is low because of this. Quality workers more than likely find work elsewhere.

Other Employee Reviews for Quicken Loans

  1. "Amazing culture and teamwork"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Detroit, MI
    Current Employee - Business Analyst in Detroit, MI
    Recommends
    Approves of CEO

    Pros

    Very trusting environment where team members are given the freedom to make their path to success. Immense focus on teamwork and communication. Constant commitment to continuous improvement and team members are given the empowerment to drive change and do things the right way. Corporate bureaucracy is not a part of the Quicken Loans way. The company has a clear vision which is regularly conveyed to the entire organization.

    Cons

    The independent nature of the organization may or may not be for everyone. People who are more apt to thrive in a "by the script" atmosphere may feel overwhelmed at times. Compensation is near the lower end of the spectrum in contrast to similar jobs in other organizations.

    Advice to Management

    Though unlikely to happen given the test of time is has withstood thus far, don't let growth ever get in the way of how the culture has gotten Quicken Loans to where it is today. Continue to take pride in being regularly recognized as one of the greatest places to work for in the country.


  2. Helpful (1)

    "Great new opportunity in field/sweatshop"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Banker in Scottsdale, AZ
    Current Employee - Mortgage Banker in Scottsdale, AZ
    Doesn't Recommend
    Approves of CEO

    Pros

    -Amazing benefits
    -Awesome technology
    - Great co-workers
    - Outstanding training in the mortgage industry and in sales

    Cons

    - Compensation is low for the amount 55-60+ hours put in per week
    - Workers will have no time for self, family, and friends (outside of QL)
    -Stressful environment
    - working so much =lack of sleep which adds to stress

    Advice to Management

    - Upper management is usually made up of awesome people that are very helpful. Continue the great work.
    - I really believe that if the hours required were less (maybe around 45 hours/week ), turn around would be a lot less and Mortgage bankers would enjoy their job a lot more.

There are newer employer reviews for Quicken Loans
There are newer employer reviews for Quicken Loans

See Most Recent

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