Quicken Loans - Great working environment, work a lot, low pay | Glassdoor
There are newer employer reviews for Quicken Loans
There are newer employer reviews for Quicken Loans

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"Great working environment, work a lot, low pay"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Team Member in Detroit, MI
Current Employee - Team Member in Detroit, MI
Recommends
Positive Outlook
Approves of CEO

I have been working at Quicken Loans full-time (More than a year)

Pros

Amazing culture, high energy, fast-paced

Cons

Pay is low in positions throughout the company, team members work a ton, work/life balance is "promoted" but definitely not enforced

Advice to Management

Salaries should be more competitive and I believe Quicken Loans can work on their effort to offer more opportunities for advancement within the company. It seems like higher positions are always recruited from outside the company rather than developing them in-house.

Other Employee Reviews for Quicken Loans

  1. "Amazing experience with amazing people."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Recruiting Intern in Detroit, MI
    Former Intern - Recruiting Intern in Detroit, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Quicken Loans as an intern (Less than a year)

    Pros

    Excellent office culture and great people who are focused, yet also friendly.

    Cons

    Difficult to gauge how laid back to get at first.


  2. Helpful (6)

    "Sweat Shop"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Full Underwriter in Detroit, MI
    Former Employee - Full Underwriter in Detroit, MI
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Quicken Loans full-time (More than a year)

    Pros

    Really cool desks. At the push of a button you can set it up so you sit in your chair working or a different button raise it so you can stand and work. Also, there is a minimum of 2 monitors at all desks, at times I even had 3.

    Cons

    Crazy hours. You are required to work at least 50 hours a week before you leave Friday. Then you have to work 2 Saturdays a month. Realistically I was averaging almost 60 hours a week. This work load is not seasonal, it is year round. If it is a week with a holiday, you still need to get 40 hours in. The overtime pay is a joke. I was there a year and I still don't understand it. It is less than minimum wage. You have to work downtown Detroit. I know that some of our employees have been assaulted walking to and from their cars, BTW the average walking time to get from your designated parking garage and your office building is 5 - 15 minutes.

    Advice to Management

    When you have "Team Members" that are struggling with something you need to sit down with them and take time to make sure that the source of the problem is resolved.

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

See Most Recent

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