JG Wentworth Reviews | Glassdoor

JG Wentworth Reviews

Updated January 18, 2017
18 reviews

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1.0
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Stewart A. Stockdale
8 Ratings

18 Employee Reviews

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Pros
  • Casual business attire dress code (in 5 reviews)

  • good money for kids right out of college (in 3 reviews)

Cons
  • There is also no room for growth, No cafeteria, this company keeps it all about the money and that's it (in 4 reviews)

  • If you know the right people you can get away with anything including openly racist comments on the sales floor (in 3 reviews)

More Pros and Cons

  1. Helpful (2)

    "Horrible Company"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Philadelphia, PA
    Current Employee - Anonymous Employee in Philadelphia, PA

    I have been working at JG Wentworth (More than a year)

    Pros

    nothing positive to say. much work is needed on their end to improve the overall culture and structure of this organization.

    Cons

    Horrible leadership, no diversity at the top, lack of professionalism -however, there is plenty of favoritism, nepotism. Those within the company do not have current knowledge and skill set to move this company forward. It is still the good ole boy network. There is no such thing as discretion or confidentiality. The people are dishonest and only seek to keep their job. No room for advancement, no training or advanced education to keep the employee's skill set and knowledge relevant. HUGE lack of business acumen and integrity. Stocks plummeted - $14.00 a share two years ago, now $.35 a share.

    Advice to Management

    The board needs to fire upper management. I've never seen a CEO who did not deliver still be gainfully employed.


  2. Helpful (4)

    "Sales"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    It is the best place to too learn how to loose all of those pesky morals.

    Cons

    It is an absolute boys club! You either fit in our you get eaten alive. The management from the top down are clueless and inexperienced. They are completely unprofessional and could not care any less about the staff.

    Advice to Management

    Quit.


  3. Helpful (4)

    "JGW"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at JG Wentworth full-time

    Pros

    Co-workers are great people
    Pay is alright

    Cons

    lack of communication
    management
    going through rough times and a lot of layoffs
    favoritism
    no recognition for working hard
    hard to take vacations (if you do, you're basically punished)
    No room to advance

    Advice to Management

    Honestly, I would suggest starting over. Structured settlements are dying (stop lying to yourselves that it's not), and focus on Mortgages. Start communicating with your employees and treating them like workhorses. If you're in the executive wing, stop looking down at employees not at your level. Stewart needs to go if you want the company to survive or just shut the doors now.


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  5. Helpful (2)

    "Sales Exec"

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Former Employee - PEACHTREE DIVISION SALES ACCOUNT MANAGER in Phoenix, AZ
    Former Employee - PEACHTREE DIVISION SALES ACCOUNT MANAGER in Phoenix, AZ
    Doesn't Recommend

    I worked at JG Wentworth (More than a year)

    Pros

    Free daily Starbucks and Cafeteria onsite that was reasonable.

    Cons

    Leave your morals at home.

    Advice to Management

    There is nothing I can suggest that would make a difference in any way. They must know with the high turn over rate, that is a reason.


  6. Helpful (5)

    "Company's CEO is Lucifer!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Well the only one pro to this company is you can potentially make good friends. Oh yea and then there's favoritism. Oh wait, that's a con.

    Cons

    Everything...company ran by a dictator. The boat sinks deeper and deeper every day. He will not save you. He doesn't care!

    Advice to Management

    Just resign


  7. Helpful (3)

    "It was like a bad ride on a roller coaster."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Radnor, PA
    Former Employee - Anonymous Employee in Radnor, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at JG Wentworth full-time (More than 3 years)

    Pros

    Benefits
    Dress code
    Bonus and kickers before the company stopped giving them
    Certain people were great to work with

    Cons

    Certain VP'S in operations play favorites with certain individuals
    Lack of consistent training
    Communication is lousy-one has to guess what is happening next

    Advice to Management

    Need new blood in the company. Certain people in charge have been there way to long. Time to get rid of the dinosaurs. There is only one V.P. there that treats people fairly and is a great manager. Other managers should follow his managing techniques. CEO needs to start looking at what's going on in operations.


  8. Helpful (3)

    "Account Executive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Customer service experience. Some managers genuinely care. You just have to be lucky enough to work under one of them.

    Cons

    Clearly there is a mismanagement of funds going on here. The company is laying off employees left and right, but continues to try and promote "fun" activities that are costly for the company. They need to realize the status of things and cut back. The process is completely backwards and the people doing the most work are getting the least amount of compensation. Morale is low and every one is fearful for their jobs, yet the higher ups do not even acknowledge what is taking place.

    Advice to Management

    Communicate with your employees. Don't let them be blindsided and be honest about the status of things. Ask the people in the trenches how things are and what suggestions could make things better. It would be nice to be heard once in a while.


  9. Helpful (6)

    "Underwriter 2"

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

    Pros

    Free candy
    Listen to iPod
    Free milk

    Cons

    Lori Borowski
    CEO
    HR
    No training


  10. Helpful (4)

    "Toxic Environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Radnor, PA
    Former Employee - Anonymous Employee in Radnor, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Most of the co-workers make working at JG Wentworth tolerable. The people are their biggest asset, but unfortunately management does not recognize this fact.

    Cons

    It is a toxic and favoritism filled environment. Employees are not appreciated or recognized for their hard work and dedication. Management does not possess any leadership qualities and an atmosphere of disrespect and exclusion is fostered and allowed to continue. JG Wentworth drains the life out of you. Don't expect even a simple thank you for going above and beyond the call of duty. The CEO ignores and won't address he plunging stock and dismal company performance.

    Advice to Management

    It's time to revamp all of management and make sure you have positive leaders in place. Start recognizing the hard working employees and stop favoring a select few for promotions and accolades. Make real changes and foster a professional and positive office. If you don't do this, you will continue to lose valuable employees.


  11. Helpful (1)

    "No work life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Radnor, PA
    Current Employee - Anonymous Employee in Radnor, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Commission, salary ok, benefits ok,

    Cons

    There is not much of a work life balance at this company. If there is a huge winter storm more than likely the company will not close. When other companies are leaving at 12:30 due to the holidays we are leaving at 4 pm. I can't understand why on earth this company doesn't have the opportunity for employees to work from home if needed. If i have a doctor's appointment I would either have to lose a day, use pto, or leave early. If there was an option for employees to work from home the company would benefit and the employee would benefit from this. I feel that The JGWENTWORTH company does not care about the employees. If they would take a look, they would see that some of the employees are burned out, and despise coming to work everyday. There is also no room for growth, No cafeteria, this company keeps it all about the money and that's it.

    Advice to Management

    Pay attention to the needs of your employees.



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