LendingClub Reviews | Glassdoor

LendingClub Reviews

Updated March 20, 2019
391 reviews

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3.2
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Recommend to a friend
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LendingClub President and CEO Scott Sanborn
Scott Sanborn
156 Ratings

Employee Reviews

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Pros
Cons
  • "Unclear directions/strategies from upper management" (in 14 reviews)

  • "too much work load, no work life balance" (in 7 reviews)

More Pros and Cons

  1. "I've been telling everyone I know about loving Lending Club"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Analyst in Lehi, UT
    Current Employee - Credit Analyst in Lehi, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    The culture can't be beat
    The location is not the center the chaotic traffic of the SLC valley
    Competitive pay
    Comprehensive benefits
    Hardworking management
    Amenities
    Hiring process is innovative and efficient
    The company values aren't tossed to the side after the first week
    Your responsibilities are well stated
    Training is long enough for you to feel prepared for the position
    Growth potential

    Cons

    Intense training
    Information overload
    The training process needs some tweaking (a small about of things feel rushed and the assessments should be updated or re worded)
    Being a new location some small aspects are still being figured out
    Training is 8-5 and it can feel like the week is more than 40 hours


  2. "100% Would Totally Recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    They really strive to take care of employees, they have awesome benefits, free snacks, an incredible culture and so much potential growth for the future.

    Cons

    The only downside is the distance I have to travel to work.

  3. "Great environment!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    The company is amazing to work for! Great benefits, pay and plenty of training to help you succeed.

    Cons

    Nothing so far, everything has gone smoothly.


  4. "Great Place to get started after school"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Analyst in Lehi, UT
    Current Employee - Credit Analyst in Lehi, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    -Paid in-depth training
    -Free snacks every day
    -Friendly work environment
    -Opportunity for growth

    Cons

    Base wage could be a bit higher, and the incentive pay is not very well explained at all.

    Advice to Management

    People like to know how much money they will make and how they can make more. Maybe be a little more set on how workers will be compensated before hiring.


  5. "Great environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    The environment is positive and supportive and the job isn't mundane and boring.

    Cons

    It isn't super flexible with the working hours, but its is better than most places!


  6. "Would Recommend"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    Great people everywhere
    Free snacks
    Opportunity for bonuses
    Tons of amenities
    Great benefits
    Fun/friendly culture

    Cons

    Material can be difficult to learn but keep job from getting too boring or routine

    Advice to Management

    Keep doing what you’re doing and listen to everyone to be able to grow the best culture here


  7. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    Great benefits & incentives, performance bonuses (NOT competitive), excellent work environment, commitment to caring for employees as well as customers, brand new building, lots of team building & investment in employee success, lengthy training period to ensure everyone is comfortable with procedures (5 week training, and after that there's a max of 8 weeks to certify the agent on the material), everyone I've met here has been friendly, welcoming, and willing to help

    Cons

    The area is undergoing lots of development, so there's construction everywhere, and traffic can get pretty bad.

  8. "A company that invests in its customers and its employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    Excellent bonus and incentives opportunities. Engaging company culture that values its employees and customers. Great growth potential.

    Cons

    Base pay could be slightly higher for the level of responsibility. The transit subsidy could be more robust.


  9. "They really care about their employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Specialist in Lehi, UT
    Current Employee - Credit Specialist in Lehi, UT
    Recommends
    No opinion of CEO

    I have been working at LendingClub full-time (Less than a year)

    Pros

    Great benefits, Culture, Snacks, Smart coworkers, Nice workspaces.

    Cons

    A bit disorganized and it feels like a competition between Lehi and San Fran.

    Advice to Management

    Get yo know your Lehi employees


  10. "Overall Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Outbound Sales Representative in San Francisco, CA
    Current Employee - Outbound Sales Representative in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    - Base Pay + Commission is very competitive!
    - Leadership does not micromanage and they’re very approachable
    - Lots of recognition for those who work hard

    Cons

    - Benefits could be more competitive
    - If you want to get paid EXTREMELY well with commission as an Outbound Sales Representative, you have to work really hard

    Advice to Management

    Never micromanage, lead your team to success. Management is doing great so far. Just continue doing what you’re doing. Be receptive to feedback, especially if you ask for feedback. We ALL have the same goal and that is to be successful and demonstrate our department’s effectiveness. And always remember that employees don’t leave companies, they leave management. As long as you treat your employees right, they’ll treat you better.