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LendingClub

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LendingClub

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LendingClub Employee Reviews about "salary"

Updated Jun 30, 2022

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Found 28 of over 795 reviews

3.8
70%
Recommend to a Friend
74%
Approve of CEO
LendingClub President and CEO Scott Sanborn
Scott Sanborn
367 Ratings

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Top Review Highlights by Sentiment

Pros
  • "great benefits that are employee focused(in 99 reviews)
  • "The people you work with are great(in 88 reviews)
  • "The mission will get you up every morning and the great culture will keep you challenged and engaged everyday.(in 62 reviews)
  • "Great Coworkers & Ice cream (it’s it for free)(in 26 reviews)
  • "Decent Pay, def not top of market but decent for Sr, Lead, Principal, Architect + levels.(in 26 reviews)
Cons
  • "Management is bad.(in 38 reviews)
  • "Managers can be good but are overworked so they tend to provide minimal input and I often don’t hear from mine for more than a week.(in 21 reviews)
  • "Connection with senior leadership was really the only piece missing from my initial experience with Lending Club.(in 14 reviews)
  • "Hardly any communication between upper management, other departments and member support.(in 13 reviews)
  • "Low salaries for anyone not at management levels.(in 10 reviews)
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Ratings by Demographics

This rating reflects the overall rating of LendingClub and is not affected by filters.

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Reviews about "salary"

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  1. 1.0
    Current Employee

    HORRIBLE COMPANY CULTURE

    Feb 2, 2017 - Anonymous Employee 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    1. Nothing 2. Glass door is making me put more than 5 words.

    Cons

    1. The most political company I've ever worked for. Don't bother working your butt off, because no management acknowledges performance. Promotions are based on being at the right place at the right time. 2. No support from HR for career advancement. They say they will, but it's just to keep you quiet for the time being. 3. The poorest employee morale. Everyone backstabs and throws each other under the bus. Including upper management. 4. Salary is NOT at market

    Continue reading
    26 people found this review helpful
  2. 5.0
    Current Employee

    Good

    May 21, 2021 - Senior Financial Analyst 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good place to work friendly amd

    Cons

    Salary is not high enough

    Be the first to find this review helpful
  3. 3.0
    Current Employee, more than 1 year

    Analyst

    May 26, 2016 - Analyst in San Francisco, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Decent work/life balance - Some teams have exceptionally intelligent and level headed minds - Snacks - Young culture

    Cons

    - Lack of cohesive culture that promotes development and collaborative working environment - Too many managers that don't have experience managing - Lot's of title throwing without the proper compensation - Subpar salary standards - Groups can be extremely siloed - A lot of bureaucracy, takes a long time to get things done

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    10 people found this review helpful
  4. 1.0
    Former Employee, more than 1 year

    Come and learn politic

    Jan 21, 2017 - Software Engineering in San Francisco, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Location Snacks Salary is ok

    Cons

    One of the amazing things about this company is how people can survive with 0 technical skills? Another amazing things some highly technical people can be put so much behind the train, I guess only to keep people upfront feel good about themselves. This company has so many flows in their processes but no one wants to hear it. Middle management pretends that everything is under control, they simply does not want to be on the bad spot. I would best describe the atmosphere in the company as in the in the movie "The Truman Show" where CEO of Lending Club can be compared to Truman Burbank the main character of the movie.

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    7 people found this review helpful
  5. 3.0
    Former Employee

    Decent company

    Apr 21, 2021 - People Team Member 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Equity Salary is pretty competitive Benefits

    Cons

    The culture is not the best - very siloed into your roles, not an environment that fosters collaboration. Lack of transparency within your management team

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  6. 3.0
    Current Employee

    no room for growth

    Aug 17, 2021 - Customer Care Representative in Westborough, MA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    great benefits and time off

    Cons

    no room to grow or increase salary

    1 person found this review helpful
  7. 5.0
    Current Employee, more than 1 year

    Great Place to Work

    May 24, 2017 - Senior Software Engineer in San Francisco, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    - Nice Salary and Benefits - Provide weekely 3 days drinks at work - Nice Kitchen

    Cons

    - Haven't come across any so far

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  8. 4.0
    Current Employee, more than 1 year

    Fun work environment

    Sep 10, 2019 - Loan Underwriter in San Francisco, CA
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Great coworkers and perks and culture. Lots of room for growth

    Cons

    Salary was not competitive

    Continue reading
    Be the first to find this review helpful
  9. 4.0
    Current Employee

    Good work culture

    Jul 25, 2020 - Data Engineer 
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Good work culture, snacks are good

    Cons

    less salary than market rate

    Be the first to find this review helpful
  10. 3.0
    Former Employee, more than 3 years

    They let people go when they get expensive

    Dec 8, 2021 - Member Support Specialist in Lehi, UT
    Recommend
    CEO Approval
    Business Outlook

    Pros

    Some managers were really awesome. Core group of employees actually embody the company values.

    Cons

    They let people go when their salary/pay gets too high. Slow to make changes.

    Continue reading
    4 people found this review helpful
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