OnDeck Reviews
Updated Aug 10, 2020
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"OnDeck has the potential to gain traction in a huge market (small business financing)" (in 43 reviews)
"Work-life balance is very healthy" (in 34 reviews)
"The company is going through its share of growing pains at the moment" (in 8 reviews)
"The work environment was a bit chaotic" (in 7 reviews)
- Featured Review
"Great culture, Great people"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNeutral OutlookApproves of CEOI have been working at OnDeck full-time for less than a year
Pros
People across the organization are genuinely helpful. Management really makes the effort to engage both customers and employees. Competitive benefits.
Cons
As with any growing company, managing technical standards and tech debt is a challenge. Overall, I see less cons compared to all the other companies I've worked for.
Continue readingThank you for your feedback!
"Great Job"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at OnDeck full-time for more than 3 years
Pros
great culture, fun product, dynamic sales cycle, excellent benefits
Cons
lots of talent, not a lot of turnover. need to produce to be promoted.
OnDeck Response
July 17, 2020 – Communications and Culture
Thank you for your review! We are glad to hear that your team member experience has been a positive one.
"Sales Employee Review"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI worked at OnDeck full-time for more than 5 years
Pros
OnDeck has a great culture and employees from all departments are accessible if you need information or questions. Management was clear on the mission at hand with clear commutation. Great office location with happy hours!
Cons
High Turnover. Low career development opportunities.
"Good people, interesting work"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNeutral OutlookApproves of CEOI worked at OnDeck full-time
Pros
Forward thinking, great work life balance
Cons
A bit of a boy's club
Continue reading- COVID-19Helpful (5)
"Get in and Get Out"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
Doesn't RecommendNegative OutlookI have been working at OnDeck
Pros
This depends on what you think is a pro. I think the only thing I can say is a pro is the flexible work from home policy and the salary. But if you like constantly being taken away from your task to eat, drink or listen to some “we are the world” stuff then there you go. Ondeck is full of younger people who think work should include happy hour and snacks. most of it is unnecessary.
Cons
They pay really high salaries which bit them in the rear during COVID. They furloughed people and after 99 days they laid off. If they kept salaries and entertainment reasonable they would not have had to reduce people. They also buy all the latest and greatest software some of it not being used. More ridiculous spending. I know there were alot of lay offs during COVID but These folks are extremely irresponsible with the budget. They spend tons of money on feel good items, entertainment, salaries, software. You can get a spot bonus for holding the elevator door for someone. This place is definitely a stepping stone. Use it to get your salary up or get a title. Then get in and get out.
Continue readingOnDeck Response
July 14, 2020 – Communications and Culture
Thank you for your feedback and we regret to hear about your experience with OnDeck. We do believe in investing in our people and our culture, and we believe in that both before and during the COVID-19 environment. Like many companies, we did have to reduce expenses due to economic conditions, and are providing severance and outplacement assistance to departing team members. If you see opportunities for further cost saving, please raise through our internal communication channels.
- Helpful (1)
"Great place!"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI worked at OnDeck full-time for more than a year
Pros
Culture is amazing with great benefits and pay structure
Cons
Industry is volatile so parameters on their loan product is constantly shifting. For example a person that could qualify today may not qualify tomorrow it never felt like the company kept that in mind when adjusting your monthly quota
Continue readingOnDeck Response
July 17, 2020 – Communications and Culture
We are glad to hear that your team member experience was a positive one. We welcome all feedback and will discuss your comments with the appropriate teams.
"very nice company to work for"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at OnDeck full-time for less than a year
Pros
small nice family style atmosphere
Cons
start up at the time but has gotten bigger
OnDeck Response
July 17, 2020 – Communications and Culture
Thank you for your review
- Helpful (3)
"Tech issues"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
I have been working at OnDeck full-time for more than 8 years
Pros
It’s not a good place to work right now. Tech team hasn’t improved anything in years. It’s a sinking ship.
Cons
It’s a real hole of a place. They have rats in their office.
"Review"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at OnDeck full-time for less than a year
Pros
Great culture and overall place to work.
Cons
I don't have any cons.
OnDeck Response
July 17, 2020 – Communications and Culture
Thank you for your review!
- Helpful (1)
"Good people, company working on the path to growth"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNeutral OutlookApproves of CEOI have been working at OnDeck full-time for more than 3 years
Pros
The people who work at OnDeck are great, very collaborative. The CEO is accessible and engaged, knows most people by name.
Cons
Company has been struggling with growth for awhile. They need to map out who they want to be and how they want to compete in the future.
Continue readingOnDeck Response
July 17, 2020 – Communications and Culture
Thank you for your review. We welcome all feedback and will share your comments with the appropriate leaders.
OnDeck Response
July 17, 2020 – Communications and Culture