OnDeck Reviews
Updated Jun 26, 2021
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Found 312 of over 322 reviews
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"OnDeck is a great company to work at and gives you great exposure to the Small Business FinTech space" (in 47 reviews)
"Fun and chill culture, very good work/life balance, pretty good benefit package, solid comp" (in 40 reviews)
"The work environment was a bit chaotic" (in 8 reviews)
"The company is going through its share of growing pains at the moment" (in 8 reviews)
Ratings by Demographics
This rating reflects the overall rating of OnDeck and is not affected by filters.
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- Current Employee★★★★★
Pros
Inclusive Culture and fun work environment
Cons
Difficult to schedule conference rooms
- Current Employee★★★★★
Pros
fair pay and good benefits
Cons
I dont have anything bad to say
- Current Employee, more than 5 years★★★★★
Pros
Great benefits, great co-workers, interesting work
Cons
Before the acquisition by Enova, I would have told you that I loved my job, I loved where I worked and that I wouldn't be looking for another job. Unfortunately, that's no longer the case for me. Enova is a pay day lender (do yourself a favor and do some research on pay day lending) and this kind of practice is at odds with how I know OnDeck operated before the acquisition. Pay day lending punishes the poor and vulnerable people in our society. It preys on people that are in extreme financial hardship. OnDeck would not have offered a product like this at all. On top of that, there have already been a lot of re-orgs. There's been very little communication from Enova about what was/is happening - at least to the people that are on the ground working. Maybe they're communicating to senior leadership - I'm not sure. They are cutting people that they no longer need, based on roles that already exist at Enova. From what I hear, they are giving severance. Losing your job in the midst of a global pandemic is my worst fear. Had it not been for this acquisition, I would have rated OnDeck much higher but all I can give here are two stars.
Continue reading - Former Employee, more than 1 year★★★★★
Pros
Atmosphere, Culture, Education System, Work Life Balance
Cons
A lot of moving parts due to company growth. You can get overwhelmed
Continue reading - Former Employee, more than 1 year★★★★★
Pros
Good upper management and awesome team
Cons
No cons for this company
- Former Employee, more than 3 years★★★★★
Pros
Great place to work at
Cons
Hey. They have downsized considerably
Continue reading - Current Employee, more than 1 year★★★★★
Pros
Great culture, solid comp package, lots of data floating around
Cons
Occasional lack of transparency from the top
Continue reading - Current Employee, more than 1 year★★★★★
Pros
Very good work environment, friendly and helpful colleagues, very good benefits
Cons
Did not perform well in COVID period
- Current Employee★★★★★
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 readingThank 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.
- Current Employee, more than 1 year★★★★★
Pros
Fun and chill culture, very good work/life balance, pretty good benefit package, solid comp
Cons
There can sometimes be a lack of transparency from the people at the top
Continue reading
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