Prosper.com Reviews | Glassdoor

Prosper.com Reviews

Updated September 18, 2017
150 reviews

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2.7
StarStarStarStarStar
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Approve of CEO
Prosper.com Chief Executive Officer David Kimball
David Kimball
13 Ratings

150 Employee Reviews

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Pros
  • Lots of positivity and great people to work with (in 12 reviews)

  • Working at Prosper affords great benefits and an amazing workspace (in 9 reviews)

Cons
  • There is absolutely no time off and very little leniency for "worker monkeys (in 5 reviews)

  • Some of them take the credit of your hard work (in 5 reviews)

More Pros and Cons

  1. "Great people, terrible management.. but I heard it is getting better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Prosper.com full-time

    Pros

    New management seems to be doing things better from what I heard. It used to be a disaster.

    Cons

    Little room for career advancement


  2. "Inspiring and fun place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (More than a year)

    Pros

    The company has been doing great the last year; continuous growth, making money, hiring great talent.
    The exec team rocks; communicates constantly and well, making right decisions, leading us to the next level.
    Excellent location, office space, and benefits.

    Cons

    Need to hire talent faster.

    Advice to Management

    Keep the current momentum going, increase the bar for middle management. Keep the on-going communication and transparency. Provide more leadership training.

  3. "Change can be good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time

    Pros

    - Company direction
    - Confidence in CEO
    - Great people/talent

    Cons

    - Managing through change
    - More opt for learning and development

    Advice to Management

    Keep the levels of transparency open


  4. Helpful (3)

    "Could be better..!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (More than a year)

    Pros

    Prosper is finally generating revenue. Lots of positive attitude, nice workspace and hiring good talent.

    Cons

    Managers should improve and stop micro managing employees and should give chance to express their opinions. Some of them take the credit of your hard work. No space to grow. Though its good place to work, some of the great talent is leaving and they are not taking steps to retain. Exec talk the talk but it does not trickle down due to middle management.

    Advice to Management

    Upper management should have more interactions with employees


  5. "Nice Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Approves of CEO

    I have been working at Prosper.com full-time (Less than a year)

    Pros

    Its been few months since I joined. Its good place to work. Exec team rocks as they communicate the goals better and maintains transparency. Hiring great talent.

    Cons

    Managers in the middle layer need to improve. Too much of MICRO MANAGEMENT especially in some groups of IT which makes employees difficult to work. Managers TAKE CREDIT of your work, No appreciation of your hard work and NO TEAM WORK at all.

    Advice to Management

    Keeping good work. Don't waste the talent you are hiring because of micro management by the Managers.


  6. Helpful (1)

    "Light at the end of the tunnel"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prosper.com full-time (More than a year)

    Pros

    2016 was rough (business challenges, lay-offs, executive revolving door) but feels like we're out of survival mode and growing again. Most of the people who are still here are dedicated and smart and really like working with them more than past jobs. And the new people we're hiring have helped a lot. Hopefully we get more resources to get back to growth

    Cons

    Still have a small handful of employees that like playing the victim or feel entitled. Benefits are good, pay is decent (could always be more - it is the Bay Area after all!), location is great, new leadership is actually honest and accessible. It's hard to move forward when you have a few employees that thrive off complaining and think everything should be like magic.

    Advice to Management

    Invest in growth. Don't be afraid to pay top talent top salaries. Focus more on engagement (those people that want to engaged). Provide ways to develop, learn new skills, etc.


  7. "Business Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst
    Former Employee - Financial Analyst
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Prosper.com full-time (Less than a year)

    Pros

    Some manager really go above and beyond to help you reach your goals and help you get promoted.

    Cons

    HR really gives you the run around.

    Advice to Management

    Listen: Someone with a small title may have more experience than you.

  8. Helpful (3)

    "Career progression is discouraged to keep salaries low"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Prosper.com full-time (More than a year)

    Pros

    - Decent benefits
    - Great office location

    Cons

    - No raises
    - No promotions
    - Management exploits long-time employees
    - Bonuses were paid to everyone after the layoffs, limiting raises for high-performers
    - As people leave, their responsibilities are distributed to others with no extra pay
    - Even though the company's mission statement is to "advance financial well-being", the executives are okay with underpaying
    - The executives still claim to not understand why attrition is so high. They are in denial.

    Advice to Management

    If business is doing as well as you all say, give raises to those of us who got you to that point.


  9. "Verification Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Prosper.com full-time

    Pros

    Great break room with lots of free food and drinks.

    Cons

    Training needs improvement. You get yelled at a lot by customers because of the customer service dept. so be ware.

    Advice to Management

    Customer service team should be trained on what verification does so they can better assist the customers with questions and concerns when they are unable to transfer to verification.


  10. "Good people, decent pay but lacks vision"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Prosper.com full-time

    Pros

    Pay is above average market price
    People are really nice
    Lot of opportunity to try new things

    Cons

    Company lacks a vision
    People are demotivated

    Advice to Management

    Being run more like a bank than a startup


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