Stack rank pay on $35k base salary: RUN in the other direction - Loan Processor BHG Financial Employee Review

1.0
May 30, 2024
Recommend
CEO approval
Business Outlook

Pros

PTO, 401k and healthcare coverage are all standard benefits that you can find anywhere corporate. There's nothing to brag about here. Especially with how costly healthcare is with BHG, they only match 3% to 401k, and if you try and use your PTO- good luck making any money in that month.

Cons

The commission structure has changed several times within the past year alone, each change has been a significant pay cut. The latest update is stack rank pay- meaning you could hit your goal (even exceed it) and still make close to nothing depending on where you fall in rank. Last in rank makes $100 for the month, even if they meet their goal, they get nothing due to where they land. There’s also NO accounting for LEAD VOLUME- you could be .03% behind the next person and have taken on twice as many leads as they did. So performing at the same conversion level, you’ll make hundreds less than that peer, despite processing twice the amount of applications. When I started with the company, the sales target was 80% conversion of leads. When I left the company, the sales target was 93%. You’re constantly chasing a moving goal post. Deplorable, cut throat, dog eat dog environment. What kind of company LinkedIn page disables their comments? BHG...and that speaks volumes.

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BHG Financial Response
2y
We appreciate your feedback but respectfully disagree with your perspective. At BHG Financial, our compensation plans are designed to allow dedicated and driven team members to earn competitive pay with significant growth potential. These performance-based plans reward employees who excel in their roles, and we continually review them to ensure they remain fair, equitable, and attainable. While we have made adjustments in response to the economic landscape affecting many companies, including BHG, our foremost priority remains our employees. Their well-being and recognition for their hard work are paramount in all our decisions. On that note, we continue to offer generous compensation plans along with a multitude of perks and benefits like health coverage (including vision and dental), 401k matching, life insurance, a bonus structure, a Recognition & Rewards program where points can be redeemed for items and gift cards, and so much more. This is in addition to comprehensive training and career growth opportunities within the company. Feedback from both current and former employees is invaluable to us as we cultivate a culture of transparency and dialogue. We genuinely value your concerns and insights, and we encourage you to reach out to our People Development team at people@bhg.com to further discuss your experiences. We regret to hear that your time with us at BHG Financial did not meet your expectations, especially after six years of dedication. Nevertheless, we extend our sincere best wishes for your future endeavors.

Explore other reviews about BHG Financial

5.0
Jul 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Wlb, perks, great and supportive team

Cons

Don't have any to lsit

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

BHG has been a great place to grow my career over the past five years. The combination of strong leadership, a supportive culture, and continued investment in employees makes it a place I’m proud to be part of—and I look forward to continuing my journey here for years to come. Outstanding People & Culture: One of BHG’s biggest strengths, its people. My teams are collaborative, supportive, and invested in everyone's success. The environment makes you feel valued and motivated to do your best. Strong Leadership: Leadership at the top demonstrates commitment to the company’s success and its employees. Investment in Employees: BHG genuinely invests in its people, whether through tools, professional development, or embracing innovation. This focus helps employees grow which directly strengthens the company! I love this! Benefits & Perks: The benefits package is competitive and well-rounded. Wellness Fridays are a standout perk and show that the company prioritizes work-life balance and employee well-being.

Cons

Dynamic & Engaging Work: Its a fast-paced environment, but it keeps things interesting and provides opportunities to grow and work on impactful initiatives that drive the business forward. Sometimes this can lead to rework, or multiple people doing working on the same things. i.e.: Borrower Portals.

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BHG Financial Response
3w
BHG Financial has proudly created a unique culture that sources top talent and provides a myriad of opportunities for growth. We’re also always on the hunt for new ways to improve processes and better support employees, so we’ll make sure your feedback is shared with the proper members of the team. We’re thrilled to hear you’ve enjoyed your time with us over the 5 years!
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