Everyone is Miserable - Anonymous employee CMG Financial Employee Review

1.0
Sep 20, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Sometimes food is catered. - Your peers will be the best/sweetest/most humble people you'll ever meet.

Cons

They have the worst work environment I've ever encountered. It wasn't always that way- they used to have a lot of company wide lunches and Christmas parties, but somewhere along the way they decided to stop caring about their employee happiness rate. Very strict, very negative, no music, no headphones, no talking to your coworkers, nothing is allowed. They watch the security cameras like hawks, time your breaks/lunches and read through all your IMs on a regular basis. There's clear pay gaps and favoritism. I know this is fact because many of us have shared our salaries. Put it this way, I make less than someone who was hired beneath me to assist me. I'm not the only Team Lead to encounter this, and I won't be the last. I remember white, male interns (with zero experience) came in making more than people that have been there years just based on who they know. Good luck asking for a raise and not getting the whole "we're freezing salary increases" speech. Don't hold you breath for an annual review because you won't get one in order for them to avoid having to give raises. Very little room for growth. BEWARE of getting offered a promotion with the promise of a raise. It's a bait and switch. They have no intention of giving you that raise (at least not for a year or two), but fully expect you to take on the extra responsibilities. Sometimes they'll even try to call it a "lateral move" just to get out of having the give you what you deserve. HR sucks and they don't care about the employees, they only care about covering the companies butt. I've seen people who went to HR hoping for help against the (racial and gender) inequalities they faced and were let go that very day.

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CMG Financial Response
6y
CMG cares about our employees and the feedback received. We have some exciting news to share soon regarding a performance management system. Human Resources responsibility is to ensure a safe, healthy work environment for all. They are available to discuss any concerns employees have and always address concerns accordingly. CMG encourages promotion from within and hope to advance the careers of all employees. We will continue to treat all employees fairly and are continuously working to better the employee experience. Please feel free to contact Melissa Harbourne, Vice President, HR, at mharbourne@cmgfi.com to discuss at any time.

Explore other reviews about CMG Financial

5.0
Jul 9, 2026
Recommend
CEO approval
Business Outlook

Pros

I have spent more than 3 decades in the mortgage industry, CMG is definitely in the top 3 mortgage companies I've worked for. Ops is lightning quick, compensation is solid, the product variety is the best I've seen including amazing proprietary programs, benefits are reasonable, there really isn't anything more I could ask for. Every aspect is at least good, if not world class!

Cons

None I can think of

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

There are a ton of opportunities to innovate and build industry-changing technologies. We have a great product team and a great engineering team, so the possibilities for my team and me are endless. We're also serious about using AI across product management, BSA work, QA, and engineering. It's part of our culture, and the transformation is being led directly by our technology leaders, which shows they're hands-on and lead by example. You won't find many places where a top leader is this invested in transformation and in the details, and that's both encouraging and energizing for our team. On the business side, there's a lot of flexibility and support for our sales and fulfillment team members. Ideas are heard and implemented no matter who they come from. Our leadership team is humble, and they genuinely care about and understand their business. They've been very welcoming and have taken the time to help me understand their business needs so I can deliver the right solutions. CMG believes in top-notch customer service and in offering a comprehensive suite of products that most other companies don't have. The culture here is great and genuine, and I'm very glad I made the choice to join CMG.

Cons

Opportunity to standardize process and create an enterprise fulfillment strategy, currently in the works and planned for the immediate future.

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