Fires employees on a whim while making record profits - Consumer Advocacy Representative Happen Bank Employee Review

2.0
Jan 25, 2023
Recommend
CEO approval
Business Outlook

Pros

-snacks -work from home options -good and understanding managers

Cons

-Your job security is low here. - They just recently fired around 200+ employees after reporting a 45% increase in their net revenue. What a great way to thank the hard working employees. - When I first started lending club they fired all of their production employees at their California location, which caused a lot of problems and mistakes to happen in a lot departments. -They fired a large amount of people when Covid hit. -Instead of actually giving people raises when inflation hit, they took away annual bonus’s and raised our hourly rate to make it look like they are raising their employees pay, when it really adds up to the same pay amount at the end of the year.

Explore other reviews about Happen Bank

5.0
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

nice office and learned a lot

Cons

did not get to work too cross functionally

2.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent starting pay and some good teammates. The company is highly profitable and continues to grow. Opportunities to take on new responsibilities and expand your scope. Equity awards.

Cons

Over the course of several years, I have been given additional responsibilities multiple times without more compensation despite the company’s strong financial performance. While I’m happy to contribute, the pattern of increasing responsibility without recognition is a major demotivator, even to your most diligent employees. It's tiresome. It doesn't take much effort to make strong contributors feel seen and valued, and it's such a missed opportunity not to. The company frequently talks about culture and values, but there is infighting and rivalries between teams and individuals. That energy creates drama instead of collaboration and leads to repetitious mistakes. Good people — especially top performers — eventually leave because they can.

2
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