Pros
LC does offer snacks and drinks at the office and free lunch on some days, so if that’s important to you, it’s not all bad there. They also offer a decent workspace—and a hybrid home/office schedule. I do think that’s a plus. LC offers pretty Competitive Salaries and even paid bonuses in a year that was not all rosy--and I respect that.
Cons
If you are looking to work for a bank that is under intense OCC scrutiny due to past indiscretions, has an established track record of regular layoffs, always puts profits before employees well-being, and expects employees to work long hours outside normal business hours , then LendingClub is for you! Don’t be fooled by artificially inflated ratings from employer rating companies (such as salary.com). LendingClub regularly pressures and badgers its employees to fill out positive employer surveys. It’s definitely skewed. Lending Club attempts to operate on a skeleton staff to maximize profits and, while their salaries appear very competitive, the workloads and time demands are extremely high due to understaffing in many department, perpetual examinations and non-stop putting out of fires. I can confidently say that the work/life balance here was not good for me or many of my co-workers at LC, despite any claims that it is important to the company.