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Lender Processing Services

Acquired by Black Knight

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Management put a cap on bonuses for sales team - Asset Manager Lender Processing Services Employee Review

3.0
Jun 14, 2013
Recommend
CEO approval
Business Outlook

Pros

Great place to work. Would have loved to keep working for LPS, but the division failed due to falling sales numbers.

Cons

Bad Management. Management cut incentives for sales team hence sales suffered. When management lowered bonuses for sales team, we saw sales down. When the sales team hit their cap on bonuses they didn't want to sell past that since they would not be compensated for additional sales. So what was a cost saving measure in the short term hurt sales in the long term.

Explore other reviews about Lender Processing Services

5.0
Jul 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Good management in the work environment.

Cons

Low pay that didn’t match the cost of living.

1.0
Feb 11, 2025
Recommend
CEO approval
Business Outlook

Pros

People cares about each other

Cons

Management is terrible and love their favorite pets

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