Pros
The people are great -- family oriented and lot's of people with young children. If you can't hit a deadline because of quality concerns -- the senior leaders listen and don't push the teams into delivering poor quality. Halloween is super fun at PennyMac!
Cons
Where to begin. Very stingy company. Was told during the interview process I would never get a raise -- ever. There is no real review system in place -- so they don't really rank your performance. The vacation plan is two weeks only and you have to accrue. Been a professional in my space for 25 years -- treated the same as a first time employee in terms of vacation. If i want a few days more than 10 -- i have to take it without pay. No comp time for all the overtime. In Moorpark there is nowhere to park. If you go out to lunch you won't find parking when you return. I get to work 30 minutes early just to park. The worst is no sense of work life balance. Basically this is a call center company -- so they base all decisions on how it impacts call center performance. Even if you're in IT or accounting. No working from home ever. They demand you work from 8:30 - 5:30 -- which puts you squarely in terrible traffic. Must wear business casual -- jeans are ok on Friday. Living like it's 1989.
