Eat what you kill! - Loan Officer RateGenius Employee Review

4.0
May 2, 2014
Recommend
CEO approval
Business Outlook

Pros

Extremely dynamic and fast paced work environment with a very, very aggressive compensation structure. There is a semi-casual office atmosphere and a definite since of comradery shared amongst the sales force. Constantly incentivized by "spiffs" on a daily, weekly, and monthly basis that meaningfully impact one's paycheck. There is a very direct relationship between one's effort and one's earnings on a monthly basis. Free lunch occasionally, company events, great location. Almost always hire based on referrals and ALWAYS promote from within. VERY TRANSPARENT with employees which is GREAT!!!

Cons

Average benefits, 6-8week ramp for sales person, 100% commission, and a rigorous amount of hours required to achieve accelerated commission payouts. That being said, you are rewarded monetarily for your effort. Management is redundant, negative, and un-open to suggestions. VERY little tolerance mistakes, and there is relatively high turnover as a result. Limited opportunity for meaningful advancement (monetarily).

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5.0
Jan 23, 2025
Recommend
CEO approval
Business Outlook

Pros

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Cons

Market shifts can affect the appeal of your offer

2.0
May 8, 2025
Recommend
CEO approval
Business Outlook

Pros

Good health benefits if you are single

Cons

Horrible management, constantly changed compensation. Was a good company prior to AutoPay Aquiring them

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