High Hours, Low Pay, 0 area for growth in Cleveland - Power Banker Rocket Employee Review

1.0
Sep 29, 2025
Recommend
CEO approval
Business Outlook

Pros

Good training, nice office and friendly people.

Cons

The first five months are dedicated to training, which is a solid starting point. After that, you’ll be expected to put in 60+ hours a week, with most first-year earnings falling between $50–65k. On paper, that might seem like a good salary, but when you weigh it against the long hours, stress, and constant pressure, it doesn’t really add up. Turnover is high, and many new hires don’t make it through the first year due to the fast-paced, high-burnout environment. Operations are centralized in Detroit, and growth opportunities are mostly limited to traditional banking. The company also has a strong focus on “woke” culture, which may not align with everyone’s preferences.

Explore other reviews about Rocket

5.0
Jun 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and a fantastic culture!

Cons

Long hours and always changing

2.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Health Benefits; Remote Availability; Base Salary

Cons

Leadership is lost, Heather Lovier at the helm is driving banking force to the ground. Many bankers going on leave and quitting. Constant change in comp plan for the worse in a difficult rate environment with high inflation in the economy is a recipe for disaster. Team leaders are scared of their own shadows, no say in direction while upper leadership stare at spreadsheets to make decisions instead of having a real pulse on what’s really happening on the front line. Banker morale at an all time low.

3
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