Figure reviews

3.7

66% would recommend to a friend

(236 total reviews)
avatar

Michael Tannenbaum

81% approve of CEO

67% positive business outlook

Figure has an employee rating of 3.7 out of 5 stars, based on 236 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Figure employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

236 reviews
1.0
Dec 5, 2024
Recommend
CEO approval
Business Outlook

Pros

No Dress Code 2 Days Hybrid depending on your schedule ( But they find every excuse to come in the office for things that can be done at home) Snacks ( Only because i can't think of anything else)

Cons

-management doesn't stand up for the representatives and doesn't really know much. -The company's EVP of operations has destroyed the fantastic morale that existed before he joined by unnecessarily micromanaging and a hostile workplace. -The EVP of operations is the reason for the high turnover rate. The senior leadership team appears to be diverse, yet they are not -Low compensation and the requirement to perform 2-3 roles - Every 3 month shift bid, which is was not disclosed when hired This is not a company to work for long term at all very much entry level

avatar
Figure Response
1y
Thank you for sharing your feedback - we’re truly sorry to hear about your experience. We understand how important it is for employees to feel supported, and we strive to create an environment that fosters clarity, communication, and fairness. Our goal is to set clear expectations around job responsibilities and compensation during the interview process. While shift bids are generally planned for every six months, they may occur sooner based on business needs. We take your concerns seriously and remain committed to continuous improvement and open dialogue.
2.0
Nov 13, 2024
Recommend
CEO approval
Business Outlook

Pros

- coworkers are great! - snacks are good - insurance is paid for or affordable if you want a better plan - hybrid

Cons

- No 401(k) match - Same starting pay since 2019, little pay increase - WFH eligibility and schedule preference is based on performance - Constant change in KPIs that aren’t communicated before hand - Reactive not proactive - The OMs say they’re transferring our feedback along but I’m not sure if it’s true - No parking - Not enough PTO or sick time

avatar
Figure Response
1y
We appreciate you reaching out and value your feedback. We understand your concerns regarding benefits and compensation and appreciate the opportunity to address them. While we are not currently offering a 401(k) match, we remain committed to providing a competitive benefits package. This includes comprehensive healthcare coverage, mental health support, paid time off that increases with tenure, and additional perks designed to support employees and their families. We recognize that certain policies, such as shift bidding based on performance, may present challenges. However, they are intended to create a fair and rewarding work environment. We continually evaluate our policies to ensure they align with employee needs and business goals. We appreciate your input and remain dedicated to enhancing our workplace experience. Thank you for taking the time to share your thoughts.
2.0
Jul 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Paid insurance, parking garage, Reno office.

Cons

If you plan to work in the Charlotte office beware. They are strict on the Charlotte office because they use it as the face of company, so all eyes are on you, the freedoms you think you will have when you start working are non-existent. The company has been through many reorganizations with no clear directive. This creates instability with the jobs they offer, but management will sit back and blow smoke about how you have nothing to worry about after watching a whole department get cut within 24 hours. The constant jump in KPI's is designed to keep the bottom at the bottom and the top at the top. All perks are based on performance, doesn't matter how long you've worked there, your compensation and title could stay the same just because you aren't over exerting yourself. They don't know how they want to promote, and on a good day they preach high performers, and next they want you to engage with coworkers, but then end up promoting individuals who are just management favorites with no real qualifications who have never engaged or been helpful. If you are knowledgeable they'll give you responsibilities but if you aren't playing within their social network or being a brown-noser you will just become their mule who they give responsibilities to but you'll continue to stay where they want you which is typically at the bottom. Their hybrid policy is assigned, be aware they will want you in office the same days as your manager so there is no flexibility. You will get stuck with a schedule you do not want especially being fresh out of training. They've incorporated inconvenient schedules for the sake of helping their customer base and to help with the MILLIONS of funded loans, but these same schedules do not provide adequate work life balance. Another point to the MILLIONS funded, they can't seem to scrape up a couple of coins to give their representatives who do all the leg work pay increases simply because they meet "market standards" in regard to income. But there are companies paying more with their employees doing less as we speak, FULLY remote, I might add. Management acts like its life of death for employees to be in office, meanwhile looking you dead in your face/ignoring your presence when around everyone. This point goes more to the OPs managers and higher who feel being in office will build their teams, but sit at their desks with their mouths shut listening to everybody's business or talking amongst themselves. The managers, can and will be immature and messy. As a leader you are supposed to lead your team and make yourself available to everyone you manage, but they will quickly pick favorites and cater to those individuals. Then there's the other side of the coin with managers being MIA, all while being in office and present. If you need assistance or guidance from those particular managers, good luck, you might get a response within 48 hours. By that time the Titanic has already sunk. If you are just there to work and go home and aren't interested in socializing with them, good luck with getting the attention and assistance you deserve. When process changes happen they are not communicated in a timely manner or even at all, and so when a mistake is made on your part as an agent, because you weren't given the proper guidance, your quality assurance score is put in jeopary and management looks at you like you're stupid as if you were supposed to read their mind. The company has engagement surveys that allegedly lead to change, but what really happens is leadership will take the results from those surveys and twist them to make changes that fit more with their narrative, nothing to do with what might actually be best for their representatives. They don't invest in their representatives like they should. No updated company swag has been provided, just given out once when you are first brought on in training. Very few catered lunches, office events, etc. But you better believe their salaried employees get all this and more. You could be thinking what's the big deal, aren't most companies this way? I would agree with you, but the point of this is to just make you aware of the goings on, it's still your choice to apply or not. Happy hunting.

avatar
Figure Response
1y
Thank you for sharing your experience with us. We truly value your feedback and are sorry to hear about the challenges you encountered. We understand how important it is for employees to feel supported and heard, and we’re committed to improving in these areas. We’re actively working to improve our processes for greater clarity and consistency, while also creating more opportunities for open communication and transparency. We recognize that navigating change can be difficult, and we appreciate your time and insights as we continue to gather feedback for improvement. We understand that it can be frustrating when expectations don’t align with experiences. Please know we are focused on enhancing support and ensuring that all employees have the resources they need to succeed. Your feedback plays a vital role in helping us create a better workplace, and we’re committed to continuous improvement.
Viewing 31 - 33 of 236 Reviews

Glassdoor has 240 Figure reviews submitted anonymously by Figure employees. Read employee reviews and ratings on Glassdoor to decide if Figure is right for you.