Happen Bank reviews

3.6

69% would recommend to a friend

(993 total reviews)
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Scott Sanborn

75% approve of CEO

67% positive business outlook

Happen Bank has an employee rating of 3.6 out of 5 stars, based on 993 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Happen Bank 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

993 reviews
1.0
Sep 27, 2018
Recommend
CEO approval
Business Outlook

Pros

Good camaraderie amongst team members because you are all dealing with the same mentally exhausting and demanding work

Cons

-DO NOT allow recruiters, or even your lack of employment, to sway you into applying for the member support position. The company (recruiters, trainers, managers, supervisors) will lie to you by saying that you will have many opportunities to "advance" your career at LC. However, nothing can be farther from the truth. The only opportunities are other meager-paying positions within the Operations Department, all not living and sustainable in the expensive Bay Area. They say that you can apply anywhere in the company if you perform well in your role, but that is bogus. Think about it: if you're a top performer, why would the Operations Dept management want to lose you to another department, even though it may provide you with better career advancement. And that is questionable in of itself due to the fact that the Federal Trade Commission is suing the company, the stock price is way low, and the entire company is basically coasting on autopilot since they fired their founding CEO in 2016. (The firing was deserved however regarding a governance scandal over falsified loan data, but that's a different story.) -MS agents are measured on customer satisfaction (CSAT) surveys, average handle time (AHT), and availability; they also rank you amongst all the other agents. CSAT surveys are very subjective and unfair because the agents may be providing superb service but because the company's misleading policies and tactics are making the customers mad, these emotion-driven individuals will give BOTH the agent and company poor survey responses. Also, you are set up to fail: work at providing great customer service and your AHT goes over. Rush through a call so you can meet AHT metrics, but then the customer gives you poor survey responses. The availability metric means you are practically chained to your desk. You have to take your breaks at scheduled times; any time you are unavailable outside of them, even for using the bathroom, will count against you. If a call goes into your break or lunch, you can still take the full 15-min break or 1-hr lunch, but the time that goes into your scheduled availability afterwards counts against you. Because it's against the law to tell you not to take your full 15-min or 1-hr, they won't do so. But by taking a full break/lunch, it will count against you. And they do measure the time down to the second. -Calls are back to back to back to back, with only 30 secs allotted for you to case and write down call notations, which will increase your AHT. Any time over 30 secs will hurt your availability.

2.0
Aug 8, 2018

Way too political and chaos

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The benefits showed that the company cared for their employees.

Cons

Everything got too political. Additionally, way too much change in a short amount of time. You didn't know what your job function was going to be or if the projects you were working on would be prioritized. HR failed to listen to employees about issues with management. New senior management was brought in and appears to be clueless on how to grow the business. Middle management is already turning because they are rats. Awful culture.

2.0
Apr 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Benefits are awesome. Can't beat what they have to offer compared to most companies and this is mainly why I am still here.

Cons

As much training and tools the company has to offer to employees, there is a lack of consistency and not much empathy for employees and their well being as we work for the company. I say this because those in Operations go through alot by taking some challenging calls. For the amount of time I have been in the company so many have been terminated left and right for many various minor and major reasons. I feel there is a lack of protocol when the company does this. It causes major anxiety and stress to those in the certain department and makes one feel disturbed. I feel that upper management are very pretentious and have lack of of being genuine to those they lead. They are their mainly just for their job and themselves. Everything is based off metrics which is understandable to understand the success and performance of an agent but it can lead to hidden pressure that no one talks about and can make an agent feel degraded, especially if they are trying their best. For anyone taking the Payment Solution Specialist role, beware and proceed with extra caution.

Viewing 37 - 39 of 993 Reviews

Glassdoor has 1,021 Happen Bank reviews submitted anonymously by Happen Bank employees. Read employee reviews and ratings on Glassdoor to decide if Happen Bank is right for you.