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Lender Processing Services

Acquired by Black Knight

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Lender Processing Services reviews

2.8

40% would recommend to a friend

(8 total reviews)
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Hugh Harris

43% approve of CEO

14% positive business outlook

Reviews by job title

8 reviews

Reviews about "Diversity & Inclusion"

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3.0
Aug 5, 2014
Recommend
CEO approval
Business Outlook

Pros

Before the layoffs started, the environment was relaxed and a fun place to work. Supervisors were very encouraging and did their best to help out their workers. Work experience you gain is valuable because you interact with clients over the phone and via email. You also get office experience. It is very easy to get hired here. As long as you have a college degree, you are almost guaranteed to be hired if they like you. The potlucks we did were a lot of fun. Annual perks for employees include: free Pirates game, Thanksgiving dinner, and $100 gift card.

Cons

No pay raises whatsoever. Company had not given a pay raise for 5 years when I joined the company in 2013. You could see the effect this had on some people's motivation after a while. When work got busy, they would give out mandatory overtime. Company often seemed more concerned with numbers than quality of production. There is nowhere to move up the ladder in this company except for the few supervisor positions they have, and as a result, turnover was pretty high for an office job. When the layoffs started, the environment became tense and cliques formed among different groups of employees. Supervisors developed favorites but tried to fake that they appreciated everyone the same. (The only one who didn't do this was the document preparation team supervisor. He was probably the best manager/supervisor in the entire office because of how fair and genuine he was.) The manager of the escrow department would inform everyone during the layoffs in carefully worded emails that they were all safe while layoffs continued almost every week.

2.0
Sep 15, 2013
Recommend
CEO approval
Business Outlook

Pros

The best thing about this place was the day I got laid off.

Cons

It used to be a great place to work...but it went downhill very fast. Management lies and plays favorites. Benefits are horrible...pay is even worse. My bosses were horrible to me even though I rarely called in...as in maybe one or two times a year total. Most management has less education than rep level employees. Constant rumors about layoffs. They stopped doing the little things that make work fun and then had things to say when morale was low.

3.0
Jul 20, 2013
Recommend
CEO approval
Business Outlook

Pros

Interesting work Great co-workers Good location They gave employees severence pay in recent lay off. Not many companies do that these days.

Cons

Advancement opportunities depend on who likes you. There is too much favoritism and many 'cliques'. Mangment gossips and talks about each other. Little job security. People who worked hard and were loyal to the company during a recent business model transition were subsequently laid off. Low wages and no increases. People went years without raises. Bonuses, health care, time off and benefits are often cut. No ongoing training and development of managment teams.

Viewing 1 - 3 of 8 Reviews

Glassdoor has 242 Lender Processing Services reviews submitted anonymously by Lender Processing Services employees. Read employee reviews and ratings on Glassdoor to decide if Lender Processing Services is right for you.