Lower reviews

3.6

58% would recommend to a friend

(684 total reviews)
avatar

Dan Snyder

73% approve of CEO

60% positive business outlook

Lower has an employee rating of 3.6 out of 5 stars, based on 684 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lower employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

684 reviews
1.0
Dec 13, 2022

Do not work here

Recommend
CEO approval
Business Outlook

Pros

Like almost all have said, the people that I have met while being here were and are still my best friends. Company cannot take credit for that though. It happened irrespective of the terrible company. Well... maybe they can in a sense, misery loves company and maybe that is why everyone (ground floor) became so close.

Cons

Cons... where do I start. Literally, cannot or do not feel like going through all them. They have been said much better than I can in other reviews. Anyone reading this, save your time and go elsewhere. Or until there is little to no one left in the upper management positions that were there pre 2022 where only the name is left. Probably should change the name after this now though too. To list a few: - Extremely unethical and immoral practices (encouraged to lie and deceit potential customers). -Terrible comp ( I was top 20 in sales in the company). Knew people at other companies during same time making 3x as much. They were not even close to top producers. -Incompetent management (nepotism no merit) - HORRIBLE BENEFITS (this cannot be overstated) - Terrible backend process -ALMOST all positive reviews are fake. They required new onboards, literally in the first week, to leave five start reviews. Not only employee reviews but customers as well. Huge amount of those were fake because they encouraged fake reviews from friends, family, multiple email accounts so you could get your bonuses. Really could name a lot more. *By the way, I am not a disgruntled ex employee who did not perform, got sacked, had a terrible relationship with people at the company and now am mad at the company. Without giving too much away, I moved up the company very quickly and was in the top 20 in production for the company as a loan advisor. I met my best friends and have have a better job. I left, on my own, as this company was terrible. This is just my honest review.

1.0
Nov 2, 2022
Recommend
CEO approval
Business Outlook

Pros

It's a conversation starter, so whenever you see people in public that used to work there you can both have a good laugh

Cons

They never gave any real training, no guidance, no one knew how to run a 4 person team. It was always all gas no breaks. So when it became harder to sell such as interest rates increasing no one knew what to do. Management made everyone minimum wage and turned off the leads waiting for people to start dropping off. And they did.

1.0
Oct 1, 2022

Sinking Shipping

Recommend
CEO approval
Business Outlook

Pros

Culture, when times are good, is excellent. Pay and benefits are also competitive, though not right now

Cons

Well the biggest drawback is that this company is either heading towards shutting the doors, or being bought out by someone. There is no future for Lower.com as it is. They have very cleverly laid off about 90% of the workforce, but have done it in such a way to avoid publicity. They’ve done so much cutting that the actual talent backbone of the company is now gone. I believe the strategy is to basically hunker down until the market recovers. Even if that is successful, all their talent will be working for the competition by then and it will be an uphill battle to gain any market share. If they survive of course…but that’s not looking good

Viewing 46 - 48 of 684 Reviews

Glassdoor has 719 Lower reviews submitted anonymously by Lower employees. Read employee reviews and ratings on Glassdoor to decide if Lower is right for you.