Lower reviews

3.6

58% would recommend to a friend

(684 total reviews)
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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
3.0
Feb 6, 2019
Recommend
CEO approval
Business Outlook

Pros

Lower was a great company to work for in many respects. Culture was great, and for the most part it was fun to go to work every day. Training was a top priority and almost every day of the week there was some type of employee development, whether it was industry-related or just personal/professional.

Cons

You are in the office 9-6 most days, which doesn't leave much time for family life. And of course, clients call you 24/7, which would be fine if you could clock those hours while you're fielding those calls, but you're advised not to by some managers. If you are young and don't have a family, this might be a good fit for you. My pay structure changed 4 times in the 1.5 years I worked at the company, which to me, says the company was a little lost. I hope that it has since figured things out and will give its employees better expectations of their compensation. I was also extremely bored the last 5 months of my time there. The company seemed to have stopped buying us leads (they stated that they still were, but that because of external factors, our clientele just weren't as interested in refinancing or purchasing at that time, which can happen in the industry). There also seemed to be a lot of favoritism and slight nepotism (in the sense that they favored those who had been with the company the longest, and not necessarily basing their favoritism on merit) and even at times veterans were given cherry-picked leads while the "newer" (those there less than 2 years, say) ones were hoping and waiting for new business to come through. The company seemed to try to grow too quickly and had to backpedal when low conversion on leads meant they had to change pay structure from base plus commission to commission only, thus weeding out anyone who was just starting out or had lower volume in sales.

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Lower Response
6y
Thank you for your feedback! We are continuously looking for areas of improvement. Although there are changes within the company, it is crucial in order for company growth. Since we allow our employees to clock their own hours manually, it is highly encouraged to enter in all time that is worked so that you are paid properly. In addition, we operate on a draw, which means that you receive your base rate or commission, whichever is the greater amount. This means that if you exceed your base amount in commissions for pay period, you will receive your commissions. Overall, we are very open to receiving feedback on business operations. If you have any additional feedback or areas of improvement, please let us know!
5.0
Feb 6, 2019

Love LOWER! Amazing Company!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lower is an amazing company to gain experience and grow your career with! There is an open door policy and upper management truly respects and listens to the feedback from there employees. There is also lots of room for upward mobility and promotion from within.

Cons

There are no cons that stand out to me. Improvement with 401K match but that will come as company grows.

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Lower Response
6y
We appreciate your feedback - Thank you!
5.0
Jan 28, 2019

Excellent place to start or build upon you career

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company is growing really fast People here are genuine and compassionate Fun, tech environment and culture Large, airy office with lots of natural light Diverse product offering Good compensation and benefits Lots of room for career growth

Cons

401k matching can improve a bit

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Lower Response
7y
Thanks for the review! We appreciate your feedback and will continue to use it to innovate and make Lower a Best Place to Work.
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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.