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
Nov 19, 2022

Low Life at Lower

Recommend
CEO approval
Business Outlook

Pros

They hired alot of people that were in the process of changing industries, so alot of friends that I could relate to were made. On site barber. Pool table and ping pong table if you had time to use them.

Cons

Honestly I just think the president and CEO knew the industry well enough to be successful, but just aren’t truly capable of making smart business decisions. The only prudent decision they made was the mass layoff to avoid completely going under, which I had to believe was forced on them (they did make sure to make it seem like it was termination based on performance, but hard to believe >75% of your workforce, some of which may have just gotten performance-based awards, are truly terrible employees). There’s definitely a lot of sunk costs they are dealing with (stadium, salary of on-site barber, lease for a lavish building that they have almost nobody in) that I can’t see them really having the ability to rebound from anytime soon. You never see or hear a single advertisement as outside of the likely very expensive stadium naming rights the only real marketing they do is pushing employees to reach out to friends and family/social media (the ole pyramid scheme method). It always had a feel of a company that was trying to be bigger then it was and the shortcomings were always pushed on the lower level employees. (Blaming employees for the fact that 1 in every 25 leads that they push you to take might be semi-qualified to purchase a home). Really the only survivors were the ones who were established in the industry and have since moved on/are in the process of moving on or the people who were willing to work in a very grey area (there are plenty of advisors that will pre-approve people they have no business pre-approving, which results in a lot of stress for all parties involved when a week before closing you’re short 10k+ on funds and other similar issues). I was relieved when I finally got let go and would advise anyone considering this company to reconsider. There are some five star reviews, but from working there I know just how many of this company’s 5-star customer reviews aren’t actually from customers at all.

1.0
Sep 6, 2022

Not bitter about it, just realistic

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people you work with are amazing. The experience I've gotten while I've been here will benefit me in my future roles.

Cons

Too many to name. the other reviews say it all. This company is crashing and burning and they do not care for their employees' well being . they use you until they get what they want and then let you go. 1 week severance for layoffs is honestly disgusting when you have coworkers who previously got laid off with 4 weeks. Sounds like are running out of money to me. The CEO seems to know what planet we are on half of the time and acts like everything is great. all of the social media posts and pictures are a joke. the only people that have good things to say about the company are the people who have been here since it started and have such high paying authoritative roles.

1.0
Aug 23, 2022

STAY CLEAR

Recommend
CEO approval
Business Outlook

Pros

non whatsoever. They will feed you lies. Frat house environment. Very uncomfortable place to work. You'll regret every minute spent here. Will do nothing for your professional development. They see you as a number and couldnt care about you as a person

Cons

i dont have enough time in my day to begin to tell you how awful of a place this company is to work for

Viewing 97 - 99 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.