Lower reviews

3.6

58% would recommend to a friend

(188 total reviews)
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Dan Snyder

73% approve of CEO

60% positive business outlook

Reviews by job title

188 reviews

Reviews about "Compensation"

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5.0
Mar 5, 2019

Lower - "Voted Best Place to Work" for a reason

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great culture that makes work something to look forward to every day. Management is always looking into ideas and strategies to improve.

Cons

401K match. Quarterly bonus, instead of monthly.

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Lower Response
7y
Our team is very motivated to make improvements and welcome any suggestions you may have!
5.0
Feb 26, 2019

Awsome place to work!

Recommend
CEO approval
Business Outlook

Pros

Environment is fun and energetic, Management is superb, Compensation is excellent, and the company seems to be heading in the right direction.

Cons

Been here for almost two years and honestly have not found any issues.

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Lower Response
6y
Thank you for taking the time to leave your review!
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!
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