OneMain Financial reviews

3.0

43% would recommend to a friend

(1,006 total reviews)

Doug Shulman

51% approve of CEO

47% positive business outlook

Reviews by job title

1K reviews

Reviews about "Compensation"

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2.0
Mar 29, 2025
Recommend
CEO approval
Business Outlook

Pros

Vacation time, benefits, VIP bonus

Cons

No work life balance, targets are unattainable

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OneMain Financial Response
1y
Thank you for taking time to leave a review. We recommend sharing this information directly with your manager or Human Resources. - ck
3.0
Mar 28, 2025

Good company to gain knowledge

Recommend
CEO approval
Business Outlook

Pros

- Benefits are great, especially vacation time. 5 sick days per year, along with 2 personal days in addition to your vacation time as well. - Monthly bonus - Schedule is consistent for most part. 8:30-5:30 PM Monday - Friday. Some late nights & Saturdays throughout the month are to be expected due to business need.

Cons

- Unrealistic targets each month. Year over year target increases are astronomical. If branches are short staffed, doesn't matter. - Flexibility will depend on your management & your office. Some have it good, while others have it horrible. - Pressure to sell insurances on every single loan. If your numbers fall below the minimum requirement, you are looked at under a microscope until you get out of it, even if you've done good for many months prior.

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OneMain Financial Response
1y
We encourage you to speak with your manager or with Human Resources. - ck
3.0
Mar 26, 2025
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Decent base pay. Bonus potential and OT (OT availability was cut company wide towards the end of my tenure). From what I saw promotion from within seemed to be the common practice at the branch through upper branch management levels.

Cons

Mandatory to work at-least on day a week late. half day's on Saturdays were expected if delinquency was high. Was told during an annual review by my manager during my last year before quitting that I would not be receiving any more annual raises unless I acquired an insurance license and was promoted to a senior loan specialist, A role that held no change in pay or job duties and had no way to guarantee getting promoted to. Frequently changing company policies can be annoying to keep up with and were almost always changes that made usually simple tasks more complicated or tedious. The company really wants you to push high interest auto loans that almost always involved the customer refinancing their current auto loan into a new loan with a higher interest rate to get cash out, a lot of the time these are a bad deal for the customer. You would be expected to make a genuine effort to sell this even if the customer qualified for the same amount without having to put up collateral at all.

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OneMain Financial Response
1y
If you would like to provide more information, please contact hrsocialmedia@omf.com - ck
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