OneMain Financial reviews

3.0

43% would recommend to a friend

(1,007 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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4.0
Aug 19, 2024
Recommend
CEO approval
Business Outlook

Pros

After 2 years at the manager level, vacation policy is 20 days. Volunteer hours -3 days. 12 weeks of maternity leave. ESPP - 10% discount. Able to change positions within the accounting department at your same level. Teamwork is prevalent, people are not slackers. One month of work from anywhere in the USA. Community give back initiatives are pretty neat.

Cons

It is very hierarchical. I feel decisions are taken only by the head of the department. Bonus seems to be decreasing instead of increasing. Annual salary increases are only 2%. After manager, there is no clear path forward or timeline. People stay for long years, so you need to wait for someone to die or retire in order to advance. Work-life balance depends on the group - if you are tie to the month end process, your first week of every month is pretty long (but that may be true in every company). Other groups WLB is pretty good. Changing positions outside accounting is not common or supported.

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OneMain Financial Response
1y
Thank you for this positive review and feedback. We're committed to providing training and resources to empower all team members to take charge of their personal growth and development. Team members are encouraged to speak with their managers to discuss their personal preferences. -ck
3.0
Aug 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Great bonuses and fun connectivity days

Cons

Micromanaging and favoritism to certain employees

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OneMain Financial Response
1y
Thank you for your review and feedback. We strive to provide a positive work experience for all of our team members. We encourage our team members to discuss concerns with their managers or HR Business partners. - ck
1.0
Aug 16, 2024
Recommend
CEO approval
Business Outlook

Pros

It is a job atleast.

Cons

I started working here on July 2021. In that time I have seen one raise. I have seen no promotion for myself or anyone else on my team. There has been colleagues hired after me that make the same base pay as I do. When you get hired they tell you that weekends and late days are as needed. What they don’t tell you is that one Saturday a month is mandatory and one/two late nights a month are mandatory. They hire you as a loan officer but make you do collection calls even though they have a complete department for that. Policy changes every month so you’re always wrong in your procedures. Corporate has no pathway to getting into corporate

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OneMain Financial Response
1y
We're committed to providing training and resources to empower all team members to take charge of their personal growth and development. Team members are encouraged to speak with their managers to discuss their personal preferences. - ck
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