PENNYMAC reviews

3.0

46% would recommend to a friend

(1,564 total reviews)
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David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,564 company reviews on Glassdoor which indicates that most employees have an average working experience there. The PENNYMAC 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

2K reviews
3.0
Jun 22, 2023
Recommend
CEO approval
Business Outlook

Pros

Remote, good benefits, good medical.

Cons

Micromanaging, quick changing managers, too many meetings.

3.0
Jun 22, 2023

Flexible

Recommend
CEO approval
Business Outlook

Pros

I love being able to work from home

Cons

WFH is only on a hybrid basis for my dept.

3.0
Jun 20, 2023
Recommend
CEO approval
Business Outlook

Pros

I loved my coworkers and boss! Great environment, they constantly give gifts. You have all federal holidays off.

Cons

They don’t believe in raises. You’re never going to be in the same finance situation years later. The only way to make additional comp was to work OT.

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PENNYMAC Response
3y
Thank you for your review of Pennymac. We appreciate your feedback and are thrilled that you had a positive experience with your coworkers and boss. We strive to create a great work environment, and we are glad that it was reflected in your time with us. We understand your concern about the lack of raises and how it might impact you. We want to assure you that we value our employees and their hard work. While raises aren't always available, we are open to feedback and continue exploring ways to improve our employees' overall compensation package. We believe in creating fair and rewarding opportunities for our staff as they grow with us. We are committed to promoting a culture of learning and development where employees can evolve and advance their careers. Once again, we appreciate your sincere feedback and willingness to share your thoughts. Your review helps us identify areas where we can improve and ensure that we continue to provide a positive and supportive work environment for our employees. Should you have any further suggestions or concerns, please don't hesitate to reach out to employeerelations@pnmac.com. We value your contribution as part of our team.
Viewing 328 - 330 of 1,564 Reviews

Glassdoor has 1,680 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.