PENNYMAC reviews

3.1

47% would recommend to a friend

(1,564 total reviews)
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David Spector

54% approve of CEO

48% positive business outlook

PENNYMAC has an employee rating of 3.1 out of 5 stars, based on 1,564 company reviews on Glassdoor which indicates that most employees have a good 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
Mar 27, 2023

Not terrible, not great.

Recommend
CEO approval
Business Outlook

Pros

Great benefits, move up quickly

Cons

Monitors for productivity and activity,unrealistic expectations of a workers in a hybrid environment, when the company starts declining they will pile even more work on you that was never part of your role as layoffs happen and then be frustrated when results are not instant, racism, supervisors withhold information you need to do your job and compete to get one over on each other in the eyes of their supervisors, other peers get visibly angry when you need help from their line of business, promised raises that never happen, you’ll be salary but you’ll definitely be working more than 40 hours a week if upper management decides that some arbitrary investigation need to happen, really weird culture overall, people are nice to your face but that’s about it.

2.0
Mar 24, 2023
Recommend
CEO approval
Business Outlook

Pros

Catered lunch was nice during Covid

Cons

No business, they let the entire department go.

Viewing 376 - 378 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.