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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      44% would recommend to a friend

      (1,560 total reviews)
      avatar

      David Spector

      51% approve of CEO

      46% positive business outlook

      Ratings by demographic groups

      PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,560 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
      5.0
      Jan 21, 2019

      Excellent Culture, Excellent Company

      First vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      PennyMac provides a positive and productive work environment. It is structured to allow people to work independently on their daily tasks while making sure we are putting borrowers into the best loans possible.

      Cons

      Continue to work and improve technology.

      2.0
      Jan 16, 2019

      A job with a check

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Payroll on time bi monthly

      Cons

      Management is horrible. Buddy system in full effect for promotions. No raises! Paid bi- monthly.

      3.0
      Dec 20, 2018

      Reviewer

      Reviewer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great people to work with. Occasional perks pertaining to food. Good business culture/involvement. Lots of work, more business than other companies. No real layoffs or closures.

      Cons

      No raises. No ability to move around to other positions within the company. Constant reduction/restructuring of bonus plans. No real breaks/lunches. No consistency with perks across all offices; meaning if one office gets one thing the others do not - like holiday events. You cannot express how you really feel about things - only positive things can be said - or else you're viewed as a problem. One has to be "fake", a Stepford employee.

      Viewing 1309 - 1311 of 1,560 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,675 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.