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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
      3.0
      Sep 23, 2017

      Manager

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Advocate for process improvement

      Cons

      Negotiate your salary high coming in as increased in promotions are low

      3.0
      Sep 17, 2017

      No Salary Raises! Can't Save More Than 6 Sick Days, Ever

      Correspondent lending
      Recommend
      CEO approval
      Business Outlook

      Pros

      its a nice building. thanks.

      Cons

      Stop sending announcements saying how PennyMac is beating records, etc. If PennyMac is doing so great, start giving raises. How do you expect people to stay working here and tell them you only get a raise if you get promoted! Promotions are rare. Why can't we save more than 6 sick days? After that, you never accumulate any more. You are encouraging people to call in sick. You don't pay us for the sick days if we leave the company, so let us accumulate hours if we are not using them, what's the harm? I watch coworkers call in sick 6 times a year, every year. I never use sick time, yet I only have 6 days on the books after many years of working here.

      1.0
      Sep 13, 2017

      meh

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      pantry, benefits are ok I guess...

      Cons

      everything else. Poor vacation time. Little room for growth

      Viewing 1393 - 1395 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.