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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 category

      3.7

      Diversity & inclusion

      3.2

      Culture & values

      3.0

      Compensation and benefits

      2.9

      Work/Life balance

      2.9

      Career opportunities

      2.8

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      1.0
      Sep 17, 2016

      Manager

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Cafeteria and gym and co workers

      Cons

      No work life balance,

      3.0
      Sep 15, 2016

      Disenchanted

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Company is growing and hiring more staff, so layoffs are unlikely. Still relatively small, so there are opportunities to acquire skills that would take many more years in a larger company.

      Cons

      Management is not generous with sharing the benefits of growth. No increases in pay, sometimes for years, even with a promotion, it is entirely discretionary and every pay increase has to be approved by the President! Bonuses for ordinary employees are paid out at less than target. Benefits are very expensive.

      1.0
      Sep 12, 2016

      Not much room for growth

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      There is a cafeteria, a gym, and they have a lot of company sponsored events for employees throughout the year

      Cons

      Totalitarian environment. Micromanaged everything... the CEO had a mentality that if he pays you, you do what he says period. No room for discussion. I am an employee and yes I am supposed to take orders but I think as a leader you have to care about how your subordinates feel and what would make them the best employees.

      Viewing 1447 - 1449 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.