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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
      1.0
      Jan 21, 2016

      No hope

      Customer service representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Compensation, there is plenty of over time if you are needing to make extra money. Coworkers, you're not the only one suffering.

      Cons

      Management is very disorganized and unprofessional. They do not value their employees. Will make you believe that there is room for advancement and growth. Make you work like a robot. No raises. With the exception of a few, there are some managers that are unapproachable and make it seem like they are bothered when you need help. Unless you really need a job do not work here.

      1.0
      Jan 7, 2016

      IT

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      They have a great cafeteria. Yes, it's that bad of a company.

      Cons

      No annual increases No increases when promoted No proactive thinking, everythig is urgent and rushed instead of planned. Managemet is overworked and has no time for employee mentoring.

      2.0
      Dec 17, 2015

      Overworked, underpaid and no structure

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      We all struggle together. Thats about it.poor pay, but you won't lose your job since everyone leaves. They'll need you.

      Cons

      Poor leadership, no growth path for hourly employees, poor salary, no training. Youre on your own.

      Viewing 1477 - 1479 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.