Does Purpose Financial pay their employees well?

According to anonymously submitted Glassdoor reviews, Purpose Financial employees rate their compensation and benefits as 2.9 out of 5. Find out more about salaries and benefits at Purpose Financial. This rating has decreased by 8% over the last 12 months.

How satisfied are employees working at Purpose Financial?

54% of Purpose Financial employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Purpose Financial 3.6 out of 5 for work life balance, 3.6 for culture and values and 3.0 for career opportunities.

What are the top reviewed jobs at Purpose Financial?

Analyst (3) , Human Resources (3) , Assistant Manager (2) , Data Scientist (2) , Director (2) , Manager (2) , Regional Compliance Specialist (2) , Store Manager (2)

What are the pros of working at Purpose Financial according to real employee reviews?

"Diverse culture and great team work" ((in 4 reviews)); "The people you work with day to day are great." ((in 4 reviews)); "Good work life balance here" ((in 2 reviews))

What are the cons of working at Purpose Financial according to real employee reviews?

"Local leadership doesn't always have the final say, and that creates a culture where "that's above my pay grade" is the default answer to everything." ((in 3 reviews))

What are the top reviewed Purpose Financial locations?

Spartanburg , Greenville , Wilmington , Chicago , Illinois City , Brooklyn , Waterford , Dallas , Indianapolis , Cincinnati , Los Angeles , Elkton , Lancaster

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Purpose Financial

Purpose Financial reviews

3.4

54% would recommend to a friend

(63 total reviews)

Jessica Rustin

86% approve of CEO

60% positive business outlook

Ratings by category

4.1

Diversity & inclusion

3.6

Culture & values

3.6

Work/Life balance

3.2

Senior management

3.0

Career opportunities

2.9

Compensation and benefits

Purpose Financial has an employee rating of 3.4 out of 5 stars, based on 63 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Purpose Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

63 reviews

5.0

Apr 12, 2024

Great company to grow

Lead software engineer

Recommend

CEO approval

Business Outlook

Pros

Great company, great benefits, remote work available, great diversity and inclusion

Cons

Less time off available for the first 5 years,

Purpose Financial Response

Thank you for your positive review as a Lead Software Engineer! We're delighted to hear you value our benefits, remote work flexibility, and commitment to diversity and inclusion. We acknowledge your feedback about PTO and continuously evaluate our time-off policies to ensure they meet our team members' needs.

5.0

Apr 5, 2024

Great Company. Great People.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Great leaders, co-workers and customers. Alignment from the top down. Love the culture and values. Fair compensation and benefits. Generous paid time off.

Cons

Lots of change - Hard to stay in the know sometimes.

Purpose Financial Response

Thank you for your incredible 20 year commitment to Purpose Financial! We're honored by your positive feedback about our leadership, culture, and values. Your perspective on our compensation and benefits is particularly valuable. We hear you about keeping up with changes and will continue focusing on clear, transparent communication across all levels.

4.0

Mar 18, 2024

Good Company

Director

Recommend

CEO approval

Business Outlook

Pros

Inclusive Culture. Subsidiary of large multinational company.

Cons

Period of transition. Decision making is sometimes made in a silo.

Purpose Financial Response

Thank you for your feedback as a Director. We appreciate you highlighting our inclusive culture. Your observation about siloed decision-making is valuable feedback. As we navigate this transition period, we're committed to improving cross-functional collaboration and communication.

Viewing 22 - 24 of 63 Reviews

Jobs at Purpose Financial

Collections Data Analyst

Data Operations Engineer

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Purpose Financial reviews

Ratings by category

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Great company to grow

Great Company. Great People.

Good Company

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