RateGenius reviews

2.6

24% would recommend to a friend

(33 total reviews)
avatar

Seth Meyer and Jeff Hutcheson

12% approve of CEO

22% positive business outlook

Reviews by job title

33 reviews

Reviews about "Compensation"

Return to all reviews
4.0
Jan 20, 2015

Sales is sales

Recommend
CEO approval
Business Outlook

Pros

Very aggressive comp plan. Get all major holidays off. Great group of people. Free health insurance. Free Red Bull and snacks. And a few people make over $10k a month in sales.

Cons

Commission only. They say they are family oriented, but its structured in sales to where taking even a week off for vacation could cost you $5,000 in lost commission between 2 months. But you make enough that if you work 50 hours a week and are a capable closer, that you can afford to take the loss if you are desperate for a week off. Not many people do this. The income opportunity may be dwindling ever so slightly, but its still a $4-$7k a month job. If you are making $4k, they will put you on notice and threaten to take away the opportunity though. High turnover lately, didn't seem like that when I started.

4.0
May 2, 2014

Eat what you kill!

Recommend
CEO approval
Business Outlook

Pros

Extremely dynamic and fast paced work environment with a very, very aggressive compensation structure. There is a semi-casual office atmosphere and a definite since of comradery shared amongst the sales force. Constantly incentivized by "spiffs" on a daily, weekly, and monthly basis that meaningfully impact one's paycheck. There is a very direct relationship between one's effort and one's earnings on a monthly basis. Free lunch occasionally, company events, great location. Almost always hire based on referrals and ALWAYS promote from within. VERY TRANSPARENT with employees which is GREAT!!!

Cons

Average benefits, 6-8week ramp for sales person, 100% commission, and a rigorous amount of hours required to achieve accelerated commission payouts. That being said, you are rewarded monetarily for your effort. Management is redundant, negative, and un-open to suggestions. VERY little tolerance mistakes, and there is relatively high turnover as a result. Limited opportunity for meaningful advancement (monetarily).

4.0
Apr 24, 2014

Fast Paced

Recommend
CEO approval
Business Outlook

Pros

-always busy -constantly changing - Great Product -great company reputation - Great people -most of the managers are cool and have done well as Loan officers, most are extremely helpful -opportunity to make alot of $

Cons

- always negative talks and meetings constantly talking about how behind everyone is and how were not performing high enough, even when most people work 10-12 hours a day rarely take lunches or breaks. -100% Commission -Coming in early for training 2-3 days a week, over and above the 10-12 hour workday ahead.

Viewing 31 - 33 of 33 Reviews

Glassdoor has 133 RateGenius reviews submitted anonymously by RateGenius employees. Read employee reviews and ratings on Glassdoor to decide if RateGenius is right for you.