RateGenius reviews

2.6

24% would recommend to a friend

(131 total reviews)
avatar

Seth Meyer and Jeff Hutcheson

12% approve of CEO

22% positive business outlook

RateGenius has an employee rating of 2.6 out of 5 stars, based on 131 company reviews on Glassdoor which indicates that most employees have an average working experience there. The RateGenius employee rating is 30% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

131 reviews
5.0
Feb 17, 2015

Best Job I've Ever Had

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A sales job where you actually get paid what you're worth. The ones that aren't good sales people and don't put in the effort make $3-4k a month. The ones that are average make $4-8k. The good sales people that put in the effort make up to $12k. A company with integrity and a great service that actually helps people. A lot of fun when firing on all cylinders. Work goes by quickly at this fast of a pace. Great leads.

Cons

Extended vacations can be difficult on the pockets but shorter ones are very doable.

1.0
Dec 16, 2023

Terrible

Recommend
CEO approval
Business Outlook

Pros

Good money when there are actual leads

Cons

Hated working here. Pay was inconsistent. Leads were few and management is incompetent

4.0
Jan 11, 2023

Useful for job experience/knowledge in Refinance but not a career.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Friendly atmosphere among workers as we were all there to get the job done. A couple of managers there do actually want you to succeed as an employee and will try to set you up for success. With the experience I had at this company, the future of the company was bright with the correct changes being made and/or discussed. There was a merger and it seemed to shine a light on the problems; like the underlying issues were actually being addressed and solutions were being implemented that would grow the company. The benefits were okay and stayed strong through COVID despite it being a turbulent time, and they actually started to address pay structures and fair pay across the board.

Cons

A couple departments are run with nepotism, and there seems to be a communication disconnect between departments as well. Despite being told we were all on the same team with the same goal (to help customers), the overall structure of the company suffered as each team was 'pitted' against each other. Promotions were given based on who you know / are related to, not your merit/experience or even work ethic. Sure, some of the management does try to further you as an employee, but it's hard not to see that management in certain places are related and/or close friends. Even if you're the best worker and a really good fit for a promotion in your department, don't expect a raise/promotion within your first 5+ years because there seems to have been an idea that you have to "be there a long time to be considered for the role". Even if they have to fill the position ASAP, they will promote someone will time over knowledge/experience nearly every time. Sales runs the entire company as they make the money and all others are seen as a detriment despite cleaning the work up to get funded. The sales team has a high turnover as they do have a heavy load to work with, but the missing/incorrect pieces are frequently picked up/cleaned up by later stage departments. A recent merger threw a wrench in the works, which paired with a downward trend in the industry, led to mass layoffs across the company. I cannot blame the company if the potential for the company to fail was on the line, however you cannot just say 'our future is fine and we're doing better than the average', but then lay off most of your workers. Until the market is better and the federal reserve decreases the rates, don't expect a career at this company. Even if the economy recovers, you may end up being a bandaid to a deep cut. With that being said, growth is stifled and hard to come by without the correct manager leading you; you will probably even face difficulty being led by one of those correct managers.

Viewing 16 - 18 of 131 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.