Rocket reviews

3.4

52% would recommend to a friend

(5,628 total reviews)
avatar

Varun Krishna

65% approve of CEO

48% positive business outlook

Rocket has an employee rating of 3.4 out of 5 stars, based on 5,628 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Rocket 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

6K reviews
1.0
Nov 26, 2011
Recommend
CEO approval
Business Outlook

Pros

The training is outstanding. They really do teach you valuable information about the mortgage industry, how to sell, test taking techniques, all the while being paid to take your licenses. That must cost the company a pretty penny. This is stuff you can use for the rest of your life and i still use today. Benefit package is good, but you don't have time to use them. Work culture is fun , if you're willing drink the Kool-Aid. It's also cool being around people your age and all having a common goal.

Cons

Once you "graduate" from their quicken university (which is basically like 2 months of school) things get pretty crazy. 60+ hours a week with a manager cracking the whip on being closing loans, phone calls are listen too, and a very high turnover. You're literally making 600 calls a day, everyday. It's a "churn and burn" scheme there and only 1/3rd of bankers make it after their first year. My advice to anyone is to use quicken for their licenses and go someplace else. There's a reason why no one over the age of 40 is working there. Just look around the place. All recent college grads who they know will work their asses off. They burn their employees out with the amount of pressure and hours that go into each loan. The 24,000 salary is laughable and the OT that's given to you is NOT time and a half. Don't get me wrong, you CAN make money here but you had better get used to not seeing your family, gf, or have any social life for a long long time.

4.0
Nov 12, 2011
Recommend
CEO approval
Business Outlook

Pros

Great atmosphere. Loved all the things happening in downtown Detroit. I was Impressed with open environment and accessibility to senior leadership. Allows employees to innovate and rewards it.

Cons

I think that salary is relatively low compared to other employers. Found that many people were extremely busy and maybe overworked.

4.0
Nov 8, 2011

Happy to work here

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people here are like a family. There's a fantastic culture that allows for creativity and innovation. There's opportunity to learn new skillsets and contribute with your talents. There are very few bottlenecks or silo's. The benefits package is amazing.

Cons

They are lagging in pay. Some teams have poor promotions processes and weak leadership.

Viewing 5575 - 5577 of 5,628 Reviews

Glassdoor has 6,520 Rocket reviews submitted anonymously by Rocket employees. Read employee reviews and ratings on Glassdoor to decide if Rocket is right for you.