Rocket reviews

3.4

53% would recommend to a friend

(5,630 total reviews)
avatar

Varun Krishna

64% approve of CEO

48% positive business outlook

Rocket has an employee rating of 3.4 out of 5 stars, based on 5,630 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
4.0
Apr 28, 2019
Recommend
CEO approval
Business Outlook

Pros

Some leaders have your back and are very great role models. Generally, the team members on the floor are fairly up beat and willing to help. I worked on some unforgettable projects that shaped me as a professional.

Cons

Under the new IT leadership, the company has taken on a very strong mob mentality. If you are not part of the inner circle then there is no future for you here. The things that made the culture great (the isms especially) are now burried in politics and favoritism.

avatar
Rocket Response
7y
Thank you for your detailed review. We appreciate your honesty and feedback. We deeply value our team members as well as the talent and skills that they bring to our company but understand that there is always room to improve.
1.0
Nov 18, 2018

All the “great” reviews are bs af.

Recommend
CEO approval
Business Outlook

Pros

Being in the heart of Detroit

Cons

Most people have to take a leave of absence in order to gain any sanity they have left, back. They fire people without reason and when you ask “why” they say it’s “everything accumulated”. They don’t want it to look as though they’re “laying people off” bc of bad publicity so they psychologically abuse you to think all the hard work, blood, sweat and tears you put in is not good enough. Don’t sell your soul to this devil.

avatar
Rocket Response
7y
Thank you for your review. We are disappointed to hear about your experience and think that it would be helpful to discuss your situation further. Please reach out to us at Lisa@quickenloans.com.
3.0
Sep 13, 2018

Proceed with Caution

Recommend
CEO approval
Business Outlook

Pros

Amazing benefits that are a result of being in the FOC and unmatched by companies in same industry; training and job education are top notch considering most positions do not require prior experience in the field; consideration for other roles is solely based on merit in your current role and not tenure, experience, education; feedback from associates (non-leadership level) is highly respected and acted upon; lax atmosphere; "high-octane" environment meaning that changes can be implemented at the drop of a hat, which allows for quick implementation of business improvements and company growth; a strong focus on development and promotion from within

Cons

Consideration for other roles is solely based on merit while at RC and not tenure, experience, education - do not look for roles within this company if you have experience and education as it will be tough to be compensated/promoted as you should be. Be mindful that Gilbert has positioned RC as a place where the unskilled worker can find a good paying job without an education or experience. While this is great for the city, it may not be a great fit for you. Feedback from associates (non-leadership level) is highly respected and acted upon - there is a strong focus on the associates' experience and to appease them without regard to validity of the feedback provided. In a leadership role, you will be expected to focus more on your ability to keep associates happy than you will be of producing tangible results that positively impact business performance and profits Lax atmosphere - highly marketable to 20-30 year olds because of snacks, slushies; almost like being in a dorm with your best friends from college. This also allows for vague company policies surrounding conduct, unclear job descriptions/expectations, procedures for termination/employee discipline (a lot of "gray area") Bonus structure - as with all commissioned roles, payout structure will ebb and flow with the business. All positions, associates to middle management, are hourly roles with commission. My yearly income was 60% commission and 40% hourly with overtime. Being paid this way makes financial planning very difficult as there are two months out of the year where there is not a commission check. Senior leadership, who is not commissioned, does not know why pay is set up this way either. Long hours - Leaders will work overtime, but overtime will not always be offered to associates. Overtime is often spent on peripheral duties such as creating presentations for monthly meetings/training, time at internal leadership development conferences, developing and documenting coaching sessions with associates, etc. The majority of your day will be spent babysitting associate behaviors and addressing concerns such as bathroom breaks, attendance, quality improvement, and playing jester for your associates to take their mind off of the tough job that they have. Strong focus on development and promotion from within - Development into, and within, a leadership role is intended to mold you into the leader they desire you to be. Promotion into leadership roles is purposefully internal and mainly used to hold on to good talent with the "promise" of growth. Whether intentional or unintentional, promoting from within also preys on the naivety of young professionals who might not be able to recognize possible red flags within a company's structure, policies, procedures thus allowing the company to create the "culture fits" they need.

Viewing 130 - 132 of 5,630 Reviews

Glassdoor has 6,523 Rocket reviews submitted anonymously by Rocket employees. Read employee reviews and ratings on Glassdoor to decide if Rocket is right for you.