Rocket reviews

3.4

53% would recommend to a friend

(1,763 total reviews)
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Varun Krishna

63% approve of CEO

47% positive business outlook

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2K reviews

Reviews about "Compensation"

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1.0
Jun 1, 2024
Recommend
CEO approval
Business Outlook

Pros

One of the standout benefits of working at the company was the generous policy of providing a full month of paid vacation every year, a rarity in the United States. This allowed employees ample time to recharge and rejuvenate without worrying about lost income. Additionally, the company offered excellent health insurance coverage, ensuring that employees had access to quality healthcare services when needed. These perks demonstrated the company's commitment to employee well-being and work-life balance

Cons

During my time at Rocket, the cons were glaring. The work schedule was demanding, with employees expected to work 6 to 7 days a week. Although the official hours were from 7:30 am to 5 pm, it was common practice to stay until 6 pm or even later if tasks weren't completed. The company imposed unrealistic daily metrics that had to be met, leading to long hours for the entire team, I'm talking about 70 hours a week, and some required Sundays every month. Despite the extended workdays, Rocket exploited a legal loophole known as "reverse overtime," where employees were paid half-time instead of the standard time and a half after working beyond 40 hours. This resulted in lower pay rather than the expected overtime compensation. Additionally, the sales targets set by the company were unattainable due to exorbitant rates, making it nearly impossible to achieve the required number of sales each month. Stay tuned for more updates on my experience at Rocket.

1.0
May 30, 2024

High expectations, low pay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great peers. Good communication despite being mostly a remote company. Input and questions are welcomed.

Cons

Despite the company's huge successes, the pay is abysmal across the board but especially for Engineering and Ops. There is virtually zero upward mobility and management is pressured to give lower ratings to employees to guarantee less bonuses or raises. The company uses every dirty trick in the book to avoid paying their employees a decent wage.

Viewing 193 - 195 of 1,763 Reviews

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