SoFi reviews

4.3

83% would recommend to a friend

(1,136 total reviews)
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Anthony Noto

94% approve of CEO

83% positive business outlook

SoFi has an employee rating of 4.3 out of 5 stars, based on 1,136 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The SoFi employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

1K reviews
2.0
Jul 14, 2016
Recommend
CEO approval
Business Outlook

Pros

The pay is decent and most of the staff gets along. Essentially my coworkers at my own level, are great. Company events are fun, and they pay on your student loan.

Cons

The job burns employees out by setting goals that are far beyond reach and borderline harassing staff about situations that are beyond our control. They expect us to answer more phone calls than we can emotionally tolerate for hours on end, and don't give us enough time to document our notes. They have also recently cut our pay, but there is a complete freeze on all employee pay increase. When an employee maintains the same position, there is literally no such thing as a raise, regardless of production.

2.0
Dec 22, 2020
Recommend
CEO approval
Business Outlook

Pros

They say they strive to the best culture in the world, but it's a front. It's deceiving and the leadership team tries to care but all they care is the money. Compensation, benefits, and free food (in the office) was a nice perk.

Cons

1. Little autonomy. Ever since the “partnership” with Indeed, we have lost all autonomy in our book of business. 2. Zero transparency or executive level support. The entire executive team seems to have zero idea what is happening in the go-to-market org 3. Continuous roadblocks to success. You’re not setting your employees go up for success and you’re seeing people leave because they realize the workload is not sustainable. 4. Lack of diversity. 5. Measurement. If you expect your team to perform, give them quotas on time and transparency into how they are built 6. Collaboration. Properly define the roles and responsibilities between marketing/product/engineers and the counterparts. It’s provides chaos internally and a poor client experience externally. There is no best culture in the world when the leadership team doesn't act on it. Even during this pandemic, the members of the people team has yet to care and ask if their employees are burnt out or not.

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SoFi Response
5y
Thank you for taking the time to share your candid feedback with us. We're disappointed to hear your experience at SoFi is not meeting your expectations. We are committed to creating a culture where people love to work, and while we believe we are making positive strides, we acknowledge there is room to grow. I'm glad that you find your compensation package at SoFi competitive, but very sorry to hear you feel transparency, collaboration, and leadership needs to improve. We acknowledge there is improvement to be made in these areas, and I want to assure you that they are top priorities going into next year. We genuinely care about your feedback and overall experience at SoFi, and would like to try to turn things around. If you're willing, I'd love to speak with you 1:1 about your concerns. Please feel free to reach out to me directly on your own time if this is something you'd be interested in. If you feel more comfortable relaying your feedback to your manager or a trusted executive, I'd still appreciate learning more. Either way, your constructive feedback will help us continue to improve.
1.0
Jul 5, 2020
Recommend
CEO approval
Business Outlook

Pros

$120 per pay period for free lunches; $200 a month towards student loans

Cons

low pay; bad management; no concern for employees

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SoFi Response
5y
Thank you for taking the time to provide your feedback. Manager training and development is an ongoing passion and area of investment for the company, and we continue to develop and launch new initiatives to enable our managers to be successful people leaders. We know how important managers are to your overall experience at a company, and we're very sorry to hear yours did not meet expectations. If you have additional thoughts on your experience you'd like to share or specific ways we can better support our managers, please send them to glassdoor@sofi.org
Viewing 43 - 45 of 1,136 Reviews

Glassdoor has 1,235 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.