SoFi reviews

4.3

81% would recommend to a friend

(1,148 total reviews)
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Anthony Noto

93% approve of CEO

83% positive business outlook

SoFi has an employee rating of 4.3 out of 5 stars, based on 1,148 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
5.0
Mar 3, 2022

Passionate & Impactful

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great salary, benefits. Amazing mission and drive to help members get their money right.

Cons

Fast-paced. You will be held accountable. That environment can be stressful for some.

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SoFi Response
4y
Thank you for your thoughtful review, and for being on this journey with us. We are helping to transform an industry that hasn't changed in decades, and it is hard work! The speed at which the industry is changing means we have to be adaptable and flexible, which yes, can be stressful for some. But we hope you are able to see the impact of your work every day; we think that's one of the greatest gifts for our employees, in addition to our dedication to our mission. Sounds like you may agree, which makes us so happy. If you have any suggestions on how we can continue to improve the employee experience, please reach out to us at glassdoor@sofi.org. Thank you for being a part of the SoFamily!
2.0
Mar 2, 2022
Recommend
CEO approval
Business Outlook

Pros

Great start ford Underwriting, minimal phone interactions with customers.

Cons

Changes with employee benefits mid year

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SoFi Response
4y
Hello and thank you for taking the time to leave a review of your SoFi experience. We're grateful for our dedicated and hard working Ops employees like you who are helping our 3.5 million members reach their financial goals. Our benefits offerings did not change mid-year other than during our regular open enrollment each August. During this time we offer employees the opportunity to change their benefits selections. We re-evaluate our benefits offerings annually, but there have been no major changes in the last year other than we increased parental leave. All deductibles, copays and other coverage remained the same with no charges. If you have any additional questions about our Benefits offerings, you can find a plethora of resources in the Workday Benefits mall, or you can reach out to Benefits directly. Thanks again for the review - we hope your experience improves.
2.0
Mar 2, 2022

Operations department is a mess

Recommend
CEO approval
Business Outlook

Pros

Decent pay and great benefits

Cons

Operations department is completely unorganized and changes policies and procedures constantly. Loan reviewers are supposed to process applications but we are treated like telemarketers or customer service agents because management expects us to constantly be on the phone. Despite this, we still have expectations to process a lot of loans. Managers make decisions that make employees' jobs harder but they don't care about employee feedback. They send out employee surveys, which consistently have negative results, but nothing ever changes.

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SoFi Response
4y
First and foremost, thank you for the 4+ years you dedicated to working at SoFi. The speed at which the fintech industry is changing means that we have to be flexible and adaptable to set SoFi up for long-term success, and to ensure we achieve our mission of helping people achieve financial independence. That said, your feedback around your experience on the Operations team is concerning. We never want our employees to feel our managers make the job harder; but we do have performance metrics in place for our team, so they know how to succeed in the role. Lastly, we hear your feedback on the employee survey and we are taking action to address opportunities directly. You may have left before our HR team hosted a series of 10 focus groups with Ops employees to address concerns in the most recent employee survey and create an action plan to improve. If you would like to continue this conversation, we welcome an email at glassdoor@sofi.org. Best of luck in your next career endeavor! Take care.
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Glassdoor has 1,247 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.