SoFi reviews

4.2

82% would recommend to a friend

(1,136 total reviews)
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Anthony Noto

93% approve of CEO

82% positive business outlook

SoFi has an employee rating of 4.2 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
1.0
Apr 28, 2020

Don't waste your time, pretty much a waste of 4 years

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

quarterly bonuses and free lunch

Cons

-no raises or promotions in 4 years -management doesn't care about career progression -upper management said themselves that employees are dime a dozen hence the reason below -extremely high turnover -no work/life balance -CEO would rather spend 400M on a stadium and acquiring companies than implement annual raises/reviews -CEO loves to boast about about having the "best" culture which is far from the truth -Even though the former CEO had a scandal the employees were happier with that leadership -etc etc etc

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SoFi Response
5y
Thank you for your feedback. While we're sorry to hear your experience at SoFi didn't meet your expectations, we value your input, as it is an essential ingredient in maturing as an organization the right way. While we may not be there yet, we are continuously working to create the best culture in the world. Perhaps you left the company before we implemented our quarterly performance check-in program and a formal process to award promotions and merit increases. It's deeply important to us that we provide opportunities for our team members to progress in their career and professional development at SoFi, and we continue to introduce new initiatives for employees to do just that. That being said, we care greatly about the employee experience, and we'd like to learn more about yours so we can take action to improve in the areas you've highlighted. If you feel comfortable, please email glassdoor@sofi.org so we can discuss this further.
3.0
Sep 21, 2019

Okay, but not great

Recommend
CEO approval
Business Outlook

Pros

Good benefits. Fellow engineers are great; there's lots of people who enjoy helping others grow. Pay is very good for Helena.

Cons

Very top heavy with managers of managers of managers etc. Transitioning from startup to solid business is not going well for engineers due to overloaded management and too little investment in engineers. Company is more likely to hire someone to fill a higher position than to promote someone already here; promotions are VERY political. Company doesn't seem very interested in expanding the Helena office anymore.

3.0
Mar 13, 2019

The Benefits

Recommend
CEO approval
Business Outlook

Pros

The benefits are awesome. No premium for full health, dental, and vision. Meal stipend un-taxed $120 per pay period. Caters lunch and events often.

Cons

Management is horrible as they are very inefficient and do not listen to their employees. They implement change based off of their opinions, but not off of the statistics that come from the people who are on the phones. The statistics that they do use, aren't relevant to bettering the business. They have 11 "SoFi Core Values" but they literally do not follow them at all which is alarming.

Viewing 61 - 63 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.