SoFi reviews

4.3

81% would recommend to a friend

(1,142 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 1,142 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
3.0
May 3, 2019

Working for Sofi

Recommend
CEO approval
Business Outlook

Pros

Good pay, Really good benefits

Cons

Management was VERY unprofessional and no one cared about anyone.

4.0
Apr 26, 2019
Recommend
CEO approval
Business Outlook

Pros

+ Great pay: other companies in the value are upset that they can't pay as well + Familiar tech stack (JVM, ELK stack, Redis, RDBMS) + Great people: everybody was worth talking to. My team was amazing. + Food: the kitchens were unrivaled.

Cons

- Familiar tech stack: there's nothing new under the sun. I joined this field for novelty - My manager and I had (somewhat) incompatible personalities and SoFi has made it _very_ difficult to change teams based on interest/fit. - Food: there weren't staff for the kitchens, so there was a team rotation. Some teams were more lax than others.

2.0
Apr 14, 2019

Could be a good pit stop

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Company is generous/flexible with job titles. Prior functional or industry experience is not a hard requirement, often even for senior level roles. Enthusiasm and commitment are valued more. -CEO has a ton of experience taking companies IPO as a banker. This should increase the probability of an exit in the future. -Decent brand recognition. One of the largest Fintech out there. -Well funded. Enough money in the bank to survive multiple years without profit. -Cash component of TC is close to tier 1 private companies.

Cons

-Shaky business model, macro headwinds make future growth and profitability prospects weak. Raising rates shrink the student loan refinancing market , personal loan business hasn’t proved resiliency through a recession, traditional banks/brokerages are racing towards zero fees models. -Org structure is messy. Business units, products and risk often overlap as decision owners and create confusion. People distributed across 5 different locations makes execution slower. -Culture still needs a lot of work. A#$holes are tolerated if they are high performers. Finger pointing takes precedence over calm root cause analysis and problem solving when things go south. - Micromanagement is common.Being a woman is hard. -Lack of emphasis on employee development. -High churn across engineering and design org. Understaffed teams lead to ICs getting overworked/burned. -Overall TC is low due to falling stock price.

Viewing 844 - 846 of 1,142 Reviews

Glassdoor has 1,241 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.