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
5.0
Sep 10, 2021
Recommend
CEO approval
Business Outlook

Pros

Very accepting culture Quickly progressing and deploying new features to its products

Cons

No real downsides I can think of

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SoFi Response
4y
Hello and thank you for taking the time to share a review of your SoFi experience! We are so, so grateful for passionate, hard working employees like you that are on this incredible journey with us. We are committed to creating an inclusive culture where our employees can thrive, so we're glad you've experienced that so far. We're proud of the work our engineering, product, and design organization is doing to bring transformative products to our 2M+ members. If you have any additional feedback to share, we welcome you to reach out to us at glassdoor@sofi.org, or share directly with our People team. Thanks for being a part of the SoFi family.
5.0
Aug 29, 2021
Recommend
CEO approval
Business Outlook

Pros

-The new "Explorer" Program (enables significant career growth) -SoFi is really good at recognizing their people for hard work -Solid benefits -SoFi works hard to listen to feedback from their people and implement solutions to make things work better, empowering everyone to help foster positive change -Flexibility working from home during pandemic

Cons

-Performance metrics are always a challenge, goals often seem unrealistic. -Sometimes marketing moves at breakneck speeds and the front line employees are the last people to hear about "that new promotion." There could be better communication between departments where necessary. *I'd recommend only to friends willing to work in a fast-paced, ever-changing, start-up type of environment. I love SoFi and am proud to work here. Though at times it can be challenging, I am not looking to leave any time soon.

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SoFi Response
4y
Thank you for taking the time to share such a thoughtful review of your SoFi experience. Our Operations employees are on the front lines talking to our members every day, and helping them get their money right. We are incredibly grateful for their (and YOUR!) dedication to our mission. We truly believe our people are our greatest differentiator, so having programs to help them grow, benefits to support them, and work flexibility is of the utmost importance to us. We are so happy to hear you have experienced this firsthand. We aim to create a consistently positive member experience with every interaction, and in order to do so, we set very specific metrics - all employees are provided metrics and evaluated against them on an ongoing basis, with a formal review each quarter. Every employee is held to the same set of metrics and we strive to give everyone the training and tools they need to meet and exceed expectations. As you know, we have a quarterly performance check-in program and a formal process to award merit increases and promotions. We also frequently review employee compensation to ensure it is fair and competitive based on external market data and individual performance. That said, we hear your feedback around compensation and promotions and encourage you to share your thoughts directly with your manager or PBP. We would not be where we are today without our incredibly smart, hard working, and dedicated employees like you. Thank you for being on this journey with us, and for taking the time to leave a review.
5.0
Aug 19, 2021

Mostly Positive

Recommend
CEO approval
Business Outlook

Pros

Great benefits and co-workers. Company-paid medical premium for you & family, unlimited PTO (theoretically), lunch stipend, pre-IPO equity

Cons

Hours are very demanding and operations is almost always understaffed. Unlimited PTO is great for those who can use it, but often understaffed and always busy means there's never a time to be out of the office. Company also targets salaries below market rate, claiming equity compensation and bonuses make up for it, but the reality is if you rely on your paycheck you may be happier elsewhere.

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SoFi Response
4y
First and foremost, thank you for the time you dedicated to working at SoFi. While we are thrilled to hear you enjoyed the benefits we offer employees, and loved your co-workers, we're disappointed to hear you did not feel your compensation package was competitive and that you didn't feel you had work/life balance while you worked here. We value all of our employees and want them to know that their health and wellbeing should always come first. We have quite a few resources to support our employees' mental health and burnout during these challenging times. Additionally, we frequently review employee compensation to ensure it is fair and competitive based on external market data. Please know that we share comments like yours with leadership so we can continue to set SoFi up for success in the future. Thank you again for the review. If you would like to continue the conversation, we encourage you to reach out to us at glassdoor@sofi.org. Best of luck in your future endeavors!
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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.