SoFi reviews

4.2

82% would recommend to a friend

(1,138 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 1,138 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
Jun 27, 2017
Recommend
CEO approval
Business Outlook

Pros

Successful company with bright future

Cons

Cutthroat and unethical tactics. Grievously irresponsible managers.

2.0
Jun 11, 2017
Recommend
CEO approval
Business Outlook

Pros

They provide you leads, free lunch, and free health care. I really like my co-workers if you're going to be in a crazy stressful job with insane expectations at least you're not alone.

Cons

Your pay is a forgivable draw expectation is a minimum of 13 funded loans a month however your payback on the draw will include OT, holiday pay, and vacation time all come out of your commission check. Upper management can't decide what it wants to do with LO pay scale in the 8 months I've been there it's changed 4 times I'm not even confident to tell you how I am paid it's just more than my last job? There are too many leads (125-200 leads in current pipe) so your pull through is terrible, you are an order taker because there are so many clients and only 1 of you, if you're lucky enough to get an assistant and processor you'll share them with another LO so now the assistant and processor will be actively working over 400 leads, the clients and upper management expect the loan to be closed faster than is realistic, slow appraiser turn times, lack of tech, low staff moral, high stress and pressure from clients and leadership, no work life balance clients and company demand 24/7 contact.

1.0
Feb 12, 2017

The Worst Employer I Ever Worked For

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Awarding of non-public shares at employment.

Cons

No ability to influence good business practices or make recommendations as a manager. It's a "do as I say" environment from the CEO down and the bad management starts with the CEO.

Viewing 91 - 93 of 1,138 Reviews

Glassdoor has 1,237 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.