SoFi reviews

4.3

80% would recommend to a friend

(283 total reviews)
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Anthony Noto

93% approve of CEO

83% positive business outlook

Reviews by job title

283 reviews

Reviews about "Compensation"

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4.0
Dec 18, 2023

Great opportunity, some drawbacks

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

An opportunity to work on a well-loved fintech product with some of the smartest people in the industry. Great pay, decent benefits, unlimited PTO

Cons

Unnecessary sense of urgency that comes from the top (unproductive busyness that doesn’t lead to meaningful progress) can lead to long hours. Sometimes I felt like my job was digging a hole for the first six hours of the day then turning around and filling in the same hole for the last six hours.

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SoFi Response
2y
Hello! Thank you so much for your thoughtful review. We are obviously biased but we agree that we are lucky to work with some of the smartest people in the world! We are glad that you enjoyed our comprehensive benefits during your time at SoFi. The rate we move (at SoFi, and the industry itself) does feel intense at times, but that's because we are constantly learning, iterating and innovating to continue positioning SoFi for success in the future. We hope you were able to share feedback with your manager and/or PBP during your time here around the long hours you experienced as work/life balance is extremely important to us. Best of luck in your next endeavor. Take Care!
2.0
Dec 12, 2023
Recommend
CEO approval
Business Outlook

Pros

The majority of people you will work with at SoFi care about their job and are nice. The salary is decent and they offer a few perks like $200 per month 529 contribution. The CEO seems to have a level head on his shoulders and will do what it takes to become profitable.

Cons

The company is middle-management heavy, which means that individual contributor's WLB suffers as a result. Rather than use the middle manager's salary to hire more individual contractors, they stretch out ICs as much as they can. The company is generally pretty slow moving. It seems a lot more exciting from the outside looking in but when you peel back the layers you'll find that it's a glorified bank running a newer tech stack. The behind-the-scenes is pretty underwhelming. Outdated and lacking tools - A lot of the work I was doing was done in excel while at other, small, less established companies I had investment into tools to help me be more efficient. Little to no opportunities for growth. No 401k match.

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SoFi Response
2y
We appreciate you taking the time to leave such a comprehensive and thoughtful review of your time at SoFi. Thanks for the time you spent with us, and we're really happy to hear you enjoyed the people at SoFi - we feel our employees are what make SoFi a special place to work. One of our company priorities in 2024 is to scale our people, processes and technology so we can continue to grow and meet our ambitious goals as a company. Additionally, we're continuing to offer career development opportunities, and formally through our Internal Mobility program. We know a 401k match is important to our employees and it's top of mind for our Benefits team as we continue to evaluate our offerings. Wishing you the best in your next career endeavor, take care.
2.0
Dec 5, 2023

Needs some work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Competitive compensation, good work life balance

Cons

Is a finance company but doesn't offer 401(k) match. Also is pushing return to office for no good reason and management doesn't seem to have a clear strategy.

Viewing 103 - 105 of 283 Reviews

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