SoFi reviews

4.2

82% would recommend to a friend

(1,139 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 1,139 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
Jul 8, 2018

So Not It

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great Benefits (Vision, Health, Dental, Lunch Allowance, $200 monthly towards Student Loans, Tuition Reimbursement)

Cons

Treat employees like slaves between unrealistic expectations and adherence. Pay not competitive. Do not hire from within (although they claim they do). Hire unqualified individuals over qualified individuals due to politics. Give customers the ultimate run around. Very reactive company as opposed to pro-active.

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SoFi Response
7y
Thank you for taking the time to provide feedback. One of our core values is to take care of our people and help them grow. Our recruiting team works hard to promote job openings internally, and we definitely want our employees at every level to feel valued and appreciated. It sounds like you didn’t have a positive experience – please give us the opportunity to discuss your specific concerns. Whenever we don’t do it right, we want to understand why and try everything possible to improve. If you’re open to connect, please reach out to your HR Business Partners so they can better understand your comments.
1.0
Oct 9, 2017
Recommend
CEO approval
Business Outlook

Pros

Daily free catered lunches, fully stocked pantry, caring manager,

Cons

Goals are a lot of the times impossible to achieve, they expect to get 15 apps per day, reviewed perfectly. Will get "dinged" by QA for the smallest things such as nickname vs. full first name among others which will go back to you and will not count as part of your goal. If you work the early morning shift it is possible to achieve, if you work the later shifts you get lots of apps but mostly missing info's or missing doc's. Managers are forced to explain why each team members are not hitting goals every single day. It's such a competitive environment that sometimes other managers that aren't yours are hesitant in helping you because they're focused on hitting their own goals or even above and beyond. Reviewers are forced to do overtime just to make these goals. On average, a reviewer can only complete 13 apps/day. There's work/life balance weighs heavy on work and almost no life. Upper management do not care as long as you hit your numbers or you'll get fired. Since the lawsuits started coming in more and more of the reviewers are fearing being fired. They've come up with a whole bunch of new rules for underwriters to "learn on their own" without training on the new things. Reviewers are at the mercy of QA's & QC's getting "moderates" & "significants" for things that didn't count as moderates and significants just a month ago. Poor managers are also on the spotlight and get in trouble for "losing team members" when the company fires the employees or when they leave voluntarily. They changed hours as of October so people who were getting differentials for working weekends and nights will no longer get differentials. The office environment is very toxic at the moment and they are not letting their employees know that they're moving the entire loan reviews and customer service operations to Salt Lake City, UT.

2.0
Jun 7, 2017
Recommend
CEO approval
Business Outlook

Pros

Benefits are completely paid for. Free, good-quality snacks, drinks, fruit, swag. Meals are provided or paid for. Lots of projects and initiatives going on. Company is making money and has raised TONS of funding. Most employees have lots of drive and initiative.

Cons

Very disorganized and poor communication. Questionable executive leadership. Silo'd departments and office locations. Large number of employees are fairly new. High turnover of certain staff positions due to being burnt out. Some employees are constantly fearful of losing their jobs. Leadership doesn't care about employees, you are just a replaceable number.

Viewing 106 - 108 of 1,139 Reviews

Glassdoor has 1,238 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.