SoFi reviews

4.2

82% would recommend to a friend

(1,141 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 1,141 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
1.0
Aug 25, 2017

Great Compensation, Terrible Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits and compensation package. Very gifted people to work with. Great work environment.

Cons

Management constantly battling between Helena, Salt Lake City, and San Francisco. Flat organizational tree makes it impossible to deal with any issues with leadership. Constantly switching directions means you will almost never ship any product you create. CTO is wife of CEO and only other managers in engineering are three directors. No room for upward growth given that there are exactly five positions above senior engineer (three directors, CTO, CEO). Heard rumors that sofware is so buggy that they have overpaid on many loans (i.e. dispursed $50k instead of $30k), and nicely ask for the money back from people.

1.0
May 5, 2017

You are replaceable

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits fully paid Help pay back your student loans (even though it took a long time to get this)

Cons

The turnover rate here is absolutely appalling. No one cares if you stay or if you leave. If you stay, you will constantly be at the edge of your seat wondering if today is the day you will be fired. NO ONE is on your side. Your manager will not support you, care about you, or help you in any way shape or form. The goals created are completely outlandish and impossible to complete. Upper management will say it's easy. However, you'll never see them doing the same type of work or even understand what your work entails. Trying to take time off is a joke. You will feel like your signing your own final papers and not have a position when you return. They say they encourage taking time off for yourself and yet will make it incredibly difficult to achieve. There is no work/life balance. You will now belong to SoFi. You can't even switch shifts with another employee. They would rather you not be here. That makes a lot of sense, right? Holidays? Kiss those goodbye. Have a family? Have fun figuring out who's going to watch your kids when you get moved to a different shift and your manager won't budge. Want to go back to school? Better make the classes around your current work schedule. There are no raises and very few positions that will actually get you a bump in pay. They go off of the idea that the quarterly bonus will make up for the need for a raise. You will not always get this bonus and the bonus amount constantly changes. There is so much drama and politics in this office that it isn't worth losing your mental health. Remember, you won't be able to take a day off to collect yourself and set yourself straight again. Favoritism is strong with this company. Want to succeed? Pick your friends wisely.

2.0
Feb 28, 2016

Executive Assistant | Office Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Started with a good foundation (peer-to-peer lending). Foundation of decent, socially-conscious, smart and hard working individuals. Great location although a bit exclusive being in the Presidio. Same unicorn start-up perks - free food, gargantuan kitchen that's fully stocked 24-7, etc.

Cons

Most co-founders have departed. Arrogant leadership. Some negativity and conflicts of interest due to nepotism. Peer to peer segued to Marketplace lending. Elitest mindset. Bleeding cash and very poor judgement with Super Bowl ad.

Viewing 139 - 141 of 1,141 Reviews

Glassdoor has 1,240 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.