SoFi reviews

4.2

80% would recommend to a friend

(283 total reviews)
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Anthony Noto

93% approve of CEO

82% positive business outlook

Reviews by job title

283 reviews

Reviews about "Compensation"

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5.0
Mar 4, 2022
Recommend
CEO approval
Business Outlook

Pros

- Company has added some solid engineering talent in the last couple of years - The people are great, friendly and smart - Huge market opportunity and great company focus - Competitive compensation

Cons

- Some infrastructure/process need to be cleaned up - No 401K match, but can make up for it with overall comp

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SoFi Response
4y
We see feedback as a gift that will only help us continue to LI^2 (learn, iterate, and innovate) so thank you for sharing your experience. We're thrilled to hear you are enjoying your time at SoFi - we agree that we get to work with some of the industry's most kind, intelligent, and dedicated people who are helping to transform financial services as we know it. If you haven't done so already, we encourage you to share your feedback (and solutions if you have any) around process/infrastructure efficiency with your manager so we can create an action plan to fix it. We hear you about 401k match and let us assure you it is top of mind for our Benefits team as we continue to evolve our offerings. Thanks again for the feedback, and for being on this journey with us! Take care.
5.0
Mar 3, 2022

Passionate & Impactful

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great salary, benefits. Amazing mission and drive to help members get their money right.

Cons

Fast-paced. You will be held accountable. That environment can be stressful for some.

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SoFi Response
4y
Thank you for your thoughtful review, and for being on this journey with us. We are helping to transform an industry that hasn't changed in decades, and it is hard work! The speed at which the industry is changing means we have to be adaptable and flexible, which yes, can be stressful for some. But we hope you are able to see the impact of your work every day; we think that's one of the greatest gifts for our employees, in addition to our dedication to our mission. Sounds like you may agree, which makes us so happy. If you have any suggestions on how we can continue to improve the employee experience, please reach out to us at glassdoor@sofi.org. Thank you for being a part of the SoFamily!
2.0
Mar 2, 2022

Operations department is a mess

Recommend
CEO approval
Business Outlook

Pros

Decent pay and great benefits

Cons

Operations department is completely unorganized and changes policies and procedures constantly. Loan reviewers are supposed to process applications but we are treated like telemarketers or customer service agents because management expects us to constantly be on the phone. Despite this, we still have expectations to process a lot of loans. Managers make decisions that make employees' jobs harder but they don't care about employee feedback. They send out employee surveys, which consistently have negative results, but nothing ever changes.

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SoFi Response
4y
First and foremost, thank you for the 4+ years you dedicated to working at SoFi. The speed at which the fintech industry is changing means that we have to be flexible and adaptable to set SoFi up for long-term success, and to ensure we achieve our mission of helping people achieve financial independence. That said, your feedback around your experience on the Operations team is concerning. We never want our employees to feel our managers make the job harder; but we do have performance metrics in place for our team, so they know how to succeed in the role. Lastly, we hear your feedback on the employee survey and we are taking action to address opportunities directly. You may have left before our HR team hosted a series of 10 focus groups with Ops employees to address concerns in the most recent employee survey and create an action plan to improve. If you would like to continue this conversation, we welcome an email at glassdoor@sofi.org. Best of luck in your next career endeavor! Take care.
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Glassdoor has 1,251 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.