Horrible CS Management - Performing Loan Consultant Newrez Employee Review

1.0
Jan 27, 2021
Recommend
CEO approval
Business Outlook

Pros

The only pros is that they will hire ANYONE and their weeks of training are paid.

Cons

Management will do anything to stop you from making bonus. Micromanagement in this company is horrible, they basically want you to be a slave of the job and they really dislike constructive criticism. They provide extensive useless training and all that matters to them is that every call is under 3 minutes, oddly enough they want the rep to ask the customer if " there's anything additional i can assist you with today?" or else points will be deducted and decreases bonus. ALMOST everything decreases your bonus. Supposedly they only audit a certain number of calls per month, but again, oddly enough, they only "audit" the calls in which you committed the more mistakes. Hence, less bonus. It's understandable that for security purposes they must be aware of what you're doing but for them to even know when you go to the restroom is another level of micromanagement. There's not only the stress of unable to assist the customer properly but also everything that management brings upon the employees. Save yourselves the stress, don't get employed here and if they service your loan, REFI ASAP, unhappy employees provide bad customer service.

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Newrez Response
4y
Thank you for your review. We understand you have serious concerns, but it’s difficult for us to respond effectively to anonymous reviews. We hope you shared your thoughts with our Human Resources team during your exit interview, but if you didn’t, we invite you to contact our HR team about your concerns. We always strive to emphasize and improve our culture that values everyone, and your input can help us achieve that goal.

Explore other reviews about Newrez

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

I get to work remotely. They have a good retirement plan/401K. I work autonomously with very little oversight, meaning there's no micromanaging. They are great with holidays and time off. Very inclusive and socially aware. Those are two reasons I've remained employed by them.

Cons

The salary is lower than preferred. I've worked two years with zero pay increase because "no pay increases for remoter employees". The health insurance is lacking and not fantastic, but I'm not sure that's really a con since nearly every health insurance plan in America is lacking.

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Newrez Response
4d
Thank you for sharing your feedback. We're glad to hear you value the time off and inclusive culture. We also appreciate your perspective on compensation and benefits. Feedback like yours helps us continue to evaluate and improve the employee experience.
2.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

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Newrez Response
4d
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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