Terrible company to work for, asinine pay and some of the worst top management I’ve seen. - Investor Reporting Analyst II Newrez Employee Review

1.0
May 10, 2022
Recommend
CEO approval
Business Outlook

Pros

Literally not a single pro I can think of.

Cons

The company called all of their employees that had spent 2 years proving remote work was beneficial back into their offices. Within 3 weeks of hearing that news I was out. Additionally, they are paying people 20-30% under market average for these positions even after 3 years of working for them. No flexibility Terrible pay Overworked with little to no raise VP level and up have made terrible policy decisions lately I would never recommend working here to anyone.

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Newrez Response
4y
Thank you for posting your review. We can see that you had serious concerns during your time at Shellpoint. We hope you were able to share your thoughts with someone from HR during your exit interview. We also hope you understand that it's difficult for us to respond effectively to anonymous reviews. We're striving to sustain a culture that values everyone's opinion, and we need everyone’s input—including yours—to help us grow and advance as an organization.

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
1w
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
1w
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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