What a joke - Bankruptcy Specialist Newrez Employee Review

1.0
Mar 30, 2024
Recommend
CEO approval
Business Outlook

Pros

The only pro is the Health Insurance

Cons

They do not care about you as a person. They throw a fit if you try and schedule any time off. They try and convince you to change your days if it's not good for them. They want you to tell them exactly why you need time off. My grandmother passed and they wanted me to work a half day on the day of her funeral!!! You work your butt off for them to not get any raises or bonuses they promise you. The managers are a joke unless you're part of the goodie goodie club. Instead of promoting people who actually know the job, they bring in outsiders who know nothing about the job and we have to train them. There is no training system at all. You train one way and by the next week they tell you you're doing it wrong and change everything. Their turnaround time for employees and managers is insanely high. They picked and chose who they would let be permanent wfh employees and who couldn't. I honestly could write a whole book about the crap they put their employees through.

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Newrez Response
2y
Thank you for posting your review. We can see that you had concerns about your workplace, but we hope you realize that it’s difficult for us to respond in any meaningful way to anonymous reviews. We hope you shared your thoughts with our Human Resources team during your exit interview. We're working hard to maintain a corporate culture that values everyone's viewpoint, and we need every person’s input—including yours—to 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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