Working at Newrez - Manager Newrez Employee Review

5.0
Nov 27, 2024
Recommend
CEO approval
Business Outlook

Pros

Our company is a great place to work because it fosters a supportive environment where employees can build long-lasting careers, with many team members enjoying years of service and growth. We are committed to nurturing talent, offering extensive opportunities for professional development and advancement. By prioritizing innovation and collaboration, we empower individuals to thrive and achieve their full potential

Cons

Working in the mortgage industry comes with challenges, particularly the fluctuations in market rates that can impact business volume and stability. The fast-paced nature of the industry often requires adaptability to shifting priorities and regulatory changes. Additionally, maintaining work-life balance can be difficult during periods of high demand or economic uncertainty

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Newrez Response
1y
Thank you for your kind words! We are so happy to hear you’re having a great experience with us. Your support means so much to our team and keeps us moving in the right direction. We appreciate the feedback!

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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