Bonuses are highly dependent on market conditions. - Sr. Loan Officer OneMain Financial Employee Review

4.0
Nov 12, 2024
Recommend
CEO approval
Business Outlook

Pros

The training program is good. Incentive bonuses to start are good full benefits vacation sick days/personal days

Cons

Bonus opportunities are highly dependent on market conditions. So, if the economy is suffering a high inflationary cycle, as was occurring in 2022, do not expect bonuses. The company will adjust the metrics so that bonuses will not be earned even if you close a large amount of loans for the company. Maybe that's the game you play in financial services, but that is not going to fly if you produce and expect to make commissions for your production. The company is committed to toxic DEI initiatives

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OneMain Financial Response
1y
We appreciate your feedback. Our salaries, work-life balance, and incentive compensation programs are continuously evaluated to ensure that our staff is rewarded for their dedication and commitment to assisting our customers, providing them with exceptional service, and helping OneMain to remain competitive within our industry. - ck

Explore other reviews about OneMain Financial

5.0
May 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Collaborative work environment, hybrid schedule, great leadership

Cons

None so far this year

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OneMain Financial Response
2mo
Thank you for sharing. We are happy to hear about your positive experience.
1.0
May 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Your peers. I have a great group of co-workers though multiple have left because of HORRIBLE direct management in the AM department.

Cons

Low hourly pay. Tricky incentives. Shark like environment. Terrible and I mean TERRIBLE managers. Favoritism runs rampant at this place and goes unchecked. Lazy, incompetent department manager makes up his own rules (you MUST use your break time to go the bathroom) which goes endorsed by his superiors and HR. Reward people who live at that place and work insane OT hours because of the low pay, but crap on people working the normal amount of hours because you’re based on the “average”. Truly one of the worst management staffs I have ever seen coupled with lackadaisical training and one of the dumbest rules I’ve ever heard of…you must be at One Main for ONE ENTIRE YEAR before you can transfer out of the department or move up. Trust me when I say run as far away as you can from this place.

1
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OneMain Financial Response
2mo
Thank you for sharing your feedback. We're committed to fostering a positive and transparent workplace and value our team members input. If you'd like to provide additional details, please feel free to reach out to HR for review.
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