Enova reviews

3.6

58% would recommend to a friend

(819 total reviews)
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Steve Cunningham

49% approve of CEO

61% positive business outlook

Enova has an employee rating of 3.6 out of 5 stars, based on 819 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Enova employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

819 reviews
2.0
May 8, 2014
Recommend
CEO approval
Business Outlook

Pros

- flexible work hours - smart co-workers , overall good mix of bright people - great fringe benefits - decent pay ( if you fight for it) - consistent quarterly growth - chance to work on high profile projects - summer hours

Cons

- Corporate strategy is spaghetti against the wall approach , Throw as many new initiatives against the wall to see what sticks. This is resulting in tech debt, core businesses being neglected & technology resources being spread too thin. - Regulations has lead management to have to try to "enovate", resulting in continuos fire drills , product reconfigurations & waste of scarce resources. You may work on a cool project @ times but be warned at times you will have to work on the silliest projects possible to ensure product compliance. - Technology team is a handful of key devs leaving away from complete chaos. Multi-platforms with no coherent strategy to ensure a clean application. The legacy app will leave your ruby skills in rusty shape. New platform, while designed & implemented cleanly , the battle for the heart & soul of the new platform is currently being waged & I'm not optimistic the right solution will be selected to ensure it does not inherit traits of the old wasteland legacy app. (Business has more say over the strategy than Tech) - Sold to new recruits as a startup, we are not a startup. Lots of talk of being a Tech company, we are not a Tech company. Enova is an online lender that uses technology. Not a technology company that lends online. That is an important distinction to keep in mind. - Lot of discussion about "agile methodology" this is hit or miss. Not enough product iteration to be considered truly agile. - PMs / business team. They have way more power over tech than one would think. Developers are looked at as trading cards / assets that can be swapped in & out of projects @ the whim of the business. This leads to imbalances in teams and certain developers always being exposed to high profile projects while other similarly skilled developers get less glamorous projects.

2.0
May 1, 2014
Recommend
CEO approval
Business Outlook

Pros

(Everything I write here only applies to the Analytics team) - Freedom with your time - you can manage your own hours - Freedom with tools/methods - if you can get the job done that's all that matters - To a small extent - best answer does win - you get to be heard - Lots of very smart people work in this team - The current batch is a fun, friendly, interesting group of people

Cons

Many, many of the problems here hinge on how well you get along with your boss - Promotions are kind of arbitrary - dependent on whether your boss likes you - I know folks who've been here years in the same role (doing valuable work), others who were promoted once a year two years running - One person was fired - thrown out on the same day with no notice or warning given - putting his visa status in serious jeopardy - again this was because he pissed off the wrong manager - this was after he pulled 48hour days keeping the company from going down the tubes - Pay is pretty abysmal for analysts - associates are better off but would still get paid more elsewhere - The quality of projects is largely uninteresting - mostly projects are maintenance - or hack and slash numbers, ad hoc pull requests. Good work happens, but it's rare and you have to fight for it - There's a lot of pressure to perform, long hours, which is okay - but the pay isn't balanced for the quality of work demanded - Unreasonable pressure to produce ROI - which is hard given that you don't control the projects you are assigned to - The gender ratio is beyond terrible - Bad karma: when you get right down to it - Enova is a corporate loan-shark. You think that you're removed from the day-to-day murkiness of it all, but the fact that you work for an evil corporate entity tends to percolate through everywhere. At the end of the day, when you work here - you make the world a worse place.

1.0
Apr 8, 2014
Recommend
CEO approval
Business Outlook

Pros

A relaxed work environment with casual dress code and lots of snacks in office. Work with cool people and opportunity to learn a lot very quickly. If you're young come here to learn, but you should probably pass if you're an experienced professional trying for anything less than a manager.

Cons

Turnover rate says a lot. Last year it was analytics, this year it's the software engineering team. Not to be dethroned as the department with the highest turnover rate, the VP of analytics has decided to help the turnover process along by firing a senior employee of 2 years for "insubordination". Funny how this employee wasn't insubordinate during his first two years when he built a BI tool for a product that every department would come to depend on. Also funny how this employee wasn't insubordinate about a month ago during the massive regulatory audits that had more than a few people in management freaked out. But the tool has been built and the regulators have backed off, so those who have outlived their usefulness must go, right? To add insult to injury, management gave a sob story about how hard they "tried" to transfer this employee to another department that was a better fit and how the other departments just didn't have room. Except aren't people leaving from EVERY SINGLE DEPARTMENT? Management didn't fact-check this excuse with reality. Moral of the story: get hired, get experience, get out. No point sticking around unless you want HR or managers deciding you are insubordinate and fire you.

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Glassdoor has 881 Enova reviews submitted anonymously by Enova employees. Read employee reviews and ratings on Glassdoor to decide if Enova is right for you.