Enova reviews

3.6

60% would recommend to a friend

(818 total reviews)
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Steve Cunningham

53% approve of CEO

63% positive business outlook

Enova has an employee rating of 3.6 out of 5 stars, based on 818 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

818 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.

1.0
Oct 2, 2018
Recommend
CEO approval
Business Outlook

Pros

-Flexible work schedule -Decent pay -Low stress -all project work is driven by engineers

Cons

-No upper management direction -No growth opportunity above Senior Engineer -CEO/CTO lack any kind of direction or vision -Benefits aren't that good -all project work is driven by engineers -lack of any transparency with the business

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Enova Response
7y
Hi, thanks for giving your feedback. Enova consists of six growth businesses for consumer lending, commercial lending, and decisions-as-a-service. The Engineering team is also broken into Spotify-esque fullstack teams supporting those businesses and our platform overall. Both by design as we want as many decisions about product, functionality and technical design to be made locally by the people most familiar with the market and the code. As we grow, we don't want to become a top-down company where decisions are only made at the very top. "Be bold, move fast" is our motto and this autonomy of teams helps make that possible. We also have overarching goals to continue building shared capabilities across those businesses built on the right technologies. That's led us to move key data reporting services to AWS Lambdas written in Go, to a robust decisions platform that we use internally and externally -- just two examples of that strategy. Do we always get it right? No. But as we grow as a company we learn and we apply that to how we work, communicate, and think about our long-term strategy for both product and tech. Since you're a current employee, I encourage you to bring your ideas to me, your direct manager, or the People team. As you've seen from our Town Halls and our Employee Surveys, we take all constructive feedback seriously. - John
3.0
Jul 12, 2018

Good company, limited future opportunities

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Most people are nice, professional, and smart. Work/life balance is reasonable, given the tech industry. Company is open to helping good workers find new projects to do. This is generally a good place to work for a couple years, but if you have high ambitions, it's hard to move up.

Cons

Having worked there awhile, I can say that promotion opportunities have greatly decreased, and I don't see much room to grow unless you're fresh out of college. While the company encourages and allows you to take on new projects, it's often hard to do so because there is a lot that needs to be simply fixed. It's an older, disorganized fintech company with a lot of messes, meaning you'll spend a lot of time fighting fires rather than producing anything. Benefits are still poor, even though they've improved recently. I've seen several members of senior management exhibit sexist behavior. The company is largely and quietly run by older white men, even though they say they're committed to diversity.

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Glassdoor has 880 Enova reviews submitted anonymously by Enova employees. Read employee reviews and ratings on Glassdoor to decide if Enova is right for you.