Does Lendmark Financial Services pay their employees well?

According to anonymously submitted Glassdoor reviews, Lendmark Financial Services employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Lendmark Financial Services. This rating has decreased by 4% over the last 12 months.

How satisfied are employees working at Lendmark Financial Services?

51% of Lendmark Financial Services employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Lendmark Financial Services 2.7 out of 5 for work life balance, 3.2 for culture and values and 3.5 for career opportunities.

What are the top reviewed jobs at Lendmark Financial Services?

Loan Consultant (66) , Branch Manager (46) , Loan Consultant II (15) , Branch Manager Trainee (14) , Loan Officer (9) , Assistant Manager (8) , Customer Service Representative (7) , Loan Specialist (6) , Assistant Branch Manager (4) , Branch Manager III (3) , Customer Service Representative III (3) , Loan Consultant I (3) , Loan Counselor (3) , Senior Loan Consultant (3) , Assistant Manager II (2)

What are the pros of working at Lendmark Financial Services according to real employee reviews?

"Pay is good and bonuses can be great." ((in 29 reviews)); "Benefits are good." ((in 28 reviews)); "Great people and company to work for." ((in 14 reviews)); "Good pay and bonus structure was okay." ((in 13 reviews)); "Benefits are pretty good a lot of paid time off." ((in 9 reviews))

What are the cons of working at Lendmark Financial Services according to real employee reviews?

"3 saturdays out of month which leaves no work life balance to plan personal lives." ((in 19 reviews)); "Management is poor." ((in 17 reviews)); "long hours very repetitive job a lot of phone calling and delinquency calling" ((in 14 reviews)); "Upper management can be demeaning and condescending Hostile work environment." ((in 13 reviews)); "Money, money, money... management doesn't act like managers, there is favoritism and some people won't be able to do anything right." ((in 9 reviews))

What are the top reviewed Lendmark Financial Services locations?

Covington , Atlanta , Lawrenceville , Columbia , Pocatello , Wilmington , Marysville , Charlotte , Manassas , Gilbert , Winston-Salem , Amarillo , Texas City , Hattiesburg , Nashville , Cincinnati , Antioch , Colorado Springs , Littleton , Baltimore , Pensacola , Charleston , Myrtle Beach , Spartanburg , Birmingham , Dothan , Huntsville , Tuscaloosa , Farmville , Galax

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Lendmark Financial Services

Lendmark Financial Services reviews

3.4

51% would recommend to a friend

(308 total reviews)

Bobby Aiken

81% approve of CEO

54% positive business outlook

Ratings by category

3.7

Compensation and benefits

3.6

Diversity & inclusion

3.5

Career opportunities

3.2

Culture & values

2.9

Senior management

2.7

Work/Life balance

Lendmark Financial Services has an employee rating of 3.4 out of 5 stars, based on 308 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lendmark Financial Services employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

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Parent or family caregiver

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Reviews by job title

308 reviews

1.0

Jun 10, 2022

Dont kid yourself. This is predatory lending

Branch manager trainee

Recommend

CEO approval

Business Outlook

Pros

They pay new hires well. Keep up with the industry.

Cons

This is a sales job. You sell products on top of high interest loans to people who need neither. This is a collections job. You will see people who have pain interest and fees on a loan for five years without paying anything toward the loan. You will never have the end of the month free again. You will work until 9pm the last several days of a month. You will go back to work before December 31st and and you will call people for payment until 9pm.

3.0

Jun 7, 2022

Great leadership but no movement at home office

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

- Leadership cares. They visit branches and there are tons of bonuses and professional development opportunities available in the field. You can become an AVP very quickly in the field. - Benefits are great. We have healthcare, mental health resources and other helpful benefits. - People are nice. We are all nice to each other. - Growth. Branches are opening almost every week. This company is growing very quickly in the field (not Home Office).

Cons

- Professional development in home office is non-existent for people under the manager level. If you are under the manager level, you are also not eligible for any awards, the Manager Meeting, or going on the trip to a 5-star location… - Bonuses and pay for home office is not good even though we’ve been having exceptional growth. - New home office job opportunities are non existent if you are below manager level. - For those of us who work from home, we get no free lunch or office perks and managers are almost punishing us for working from home by only having “in-office” events.

4.0

May 25, 2022

Good corporate culture, good benefits

Loan officer

Recommend

CEO approval

Business Outlook

Pros

The company seems to truly care about their employees. They have overall good benefits. Affordable health insurance, every federal holiday off, higher than average pay for the industry.

Cons

The culture originated from corporate doesn't always make it down to the branch level. The amount of pressure to meet goals will cause management to overlook some of the corporate philosophies in order to meet those goals. Many more late nights and Saturdays than what was disclosed in the interview process.

Viewing 154 - 156 of 308 Reviews

Jobs at Lendmark Financial Services

Customer Service Representative (Loan Consultant I)

Customer Service Representative (Loan Consultant II)

Customer Service Representative (Loan Consultant II)

Customer Service Representative (Loan Consultant II)

Direct Auto Area Sales Manager - East Atlanta GA area

Georgia

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Dont kid yourself. This is predatory lending

Great leadership but no movement at home office

Good corporate culture, good benefits

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