OneMain Financial reviews

3.0

42% would recommend to a friend

(2,525 total reviews)

Doug Shulman

51% approve of CEO

46% positive business outlook

OneMain Financial has an employee rating of 3.0 out of 5 stars, based on 2,525 company reviews on Glassdoor which indicates that most employees have an average working experience there. The OneMain Financial 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

3K reviews
1.0
Mar 30, 2017

Stay away

Recommend
CEO approval
Business Outlook

Pros

Not one thing I can even think of.. The pay sucks the hours suck everything about this place is bad

Cons

They promised me salary and it was really hourly.. They say one late night a week and one sat a month ya right!! If you want to enjoy a home life work life balance stay away.. My DM pulled me in the office the other day to basically put me down and make me feel stupid.. I was promised to go into management but that was also a lie they basically lied to me to get me to take the job and once I started it was all the opposite.. I gave my notice last week and it was the best thing I ever did

2.0
Mar 23, 2017
Recommend
CEO approval
Business Outlook

Pros

Very little at this time

Cons

Since the merger with SL things have gotten really bad. Motivation is at an all time low. Now they manage with threats vs incentives. I really used to enjoy my job but am now looking for another. I have worked for this company for 20 years

1.0
May 18, 2016
Recommend
CEO approval
Business Outlook

Pros

the bonus money is great, if you can get it. The bonus money decreases with every goal that you do not get, as well as the goal increases every quarter. When you GENUINELY help someone, even though that is few and far between. They buy you breakfast every Thursday, so that's cool.

Cons

THEY CUT THE HOURS FROM 40 TO 37... IN AN EMAIL TO THE BRANCHES. This only effects the loan specialists, everyone else is salary. My manager made it abundantly clear that it doesn't really matter, its great for them because they get to come in later and they're still salary so we'll figure it out. The loan do not help most customers, they are "sold" to customers who are already into debt a ridiculous amount. Another way we "sell" loans is by "refi and cash out" aka giving more money to people who are behind to catch their current account up, boost our sales, and then restart their interest. The customers have NO idea what pre computed means, even after its explained, they don't realize that their initial payments mostly go to interest, so paying it off in half the time doesn't save them as much as they would think. The insurance products we sell are a SCAM. Someone who does not have a car on their loan and is the only person on the loan, does not need 2k in credit life insurance on a 5k loan. This is ridiculous. They are financing credit insurance products that sometimes double the amount of their loan... thats just dumb. On to the managers, they do whatever they feel they want to do. My manager personally has her spouse call several times a day, to the point i have their phone number memorized. My manager would have their phone out the entire day, but forbid us from even checking our phone throughout the day. My manager was constantly texting or on the phone with friends, other managers, spouse, etc. UNLESS someone like our DM, ADO or anyone from corporate was there. Also, the micromanaging is intolerable. I still do not know how to do somethings in CLASS due to my manager just doing it for me, yet getting angry when I do not know how to do it. Favoritism is shown the entire time, to a point someone left our office with that being the reason. I can't really complain about this I was one of the "favorites" so I exceeded my goals each and every month. You have to work Saturdays, but to ensure you do not get over 37 hours, you will have to "comp out time" and come in late just so that they do not have to pay you overtime. This is just an overall avoid if you can at all. If you cannot avoid, you will wear many hats. Some of those include: Lendor, Insurance agent, Debt Collector, Counselor, Bounty Hunter (you will work up repos), make all of your files, Cold Call, etc. Just be prepared for your day to be hectic and you will not get everything done. This means that you will be in trouble some days. Just be prepared.

Viewing 94 - 96 of 2,525 Reviews

Glassdoor has 2,650 OneMain Financial reviews submitted anonymously by OneMain Financial employees. Read employee reviews and ratings on Glassdoor to decide if OneMain Financial is right for you.