OneMain Financial reviews

3.0

43% would recommend to a friend

(1,007 total reviews)

Doug Shulman

51% approve of CEO

47% positive business outlook

Reviews by job title

1K reviews

Reviews about "Compensation"

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3.0
Oct 14, 2023
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Medical is decent and affordable. Dental was really good considering. PTO was adequate. There were a lot of other great programs and benefits.

Cons

Wages are just okay. Not worth the Stressful job. I went on as a lender but spent majority of my time being a collector. Mandatory Saturdays for collection calls. You have lending goals but you also have collection requirements and your petty bonuses are affected by both. Calling people 3x a day because their payment is 10 days overdue is just ridiculous. There were days I made 150 calls or more in ONE DAY. While still training and worrying about a lending goal. Cedar Rapids Branch had terrible management in my tenure. Which made the already hard job worse. However I will say: the DM was a nice guy. He would have been able to make more of an impact if his hands weren’t tied by policy.

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OneMain Financial Response
2y
Collection duties are part of the primary duties for individuals including branch and call center staff members. It is important that OneMain protects its loan portfolio and collects on accounts that have become delinquent. Our compensation and benefits package are evaluated and guided by a set of company principles that are regularly reviewed. Specifically, as part of our evaluation process our pay and salary ranges are informed and adjusted based on industry standards, general pay practices, and geography. - ck
3.0
Oct 14, 2023

High stress

Recommend
CEO approval
Business Outlook

Pros

Pay is good and so are the commissions

Cons

Collections can be brutal and cut into your commissions, sometimes even exceed your goals and won’t have anything to show for it

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OneMain Financial Response
2y
Thank you for your review and feedback. We hope that your time at OneMain prepared you for the next step in your career. - ck
3.0
Oct 10, 2023

Great benefits, poor management.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great health benefits, great incentives, great work life balance.

Cons

They allow upper management to treat employees poorly. Managers will reward poor behavior to prevent turnover. They also change policy every week so it is extremely hard to keep up. Employees are discouraged from going to HR with issues they are having with coworkers. Full of toxic positivity!

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OneMain Financial Response
2y
We encourage and thoughtfully consider all team member feedback and suggest that any employee with difficulty with their department reach out to their HRBP or manager to to have open and honest discussions about their concerns. - ck
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