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
2.0
Mar 5, 2012
Recommend
CEO approval
Business Outlook

Pros

If you are lucky enough to be in an office with a good environment, which is very rare, then you can have a good experience. Weekly paychecks are a plus, as are insurance commissions and bonuses. I have met some really great people working here, as well.

Cons

The company, especially the new owners, FIG, don't seem to have any clue how to run this operation. Over the past two months they have closed more than 80 branches in 15 states. The company is hemorrhaging money at an unsustainable pace. You are on the phone making outbound solicitation calls all day, every day. If you spend more than 3 minutes between calls, you will get questioned. These aren't cold calls, either, but rather calls to current customers. Each office only has so many open loan customers, so they get calls two to three times a week, and you can tell they are sick of it all. Management rides you endlessly, they don't care.

2.0
Mar 4, 2012
Recommend
CEO approval
Business Outlook

Pros

Through many different names, the company has been a major employer in our city - good pay and benefits for many years, but this has changed.

Cons

There have been a lot of lay-offs and unknowns lately which in turn leads to overall bad morale. Our only message has been that our goal is to "return to profitability" but the long-term vision of how this is going to be achieved has not been communicated.

4.0
Mar 4, 2012

Well managed organization

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Opportunity for advancement. Opportunity to lead major projects is "there for the asking" IMO. Very experienced organization and employees in all departments understand the business. Benefits package which currently includes 401(k) and pension is excellent.

Cons

Since the financial crisis, the company's traditional funding sources have for all intents and purposes disappeared which calls into question its ongoing viability and profitability.

Viewing 2392 - 2394 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.