OneMain Financial reviews

3.0

43% would recommend to a friend

(1,006 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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2.0
Mar 3, 2023

Don’t bother

Recommend
CEO approval
Business Outlook

Pros

People are nice here, that’s it.

Cons

The pay is horrible for living in colorado.

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OneMain Financial Response
3y
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
Mar 3, 2023

OK

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

OneMain has decent and recently improved benefits especially PTO for corporate employees. I had a good work/life balance, and I enjoyed working with my colleagues.

Cons

The pay was just flat-out bad which I attribute to the headquarters being in Evansville. I worked there for two years while living in a major metro area. Over that time period, I got a total of 3% salary increase. Over the same time period, my rent went up by 20%. I got a 20%+ raise at my new job (similar level). It would have taken me two promotions to reach this level at OneMain and probably 3 years of hard work which just makes no sense from a competitive perspective.

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OneMain Financial Response
3y
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
2.0
Feb 28, 2023

Don’t hire on

Recommend
CEO approval
Business Outlook

Pros

If you work in the call centers the schedules are nice and they do have flexibility. The paid time off is nice. Most everyone you work with is nice and eager to help each other.401k Match up to 4%.

Cons

The ceo lines his pockets with over 9 million dollars but sees fit to fire hardworking loyal employees instead of cutting his pay. The senior management team is bad about making knee jerk decisions with out knowing how it will impact their employees that actually collect the money for them. They also don’t know the meaning of a good raise for the end of year reviews. The training department does not cover new policies or hold refresher trainings for policy violation trends. They don’t value loyalty because they have no problem letting go team members that have worked over 14 years or even over 20 years for them. Fired 200 of us recently and would not even give people options to take other positions that they were hiring for. Oh but we can rehire for less pay and lose our seniority.

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OneMain Financial Response
3y
We regret your frustration. If you would like to provide any more feedback, please email: hrsocialmedia@omf.com. -ck
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