OneMain Financial reviews

3.1

44% would recommend to a friend

(2,525 total reviews)

Doug Shulman

53% approve of CEO

48% positive business outlook

OneMain Financial has an employee rating of 3.1 out of 5 stars, based on 2,525 company reviews on Glassdoor which indicates that most employees have a good 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
Jul 11, 2014
Recommend
CEO approval
Business Outlook

Pros

Modest paycheck. They have a cafeteria.

Cons

The company lends money to individuals, at high rates and collateralized, then contacts them throughout the year and pressures them to refinance, before there has been any significant reduction in principal - only interest payments, thereby incurring new origination fees and extending the time period where they collect high interest payments. The company also makes fees off of force-placed insurance and ancillary products like credit insurance. Very small town - management has you by the short hairs once you start because they are the only game in town.

4.0
Apr 19, 2014
Recommend
CEO approval
Business Outlook

Pros

1. Management actively solicits feedback and cares about what I have to say 2. Great opportunity to advance 3. Best 401k matching plan I've ever had! 4. Generally happy colleagues, creating an upbeat work environment

Cons

1. Project execution hampered by a byzantine approval process 2. Internal email system creates needless friction for both internal and external communication 3. Some departments focused on CYA instead of driving the business forward

2.0
Dec 11, 2013
Recommend
CEO approval
Business Outlook

Pros

Good pay and benefits. Decent office environment. Hours can be flexible, to a point. Overtime is usually welcome. Company is on track for steady growth. If you are a born salesman and want a desk job, this can be a great career .

Cons

Job titles and requirements are always changing. Customer Service turned Sales, etc. Quotas are unrealistic and are now required to receive bonuses. Maybe 10% reach goal. "Do more, or else" attitude is high in this company. Micromanagement. "One size fits all" product is hard enough to sell without 90% of customers failing to qualify for the product in the first place. Employees with the same attitude, performance and tenure can be treated extremely different depending on their designated supervisors. Feeling of no matter how good you are, it's not good enough. Everyone's quota may be 30, but if you did 40 last month, your quota is now 50.

Viewing 289 - 291 of 2,525 Reviews

Glassdoor has 2,651 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.