PENNYMAC reviews

3.0

46% would recommend to a friend

(1,562 total reviews)
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David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,562 company reviews on Glassdoor which indicates that most employees have an average working experience there. The PENNYMAC 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

2K reviews
1.0
May 1, 2019
Recommend
CEO approval
Business Outlook

Pros

The only pro is the coffee machine

Cons

Horrible upper management with unrealistic expectations from new hires. If you plan on working here just know you do not matter to them and they WILL make sure to treat you accordingly. Don’t plan on getting sick or even missing an hour of work without being harshly penalized within the first 3 months and at risk of termination. Prepare to be micro managed from the time you walk in to the time the last call leaves the que. don’t be a second late returning from a break without receiving a write up for “excessive behavior “I’m telling you now the job standards, the upper management and the requirements do not match up with the rate of pay.

1.0
Apr 17, 2019
Recommend
CEO approval
Business Outlook

Pros

work schedule flexible when needed, they offer free coffee and tea

Cons

no raises, unprofessional management, unorganized organization from management to training to HR. only way to advance is if you have history with upper management (good old boy network), certainly not by qualifications nor merit

Viewing 1285 - 1287 of 1,562 Reviews

Glassdoor has 1,678 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.