PENNYMAC reviews

3.0

46% would recommend to a friend

(1,561 total reviews)
avatar

David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,561 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
5.0
Oct 27, 2020
Recommend
CEO approval
Business Outlook

Pros

Monthly Gifts Sent to Employees (Cookies, Ice Cream, Etc) Very easy to communicate with peers, utilize current technology and will spend the money to do things right. Clear organizational structure, easy to find who is in charge of which department and find answers. A lot of departments and roles to grow, inter-division transfers are encouraged.

Cons

Current Work From Home may or may not be better than office, dependent on employee. Can't utilize the Office Gym while WFH is in place. Harder to build relationships with your team. 1 year to get 401k match. 4% match could be 5 to be more competitive.

5.0
Oct 27, 2020

BEST Place to work

Recommend
CEO approval
Business Outlook

Pros

Both your peers and your management consistently provide assistance and encouragement. All the tools needed for your success are readily accessible. You've read about companies that actually care about you as both an employee and a person. Well, here it is.

Cons

Would having everyone being too helpful be a con?

3.0
Oct 25, 2020

Happy

Recommend
CEO approval
Business Outlook

Pros

I liked that it was laidback atmosphere

Cons

The Lunchroom was expensive sometimes not much variety

Viewing 1414 - 1416 of 1,561 Reviews

Glassdoor has 1,676 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.