PENNYMAC reviews

3.0

46% would recommend to a friend

(1,560 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 1,560 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 20, 2020
Recommend
CEO approval
Business Outlook

Pros

Great pay, staff and management is wonderful, company really cares about the health and well being of the employees

Cons

It has been a wonderful experience so I have no cons to share

5.0
Oct 20, 2020

Glad I switched careers

Recommend
CEO approval
Business Outlook

Pros

Penny Mac is an amazing company to work for. I have been working for over a year now and enjoy it very much. They always put their employees first. Within days of the pandemic outbreak, they had almost 100% of the company working from home. In addition to keeping our jobs through the crisis, they sent us care packages letting us know they appreciate us. Nothing like opening a package with 4 pints of ice cream in the middle of summer. I can't thank them enough for that. In addition they have this amazing app called vitality that allows you to work towards health goals. When you reach certain metrics, your health insurance is reduced. I love this app and wish I had known about it in my previous career. The managers are great and there is room for advancement which is very nice. I am so thankful to be working here.

Cons

There really are no cons. It is a great place to work with lots of benefits and room for advancement.

5.0
Oct 19, 2020
Recommend
CEO approval
Business Outlook

Pros

Inclusivity of employees is a priority at PennyMac, through care packages and hosted events, employees are meant to feel at home and/or happy to work for this company. Adequate training and supervision is also heavily emphasized as to ensure high performance across the board.

Cons

The offered benefits could be better

Viewing 1417 - 1419 of 1,560 Reviews

Glassdoor has 1,675 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.