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
3.0
Mar 23, 2024

Great Company

Recommend
CEO approval
Business Outlook

Pros

This was one of my favorite companies to work for! While remote, they would constantly show their appreciation for employees by sending us all kinds of gifts. I've received gourmet snacks, outdoor activities, yeti, and a lot more!

Cons

My supervisor did not reflect the company. She was always rude and I often felt singled out. I never knew why she acted this way because I always exceeded my targeted goals and there was never any negative feedback about my performance. I know it wasn't all in my head when a few coworkers asked me about a few incidents and commenting on her behavior toward me. She made the job stressful.

1.0
Mar 19, 2024

Ok

Recommend
CEO approval
Business Outlook

Pros

It is a job. It is a job.

Cons

No salary increase. Lots of layoffs

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PENNYMAC Response
2y
Thank you for taking the time to share your thoughts about your experience working at Pennymac. We appreciate your honest feedback and... We understand feeling disappointed in your compensation package. We have been growing our total rewards package (tuition reimbursement, charitable and volunteer matching programs, wellness programs, and increased paid time off) to continue to increase the value we provide our employees in this very competitive environment. Please know that we take all feedback seriously and are committed to providing a positive working environment for all of our employees. As an organization, we are committed to building an inclusive work environment where our people can grow their careers and directly contribute to the growth of the company. Our commitment does not mean we are perfect, Our managers and leaders are human just like the rest of us, however, our commitment does mean that we are diligently striving to do better. Thank you for being a part of our journey to excellence,
1.0
Mar 19, 2024
Recommend
CEO approval
Business Outlook

Pros

Big company if you’re looking for security

Cons

Terrible culture, no opportunities for as a

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PENNYMAC Response
2y
Thank you for taking the time to share your thoughts about your experience working at Pennymac. We appreciate your honest feedback. We understand feeling disappointed in our company culture and we appreciate your feedback as this is how we work to improve. Please know that we take all feedback seriously and are committed to providing a positive working environment for all of our employees. As an organization, we are committed to building an inclusive work environment where our people can grow their careers and directly contribute to the growth of the company. Our commitment does not mean we are perfect, Our managers and leaders are human just like the rest of us, however, our commitment does mean that we are diligently striving to do better. Thank you for being a part of our journey to excellence,
Viewing 208 - 210 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.