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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,564 total reviews)
      avatar

      David Spector

      52% approve of CEO

      46% positive business outlook

      Ratings by demographic groups

      PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,564 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
      2.0
      Apr 28, 2022

      Underpaid / No room for growth

      Business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      - Paid Family leave - College compensation - Medical Dental - 401k

      Cons

      - Raises are hardly given - No room for growth - CEO stated that compensation adjustment for inflation or cost of living is ridiculous. - They track your time online and mouse clicks.

      1.0
      Apr 26, 2022

      Honest Opinion

      Underwriter
      Recommend
      CEO approval
      Business Outlook

      Pros

      This is a great company to start your career and learn the basics.

      Cons

      You will not be offered a raise even if you meet/exceed standards & yearly quotas. They will literally force you to attend a meeting to advise how much money the company earned but in the same breath tell you they are not offering raises.

      3.0
      Apr 15, 2022

      Great people, shortsighted leadership

      Systems analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Awesome teamwork, interesting IT projects, opportunity to add value

      Cons

      Overloading of resources, for most there is no salary increase for years despite excellent reviews. No focus on people development and retention Too many after hours work obligations

      Viewing 241 - 243 of 1,564 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,680 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.