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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,563 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 1,563 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
      Jan 17, 2024

      Not too bad

      Shared services specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great Employees, Cafe on site, good benefits, fun employee programs

      Cons

      no pay raises, hard to move up in company.

      4.0
      Jan 17, 2024

      Young analyst

      Associate analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great professionals, good office location, and great office amnesties

      Cons

      Low pay, no hybrid working model

      3.0
      Jan 13, 2024

      No growth opportunities; no pay increases

      Research associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Colleagues are fun to work with; work is interesting and fulfilling; location.

      Cons

      Rarely get pay raises; have to work most company holidays; turn around time for work is stressful and much shorter than industry or regulatory standards. Your hard work is recognized with just verbal/digital shout outs, and nothing substantial.

      avatar
      PENNYMAC Response
      2y
      Thank you for taking the time to share your thoughts about your experience working at Pennymac. We appreciate your honest feedback regarding our compensation and working hours. 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. We value your willingness to learn and hope that you will continue to apply the skills and knowledge acquired during your time at Pennymac in your future endeavors.
      Viewing 250 - 252 of 1,563 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,679 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.