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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 category

      3.7

      Diversity & inclusion

      3.2

      Culture & values

      3.0

      Compensation and benefits

      3.0

      Career opportunities

      2.9

      Work/Life balance

      2.9

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      2.0
      Sep 17, 2018

      Specialist

      Specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Friendly people to work with minus management.

      Cons

      No growth, no feedback, no opportunities.

      3.0
      Aug 6, 2018

      Flex Ops- Support Tech

      Flex ops, support tech
      Recommend
      CEO approval
      Business Outlook

      Pros

      My schedule is accommodating for classes each semester. From the various departments who seek support, i'm able to learn and absorb more information about the Mortgage Industry. The most important pro is, Management, my boss Karen Martinez. She listens to each of us. Has a welcoming environment. Any dept. we support, she tries to ensure that we are masking those skills and takes our personal feedback on the dept.. What we've learned and accomplished and she tries to make sure that with each of majors in College, that it's something we can build on in life after College. When we need to mask a skill within a dept. she sits down and provides us our feedback each quarter. There's monthly meetings, about the company, it's procedures and has team exercises for us to keep the healthy and positive environment that we have.

      Cons

      Not too much, but not all managers are approachable. Some just look for their employees to work and nothing more nor less. From personal experience, people don't quit jobs, they quit bosses. Have people in those positions who are good people overall, versus just good at their job because they not know how to keep the next. There aren't much opportunities for the Flex Ops after College in the Fort Worth office (can't speak for other locations). With the various majors each person has, there's not a way [for us] to transition here and continue to grow with the company. After a while, the employee starts to feel stuck and instead of staying with the company, they start to feel as if they've outgrown the company and there aren't any other levels for them to achieve, so they leave.

      5.0
      Apr 11, 2018

      SVP

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Fantastic place to work! If you want to work hard and do the right thing; you can certainly expect to grow into your own career at PennyMac!

      Cons

      None to speak of at this time.

      Viewing 271 - 273 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.