Sallie Mae reviews

3.9

74% would recommend to a friend

(679 total reviews)
avatar

Jonathan Witter

83% approve of CEO

79% positive business outlook

Sallie Mae has an employee rating of 3.9 out of 5 stars, based on 679 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Sallie Mae 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

679 reviews
4.0
Feb 3, 2018
Recommend
CEO approval
Business Outlook

Pros

The company is a great company to work for, they are very concerned about giving reps what they need to continue to be motivated. The income level has no cap, between monthly bonus's and overtime, you have control over your paycheck. The benefits they offer are the best.

Cons

THEY WILL NOT REHIRE YOU, EVEN IF YOU PUT IN A 2 WEEKS NOTICE. So I highly suggest you make sure that you are making a solid decision if you decide to leave the company. Work life balance can be a struggle depending on what your responsibilities are at the time of employment.

1.0
Jul 14, 2015
Recommend
CEO approval
Business Outlook

Pros

I am racking my brain trying to think of an positives about Sallie Mae as a workplace and not one will come to mind.

Cons

Unprofessional managers, incredibly low pay, constant calls, "bonus" is unobtainable, no upward mobility, there's a reason building security is so tight. Promotions in collections will never happen because the managers will sabotage you so they don't have to get back on the phones. I left after a few months because the management was so horrible.

3.0
Jul 20, 2021

Dead End

Recommend
CEO approval
Business Outlook

Pros

- Good pay up-front; Equity + annual bonus part of compensation at certain levels. - Lots of PTO - 5 weeks starting out for certain levels - Mostly flexible work environment. Pre-COVID was typically 3-4 days in office, 1-2 days WFH. - Culture is, as a whole, fairly laid back. This is a good and a bad thing. Sallie Mae is a pretty easy company to coast at. The pay is nice and you generally won't find yourself working long hours throughout the week. The teams usually are dismissed early on holiday weekends, there were relatively frequent social events both during and off work hours while I was there.

Cons

Outside of the fact that Sallie Mae, as a company, exists primarily to shoulder people with insurmountable debt for large portions of their adult lives: - SAFe Agile...or what's left of it. Company was drifting back toward waterfall when I left. - Really badly structured IT department with unbalanced levels of power between groups. Miles of red tape to complete even the most minor of tasks. Lots of people here seem to have talked their way into positions they weren't qualified for. - Sallie Mae has retained most of the individuals responsible for creating the initial systems here, which are some of the absolute worst I've seen in my 10 years in this career field. This has led to a lot of people in high positions making really bad design decisions and further spaghetti-ing everything. - Architects here seems to exist just to spend the company's money on COTS stuff, which in-turn leads to a lot of shoehorning of unnecessary third-party tools. This heavily detracts from working through the degradation of the current systems and adds to the bloat. - Middle-Management is pretty lackluster. There are a lot of people in positions just because they've lasted long enough. I never felt like my boss really knew what I was doing or HOW I was doing. Frequent admissions during review time that the process was basically worthless and everything was pre-determined based on how the company did. - Very difficult to be seen here. Promotions seemed to be handed out seemingly at random. Low annual raises. - On-call rotation with basically no training; all production support is shared between teams who all work on completely different areas of systems. CONSTANT pressure to reduce on-call problems that are deeply, deeply ingrained in the systems and culture here. This became extremely intrusive into my personal life. - Very metrics-based. Not much focus on anything else, really. There were a lot more issues with this place. Management got completely shuffled around and there was a layoff at the end of 2020 that really compounded a lot of the issues listed above. The real frustrating thing is that there is definitely talent here but it is not utilized; most of the people who haven't left are just contributing to the rot.

Viewing 7 - 9 of 679 Reviews

Glassdoor has 747 Sallie Mae reviews submitted anonymously by Sallie Mae employees. Read employee reviews and ratings on Glassdoor to decide if Sallie Mae is right for you.