Sallie Mae reviews

3.9

74% would recommend to a friend

(687 total reviews)
avatar

Jonathan Witter

82% approve of CEO

79% positive business outlook

Sallie Mae has an employee rating of 3.9 out of 5 stars, based on 687 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

687 reviews
1.0
Aug 18, 2008
Recommend
CEO approval
Business Outlook

Pros

There are no good reasons right now.

Cons

The current CEO wants to cut expenses and sell the company as soon as he can. There is no planning for the future, absolutely no employee development, and irrational product development. Along with the constant series of layoffs, it is a dismal place to work. Sallie Mae is currently going through the process of reducing employee benefits and freezing salaries. At the same time, the CEO and the friends he has just brought over from MBNA have record compensation packages.

1.0
Aug 11, 2008
Recommend
CEO approval
Business Outlook

Pros

The company used to be great. Benefits, stock options, dynamic job.

Cons

Now the company is sliding into a pit. The current moral level at the company is horrid. Due to layoffs Fridays at Sallie Mae are like waiting for the headsmans ax. Most people are only staying at the company in hopes of getting a severance package.

Viewing 130 - 132 of 687 Reviews

Glassdoor has 755 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.