SoFi reviews

4.3

81% would recommend to a friend

(1,142 total reviews)
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Anthony Noto

93% approve of CEO

83% positive business outlook

SoFi has an employee rating of 4.3 out of 5 stars, based on 1,142 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The SoFi employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

1K reviews
2.0
Feb 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Pros would be pay, salary, or compensation.

Cons

The cons would be lack of vetting for hiring fraud professional’s. The people who are hired look good on paper but most of the time gut the organization while not doing any real work to improve the company. I personally worked with multiple people who had no fraud experience which in turn cost the company millions of dollars.

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SoFi Response
2y
Thank you for your feedback. While we're glad you felt your compensation was competitive, we're disappointed to hear your feedback about your co-workers and our hiring process. We have a rigorous interview process where we evaluate candidates based on key competencies for the role. Each candidate has a number of interviews with the hiring team to better understand their background and qualifications. If you have any other feedback to share, we welcome an email at glassdoor@sofi.org. Thank you again for the review and for the time you spent working with us - best of luck in your next career endeavor.
5.0
Feb 9, 2024

Great company

Recommend
CEO approval
Business Outlook

Pros

SoFi is a great place to create and advance a career, has a great engineering team, actively works to help members achieve financial independence, provides extensive benefits, and management at every level genuinely seems to listen to and action on employee feedback.

Cons

The base salary, on average, seems to be lower than other companies. Promote to reward rather than promote to challenge (i.e. operate at the next level for a year or two then get promoted). That can be a Pro, as well.

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SoFi Response
2y
We're so happy to hear you are enjoying working at SoFi. Thanks for the review, and for the years you have dedicated to working with us! We truly believe our people are our greatest differentiator, so we've built our culture, programs and perks around what they need to thrive at SoFi. We're happy to hear you have amble opportunities to grow. We frequently review employee compensation to ensure it is fair and competitive based on external market data and individual performance. If there's anything we can do to continue to improve your experience, we welcome an email at glassdoor@sofi.org. Thank you for your commitment to SoFi.
1.0
Feb 8, 2024
Recommend
CEO approval
Business Outlook

Pros

The free snacks and drinks that they provide.

Cons

They do not pay based on experience. The person sitting next to you who has 6 months experience will make the same as the person with 5 years experience. They manage to find a way to micromanage you without having managers do it, which is crazy to think about. Extreme favoritism, if you're not a yes man you won't get anywhere. I was given an ultimatum between staying with SoFi and or quitting my other job because they force everyone to be in the office now on Wednesdays. When they first announced RTO I had my schedule switched to not be in the office on Wednesday because of my other job, and then they switched it and are forcing me into the office and or telling me I have to quit.

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SoFi Response
2y
Thank you for taking the time to share your experience - we're disappointed to hear working at SoFi isn't meeting your expectations. Our MSRs are such an invaluable team helping us achieve our mission, so thank you for your dedication to helping millions of people achieve financial independence. Compared to other companies, we feel our return to office policy is quite flexible and less structured; for example, we do not ask leaders or managers to track attendance. We provide flexibility for each employee's individual needs to the best of our ability and have not forced or asked anyone to quit. Our policies are focused on ensuring that our employees' commitments to their work at SoFi are met. Good luck and take care.
Viewing 334 - 336 of 1,142 Reviews

Glassdoor has 1,241 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.