SoFi reviews

4.2

82% would recommend to a friend

(1,141 total reviews)
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Anthony Noto

93% approve of CEO

82% positive business outlook

SoFi has an employee rating of 4.2 out of 5 stars, based on 1,141 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
Jun 11, 2017
Recommend
CEO approval
Business Outlook

Pros

They provide you leads, free lunch, and free health care. I really like my co-workers if you're going to be in a crazy stressful job with insane expectations at least you're not alone.

Cons

Your pay is a forgivable draw expectation is a minimum of 13 funded loans a month however your payback on the draw will include OT, holiday pay, and vacation time all come out of your commission check. Upper management can't decide what it wants to do with LO pay scale in the 8 months I've been there it's changed 4 times I'm not even confident to tell you how I am paid it's just more than my last job? There are too many leads (125-200 leads in current pipe) so your pull through is terrible, you are an order taker because there are so many clients and only 1 of you, if you're lucky enough to get an assistant and processor you'll share them with another LO so now the assistant and processor will be actively working over 400 leads, the clients and upper management expect the loan to be closed faster than is realistic, slow appraiser turn times, lack of tech, low staff moral, high stress and pressure from clients and leadership, no work life balance clients and company demand 24/7 contact.

5.0
Jun 11, 2017

Review

Recommend
CEO approval
Business Outlook

Pros

*Paid benefits for you and your family. *Paid lunch *Quarterly bonus *High referral bonus *Rapid growth

Cons

*Hours the schedules are not always the best selection *Rapid growth means growing pains *No options to purchase life insurance more than the 10K you get yourself. *On site gym is some what small.

3.0
Jun 8, 2017

high rewards, high stress

Recommend
CEO approval
Business Outlook

Pros

Really good benefits (health care, free meals/snacks, gym, student loan benefit). Really great/interesting people in a lot of different departments. Things happen quickly with technology when they need to improve. Lots of interesting tech. Lots to do (interesting projects) and lots to learn. Good options to move around if the timing is right for a lot of people.

Cons

High stress (high reward, high stress). This leaks into every area of the business. Sometimes it feels like everyone has ADD. Rushing around to and fro. High turnover, people come and go. Really just the effects of a high-pressure growth environment, but it can get disheartening. No performance reviews, very little feedback on work or training. It can get very loud and chaotic, lots of distractions. Very political environment, especially with promotions/raises. etc.

Viewing 1003 - 1005 of 1,141 Reviews

Glassdoor has 1,240 SoFi reviews submitted anonymously by SoFi employees. Read employee reviews and ratings on Glassdoor to decide if SoFi is right for you.