Does Tower Loan pay their employees well?

According to anonymously submitted Glassdoor reviews, Tower Loan employees rate their compensation and benefits as 3.6 out of 5. Find out more about salaries and benefits at Tower Loan. This rating has improved by 1% over the last 12 months.

How satisfied are employees working at Tower Loan?

59% of Tower Loan employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Tower Loan 3.1 out of 5 for work life balance, 3.2 for culture and values and 3.7 for career opportunities.

What are the top reviewed jobs at Tower Loan?

Manager Trainee (90) , Branch Manager (69) , Manager (43) , Customer Service Representative (36) , Customer Service Representative (CSR) (23) , Branch Manager Trainee (9) , Management Trainee (9) , Supervisor (7) , Customer Service (CSR) (6) , Anonymous (5) , Senior Branch Manager (4) , Loan Officer (3) , Operations Supervisor (3) , Project Manager (3) , Assistant Manger-Trainee (2)

What are the pros of working at Tower Loan according to real employee reviews?

"Good pay if you're fresh out of high school or college and trying to find a career to give you a jump start" ((in 54 reviews)); "Great benefits ranging from 401k to company housing for vacations." ((in 30 reviews)); "The only thing that is good about this company is that you make pretty good money coming straight out of college." ((in 17 reviews)); "Good bonuses available to earn each month." ((in 14 reviews)); "Tower Loan is a great opportunity for a career and to build wealth for yourself." ((in 13 reviews))

What are the cons of working at Tower Loan according to real employee reviews?

"There can be long hours but with the right attitude and willingness it will change instantly." ((in 51 reviews)); "The bad manager frowns on having to actually train you and will be annoyed when questions are asked." ((in 24 reviews)); "Management is horrible." ((in 21 reviews)); "No work / life balance here" ((in 19 reviews)); "Long hours due to dq work which is easy to solve if you’re actually working your accounts." ((in 16 reviews))

What are the top reviewed Tower Loan locations?

Jackson , Flowood , Springfield , Saint Louis , Birmingham , Huntsville , Kennett , Mobile , Saint Charles , Baton Rouge , Lake Charles , New Orleans , Shreveport , Kansas City , Lebanon , Gulfport , Tupelo , Oakdale , Houma , Lafayette , Auburn , Montgomery , Champaign , Moberly , San Antonio , Batesville , Bruce , Carthage , New Albany , Waynesboro

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Tower Loan

Tower Loan reviews

3.4

59% would recommend to a friend

(452 total reviews)

Francis C. Lee

61% approve of CEO

61% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (452 reviews)

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Tower Loan has an employee rating of 3.4 out of 5 stars, based on 452 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Tower Loan 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

452 reviews

2.0

Jul 21, 2024

Tower loan

Manager

Recommend

CEO approval

Business Outlook

Pros

Good benefits and paid time off.

Cons

Makes you feel guilty for using PTO, unrealistic expectations.

2.0

Jun 24, 2024

Good money, bad culture

Manager

Recommend

CEO approval

Business Outlook

Pros

Money, 401k, benefits, insurance options

Cons

Lack of time off, poor upper management, unreasonable expectations

1.0

Jun 18, 2024

Missing Job Details

Manager

Recommend

CEO approval

Business Outlook

Pros

I started with a sign on bonus.

Cons

You have to use your personal car to drive to people homes to try and collect payments. It is not mentioned when you are there for an interview. Long hours behind a desk! Not particularly organized. Throw you into management without the proper training! Lots of managers and supervisors handle business based off emotions!

Viewing 52 - 54 of 452 Reviews

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Jobs at Tower Loan

Manager Trainee

Woodstock, IL

View job

Customer Service Representative

Customer Service Representative

Customer Service Representative