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 51 reviews)); "Great benefits and earning potential." ((in 33 reviews)); "Can make good money if you stick with it" ((in 16 reviews)); "Good bonuses available to earn each month." ((in 13 reviews)); "Pay, fast advancement, good coworkers" ((in 11 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 18 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

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

Oct 10, 2014

My experience at Tower Loan has been both good and bad.

Anonymous

Recommend

CEO approval

Business Outlook

Pros

The money isn't half bad. It involves no thinking or physical activity. Group meetings are good.

Cons

It is extremely unrewarding and boring. They don't care about people.

3.0

Sep 8, 2014

Tower Loan

Branch manager

Recommend

CEO approval

Business Outlook

Pros

-good pay -monthly stipend of $200 for managers -generous bonus for well performing offices

Cons

-hard to reach goals -customer base is not the easiest group of people to work with -chasing customers to their homes or business -spending lots of time at the office to get numbers in line specially loan volume and delinquency

3.0

Aug 19, 2014

My overall experience was a great learning experience.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

I enjoyed working with a great team of people that cared about their jobs as i did. It is pretty easy to move up in the company as long as you reach your goals and drive sales etc.. Good bonuses and salary!!

Cons

Collections can be stressful. also as a trainee, the anticipation of not knowing what office you are going to end up in once promoted is a drawback.

Viewing 91 - 93 of 452 Reviews

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Jobs at Tower Loan

Customer Service Representative

Customer Service Representative

Customer Service Representative

Customer Service Representative

Customer Service Representative

Tower Loan

Tower Loan reviews

Company ratings over time

Ratings by demographic groups

Reviews by job title

My experience at Tower Loan has been both good and bad.

Tower Loan

My overall experience was a great learning experience.

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Jobs at Tower Loan