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 53 reviews)); "Good benefits and paid time off." ((in 33 reviews)); "Can make good money if you stick with it" ((in 16 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 53 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 22 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 19 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

Ratings by category

3.7

Career opportunities

3.6

Diversity & inclusion

3.6

Compensation and benefits

3.4

Senior management

3.2

Culture & values

3.1

Work/Life balance

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

452 reviews

1.0

Jan 26, 2021

Uncaring to employees, poor moral compass.

Branch manager

Recommend

CEO approval

Business Outlook

Pros

They pay was good depending on how much personal life you want to sacrifice.

Cons

1. Upper management doesn’t care for employees. 2. Will terminate you for anything they see fit (in my case I updated my resume). 3. Expected but not told to work long hours. 4. Will quickly replace you if they find you don’t perform to their liking.

2.0

Jan 5, 2021

Trainee

Manager trainee

Recommend

CEO approval

Business Outlook

Pros

Job is a good resume builder.

Cons

Job has low job security.

2.0

Dec 21, 2020

Work somewhere else

Manager

Recommend

CEO approval

Business Outlook

Pros

The pay is good for managers, but no one else

Cons

Chinese Overtime, they pay you Chinese overtime which means anything over 40 hours they pay you half pay, in return you are guaranteed to get 40 hours pay even if you work 30 hours a week. That’s great for construction workers who might get rained out or not work due to weather. But it’s a complete crock of crap in an office setting where you will NEVER work less than 40 hours. Don’t let them try to justify this GARBAGE. Also, pay CSRs more because they do a majority of the work. Supervisors who don’t have a clue

Viewing 124 - 126 of 452 Reviews

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Jobs at Tower Loan

Compliance Specialist

Customer Service Representative

Customer Service Representative

Customer Service Representative