A+
84/100
Avant Claimed Company
Avant is dedicated to building premier digital banking solutions for the middle class through a combination of technology, analytics and superior customer service. Since 2012, Avant has connected over 1.5 million customers to over $7.5 billion in loans and 800,000 credit cards. A high growth financial technology company, Avant has been featured in The Wall Street Journal, The New York Times, TechCrunch, Fortune, Bloomberg, and has raised over $600 million of equity capital.
We believe that great ideas come from anyone and anywhere, that everyone is an owner who drives change, and that we have more fun when we work together. We're problem solvers who love collaborating with intelligent and highly-motivated people to reshape the face of digital banking. read more
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Avant Compensation Employee Reviews
All
Positive
Constructive
What is the best part about your compensation package?
Fair, market based with a significant annual bonus opportunity,
annual bonus and health insurance
Our bonus program is generous, our healthcare plan costs are low
It's a decent comp package overall.
Unlimited PTO; Daily food stipend; unlimited snacks, coffee and beverages
Review from Finance Dept
Its existence! Three more words
Review from Product Dept
PTO / Sick time is accrued every paycheck.
Review from Customer Support Dept
The paid time off program.
Review from Finance Dept
401k match is pretty great.
Review from Product Dept
There are several healthcare options available and additional perks such as lunch subsidy, flexible spending accounts, WageWorks commuter program, and snacks and beverages around the office.
Review from Operations Dept
Free food for lunch every workday
Review from Engineering Dept
Generous PTO package is offered to every employee.
Review from Product Dept
Love the unlimited PTO, it's the best.
Review from Marketing Dept
pretty comprehensive so-called 'hard' benefits that you would be familiar with in any line of work, but it is the 'soft' benefits that have a tremendous impact; namely, hospitality perks and flexible time off policies that reap dividends as well as numerous opportunities to learn / become involved
Review from Product Dept
fooda and the gym and the unlimited vacation
Review from Marketing Dept
Options are on an accelerated vesting schedule. Avant, want employees to stay because they see the value in the company not because they are waiting on shares to vest.
Review from IT Dept
Unlimited Paid Time Off is a nice bennie
Review from Engineering Dept
Unlimited PTO and WFH days are available
Review from IT Dept
We have the choice to decide if we want cash, equity, or a bit of both in our bonuses
Very generous time off policy!
Review from Operations Dept
Why do you feel undervalued and what would make you feel better about your compensation?
I would like more money for the value I provide to the company
Review from Operations Dept
Most individual contributors are underpaid for their skills and experience
Living wages for all at the company, better raised based on reviews and no hourly salary cap for agents and managers to be compensated based on their work instead of assigning a 3 to everyone.
Comparable to industry averages. Sometimes when people move up in the company, their salary is based on their original salary adding to it, instead of paying for the position.
Still seems like a boys club - pals of the executive team get large scale promotions much more frequently than the rest of us, especially women.
Not a lot of promises are kept, and the communication/positive atmosphere is at a low comparatively speaking in regards to other places I have been employed.
Review from Operations Dept
I love this company, However I do not feel that we are paid fairly.
Review from Customer Support Dept
They need to stop underpaying people at lower salary levels and have huge difference between execs and employees
Review from Operations Dept
It would be nice to make a living wage.
Review from Customer Support Dept
I dont feel undervalued in my position I do however feel that with the many different task that we handle we do deserve a higher wage then what we are making at this time.
Review from Customer Support Dept
We are underpaid as a whole, and theyre hiring new people at higher wages who are terrible at their jobs while those who are good are seeking other employment because we are not having our compensation increased fairly.
Review from Operations Dept
I feel that because we are based out of Tennesse it's ok to pay us less. For Avant to be a financial tech company it's concerning that the local grocery store will pay more money than Avant.
Review from Admin Dept
Pay raises need to be looked at more fairly especially when your are forced to learn multiple Bank partnerships and given more responsibility
Review from Operations Dept
I am underpaid compared to the benchmark of others in my field. Avant likes to pay by level, but does not take into consideration what other companies pay. Avant is also unwilling to make compensation changes in the short term even with data that proves a need.
Review from Product Dept
Bonus structure is a percentage of your salary with multipliers depending on your performance score. This sets a frustrating cap on bonus potential who put in the hours. Also, pay increases are done in a very corporate, slow and steady manner. They should consider jacking up pay for top performers.
Review from Operations Dept
I would like to be paid more
Review from Finance Dept
Experience does not match title and compensation.
Review from Operations Dept
Match other employers on pay. Don't feel undervalued.
Review from Engineering Dept
Underpaid for workload/expectation to juggle multiple responsibilities. Also underpaid for cost of living and level of education. A transparent comp structure would be helpful so we could know whether or not we're being paid fairly within our department, as pay and titles seem kind of random here.
Review from Operations Dept
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