Millennials at CommonBond | Comparably
CommonBond Claimed Company
CommonBond is an online lending platform that connects borrowers and investors to make education finance better. read more
EMPLOYEE
PARTICIPANTS
20
TOTAL
RATINGS
307
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Millennials at CommonBond

Millennials at CommonBond grade their overall culture a C-; also rating it 66/100, equivalent to CommonBond's overall culture as rated by all 20 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at CommonBond think their company is performing well in are: Team (C), Professional Development (B), and Environment, (C+).

Work Life Balance & Community Outreach at CommonBond

Millennials working at CommonBond and everywhere else are striving for a balanced life. At CommonBond, the majority of employees are satisfied with their work life balance. The average CommonBond employee receives unlimited paid days off per year, and socializes with their peers once a month outside of work. See what employees at CommonBond think about their work life balance.

AnswerPercent
Yes60%
No40%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited100%
20-30 days0%
15-20 days0%
10-15 days0%
0-10 days0%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly0%
Monthly0%
Sometimes0%
Infrequently0%
Never100%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at CommonBond

Within New York, 34% of millennials shared they have a mentor. At CommonBond, 50% of millennials say they receive mentorship, which leads to the assumption that CommonBond is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at CommonBond.

AnswerPercent
Yes50%
No50%
Do you have a mentor at work?
AnswerPercent
Yes100%
No0%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at CommonBond

Employees at CommonBond have ranked their perks and benefits in the Bottom 30% of companies within New York and in the Bottom 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think CommonBond spends on their benefits, the most common answer selected is less than $500/mo. If CommonBond employees had to select an additional benefit not already provided it would be gym/health club membership. Learn about perks & benefits at CommonBond.

AnswerPercent
Yes56%
No44%
Are you satisfied with your Benefits?
AnswerPercent
Yes50%
No50%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off50%
Career Training0%
Decision Making0%
Fun Culture0%
Retirement Contribution50%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at CommonBond

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, CommonBond employees rate their work life balance a D+. They think highly of CommonBond's professional growth opportunities. Employees have graded CommonBond's perks and benefits a D+. These ratings and reviews lead us to conclude that CommonBond is a suitable company for the millennial workforce. Learn more about CommonBond's efforts to retain employees.

AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes0%
No100%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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