CommonBond Culture | Comparably
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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

CommonBond Company Culture

CommonBond Culture

This score is derived from employee ratings & reviews
3.0/5
CommonBond's Overall Culture is rated C-

Top Rated Culture Dimensions

CommonBond CEO

Bottom 15%Bottom 15% of Similar Size Companies on Comparably
David Klein CommonBond's CEO
David Klein
57 /100

Diversity at CommonBond

Bottom 25%Bottom 25% of Similar Size Companies on Comparably
D+

Diverse employees at CommonBond have rated Retention, Happiness, and Compensation as the highest categories they have scored

Women at CommonBond

Bottom 20%Bottom 20% of Similar Size Companies on Comparably
D

Women at CommonBond have rated Team, Retention, and Environment as the highest categories they have scored

CommonBond eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 15%Bottom 15% of Similar Size Companies on Comparably

Recommend to a Friend?

-50

CommonBond employees are -50% more likely to recommend CommonBond as a great place to work

25%Promoters
0%Passives
75%Detractors

Working at CommonBond

Working at CommonBond is rated below average by 20 employees, across various culture dimensions. CommonBond employees rate Professional Development highest among all categories, and think that CEO Rating and eNPS have the most room for improvement, putting CommonBond’s culture in the Bottom 35% compared to similar sized companies on Comparably and in the Bottom 40% compared to other companies in New York. See below in detail how working at CommonBond was rated by employees.

Overall Company Culture at CommonBond

C-

Overall Company Culture at CommonBond is rated C-

Last updated months ago

Bottom
35%

CommonBond ranks in the Bottom 35% of other companies on Comparably with 51-200 Employees for Overall Company Culture Score

CommonBond Employee Reviews

0%
100%
Positive Reviews0%
Constructive Feedback100%

CommonBond Company Information

CommonBond Company Overview

CommonBond is an online lending platform that connects borrowers and investors to make education finance better.

CommonBond was founded in 2011 and its current CEO is David Klein. Since its inception 15 years ago, CommonBond has grown to 200 employees.

CommonBond Mission, Vision & Values

CommonBond Mission & Values

To deliver competitive pricing, a simple, tech-enabled experience, and exceptional customer service.

Headquarter524 Broadway, 6th Floor
New York City, NY 10012
United States of America
Websitecommonbond.co
Founding Date2011
Tel1-800-975-7812
Company StatusPrivate
Jobscommonbond.co/careers
Social Sites

CommonBond Competitors

CommonBond competitors include SoFi, MPOWER Financing, and Credible. CommonBond ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how CommonBond compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    SoFi's Logo
    SoFi
    4.3/5
  2. #2
    MPOWER Financing's Logo
    MPOWER Financing
    4.3/5
  3. #3
    CommonBond's Logo
    CommonBond
    3.0/5
  4. #4
    Credible's Logo
    Credible
    2.5/5
  • Culture Video

CommonBond Employees

CommonBond has 200 employees. 20 employees at CommonBond have reviewed CommonBond across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 20 CommonBond employees give their leadership a grade of D+, or Bottom 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at CommonBond are not very pleased with their total compensation at CommonBond, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at CommonBond are pleased with their team. 20 Participants grade the quality of their coworkers a C. The majority believe the meetings at CommonBond are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at CommonBond believe the environment at CommonBond is positive. Most Participants believe the pace of work at CommonBond is extremely fast. About 29% of the employees at CommonBond work 8 hours or less.

Overall, the employees at CommonBond are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

A Day in the Life
A Day in the Life
CommonBond employees generally work 9.6 hrs a day
Work Hours
A Day in the Life
Employees at CommonBond report the work pace is extremely fast
Work Pace
A Day in the Life
On a typical day, employees at CommonBond have 3 meetings
Meetings
A Day in the Life
86% of CommonBond employees look forward to interacting with their team every day
Coworkers
A Day in the Life
60% of CommonBond employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
69% of CommonBond employees call their work environment positive
Environment

Joining CommonBond - Employee Onboarding

The prevailing opinion from employees about joining CommonBond is that the company was unprepared on their first day. CommonBond employees concluded that their overall onboarding experience was negative. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

CommonBond KPIs and OKRs

Employees’ understanding of CommonBond's KPIs and OKRs is essential for its success. Out of 2 CommonBond employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.

AnswerPercent
Yes50%
No50%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No100%
Are the KPIs/OKRs for your department clear?

CommonBond CEO & Leadership

CommonBond CEO - David Klein

David Klein CommonBond's CEO
57 /100

David’s approval rate is lower compared to CEOs at similar sized companies, putting David in the Bottom 15% of all CEOs of similar-sized companies on Comparably, and in the Bottom 15% compared to CEOs of all other companies in New York. David Klein’s employees rank CommonBond in the Top 50% for Professional Development, in the Bottom 45% for Team, and in the Bottom 40% for Environment. Klein is generally unpopular with CommonBond employees, but ranks especially low with employees with the company for Less than 1 Year. However, Male employees have a slightly more favorable view of the CEO. When compared to CommonBond’s competitors, David Klein ranks below both SoFi CEO Anthony Noto and MPOWER Financing CEO Emmanuel Smadja.

CommonBond Leadership

The CommonBond Executive Team is rated a “D” and led by CEO David Klein, CTO Dean McRobie, and Vice President Business Development Leigh Gross

  • David Klein  CEO / President

    David Klein CEO / President

    David Klein serves as the CEO / President of CommonBond.

  • Dean McRobie CTO

    Dean McRobie serves as the CTO of CommonBond.co. Dean started at CommonBond.co in February of 2017. Dean currently... read more

  • Leigh Gross Vice President Business Development

    Leigh Gross serves as the Vice President Business Development of CommonBond.co. Leigh started at CommonBond.co in... read more

  • Robb Granado Chief Operating Officer

    Robb Granado serves as the Chief Operating Officer of CommonBond.co. Robb started at CommonBond.co in October of 2014.... read more

  • Vinayak Gurjar Chief Risk Officer

    Vinayak Gurjar serves as the Chief Risk Officer of CommonBond.co. Vinayak started at CommonBond.co in April of 2015.... read more

  • Jay Coleman Chief Financial Officer

    Jay Coleman serves as the Chief Financial Officer of CommonBond.co. Jay started at CommonBond.co in August of 2017. Jay... read more

  • Morgan Edwards Chief Financial Officer

    Morgan Edwards serves as the Chief Financial Officer of CommonBond.co. Morgan started at CommonBond.co in June of 2015.... read more

  • Tara Fung Vice President, CommonBond for Business General Manager

    Tara Fung serves as the Vice President, CommonBond for Business General Manager of CommonBond.co. Tara started at... read more

  • Veena Ramaswamy VP of Strategy & Corporate Development

    Veena Ramaswamy serves as the VP of Strategy & Corporate Development of CommonBond.co. Veena started at CommonBond.co in... read more

CommonBond Salaries

How much does CommonBond pay?

How much do people at CommonBond get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at CommonBond is $104,646, or $50 per hour, while the estimated median salary is $113,225, or $54 per hour.

At CommonBond, the highest paid job is a Director of Engineering at $172,839 annually and the lowest is an Admin Assistant at $45,083 annually. Average CommonBond salaries by department include: Product at $122,564, Marketing at $136,470, Engineering at $117,143, and Finance at $74,278. Half of CommonBond salaries are above $113,225.

17 employees at CommonBond rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 59 ratings) while 16 employees at CommonBond rank their Perks And Benefits in the Bottom 25% of similar sized companies in the US (based on 20 ratings).

Last updated months ago.

1st Percentile
$59k
$59k1st Percentile
20th Percentile
$87k
$87k20th Percentile
40th Percentile
$110k
$110k40th Percentile
60th Percentile
$176k
$176k60th Percentile
80th Percentile
$208k
$208k80th Percentile
100th Percentile
$331k
$331k100th Percentile
$104,646*
Average Compensation
$113,225*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

CommonBond Salaries by Department

Explore CommonBond Salaries

Diversity & Inclusion at CommonBond

Diverse employees at CommonBond score the company 70/100 across various culture categories, placing CommonBond in the Bottom 25% of companies on Comparably with 51-200 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at CommonBond across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

CommonBond Perks & Benefits

Financial Benefits

  • 401K / Retirement Plan

Health & Wellness

  • Gym Membership / Reimbursement

CommonBond PTO

CommonBond's PTO and Vacation policy typically gives unlimited days off a year with 0% of employees expected to be work free while out of office. Paid Time Off is CommonBond's most important benefit besides Healthcare when ranked by employees, with 50% of employees saying it is the most important benefit. CommonBond's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.

AnswerPercent
Flex Time0%
Vacation Policy50%
Office Meals0%
401k Contribution50%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes100%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo50%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo50%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

CommonBond Careers

CommonBond Jobs

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H1B Visa

In 2019, CommonBond applied for 8 H1B visas. Of the work permits applied for, 100% were approved.

Work Permit Application Outcome

CommonBond has a total of 200 employees

8
Total Applied
  • 100% Granted (8 out of 8)
  • 0% Denied ( out of 8)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 8)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 8)

This data was calculated using publicly sourced data from OFLC Performance Data

Let CommonBond Know You Want To Work There

Overview of Candidates Interested in CommonBond on Comparably

Candidates By Department

All Industries
36%
Product
16%
Engineering
10%
Marketing
8%
Business Development
6%
Other
24%

Candidates By Location

New York City
70%
San Francisco
4%
Brooklyn
3%
Bronx
2%
Los Angeles
2%
Other
20%

Frequently Asked Questions regarding CommonBond

What is CommonBond address?

CommonBond location is at 524 Broadway, 6th Floor

Who is the CEO of CommonBond?

CommonBond CEO is David Klein, their score by employees is 57

What is CommonBond eNPS?

The eNPS for CommonBond is -50

What is the salary for Account Manager in CommonBond?

Account Manager average salary in the US is 91k

What are the salaries in the Sales in CommonBond?

The average salaries for Sales in CommonBond is 237k

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