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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
CommonBond Company Culture
CommonBond Culture
This score is derived from employee ratings & reviews3.0/5
CommonBond's Overall Culture is rated C-
Top Rated Culture Dimensions
Professional Development
C+Team
CEnvironment
CRetention
CCompensation
C-CommonBond CEO
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
David Klein
57 /100
See More
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
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterCommonBond Employee Reviews
Share Your Opinion
Anonymously Rate Your Experience & Make Work Better| Positive Reviews | 0% |
|---|---|
| Constructive Feedback | 100% |
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.
| Headquarter | 524 Broadway, 6th Floor New York City, NY 10012 United States of America |
|---|---|
| Website | commonbond.co |
| Founding Date | 2011 |
| Tel | 1-800-975-7812 |
| Company Status | Private |
| Jobs | commonbond.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.
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.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
CommonBond CEO & Leadership
CommonBond CEO - David Klein
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 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
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: Engineering at $117,143, Operations at $80,498, Sales at $236,660, and IT at $92,754. 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.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $59k | $59k | 1st Percentile |
20th Percentile $87k | $87k | 20th Percentile |
40th Percentile $110k | $110k | 40th Percentile |
60th Percentile $176k | $176k | 60th Percentile |
80th Percentile $208k | $208k | 80th Percentile |
100th Percentile $331k | $331k | 100th 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
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
Ranked Culture the Lowest
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.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
CommonBond Careers
CommonBond Jobs
No Recent Jobs found for CommonBond on Comparably
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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
H1B Applications Outcome
- 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 HR Manager in CommonBond?
HR Manager average salary in the US is 96k
What are the salaries in the Business Development in CommonBond?
The average salaries for Business Development in CommonBond is 104k
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