Millennials at LendingClub | Comparably
LendingClub Claimed Company
To create an alternative to banks that offers both borrowers and investors a great rate. read more
EMPLOYEE
PARTICIPANTS
106
TOTAL
RATINGS
1072
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Millennials at LendingClub

Millennials at LendingClub grade their overall culture a C; also rating it 66/100, equivalent to LendingClub's overall culture as rated by all 106 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at LendingClub think their company is performing well in are: Perks And Benefits (A), Happiness (B), and Compensation, (B).

Work Life Balance & Community Outreach at LendingClub

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

AnswerPercent
Yes60%
No40%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited55%
20-30 days18%
15-20 days18%
10-15 days0%
0-10 days9%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly20%
Monthly0%
Sometimes80%
Infrequently0%
Never0%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at LendingClub

Within San Francisco, 33% of millennials shared they have a mentor. At LendingClub, 55% of millennials say they receive mentorship, which leads to the assumption that LendingClub is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at LendingClub.

AnswerPercent
Yes55%
No45%
Do you have a mentor at work?
AnswerPercent
Yes20%
No80%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at LendingClub

Employees at LendingClub have ranked their perks and benefits in the Top 40% of companies within San Francisco and in the Top 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think LendingClub spends on their benefits, the most common answer selected is $500 -$1000/mo. If LendingClub employees had to select an additional benefit not already provided it would be massage therapy. Learn about perks & benefits at LendingClub.

AnswerPercent
Yes75%
No25%
Are you satisfied with your Benefits?
AnswerPercent
Yes55%
No45%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training0%
Decision Making50%
Fun Culture0%
Retirement Contribution50%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at LendingClub

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, LendingClub employees rate their work life balance a C+. They do not think highly of LendingClub's professional growth opportunities. Employees have graded LendingClub's perks and benefits a B. These ratings and reviews lead us to conclude that LendingClub is a suitable company for the millennial workforce. Learn more about LendingClub's efforts to retain employees.

AnswerPercent
Yes88%
No12%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes25%
No75%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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