loanDepot Claimed Company

loanDepot is the third largest private, independent retail mortgage lender in the U.S. and provides residential loans. loanDepot’s current read more

EMPLOYEE PARTICIPANTS: 231

TOTAL RATINGS: 1953

CEO: Anthony Hsieh

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loanDepot Retention Score

loanDepot is in the Bottom 20% of similar sized companies in its ability to retain quality employees. 80% of employees would not leave loanDepot if they were offered a job for more money while 47% are excited to go to work each day. Overall, 17% of loanDepot's employees feel the company is doing what it should to retain them while 83% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated 9 days ago.

Where This Score Ranks loanDepot's Retention

BOTTOM
20%
In the Bottom 20% of 1799 Similar Sized Companies on Comparably
BOTTOM
20%
In the Bottom 20% of 402 Nearby Companies in Los Angeles
3rd
3rd place versus 4 competitors rated on Comparably

Jun

Jul

Oct

Nov

Dec

D58 / 100

Jan

Who Ranks loanDepot's Retention the Highest?

Experience - 6 to 10 Years 83/100

Ethnicity - African American/Black 67/100

Gender - Male 66/100

Who Ranks loanDepot's Retention the Lowest?

Ethnicity - Native American 47/100

Experience - 3 to 6 Years 50/100

Tenure - 2 to 5 Years 53/100

loanDepot Retention At a Glance

loanDepot's Retention score is rated a "D" by 231 employees. The category helps understand loanDepot's focus and commitment to retaining employees in their organization.

Over the past three months, loanDepot's Retention score has remained steady at 58/100. loanDepot ranks in 3rd place versus 4 competitors which include New American Funding, Rocket Companies, BorrowersFirst, and Network Capital Funding. The IT and Customer Support departments are likely to stay at the company the longest, while the Operations and Sales departments are likely to have the highest turnaround.

loanDepot's Retention score is in the Bottom 20% of 1799 similar sized companies (5,001-10,000 Employees) on Comparably. The Company ranks in the Bottom 20% compared to 402 nearby companies in Los Angeles.

loanDepot's Retention Trendline

loanDepot58
Other Companies in Los Angeles
Similar Size on Comparably

How loanDepot's Retention Score is Calculated

Answer	Percent
Yes	46%
No	54%

Do you believe you're paid fairly?

Answer	Percent
Yes	67%
No	33%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	47%
No	53%

Are you typically excited about going to work each day?

Answer	Percent
Every week	18%
Once a month	36%
Once a quarter	9%
Once a year	9%
Never	28%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	50%
No	50%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	17%
No	83%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	11%
Secure Enough	25%
Neutral	38%
Insecure	13%
Very Insecure	13%

How secure do you feel your job is at your company?

Answer	Percent
Yes	60%
No	40%

Do you have a close friend at work?

Answer	Percent
Yes	80%
No	20%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	33%
Once a week	0%
Once a month	33%
Once a quarter	0%
Never	34%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	33%
No	67%

Do you feel burnt out at work?

Answer	Percent
Yes	57%
No	43%

Are you challenged at work?

Answer	Percent
Yes	80%
No	20%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	50%
No	50%

Are you proud to be a part of your company?

loanDepot's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

20%

loanDepot ranks in the Bottom 20% of other companies on Comparably with 5,001-10,000 Employees for Retention Score.

loanDepot's Retention Rank Against Other Companies Nearby

BOTTOM

20%

loanDepot ranks in the Bottom 20% of other companies in Los Angeles for Retention Score.

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