loanDepot – 1) production bonus pay is not attainable within a computer system of failures; the requirement to work as fast as possible without mistake when auditing post closing docs; procedure redunancy; constant micro-management; discrimination at many levels. | Comparably

loanDepot – 1) production bonus pay is not attainable within a computer system of failures; the requirement to work as fast as possible without mistake when auditing post closing docs; procedure redunancy; constant micro-management; discrimination at many levels.

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
235
TOTAL
RATINGS
1995
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1) production bonus pay is not attainable within a computer system of failures; the requirement to work as fast as possible without mistake when auditing post closing docs; procedure redunancy; constant micro-management; discrimination at many levels.

What is most positive about the culture and environment at your company?

Unfortunately I can't offer any positive comments.

What did you like most about the interview process?

Process was quick and effecient.

What makes you most happy at work?

As far as loanDepot is concerned, being left alone to perform assigned tasks.

What do your coworkers need to improve and how could you work together better?

Due to COVID and working remotely there is little to no interaction. Even when we were in the office interaction was frowned upon.

Why do you feel undervalued and what would make you feel better about your compensation?

Increase the hourly rate. Performance pay is not attainable for the position I perform. Had I known this I would not have accepted the offer of employment.

What does the leadership team need to get better at?

Consider lower level employees as valued contributors to the money making machine. There are NO perks to most jobs, except just to be glad you have one. Stop telling employees to just quit if we don't like the manipulative rules. Remember that the CEO is not GOD.

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