Joining Newrez LLC - Employee Onboarding | Comparably
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Newrez LLC Claimed Company
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential read more
EMPLOYEE
PARTICIPANTS
205
TOTAL
RATINGS
1685
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Joining Newrez LLC - Employee Onboarding

Employee Sentiment

The prevailing opinion from employees about joining Newrez LLC is that the company was prepared on their first day. Newrez LLC employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

AnswerPercent
Yes100%
No0%
Did you have a positive onboarding experience when you were hired at your current company?
AnswerPercent
Very Prepared0%
Prepared100%
Somewhat Prepared0%
Unprepared0%
Very Unprepared0%
How prepared was your company on your first day of onboarding?
AnswerPercent
Yes100%
No0%
Was your direct manager helpful with your onboarding during your first 90 days?
1

Meet Your Managers

Your direct manager highly affects your experience at a company; overall managers at Newrez LLC are rated a D+. At Newrez LLC most employees said they received feedback once a quarter. Learn More about your managers at Newrez LLC.

AnswerPercent
Every week0%
Once a month0%
Once a quarter100%
Once a year0%
Never0%
How often do you get valuable feedback on how to improve at work?
AnswerPercent
Yes0%
No100%
Does your boss expect you to work when you're on vacation?
AnswerPercent
Yes0%
No100%
Do you feel comfortable giving your boss negative feedback?
2

Negotiate Salary

If you think you and your skill set should be valued higher than your offer, negotiate your salary! 33% of employees at Newrez LLC said they negotiated their salaries. On average, Newrez LLC employees earn $120,741. Newrez LLC ranks in the Bottom 15% for compensation in Trenton, NJ. Learn More about Salaries at Newrez LLC.

Average Salaries at Newrez LLC by Department
$141k*
Engineering
$153k*
Product
$115k*
Design
$123k*
Marketing
$138k*
Operations
$58k*
Admin
$114k*
Business Dev
$87k*
Finance
$66k*
Customer Support
$112k*
HR
$97k*
IT
$160k*
Legal
$140k*
Sales

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

3

Get Acclimated

Now that you’ve joined Newrez LLC, get acclimated. Is lunch a social time or do people sit at their desks? At Newrez LLC the most common answer selected by employees is eat lunch at their desk. Understand your coworkers and why they’ve chosen to stay at Newrez LLC, many employees say it’s because of the co-workers.

AnswerPercent
Company Mission0%
Comp & Benefits0%
Co-Workers100%
Comfort & Familiarity0%
Career Advancement Opportunities0%
What's the main reason you stay at your current company?
AnswerPercent
>1 hour0%
1 hour0%
45 minutes0%
30 minutes0%
I eat at my desk100%
How long do you take for lunch breaks?
AnswerPercent
Multiple times a week0%
Once a week0%
Once a month0%
Once a quarter50%
Never50%
How often do you socialize with team members outside of work?
4

Professional Development

Newrez LLC ranks in the Top 50% of companies for professional development in Trenton, NJ. 100% of employees said they had a mentor at the office. Learn More about Professional Development at Newrez LLC.

AnswerPercent
Yes100%
No0%
Do you have a mentor at work?
AnswerPercent
Yes0%
No100%
Does your current company provide you meaningful opportunities for career advancement?

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