Newrez LLC Retention Score | 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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Newrez LLC Retention Score

Newrez LLC is in the Bottom 15% of similar sized companies in its ability to retain quality employees. 100% of employees would not leave Newrez LLC if they were offered a job for more money while 42% are excited to go to work each day. Overall, 50% of Newrez LLC's employees feel the company is doing what it should to retain them while 50% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated 20 days ago.

Where This Score Ranks Newrez LLC's Retention

  • BOTTOM
    15%

    In the Bottom 15% of 2117 Similar Sized Companies on Comparably

  • BOTTOM
    15%

    In the Bottom 15% of 66 Nearby Companies in Trenton, NJ

  • ?

    Not enough ratings to compare against competitors.

56
Jun
55
Jul
55
Aug
55
Oct
55
Dec
D54 / 100
Jan
Who Ranks Newrez LLC's Retention the Highest?
Experience - 1 to 3 Years 69/100
Department - Admin 62/100
Gender - Female 60/100
Who Ranks Newrez LLC's Retention the Lowest?
Ethnicity - Other 11/100
Department - Customer Support 27/100
Department - Operations 37/100

Newrez LLC Retention At a Glance

Newrez LLC's Retention score is rated a "D" by 201 employees. The category helps understand Newrez LLC's focus and commitment to retaining employees in their organization.

Over the past three months, Newrez LLC's Retention score has remained steady at 54/100. Newrez LLC ranks in 1st place versus 0 competitors which include . The Admin and Finance departments are likely to stay at the company the longest, while the Customer Support and Operations departments are likely to have the highest turnaround.

Newrez LLC's Retention score is in the Bottom 15% of 2117 similar sized companies (1,001-5,000 Employees) on Comparably. The Company ranks in the Bottom 15% compared to 66 nearby companies in Trenton, NJ.

Newrez LLC's Retention Trendline

  • Newrez LLC54
  • Other Companies in Trenton, NJ
  • Similar Size on Comparably

How Newrez LLC's Retention Score is Calculated

FILTER RATINGS BY

Results from 201 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes51%
No49%
Do you believe you're paid fairly?
AnswerPercent
Yes60%
No40%
Do you look forward to interacting with your coworkers?
63
out of 100
How would you rate the quality of your coworkers?
AnswerPercent
Yes42%
No58%
Are you typically excited about going to work each day?
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
Yes20%
No80%
Do you approve of the job your executive team is doing at your company?
AnswerPercent
Yes50%
No50%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
AnswerPercent
Very Secure0%
Secure Enough67%
Neutral33%
Insecure0%
Very Insecure0%
How secure do you feel your job is at your company?
AnswerPercent
Yes100%
No0%
Do you have a close friend at work?
AnswerPercent
Yes100%
No0%
Would you leave your current job for a 20% raise at a different company?
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?
AnswerPercent
Yes100%
No0%
Do you feel burnt out at work?
AnswerPercent
Yes100%
No0%
Are you challenged at work?
AnswerPercent
Yes100%
No0%
Would you turn down a job offer today, for slightly more money?
AnswerPercent
Yes100%
No0%
Are you proud to be a part of your company?

Newrez LLC's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM
15%

Newrez LLC ranks in the Bottom 15% of other companies on Comparably with 1,001-5,000 Employees for Retention Score.

  1. Thor Industries
    54 / 100
  2. Community Health Network
    54 / 100
  3. Vitamin Shoppe
    54 / 100
  4. Newrez LLC
    54 / 100
  5. Infosys
    53 / 100
  6. Epsilon
    53 / 100
  7. Time Inc.
    53 / 100

Newrez LLC's Retention Rank Against Other Companies Nearby

BOTTOM
15%

Newrez LLC ranks in the Bottom 15% of other companies in Trenton, NJ for Retention Score.

  1. du
    58 / 100
  2. Burlington Coat Factory
    57 / 100
  3. Digitas Health
    54 / 100
  4. Newrez LLC
    54 / 100
  5. Delphic Digital
    53 / 100
  6. Smart Start
    53 / 100
  7. Day & Zimmermann
    53 / 100

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