Newrez LLC Work Life Balance | Comparably
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
213
TOTAL
RATINGS
1756
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Newrez LLC Work Life Balance

The Work Life Balance at Newrez LLC is rated a C- by 73 employees putting it in the Bottom 30% of similar size companies on Comparably. 50% of Newrez LLC employees are satisfied with their work life balance while 100% feel they are burnt out. A well proportioned work life balance is necessary to keep employees happy and productive.

About 49% of the employees at Newrez LLC work eight hours or less, while 9% of them have a very long day - longer than twelve hours. The Majority of Newrez LLC employees feel burnt out.

In general, African American/Black employees and employees with 6 to 10 Years experience believe they have good work life balance while employees with Over 10 Years experience and Caucasian employees think there is room for improvement.

Work Life Balance
Bottom 30%Bottom 30% of Similar Size Companies on Comparably
C-

Newrez LLC is in the Bottom 30% of Similar Size Companies on Comparably

Happiness
Bottom 10%Bottom 10% of Similar Size Companies on Comparably
D-

Newrez LLC is in the Bottom 10% of Similar Size Companies on Comparably

Culture Score
Bottom 10%Bottom 10% of Similar Size Companies on Comparably
D-

Newrez LLC is in the Bottom 10% of Similar Size Companies on Comparably

How Employees Rate Newrez LLC's Work Life Balance

AnswerPercent
Yes50%
No50%
Are you satisfied with your work/life balance?
AnswerPercent
7 or less6%
843%
1036%
126%
More than 129%
On average, how many hours do you work a day?
AnswerPercent
>1 hour0%
1 hour0%
45 minutes0%
30 minutes0%
I eat at my desk100%
How long do you take for lunch breaks?
AnswerPercent
Yes100%
No0%
Do you feel burnt out at work?
AnswerPercent
Excellent50%
Good50%
Neutral0%
Not Great0%
Terrible0%
How’s the work life balance at your company?
Who Ranks the Work Life Balance highest at Newrez LLC?
Ethnicity - African American/Black 70/100
Experience - 6 to 10 Years 61/100
Department - Finance 60/100
Who Ranks the Work Life Balance lowest at Newrez LLC?
Experience - Over 10 Years 40/100
Ethnicity - Caucasian 42/100
Gender - Male 48/100

Newrez LLC Work Life Balance by Department

Work Life BalanceHappinessCulture Score
OperationsDD-F
Admin----C-
FinanceC-DD+
Customer Support----F

Newrez LLC Work Life Balance by Experience

Work Life BalanceHappinessCulture Score
1 to 3 Years----C+
3 to 6 YearsDD+D
6 to 10 YearsC-D-D-
Over 10 YearsFD-D-

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