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
218
TOTAL
RATINGS
1822
HR or Marketing? Claim Your Free Employer Account

Newrez LLC Work Life Balance

The Work Life Balance at Newrez LLC is rated a D+ by 75 employees putting it in the Bottom 25% of similar size companies on Comparably. 25% 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 48% 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 are not satisfied with their work life balance and feel burnt out.

In general, African American/Black employees and employees in the Finance department believe they have good work life balance while employees in the IT department and Caucasian employees think there is room for improvement.

Work Life Balance
Bottom 25%Bottom 25% of Similar Size Companies on Comparably
D+

Newrez LLC is in the Bottom 25% of Similar Size Companies on Comparably

Happiness
Bottom 15%Bottom 15% of Similar Size Companies on Comparably
D

Newrez LLC is in the Bottom 15% 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
Yes25%
No75%
Are you satisfied with your work/life balance?
AnswerPercent
7 or less5%
843%
1036%
127%
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
Department - Finance 60/100
Experience - 3 to 6 Years 58/100
Who Ranks the Work Life Balance lowest at Newrez LLC?
Department - IT 30/100
Ethnicity - Caucasian 39/100
Experience - Over 10 Years 40/100

Newrez LLC Work Life Balance by Department

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

Newrez LLC Work Life Balance by Experience

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

Anonymously ask Newrez LLC Employees About their Work Life Balance

Ask anonymous questions about the work life balance at Newrez LLC and get real answers from current employees.

Thanks! Your question has been posted anonymously.

Your questions will be posted publicly. Please don't submit any personal information.

×
Rate your company