Newtek Business Services Culture | Comparably
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Newtek Business Services Claimed Company
Newtek provides state-of-the-art, cost-efficient products and services and efficient business strategies to SMB accounts across all 50 states. read more
EMPLOYEE
PARTICIPANTS
7
TOTAL
RATINGS
98

Newtek Business Services Company Culture

Newtek Business Services Culture

This score is derived from employee ratings & reviews
A+
4.6/5

Top Rated Culture Dimensions

Newtek Business Services CEO

Top 20%Top 20% of Similar Size Companies on Comparably
Barry Sloane Newtek Business Services' CEO
Barry Sloane
75 /100

Diversity at Newtek Business Services

Women at Newtek Business Services

Newtek Business Services eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 15%Top 15% of Similar Size Companies on Comparably

Recommend to a Friend?

49

Newtek Business Services employees are 49% more likely to recommend Newtek Business Services as a great place to work

66%Promoters
17%Passives
17%Detractors

Working at Newtek Business Services

Working at Newtek Business Services is rated highly by 7 employees, across various culture dimensions. Newtek Business Services employees are most satisfied about Compensation, Environment, and Happiness categories, putting Newtek Business Services’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in New York. See below in detail how working at Newtek Business Services was rated by employees.

Overall Company Culture at Newtek Business Services

A+

Overall Company Culture at Newtek Business Services is rated A+

Last updated months ago

Top
5%

Newtek Business Services ranks in the Top 5% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score

Newtek Business Services Employee Reviews

Out of 8 Newtek Business Services employee reviews, 86% were positive. The remaining 14% were constructive reviews with the goal of helping Newtek Business Services improve their work culture.

86%
14%
Positive Reviews86%
Constructive Feedback14%

Positive Reviews From Newtek Business Services Employees

  • What did you like most about the interview process?
    Meeting my manager during the interview
  • What makes you most happy at work?
    Remote work, no micromanaging, support from managers if you need help
  • What is most positive about the culture and environment at your company?
    Rewards for working hard at your job

Newtek Business Services Company Information

Newtek Business Services Company Overview

Newtek provides state-of-the-art, cost-efficient products and services and efficient business strategies to SMB accounts across all 50 states.

Newtek Business Services Mission, Vision & Values

Newtek Business Services Mission Statement

Newtek Business Services Corp. (NASDAQ: NEWT) and its portfolio companies are premier providers of business solutions that are designed to help organizations grow sales, reduce costs, and minimize risk.

Newtek Business Services Values

  • Professionalism
  • Customer Fixation
  • Teamwork
  • Innovation
Headquarter1981 Marcus Avenue, Suite 130
New York City, NY 11042
United States of America
Websitewww.newtekone.com
Founding Date1998
Tel(855)763-9835
Company StatusPublic
StockNEWT
Jobswww.newtekone.com/company/careers/
Social Sites

Newtek Business Services Competitors

Newtek Business Services competitors include Travelers, AmTrust Financial, and Assurant. Newtek Business Services ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Newtek Business Services compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Newtek Business Services' Logo
    Newtek Business Services
    4.6/5
  2. #2
    Travelers' Logo
    Travelers
    4.3/5
  3. #3
    AmTrust Financial's Logo
    AmTrust Financial
    4.1/5
  4. #4
    Assurant's Logo
    Assurant
    4.1/5
  • Culture Video

Newtek Business Services Employees

7 employees at Newtek Business Services have reviewed Newtek Business Services across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 7 Newtek Business Services employees give their leadership a grade of A-, or Top 15% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Newtek Business Services are extremely happy with their total compensation at Newtek Business Services, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Newtek Business Services are extremely happy with their team. 7 Participants grade the quality of their coworkers an A. The majority believe the meetings at Newtek Business Services are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Newtek Business Services believe the environment at Newtek Business Services is positive. Most Participants believe the pace of work at Newtek Business Services is comfortably fast. About 75% of the employees at Newtek Business Services work 8 hours or less.

Overall, the employees at Newtek Business Services are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Newtek Business Services - Employee Onboarding

The prevailing opinion from Comparably users in New York about their company is that it was very prepared on their first day. New York employees concluded that their overall onboarding experience was positive. 74% 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.

Newtek Business Services KPIs and OKRs

Employees’ understanding of Newtek Business Services' KPIs and OKRs is essential for its success. Out of 2 Newtek Business Services employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.

AnswerPercent
Yes100%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Newtek Business Services CEO & Leadership

Newtek Business Services CEO - Barry Sloane

Barry Sloane Newtek Business Services' CEO
75 /100

Barry’s approval rate is in the Top 20% of all CEOs of similar-sized companies on Comparably, and in the Top 25% compared to the CEOs of all other companies in New York. Compared to Newtek Business Services’s competitors, Barry Sloane ranks right above Assurant CEO Keith Demmings. Under Sloane’s leadership, Newtek Business Services employee respondents are most happy about their Compensation and the company’s Environment. Executive Team and Manager are two areas, according to respondents, where Newtek Business Services could stand to see real improvement.

Newtek Business Services Leadership

The Newtek Business Services Executive Team is rated a “B” and led by CEO Barry Sloane, Chief Legal Officer, Chief Compliance Officer & Secretary Michael Adam Schwartz, and Chief Accounting Officer & Executive VP Jennifer Catherine Eddelson CPA

  • Barry Sloane  CEO / President

    Barry Sloane CEO / President

    Mr. Barry Sloane has been the Chairman and Chief Executive Officer of Newtek Business Services Corp. since 1999 and as... read more

  • Michael Adam Schwartz Chief Legal Officer, Chief Compliance Officer & Secretary

    Mr. Michael Adam Schwartz has been Chief Legal Officer and Secretary of Newtek Business Services Corp. since January 1,... read more

  • Jennifer Catherine Eddelson CPA Chief Accounting Officer & Executive VP

    Ms. Jennifer Catherine Eddelson, CPA has been Executive Vice President and Chief Accounting Officer at Newtek Business... read more

  • John Raven Chief Technology Officer & Chief Information Security Officer

    Mr. John Raven has been the Chief Information Security Officer and Chief Technology Officer of Newtek Business Services... read more

  • Timothy C. Ihlefeld Executive Vice President of Strategic Alliances and Chief Sales Officer

    Mr. Timothy C. Ihlefeld, also known as Tim, serves as Executive Vice President of Strategic Alliances and Chief Sales... read more

  • Suzie Sorvick SVP of Customer Service

    Suzie Sorvick serves as the SVP of Customer Service of Newtek Business Services.

  • David Miers Chief Operations Officer

    David Miers serves as the Chief Operations Officer of Newtek Business Services Corp. (NASDAQ: NEWT). David started at... read more

  • Michael Holden CFO

    Michael Holden serves as the CFO of Newtek Business Services.

  • Timothy Ihlefeld EVP Strategic Alliances, Chief Sales Officer

    Timothy Ihlefeld serves as the EVP Strategic Alliances, Chief Sales Officer of Newtek Business Services.

Newtek Business Services Salaries

How much does Newtek Business Services pay?

How much do people at Newtek Business Services get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Newtek Business Services is $118,782, or $57 per hour, while the estimated median salary is $128,077, or $61 per hour.

At Newtek Business Services, the highest paid job is a General Counsel at $253,126 annually and the lowest is an Admin Assistant at $51,160 annually. Average Newtek Business Services salaries by department include: HR at $91,778, Product at $137,593, Sales at $233,428, and Customer Support at $71,683. Half of Newtek Business Services salaries are above $128,077.

5 employees at Newtek Business Services rank their Compensation in the Top 5% of similar sized companies in the US (based on 17 ratings) while 5 employees at Newtek Business Services rank their Perks And Benefits in the Top 5% of similar sized companies in the US (based on 5 ratings).

Last updated months ago.

1st Percentile
$76k
$76k1st Percentile
17th Percentile
$99k
$99k17th Percentile
33rd Percentile
$120k
$120k33rd Percentile
50th Percentile
$191k
$191k50th Percentile
67th Percentile
$245k
$245k67th Percentile
83rd Percentile
$271k
$271k83rd Percentile
100th Percentile
$340k
$340k100th Percentile
$118,782*
Average Compensation
$128,077*
Median Compensation

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

Newtek Business Services Salaries by Department

Explore Newtek Business Services Salaries

Diversity & Inclusion at Newtek Business Services

The Diversity score provides insights into how diverse employees feel and rate their work experience at Newtek Business Services across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Newtek Business Services Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Vision Insurance
  • Health Insurance
  • Life Insurance

Financial Benefits

  • 401K / Retirement Plan

Office Perks

  • Work From Home Policy

Newtek Business Services PTO

Newtek Business Services PTO policy is a critical component of the benefits package offered to employees.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Newtek Business Services Careers

Newtek Business Services Jobs

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Let Newtek Business Services Know You Want To Work There

Overview of Candidates Interested in Newtek Business Services on Comparably

Candidates By Department

IT
67%
All Industries
33%

Candidates By Location

Phoenix
67%
Other
33%

Frequently Asked Questions regarding Newtek Business Services

What is Newtek Business Services address?

Newtek Business Services location is at 1981 Marcus Avenue, Suite 130

Who is the CEO of Newtek Business Services?

Newtek Business Services CEO is Barry Sloane, their score by employees is 75

What is Newtek Business Services eNPS?

The eNPS for Newtek Business Services is 49

What is the salary for Senior Developer in Newtek Business Services?

Senior Developer average salary in the US is 143k

What are the salaries in the Finance in Newtek Business Services?

The average salaries for Finance in Newtek Business Services is 96k

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