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Anonymously Rate Your Experience & Make Work BetterNewtek 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 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 is rated A+
Last updated months ago
Newtek Business Services ranks in the Top 5% of other companies on Comparably with 201-500 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterOut 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.
| Positive Reviews | 86% |
|---|---|
| Constructive Feedback | 14% |
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 provides state-of-the-art, cost-efficient products and services and efficient business strategies to SMB accounts across all 50 states.
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.
| Headquarter | 1981 Marcus Avenue, Suite 130 New York City, NY 11042 United States of America |
|---|---|
| Website | www.newtekone.com |
| Founding Date | 1998 |
| Tel | (855)763-9835 |
| Company Status | Public |
| Stock | NEWT |
| Jobs | www.newtekone.com/company/careers/ |
| Social Sites |
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.

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.

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.
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.
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.
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
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.
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: Engineering at $128,364, Finance at $95,767, HR at $91,778, 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.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $76k | $76k | 1st Percentile |
17th Percentile $99k | $99k | 17th Percentile |
33rd Percentile $120k | $120k | 33rd Percentile |
50th Percentile $191k | $191k | 50th Percentile |
67th Percentile $245k | $245k | 67th Percentile |
83rd Percentile $271k | $271k | 83rd Percentile |
100th Percentile $340k | $340k | 100th Percentile |
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
The Diversity score provides insights into how diverse employees feel and rate their work experience at Newtek Business Services across various culture dimensions.
Newtek Business Services PTO policy is a critical component of the benefits package offered to employees.

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Candidates By Department
IT | 67% | |
|---|---|---|
All Industries | 33% |
Candidates By Location
Phoenix | 67% | |
|---|---|---|
Other | 33% |
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 Financial Analyst in Newtek Business Services?
Financial Analyst average salary in the US is 103k
What are the salaries in the HR in Newtek Business Services?
The average salaries for HR in Newtek Business Services is 92k