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PennyMac Company Culture
PennyMac Culture
This score is derived from employee ratings & reviews3.3/5
PennyMac's Overall Culture is rated C
Top Rated Culture Dimensions
Executive Team
ALeadership
BCEO Rating
BManager
B-Team
B-PennyMac CEO
Top 35%Top 35% of Similar Size Companies on Comparably
Stanford Kurland
71 /100
See More
Diversity at PennyMac
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at PennyMac
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterPennyMac 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 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
-6
PennyMac employees are -6% more likely to recommend PennyMac as a great place to work
| 22% | Promoters |
|---|---|
| 50% | Passives |
| 28% | Detractors |
Working at PennyMac
Working at PennyMac is rated below average by 22 employees, across various culture dimensions. PennyMac employees rate Executive Team highest among all categories, and think that Compensation and Happiness have the most room for improvement, putting PennyMac’s culture in the Bottom 45% compared to similar sized companies on Comparably and in the Bottom 40% compared to other companies in Los Angeles. See below in detail how working at PennyMac was rated by employees.
Overall Company Culture at PennyMac
C
Overall Company Culture at PennyMac is rated C
Last updated months ago
Bottom
45%
PennyMac ranks in the Bottom 45% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterPennyMac Employee Reviews
Out of 2 PennyMac employee reviews, 100% were positive.
| Positive Reviews | 100% |
|---|---|
| Constructive Feedback | 0% |
Positive Reviews From PennyMac Employees
- What makes you most happy at work?Interacting with the people and the challenging work.
PennyMac Company Information
PennyMac Company Overview
PMT is a finance company that invests in residential mortgage loans and mortgage-related assets.
PennyMac Mission, Vision & Values
PennyMac Mission & Values
PMT’s targeted investments are in the U.S. residential mortgage market. We are primarily focused on investing in distressed mortgage loans available for acquisition from financial institutions and engaging in correspondent lending.
| Headquarter | Moorpark, CA United States of America |
|---|---|
| Website | www.pennymacmortgageinvestmenttrust.com |
| Founding Date | 2009 |
| Company Status | Public |
PennyMac Competitors
PennyMac competitors include Capital One, FirstKey Holdings, Wells Fargo, and Freddie Mac. PennyMac ranks 5th in Overall Culture Score on Comparably vs its competitors. See below how PennyMac compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
PennyMac Employees
22 employees at PennyMac have reviewed PennyMac 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 22 PennyMac employees give their leadership a grade of B, or Top 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at PennyMac are mostly dissatisfied with their total compensation at PennyMac, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at PennyMac are generally satisfied with their team. 22 Participants grade the quality of their coworkers a B-. The majority believe the meetings at PennyMac are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at PennyMac believe the environment at PennyMac is positive. Most Participants believe the pace of work at PennyMac is comfortably fast. About 55% of the employees at PennyMac work 8 hours or less, while 11% of them have an extremely long day - longer than twelve hours.
Overall, the employees at PennyMac are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining PennyMac - Employee Onboarding
The prevailing opinion from Comparably users in Los Angeles about their company is that it was very prepared on their first day. Los Angeles 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.
PennyMac KPIs and OKRs
Employees’ understanding of PennyMac's KPIs and OKRs is essential for its success. Out of 3 PennyMac employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 2 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
PennyMac Salaries
How much does PennyMac pay?
How much do people at PennyMac get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at PennyMac is $107,561, or $51 per hour, while the estimated median salary is $108,422, or $52 per hour.
At PennyMac, the highest paid job is a Group Engineering Manager at $201,657 annually and the lowest is a Technical Support at $46,699 annually. Average PennyMac salaries by department include: Finance at $84,969, Product at $158,066, Engineering at $134,370, and Design at $119,342. Half of PennyMac salaries are above $108,422.
11 employees at PennyMac rank their Compensation in the Bottom 25% of similar sized companies in the US (based on 37 ratings) while 11 employees at PennyMac rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 12 ratings).
Salaries contributed from PennyMac employees include job titles like Architect and Business Analyst. Comparably data has a total of 5 salary records from PennyMac employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $66k | $66k | 1st Percentile |
17th Percentile $87k | $87k | 17th Percentile |
33rd Percentile $107k | $107k | 33rd Percentile |
50th Percentile $166k | $166k | 50th Percentile |
67th Percentile $226k | $226k | 67th Percentile |
83rd Percentile $237k | $237k | 83rd Percentile |
100th Percentile $287k | $287k | 100th Percentile |
$107,561*
Average Compensation
$108,422*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
PennyMac Salaries by City
PennyMac Salaries by Department
Diversity & Inclusion at PennyMac
The Diversity score provides insights into how diverse employees feel and rate their work experience at PennyMac across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
PennyMac Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
Financial Benefits
- 401K / Retirement Plan
- Employee Stock Purchase Plan
PennyMac PTO
PennyMac's PTO and Vacation policy typically gives 10-15 days off a year. PennyMac's benefits and PTO Package averages to represent a $1000 -$1500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
PennyMac Careers
PennyMac Jobs
No Recent Jobs found for PennyMac on Comparably
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Overview of Candidates Interested in PennyMac on Comparably
Candidates By Department
Engineering | 100% |
|---|
Candidates By Location
Dallas | 100% |
|---|
Frequently Asked Questions regarding PennyMac
Who is the CEO of PennyMac?
PennyMac CEO is Stanford Kurland, their score by employees is 71
What is PennyMac eNPS?
The eNPS for PennyMac is -6
What is the salary for Mobile Developer in PennyMac?
Mobile Developer average salary in the US is 159k
What are the salaries in the Finance in PennyMac?
The average salaries for Finance in PennyMac is 85k
Who are PennyMac competitors?
PennyMac main competitors are Capital One, FirstKey Holdings, Wells Fargo, Freddie Mac
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