Rate Claimed Company

Rate was built on the principles of low rates, groundbreaking technology, complete transparency, excellent customer service and a quick, easy mortgage experience. We knew that to achieve the mission of being the best mortgage company for customers, we also needed to be the best mortgage company for employees and referral partners. We achieved that by innovating superior systems and technology to make the mortgage process easier and more transparent for everyone, and by creating a culture of positivity in which people have the opportunities to improve their lives and achieve their dreams. read more

EMPLOYEE PARTICIPANTS: 126

TOTAL RATINGS: 1249

CEO: Victor Ciardelli

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Rate Happiness Score

The employee happiness at Rate is listed in the Bottom 35% of similar size companies on Comparably. Compensation is an important aspect of employee happiness and at Rate, 57% of employees feel they are paid fairly, 48% are satisfied with their benefits, and 43% are satisfied with their stock/equity. 67% of Rate employees feel their work environment is positive meaning Rate is a happy place to work.

Last updated months ago.

Where This Score Ranks Rate's Happiness

BOTTOM
35%
In the Bottom 35% of 2146 Similar Sized Companies on Comparably
BOTTOM
35%
In the Bottom 35% of 221 Nearby Companies in Chicago
2nd
2nd place versus 2 competitors rated on Comparably

Jun

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Sep

Nov

C-61 / 100

Jan

Who Ranks Rate's Happiness the Highest?

Department - Sales 91/100

Ethnicity - African American/Black 89/100

Experience - 3 to 6 Years 86/100

Who Ranks Rate's Happiness the Lowest?

Department - Operations 26/100

Experience - 1 to 3 Years 39/100

Department - Engineering 51/100

Rate Happiness At a Glance

Rate employees rate their happiness at the workplace a "C-" (based on 245 ratings). The Happiness score describes employees well-being based on various topics such as positivity in the workplace, opportunities for professional growth, and satisfaction towards compensation and benefits.

63 Rate employees answered questions like "Are your company's goals clear, and are you invested in them?" and "Do you feel burnt out at work?" In general, employees in the Sales and Engineering departments are considered to be the most happy at Rate, while the Operations department are considered to be the least happy. Also, employees with 3 to 6 Years Experience are more satisfied at Rate, while employees with 1 to 3 Years Experience are the least satisfied.

Rate's Happiness score ranks in 2nd place when compared to competitors Kiavi (formerly LendingHome) and STARWOOD PROPERTY TRUST. The company is also in the Bottom 35% of other companies in Chicago and Bottom 35% of other companies on Comparably.