SoFi Compensation Employee Reviews | Comparably
SoFi Claimed Company
For nearly a decade, SoFi has helped transform the fintech industry by creating financial products and services that help people borrow, save, spend, invest, and protect their money better, so they can achieve financial independence and realize their ambitions. Whether it’s owning a home, saving for retirement, paying off their student loans, or helping our members invest - SoFi is there every step of the way. read more
EMPLOYEE
PARTICIPANTS
124
TOTAL
RATINGS
1006
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SoFi Compensation Employee Reviews

What is the best part about your compensation package?

Fair salary and equity package, but getting worse in structure over time

Student Loan Repayment is by far the best.

Tuition reimbursement is my favorite part of my compensation package. It's allowed me to go back to school and I'll be finishing two degrees this year with SoFi's help. While I'm too small of a fish to recieve stock benefits, I've heard from more tenured employees that it's awesome too!

Quarterly bonus + stock compensation

Medical and Equity component of the package

Equity is the best part

Stock options looking like I will make monthly

Review from Product Dept

the cash and bonus comp

Competitive pay, regular bonuses, and 100% paid insurance premiums.

Review from Engineering Dept

100% paid premiums for health care and thr lunch card.

Excellent comprehensive healthcare packages, great starting pay, bonuses.

At par with notable same sized companies. But benefits take it ten steps further.

Review from Engineering Dept

they pay for all benefits, I just pay extra for increase in life insurance and a couple other premiums I'm signed up for.

Why do you feel undervalued and what would make you feel better about your compensation?

So many companies match 401k and sofi doesn't. They only offer stock options for some management positions but SoFi stock is trash. No one wants your worthless stock.

Matching 401K would be great for a company that wants to help people financially be secured

higher RSU grans and regular grants

Review from Product Dept

Review Sentiment at SoFi

81
81%
19
19%

About SoFi's Compensation

B
70/100

Where This Score Ranks SoFi's Compensation

TOP
35%

In the Top 35% of 2155 similar size companies on Comparably

TOP
50%

In the Top 50% of 865 companies in San Francisco

1st

1st place versus 5 competitors rated on Comparably

49 employees at SoFi score their wages and compensation a B on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 62% say Yes. The Engineering department is the most satisfied with their compensation, ranking it 91/100, a full 11 pts above the Product department. If you want detailed data about SoFi's wages, see the <a href="https://www.comparably.com/companies/sofi/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Ethnicity - Other
    +30%
  • Department - Engineering
    +21%
  • Tenure - Less than 1 Year
    +20%

Rate Compensation the Lowest

  • Tenure - 1 to 2 Years
    -26%
  • Ethnicity - African American/Black
    -15%
  • Experience - 1 to 3 Years
    -5%

How SoFi's Compensation Score is Calculated

FILTER RATINGS BY

Results from 49 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes62%
No38%
Do you believe you're paid fairly?
AnswerPercent
Yes77%
No23%
Are you satisfied with your Benefits?
AnswerPercent
Yes50%
No50%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year50%
Every 2 years0%
Every 3 years or more0%
Never50%
How often do you get a raise?
×
Rate your company