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Waterstone Mortgage Company Culture
Waterstone Mortgage Culture
This score is derived from employee ratings & reviews3.3/5
Waterstone Mortgage's Overall Culture is rated C
Top Rated Culture Dimensions
CEO Rating
A+Professional Development
A+Perks & Benefits
ACompensation
A-Happiness
B-Waterstone Mortgage CEO
Top 5%Top 5% of Similar Size Companies on Comparably
80 /100
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Diversity at Waterstone Mortgage
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWomen at Waterstone Mortgage
N/A
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWaterstone Mortgage 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?"Bottom 45%Bottom 45% of Similar Size Companies on Comparably
Recommend to a Friend?
-20
Waterstone Mortgage employees are -20% more likely to recommend Waterstone Mortgage as a great place to work
| 40% | Promoters |
|---|---|
| 0% | Passives |
| 60% | Detractors |
Working at Waterstone Mortgage
Working at Waterstone Mortgage is rated below average by 5 employees, across various culture dimensions. Waterstone Mortgage employees rate CEO Rating highest among all categories, and think that Meetings and Environment have the most room for improvement, putting Waterstone Mortgage’s culture in the Bottom 45% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Madison, WI. See below in detail how working at Waterstone Mortgage was rated by employees.
Overall Company Culture at Waterstone Mortgage
C
Overall Company Culture at Waterstone Mortgage is rated C
Last updated months ago
Bottom
45%
Waterstone Mortgage ranks in the Bottom 45% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Share Your Opinion
Anonymously Rate Your Experience & Make Work BetterWaterstone Mortgage Employee Reviews
Out of 13 Waterstone Mortgage employee reviews, 73% were positive. The remaining 27% were constructive reviews with the goal of helping Waterstone Mortgage improve their work culture.
| Positive Reviews | 73% |
|---|---|
| Constructive Feedback | 27% |
Positive Reviews From Waterstone Mortgage Employees
- What did you like most about the interview process?It was done remotely over the phone
- What did you like most about the interview process?The interview process generally involves 1-2 individuals, and hiring decisions are made relatively quickly.
- What makes you most happy at work?The majority of the team I work with is dedicated and makes working at the company a better experience.
Constructive Feedback From Waterstone Mortgage Employees
- What's going wrong and how can it be improved?Loan officers run the show and everyone answers to them
- What needs to change to make the company culture better?Create authentic employee-centric outreach to improve organizational culture and increase employee loyalty and engagement.
- Why do you feel undervalued and what would make you feel better about your compensation?The company is managed top-down. This doesn't leave room for middle management to make improvements. Little guidance is provided on ways to grow in one's career. Annual reviews are used to nitpick minor errors to have them documented for future layoffs.
Waterstone Mortgage Company Information
| Headquarter | Pewaukee, WI United States of America |
|---|---|
| Website | www.waterstonemortgage.com |
Waterstone Mortgage Employees
5 employees at Waterstone Mortgage have reviewed Waterstone Mortgage 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 5 Waterstone Mortgage employees give their leadership a grade of C+, or Top 50% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Waterstone Mortgage are pleased with their total compensation at Waterstone Mortgage, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Waterstone Mortgage are not very pleased with their team. 5 Participants grade the quality of their coworkers a D+. Less than half believe the meetings at Waterstone Mortgage are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Waterstone Mortgage believe the environment at Waterstone Mortgage is negative. Most Participants believe the pace of work at Waterstone Mortgage is comfortably fast. About 40% of the employees at Waterstone Mortgage work 8 hours or less, while 40% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Waterstone Mortgage are not very happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Waterstone Mortgage - Employee Onboarding
The prevailing opinion from Comparably users in Madison, WI about their company is that it was somewhat prepared on their first day. Madison, WI employees concluded that their overall onboarding experience was positive. 73% 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.
Waterstone Mortgage KPIs and OKRs
Employees’ understanding of Waterstone Mortgage's KPIs and OKRs is essential for its success. Out of 2 Waterstone Mortgage employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Waterstone Mortgage Salaries
How much does Waterstone Mortgage pay?
How much do people at Waterstone Mortgage get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Waterstone Mortgage is $93,842, or $45 per hour, while the estimated median salary is $101,778, or $48 per hour.
At Waterstone Mortgage, the highest paid job is a Sales Manager at $120,899 annually and the lowest is a CS Rep at $44,456 annually. Average Waterstone Mortgage salaries by department include: Marketing at $86,731, IT at $104,786, Customer Support at $57,302, and HR at $103,460. Half of Waterstone Mortgage salaries are above $101,778.
5 employees at Waterstone Mortgage rank their Compensation in the Top 15% of similar sized companies in the US (based on 15 ratings) while 5 employees at Waterstone Mortgage rank their Perks And Benefits in the Top 10% of similar sized companies in the US (based on 6 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $59k | $59k | 1st Percentile |
17th Percentile $80k | $80k | 17th Percentile |
33rd Percentile $101k | $101k | 33rd Percentile |
50th Percentile $144k | $144k | 50th Percentile |
67th Percentile $195k | $195k | 67th Percentile |
83rd Percentile $259k | $259k | 83rd Percentile |
100th Percentile $262k | $262k | 100th Percentile |
$93,842*
Average Compensation
$101,778*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Waterstone Mortgage Salaries by Department
Diversity & Inclusion at Waterstone Mortgage
The Diversity score provides insights into how diverse employees feel and rate their work experience at Waterstone Mortgage across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Waterstone Mortgage Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Waterstone Mortgage PTO
Waterstone Mortgage's PTO and Vacation policy typically gives 10-15 days off a year. Waterstone Mortgage's benefits and PTO Package averages to represent a $2500+ 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?
Waterstone Mortgage Careers
Waterstone Mortgage Jobs
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Frequently Asked Questions regarding Waterstone Mortgage
What is Waterstone Mortgage eNPS?
The eNPS for Waterstone Mortgage is -20
What is the salary for DevOps in Waterstone Mortgage?
DevOps average salary in the US is 117k
What are the salaries in the Customer Support in Waterstone Mortgage?
The average salaries for Customer Support in Waterstone Mortgage is 57k
What are the benefits at Waterstone Mortgage?
Waterstone Mortgage perks and benefits are Dental Insurance & Health Insurance
Does Waterstone Mortgage allow employees to work from home?
100% of the employees of Waterstone Mortgage report that they work fully remote
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