Upgrade – The execs in San Fran are so far removed from what is going on in Ops in Phoenix. They say they promote internally but that's a joke because the pay they give you when they promote you is total garbage. Meanwhile they are bringing in people from Charles Schwab and paying them a lot more. | Comparably

Upgrade – The execs in San Fran are so far removed from what is going on in Ops in Phoenix. They say they promote internally but that's a joke because the pay they give you when they promote you is total garbage. Meanwhile they are bringing in people from Charles Schwab and paying them a lot more.

Upgrade Claimed Company
Upgrade is an online lending company that offers affordable credit products and free credit education tools. Upgrade was founded in 2017 and its current CEO is Renaud Laplanche. Since its inception 5 years ago, Upgrade has grown to more than 1400 team members. read more
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The execs in San Fran are so far removed from what is going on in Ops in Phoenix. They say they promote internally but that's a joke because the pay they give you when they promote you is total garbage. Meanwhile they are bringing in people from Charles Schwab and paying them a lot more.

What would you improve about your company's interview process?

Respond back to candidates, have an actual onboarding process that is the same for all LOBs, hire actual dedicated trainers

What is the best part about your compensation package?

Healthcare is paid for by the company. They say they match 401k up to 3% but I haven't seen that yet for 2020

What are some of the best things about your team?

They show up and do their jobs for the most part. But the turnover rate is so high that it's hard to get to know people

What's going wrong and how can it be improved?

Fix the employee turnover issue, fix the phone line issue so customers can actually get through to agents, stop launching half thought out products, spend money on a capable user friendly servicing system

What does the leadership team need to get better at?

Stop forcing people out of a job because you want to replace them with Charles schwab people. When you promote internally, actually give them a normal pay raise, not the pennies you give now.

What is most positive about the culture and environment at your company?

Working from home was nice but now they are having everyone in Phoenix come back to the office full time. Of course the exec's and everyone in San Fran get to keep WFH. And anyone in Phx reporting to remote people get to WFH still - creates a unfair and negative environment

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