OnDeck Reviews

3.8

72% would recommend to a friend

(369 total reviews)
avatar

David Fisher

86% approve of CEO

66% positive business outlook

OnDeck has an employee rating of 3.8 out of 5 stars, based on 369 company reviews on Glassdoor which indicates that most employees have a good working experience there. The OnDeck employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

369 reviews
1.0
20 Nov 2017

What was once my dream job turned into a nightmare

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Time off Flexible schedule The people on my team

Cons

I hope I don’t reach the maximum amount of characters listing the cons. When I first applied and accepted my position at OnDeck I thought this was my dream job and I was in this for the long run. That died quickly as soon as management made the decision to have two rounds of massive layoffs followed by a high turnover rate. Departments are thinned out and are taking on triple the work with the same pay. There’s no urgency to fill positions. There’s only so much we can take before we jump ship. They’re not doing much to retain the 5% talent that’s left. Everyone else including management is clueless and does the bare minimum. The best part is receiving a link to fill out a survey as if that’s gonna help boost morale and change how management operates. OnDeck has hit an iceberg and is slowly sinking. They had a chance to recover from the layoffs but forgot about taking care of the people in house. Focusing on profitability instead of its employees is what got OnDeck to this point. It’s time to close up shop and move on who are you fooling. I’m no longer motivated and well on my way out the door.

1.0
24 Aug 2015
Recommend
CEO approval
Business outlook

Pros

Free lunches, Not much else.

Cons

No advancement potential. Company is a sinking ship since the IPO management overhaul. Very non-competitive salary for most departments. HR is a mess. Political nightmare like a previous reviewer stated. Cronyism at it's finest for upper level positions. Company-wide lack of communication across all teams/offices.

Viewing 1 - 3 of 369 Reviews

Glassdoor has 384 OnDeck reviews submitted anonymously by OnDeck employees. Read employee reviews and ratings on Glassdoor to decide if OnDeck is right for you.