Borrowell Reviews

4.3

85% would recommend to a friend

(72 total reviews)

Andrew Graham

92% approve of CEO

72% positive business outlook

Borrowell has an employee rating of 4.3 out of 5 stars, based on 72 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Borrowell 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

72 reviews
2.0
2 June 2020
Recommend
CEO approval
Business outlook

Pros

They've hired some amazing managers. I myself have had the privilege of working on some really great teams and with some incredibly smart and talented people who are always thinking ahead and are really easy to work with.

Cons

I am honestly shocked at the level of politics that happens at this company. They keep files on every single person and and you're not privy to that knowledge. The only way to advance is spend a lot of late nights and and make friends with the right people. There isn't a lot of room for success unless you're apart of the 'in crowd' which sounds very high school but unfortunately true. It is very difficult to be yourself and make genuine connections because you're never sure if what you say will be kept private and whether you can trust people. You can't just be honest and that never seems to go away. Compensation is very poor and there is very little room for negotiation. You have to go to the moon and back to be compensated fairly. It is very difficult as a person of colour or a marginalized person to succeed in this environment. Anything you hear about caring about people or diversity is made up. There is no actual work that goes on within the company to support any marginalized group. This lack of care or concern comes from the top down. Most of the work goes into winning awards for pretending to care about diversity.

1.0
17 Feb 2021

Goes downhill after week 1

Recommend
CEO approval
Business outlook

Pros

Met a few genuine people, nice office location when it was in use.

Cons

The exec team is always so focused on saying the right things to convince people the company “mission” and the product work together - it doesn’t. It’s a referral platform plain and simple. The one attempt to pivot towards a different model failed miserably by overlooking a lot of basic things that a beta tester (as well as talking to a person actually experiencing financial difficulty) would be able to point out. I drank the kool-aid early on too until I realized everything the exec team says is for face. The company culture is nothing but clique-y, public displays of fake fun on chat or slack. If you don’t allow yourself to be manipulated, you’re out of the clique and good luck getting any growth opportunities. The company tries to appear very “politically correct” while their actions say otherwise. A lot of POCs feel very out of place. I know people from other depts with the same job, title, and experience but vastly different starting salaries. So much for the gender pay gap.

2.0
18 Nov 2019

Best to avoid

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The people are nice. Some of the managers are really great and are committed to seeing the team success.

Cons

This place is basically The Stepford Wives. If you don't pretend to be #blessed you're in trouble. They have AMAs and Office Vibe but most people are too afraid to put anything in because they don't believe it's anonymous. They talk about diversity at conferences and on social media but in reality they don't take any action to make people feel any sense of belonging. The company is very white and alienates people of color. Women are discriminated against and white men advance while women do not. They pretended to be so different because the execs were half women but then promoted two white men and the execs are now just like other companies. There is very little transparency around pay. They don't even disclose pay bands for different departments. I'm certain that there are pay gaps that the company refuses to address. Salary raises are at the discretion of the managers and execs and there is very little room for negotiation. The only people who seem to move up are the people who go to every social and work incredibly late hours. A lot of the new managers don't have training or people experience so they end up micro managing their team. Good people were arbitrarily fired just because the execs can't stand criticism. But they didn't realize that they were shooting themselves in the foot and now there is a wave of people quitting. Borrowell is very much a fear based culture and they take pride in the divide and conquer mentality. A lot of coworkers are afraid to talk to each other and the minute they know you're leaving they feel they can open up about the struggles they encounter on a day to day basis. Instead of caring about the wellbeing and happiness of their employees, they are too concerned with silencing any criticism.

Viewing 1 - 3 of 72 Reviews

Glassdoor has 78 Borrowell reviews submitted anonymously by Borrowell employees. Read employee reviews and ratings on Glassdoor to decide if Borrowell is right for you.