Cheesy Company to Work For - Anonymous employee Redwood Trust Employee Review

Look, in this type of environment, we are in a sellers market, you have skills, and businesses want them. This company talks a good game, but it doesn’t deliver. The benefits are subpar compared to other employers. Expect to pay for insurance about what you might pay as a direct consumer, with perhaps a generous 20% discount. 401(k) matching and vesting options are written in a way to reward longevity, but longevity can’t be achieved without career mobility or educational advancement. Go to an interview and ask how long your interviewing boss has been there. They have an office in California where they are hiring no one new and there's no career advancement, so they aren't rewarding longevity anywhere. There is no tuition reimbursement, no expense paid for any continuing education for that matter. But to be fair, their technology is antiquated, so the training probably obtained in 2003 is still appropriate. They do have a generous stock purchase plan, which gives you a discount based on the prior quarter price, which would be an obvious money maker if the stock wasn’t down 19.10% for the year, which is worse than many of their unleveraged peers. Financial services organizations traditionally showcase their cutting edge technology to woo customers, seeing their portfolio of offerings would concern me as an employee working for a financial services organization, and there doesn’t seem to be much vision to improve. They will speak about how they were the smartest guys in the room, avoiding the 2008 meltdown, but ask them how they did it. (Avoiding certain assets), and ask them what their strategy is now (now buying those exact assets). Bright or lucky, I’m guessing the latter. Good ol' boys club where managers laugh about flipping each other off, truly unprofessional. You probably won't fit in if you have a family, medical issues, or perhaps just work to live. Work-life balance is a joke. A weekend or so of work a month, quickly becomes every other weekend, late nights, early mornings. Despite this, they are heavily proponents of presenteeism, where they expect your butt to be in a seat M-F 8-5 as well. This is 2015, most companies should be employing you for your skills, not your ability to warm a seat. With so many financial organizations in Denver, and so many of them expanding their hiring, don’t waste your time on this one.