Pros
Flexible hours. Excluding some executives, the people that I worked with were great.
Cons
They ask employees to fill out a Glassdoor review at the very beginning when things seem great, so take other reviews with a grain of salt! In general, the decisions that management made were very short-sided. They would fire large groups of people, especially college students, because they wouldn't commit to working full time. A lot of these people had extremely high potential, but wanted to finish school. They consistently lost their most talented people. Their incentive structures and culture invited unethical behavior. Setters in particular are fired after TWO weeks if they don't reach their conversion rates. Setters receive commission based on the amount of credit reports they pull. This means that they frequently push people through the system that are not a good fit for the Fundwise program because they will receive a bigger paycheck. The business model would be great if they were more transparent with their customers. Unfortunately, they push a lot of people through their program that will NOT be able to pay back the debt. The customer ultimately has to decide whether or not to go through with it, but the sales people are instructed to leave out information that I would really want to know if I were a customer. For lack of a better word, the business model is slimy. One executive in particular would promise things (promotions, pay raises, etc.) that sounded great, but weren't true. After asking around, I found at that the same Executive had promised the same promotion to multiple people without the intention of promoting any of us. Most of the time, he would offer these promotions to incentivize college students to drop out. In addition, they decreased the pay of multiple colleagues of mine. If you are going to work at Fundwise, you should demand an offer letter.
