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Been going downhill since i've been working here

QA Engineer
Current Employee
Has worked at LendingClub for 2 years
January 11, 2018
San Francisco, CA
3.0
Pros
  • Laid-back company culture where there aren't huge deadlines that everyone struggles to meet
  • Company goals are usually met or exceeded most of the time
  • A lot of the middle management is very good
  • Easy to move up through promotions if you work hard
  • Good benefits
Cons
  • Horrible executive management that doesn't seem to know what to do since the founder left except market more and spend more money
  • Share price never goes up
  • Tried to undercut me by 10k in my offer and mostly tries to compensate with stock that only decreases in price
  • Bonus numbers are usually less than promised in past couple years
  • You'll be doing the same thing every day
  • Way too much domain knowledge and company knowledge needed to get anything done
  • Too many meetings for everything
Advice to Management

Replace the board and focus on real innovation and actually act like a tech company instead of a bank by discussing your technologies and being a leader rather than schmoozing with the institutional investors all the time.

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