What is the salary like at Lument?

Good work life balance, decent pay and benefits.

Work expectations are unrealistic. Management is very incompetent and a lot of decisions made are all over the place. Lots of toxic office politics and leadership. They micromanage and immediately want to put you on a performance plan if you start struggling. They pick and choose who they want to develop as a leader and who doesn’t. Takes too long to get promoted.

Fully remote possible, decent pay, bonuses

Leadership is bad, really bad. They rule through fear and control. The micromanaging is next level. Daily workload status updates to management. Quarterly employee reviews instead of annual. They track your online time and level of activity, ie how much time you spend typing and clicking. The process changes are constant and usually for the worse. Unrealistic expectations. There's alot of turnover, people leave all the time. I would strongly urge anyone to consider any option outside of Lument.

Great leadership Decent pay Work/Life balance Great people Challenging work but you are given the colleagues to help work through issues

N/A. No cons to list

Great work like balance. Nice office in Dallas.Nice coworkers.

Lower salary compared to market. Some managers are micro managers. They use a system to track what youre doing. Work load can be high and when you don’t meet expectations, that will put you on a PIP.

Basic benefits with a hybrid work model. Upper management really loves promoting from within, so it’s great to grow from an intern/analyst and up, especially if you want to work in multifamily and senior healthcare real estate lending (Agency, HUD, SBL). Depending on the team, hours can be very relaxed.

If I can erase this experience from my memory, I would. Actually, maybe I wouldn’t, so I can make sure I don’t make the same mistakes that my manager and upper management made. Base salary is way lower than competitors, and the way the comp structure is set up is supposed to be more appealing, but in reality, even with bonus, is much lower than market. They push for DEI, but let’s be real. They partner with groups to hire a handful of POC and those who are underprivileged which is great, but the rest of the analyst pool is those who vacation in the Hamptons every weekend in the summer. Plus, look at upper management - not a single person of color. It’s for show. The rotational program is a mess in itself. It’s not really helpful for the analysts, nor for the rest of the team. The program is too short and rushed. Unless you’re one of upper management’s favorites, you have no voice. HR won’t support you either, so you end up feeling helpless if you have anything you want to talk about. Before I left, my other coworkers on my team were so unhappy that we were all looking for jobs elsewhere, but we had no outlet to discuss our dissatisfaction. Going to HR led to nowhere, and going to the wrong other upper management person backfired. I would not recommend this company for so many reasons, some that aren’t even listed here, but a big reason is that deal flow is not flowing strongly, which means the strain is felt on every team. Not the best environment when there aren’t enough deals and c-suite is unhappy.