Former Employee - Anonymous employee Fundera by NerdWallet Employee Review

The Benefits and schedule are great

there is no personal space

NerdWallet is a great brand with a cool office in a great location, and peers with whom I'll be friends for life. Holidays are also plentiful. Unfortunately, the company has lost its way. Fundera has experienced extreme employee turnover, resulting in constant staff changes. This exodus included knowledgeable managers, long-tenured reps, and support staff who were instrumental, like in SBA and training. The good snacks and lunches and an occasional ice cream truck gimmick don't make up for it.

The sales environment is built on a counterproductive "churn and burn" philosophy that focuses on activity metrics over revenue results. This approach systematically forces out efficient reps who exceed their sales quotas but not their call quotas. The constant cycle of replacing them with new hires who inevitably fail prevents sustainable growth and creates a dysfunctional work environment, indicating a fundamental misunderstanding by leadership about what drives success. Overall, the business strategy in sales, lender partnerships, and hiring suggests a business that has lost its way.